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    CBUAE issues new regulation for retail digital payments

    CBUAE issues new regulation for retail digital payments

    17 Jul 2021

    The Central Bank of the United Arab Emirates (CBUAE) on Saturday unveiled the Retail Payment Services and Card Schemes Regulation, the fourth regulation in the enhancement journey as it prepares...

    Bank of Sharjah receives approvals for bonus share issue

    Bank of Sharjah receives approvals for bonus share issue

    25 Jun 2021

    Staff Reporter, Gulf Today Bank of Sharjah has announced that it has received regulatory approvals from the UAE Central Bank and Abu Dhabi Securities Exchange for its Dhs100 million...

    UAE banking system stays strong, support plan to continue: CBUAE

    UAE banking system stays strong, support plan to continue: CBUAE

    22 Jun 2021

    Business Bureau, Gulf Today Our assessment and recent economic data point to a post-pandemic rebound of the UAE economy. The UAE banking system remains resilient, and our support measures...

    UAE interbank rates up replicating US Fed’s move

    UAE interbank rates up replicating US Fed’s move

    20 Jun 2021

    The interest rates charged by the Emirates Inter-Bank Offered Rate (EIBOR) jumped across all terms post the Central Bank of the UAE increased on Thursday its base rate applicable...

    UAE’s expats remit Dhs156.8b in 2020; Expo will boost industrial growth

    UAE’s expats remit Dhs156.8b in 2020; Expo will boost industrial growth

    14 Jun 2021

    Sajjad Ahmad , Deputy Business Editor The foreign exchange and remittance sector witnessed a global drop in 2020 due to mobility restrictions and other limitations enforced to combat COVID-19...

    UAE, Egypt CBs enhance cooperation

    UAE, Egypt CBs enhance cooperation

    10 Jun 2021

    The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with the Central Bank of Egypt (CBE) to strengthen supervisory cooperation. The MoU outlines the...

    CBUAE issues new regulation to safeguard outsourcing activities

    CBUAE issues new regulation to safeguard outsourcing activities

    08 Jun 2021

    The Central Bank of the UAE (CBUAE) has issued a new Outsourcing Regulation and accompanying Standards for banks operating in the UAE, as part of its ongoing efforts to...

    CBUAE introduces whistleblowing portal to report misconduct

    CBUAE introduces whistleblowing portal to report misconduct

    07 Jun 2021

    The Central Bank of the UAE (CBUAE) has launched a new whistleblowing portal, an encrypted channel that allows internal and external stakeholders to anonymously raise any concern related to...

    UAE Central Bank’s gold reserves reach Dhs11.56 billion in April

    UAE Central Bank’s gold reserves reach Dhs11.56 billion in April

    03 Jun 2021

    The value of gold reserves of the Central Bank of the UAE (CBUAE) in April 2021 rose to Dhs11.56 billion, a growth of 6.8 per cent or Dhs743 million, compared...

    Money Supply aggregate M1 hits Dhs644.4b: CBUAE

    Money Supply aggregate M1 hits Dhs644.4b: CBUAE

    01 Jun 2021

    The Central Bank of the UAE (CBUAE) has announced that the Money Supply aggregate M1 increased 0.3 per cent, from Dhs642.3 billion at the end of March 2021 to...

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