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Business Bureau, Gulf Today In an effort to ensure that stored value products and services are operated in a secure, sound and efficient manner in the UAE, the Central...
Russia’s central bank (CB) kept interest rates at a record low on Friday amid increased geopolitical risks but said there was room for lower rates as the COVID-19 pandemic situation...
Commercial and Islamic banks operating in Abu Dhabi recorded a total net income of around Dhs9.55 billion in Q2 of 2020, according to data issued by the Statistics Centre-Abu Dhabi...
The total value of fund transfers among the UAE’s banks amounted to Dhs6.307 trillion during the first eight months of 2020, according to the statistics released by the Central Bank...
The Dubai Department of Finance (DoF), and Central Bank of the UAE (CBUAE), have signed a Memorandum of Understanding, MoU, aimed at facilitating the payment of fees owed by consumers...
The Central Bank of the UAE (CBUAE) on Saturday signed a Memorandum of Understanding (MoU) with the Dubai Islamic Economy Development Centre (DIEDC) to reinforce and expand the reach of...
Abeer Abu Shammaleh, Staff Reporter The total value of national banks’ assets rose by around 0.7 per cent on a monthly basis in July to Dhs2.8 trillion, up from...
The 10-year swap rate on the Dirham has steadied at 1.6 per cent by the end of H1-2020, only rising to 1.9 per cent during the first week of June...
Russia’s central bank (CB) kept rates unchanged at a record low, deciding against further rate cuts as inflation accelerates and risks rise of fresh sanctions against Moscow, but said a...
Abdulhamid Saeed Alahmadi, Governor of the Central Bank of the UAE (CBUAE), has said that in light of the COVID-19 pandemic, central banks across the globe have played a fundamental...
