The CBUAE has recently formed several committees and working groups, chaired by the Governor of the CBUAE, to complete the merger process.
The Large-Value Payment Systems (LVPS) Regulation and the Retail Payment Systems (RPS) Regulation aim to promote robust financial infrastructure, which is essential for financial stability and consumer protection. They also facilitate the UAE’s international competitiveness.
The total value of fund transfers among the UAE’s banks amounted to Dhs745.27 billion in January 2021, according to the statistics released by the Central Bank of the United Arab Emirates.
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with Aurora50, a social enterprise focusing on achieving gender-balanced boardrooms in the UAE.
Data from the Dubai Land Department (DLD) showed that real estate sales topped Dhs132.6 billion since the beginning of the year until now.
The Swiss pavilion at Expo 2020 Dubai is hosting a waste management exhibition entitled “No Time To Waste” to showcase circular economy solutions
As part of the Abu Dhabi Investment Office’s (ADIO) programme to attract investment, Abu Dhabi will become home to Amazon’s most technologically advanced fulfillment centre in the region.