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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.
The stock market can be a great way to do it, but it comes with its own set of risks and rewards. With the ever-changing economic situation across the globe, it becomes mandatory to invest wisely and safely for a better future.
European Union member states, the Group of Seven industrialized countries and Australia said on Friday that they have reached an agreement on price caps for Russian petroleum products.
Dubai Customs (DC), in partnership with the Dubai Digital Authority, has unveiled the Early Cargo Targeting System to enhance security measures and combat illegal trade.