Search For "central bank uae"
Islamic Treasury Bonds Auction for January attracts bids worth AED 6.91 bi
Updated : 1 year, 4 months ago IST
UAE's Ministry of Finance announces the results of its January Islamic Treasury Sukuk auction, attracting bids worth AED 6.91 billion, reflecting strong demand and oversubscription.
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UAE: CBUAE, Bank Indonesia sign MoU to bolster cooperation in payments spa
Updated : 1 year, 10 months ago IST
The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have today signed a Memorandum of Understanding (MoU) aimed at establishing a framework to enhance bilateral cooperation in the area of payment systems.
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Central Bank of UAE reports 8.6 per cent growth in cash deposits in 12 mon
Updated : 2 years, 4 months ago IST
The cash deposits increased by 7.35 per cent during the first 11 months of the previous year, reaching around AED635.6 billion at the end of 2022, a growth equivalent to AED46.7 billion.
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Central Bank’s budget totalled AED650 billion for H1 2023
Updated : 2 years, 9 months ago IST
The Central Bank of the UAE's public budget reached an all-time high of AED650 billion by the end of June 2023, as revealed by its latest fiscal report.
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UAE banking sector capitalised with adequate liquidity buffers: Report
Updated : 2 years, 10 months ago IST
The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed assessment and evaluation of the UAE banking system. This is in addition to outlining the variety of tools deployed by the CBUAE as part of its macroprudential mandate, as well
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Islamic banks' assets up to AED 650 bn by end of March 2023: CBUAE
Updated : 2 years, 11 months ago IST
The apex bank's statistics reflect an increase in Islamic banks' credit to AED 400.2 billion at the end of March 2023, an annual growth of 2.51 per cent compared to nearly AED 390.4 billion in March 2022, and a month-over-month increase of 0.91 per cent, from AED 396.6 billion in February.
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UAE bank investments at all-time-high of AED 548.5 bn in March
Updated : 2 years, 11 months ago IST
The report, issued on Friday, showed a YoY growth of 16 per cent compared to about AED 472.7 billion in March 2022.
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UAE's Central Bank raises base rate at 25 basis points
Updated : 3 years ago IST
The event, running under the theme, "Digital Transformation & Trade in the New World Economy", is taking place tomorrow, 4th May 2023, at the Museum of the Future in Dubai.
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