The UAE has issued a new-look AED500 note as it prepares to host COP28 in Dubai. Coinciding with hosting COP28 and celebrations for the country’s 52nd National Day, the Central Bank of the UAE ...
The notes carry the signatures of a succession of central bank chiefs, with the ones immediately preceding UAE notes bearing the Reserve Bank of India mark. Other currencies that were earlier ...
The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7 per cent from AED4.35tn ($1.2tn) at the end of July 2024 to AED4.378tn ($1.2bn) ...
The Central Bank of the UAE cut its benchmark interest rate by 50 basis points to 4.9 percent in Q3. Ahmed said: “Despite some headwinds, cues from management guidance indicate optimism on ...
ABU DHABI - The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) on Friday held the second bilateral meeting in Hong Kong, further solidifying cooperation ...
Zand, the UAE’s first fully licensed AI-powered digital bank, is now able to offer digital asset, and crypto custody services after Dubai’s regulator VARA ( Virtual Assets Regulatory Authority ...
The United Arab Emirates' central bank failed to act on warnings about a local firm which was helping Iran to evade sanctions, the BBC has found. Leaked documents show Dubai-based Gunes General ...