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The Central Bank of the UAE, CBUAE, and Abu Dhabi Global Market, ADGM, have announced that they will collaborate, jointly host, and organise the fourth annual FinTech Abu Dhabi...
Mexico’s central bank (CB) unveiled around $31 billion in support for the financial system and cut borrowing costs in the country’s most decisive move yet to help the economy weather...
China’s central bank has ordered banks in the southern city of Shenzhen to investigate business loans collateralised with real estate made this year, as the city’s housing market heats up...
The Governor of the Central Bank of the UAE, CBUAE, and the CEOs of all banks recently discussed the implementation of the Targeted Economic Support Scheme, TESS. A press statement...
Inayat-ur-Rahman The UAE Central Bank recently more than doubled the size of the stimulus package for the economy, to deal with the current crisis, while also allowing banks and...
China’s loans surged as coronavirus stimulus kicked into save the economy. New bank lending in China rose sharply to 2.85 trillion yuan ($405 billion) in March, with total social financing...
Inayat-ur-Rahman, Business Reporter To mitigate the repercussions of COVID-19 pandemic, the UAE Central Bank (CBUAE) has decided to reduce by half the reserves requirements for demand deposits for all...
The Central Bank of the UAE , the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Dubai Financial Services Authority (DFSA) of Dubai International Financial...
President His Highness Sheikh Khalifa Bin Zayed Al Nahyan issued a federal decree for 2020 appointing Abdulhamid Saeed as Governor of the UAE Central Bank. With more than 35...
Egypt’s central bank is expected to leave its main interest rates unchanged as it weighs the impact of an emergency 300 basis point cut two weeks ago to soften the...
