Search For "central bank"
UAE one of fastest-growing economies in 2022: CBUAE
Updated : 2 years, 8 months ago IST
The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of oil GDP, according to the Financial Stability Report for 2022 released today by the Central Bank of the UAE (CBUAE)
Read More
India, UAE sign MoUs to promote use of local currencies for cross-border t
Updated : 2 years, 8 months ago IST
Prime Minister Narendra Modi said, "This is a very important aspect of India-UAE cooperation. It paves the way for enhanced economic collaboration and will make international financial interactions simpler."
Read More
UAE banking sector capitalised with adequate liquidity buffers: Report
Updated : 2 years, 8 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
Read More
Third G20 FMCGB meeting to have five thematic areas: Department of Economi
Updated : 2 years, 8 months ago IST
Ajay Seth said that more than 520 delegates, including ministers, governors and deputies are expected to participate in the meetings.
Read More
UAE hosts annual Egmont Group Plenary to discuss use of IT to enhance AML/
Updated : 2 years, 8 months ago IST
Under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of the Central Bank of the UAE (CBUAE), Khaled Mohamed Balama, Governor of CBUAE and Chairman of the UAE National Anti Money Laundering and Comba
Read More
Qatar Central Bank's foreign reserves surge by 14 pc in June
Updated : 2 years, 8 months ago IST
The figures issued Thursday by QCB showed an increase in its official reserves at the end of last month, compared to the same month last year, by about QR 28.536 billion, to reach QR 182.406 billion, driven by the hike in the central balances of bonds and foreign treasury bills from about QR
Read More
UST Delivers API Prototypes for Retail Central Bank Digital Currency (CBDC
Updated : 2 years, 8 months ago IST
London [UK]/Bengaluru (Karnataka) [India], June 27: UST, a leading digital transformation solutions company, has announced its role as an Innovation vendor for Project Rosalind, an experiment in application programming interface (API) prototypes for central bank digital currencies (CBDC) fro
Read More
Has Erdogan really replaced "Erdoganomics" with orthodox economics?
Updated : 2 years, 8 months ago IST
Recep Tayyip Erdogan, having succeeded in getting re-elected for a third time as Turkey's President, in the face of the big economic crisis plaguing his country, has given some indications that he may replace his unorthodox economic policies, dubbed by prestigious foreign media as "Erdoga
Read More
Stock buyers in India book profits after indices peaked this week
Updated : 2 years, 8 months ago IST
Indian stock indices traded in the red Friday morning partly due to profit booking after they peaked this week and on indications that the global fight against inflation, as indicated by various central banks, is far from over.
Read More
UAE's airports received 31.8 million passengers in Q1: CBUAE
Updated : 2 years, 8 months ago IST
The UAE airports received as many as 31.8 million passengers in the first quarter of 2023, an increase of 11.5 million passengers from the same period in 2022, when about 20.4 million passengers were recorded,
Read More
Islamic banks' assets up to AED 650 bn by end of March 2023: CBUAE
Updated : 2 years, 8 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.
Read More
Pakistan receives USD 1 billion loan from China
Updated : 2 years, 9 months ago IST
"This is to inform you that USD 1 billion has been received from China," said the central bank in a brief message to journalists on Friday night.
Read More