This photo is used for illustrative purpose.
Effective 12th July, 2020, the Central Bank of the UAE, CBUAE, will introduce a new deposit facility named Overnight Deposit Facility (ODF), which will enable conventional banks operating in the UAE to deposit their surplus liquidity at CBUAE on an overnight basis.
President His Highness Sheikh Khalifa Bin Zayed Al Nahyan has issued a Federal Decree restructuring the Board of Directors of the Central Bank of the UAE (CBUAE), under the chairmanship of Sheikh Mansour Bin Zayed Al Nahyan,
The total foreign assets of the Central Bank of the UAE (CBUAE), were valued at Dhs405.94 billion in February 2020, according to the latest figures released by the central bank.
The Board of the Central Bank of the UAE (CBUAE), has decided on additional measures within the Targeted Economic Support Scheme (TESS), launched initially in March 2020 to further enhance the capacity of the banking sector to support the economy.
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Board of Trustees of the Dubai Future Foundation, on Wednesday approved a set of new projects across key sectors, including transportation, aviation, urban planning and healthcare.
The Middle East’s premium Rotating Machinery Technology & Innovation gathering - RoTIC Symposium 2023 concluded with resounding success, bringing together industrial leaders, manufacturers, and chief engineers from various sectors. The symposium, which focused on Rotating Machinery and its
Abu Dhabi Department of Economic Development (ADDED) and MT Group, a Shanghai-based valve manufacturer, have signed an agreement to strengthen value chain for high-precision equipment in Abu Dhabi, attract more Chinese industrial investments to the emirate and promote sustainable development.
Abu Dhabi Securities Exchange (ADX) has partnered with Sharjah Islamic Bank (SIB) to streamline and facilitate greater access to Initial Public Offering (IPO) subscriptions for investors. The partnership will see both ADX and SIB work together to simplify the process of obtaining a National Investor Number (NIN)