UAE Central Bank Introduces Framework For Regulation of Short-term Credit Facilities
Abu Dhabi December 27 2023: Acknowledging the global shifts in consumer financial trends and the increasing demand for "Buy-Now, Pay-Later" ...
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Currencies
Tag: CBUAE
UAE Banking System Deposits Surged 10% In October 2023
Abu Dhabi December 20 2023: The Central Bank of the UAE (CBUAE) released data showing cash deposits surged to AED ...
UAE Banks’ Investments Grow 18.8% in July to AED 580 Billion
Abu Dhabi September 13 2023: Investments of banks operating in the UAE reached AED580 billion at the end of July ...
UAE Extend Deadline for Disclosing Insurance Companies’ Quarterly Financial Statements
Abu Dhabi May 12 2023: The Securities and Commodities Authority Friday announced the extension of the deadline for disclosing the ...
Bank of Sharjah Board Approves Increase in Capital by AED 800 Million
Sharjah May 6 2023: Bank of Sharjah approved to increase its capital by AED800 million during its Annual General Meeting. ...
UAE National Banks Provided 5.2% more in Credit Facilities to Business and Industrial Sector During January
Abu Dhabi April 16 2023: Credit facilities provided by UAE national banks to the business and industrial sector rose 5.2 ...
UAE Banks Investment Totalled AED528 Billion in December 2022
Dubai March 2 2023: The Central Bank of the UAE has released figures showing that the total investments of banks ...
UAE Central Bank Revokes Licence of ‘Dollar Exchange’ House
Abu Dhabi February 28 2023: The Central Bank of the UAE (CBUAE) has revoked the licence of Dollar Exchange, an ...
UAE Increases Base Rate By Half A Percentage Point
Abu Dhabi December 15 2022: The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable ...
Central Bank of UAE Imposed Financial Sanction On Exchange House
Dubai December 7 2022: The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating ...
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