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Gulf Today, Staff Reporter The Central Bank of the UAE (CBUAE) has completed the first and the largest scale pilot of central bank digital currencies, being used by 20...
Australia’s central bank on Tuesday surprised markets by lifting interest rates by a smaller-than-expected 25 basis points, saying they had already risen substantially, although it added that further tightening would...
Gulf Today, Staff Reporter Today Giesecke+Devrient (G+D) already works in close collaboration with many central banks around the world. This is not only the case in banknote printing and...
The Central Bank of the UAE (CBUAE) has imposed administrative sanctions on the owner and general manager of an exchange house operating in the UAE, pursuant to Articles 87...
Pakistan’s central bank on Monday held its main policy rate at 15%, the bank said in a statement, adding it would closely watch inflation data and global commodity prices. “Looking...
Total assets of the 22 national banks rose to Dhs3.023 trillion in the first five months of 2022, up 4 per cent (Dhs117.3 billion), according to latest statistics released...
The Central Bank of the UAE (CBUAE) has issued new guidance on Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) for its Licensed Financial Institutions (LFIs) on the...
The Central Bank of the UAE (CBUAE) has issued a notice to all banks and finance companies operating in the UAE on housing loans granted to beneficiaries of the...
The two-day G-20 finance ministers’ summit, which ended in Bali on Saturday, failed to issue a joint statement because there were serious differences of view among the members. Indonesia, which...
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points, effective from Thursday, 16...