UAE tops Arab world in global covid recovery index
ABU DHABI 12 March 2021: The Central Bank of the UAE was reported as saying that the early signs of recovery from the impact of the pandemic began to emerge in the second half of […]
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UAE resident gets a fine of Dh600,000…
ABU DHABI 26 February 2021: The Central Bank of the UAE (CBUAE) has imposed sanctions on a non-authorised individual related to an exchange house operating in the UAE, after the person carried out a function […]
Financial sanction on UAE-based exchange house
ABU DHABI 11 February 2021: The Central Bank of the UAE (CBUAE) has imposed a financial sanction on an exchange house operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. […]
Business invited to kick start investment cycle
ABU DHABI 10 February 2021: The Central Bank of the UAE (CBUAE) has predicted a strong return to growth in Gross Domestic Product (GDP) for the UAE in 2021, noting the government continues to diversify […]
CBUAE sanctions on 11 banks operating in the UAE
ABU DHABI 1 February 2021: The Central Bank of the UAE (CBUAE) imposed financial sanctions on 11 banks operating in the UAE, pursuant to Article 14 of the Federal Decree Law No. (20) of 2018 […]
UAE banking sector faced cyberattack simulation
ABU DHABI 25 January 2021: The Central Bank of the UAE (CBUAE) has announced it conducted the first-of-its-kind cyberattack simulation exercise that is designed to test the resilience of the UAE’s banking sector against any […]
UAE non-oil GDP to grow 3.6%: CBUAE
ABU DHABI 13 December 2020: The UAE Central Bank estimates an expected growth of 3.6% in the country’s non-oil GDP by the end of 2021. This was revealed during the second meeting of the committee […]
CBUAE extends Targeted Economic Support Scheme
ABU DHABI 17 November 2020: The Central Bank of the UAE (CBUAE), has announced the extension of the applicability period of the key components of its economic stimulus package, the Targeted Economic Support Scheme (TESS) […]
Is your hawala trader registered with Central Bank?
ABU DHABI 13 November 2020: The Central Bank of the UAE (CBUAE), has urged non-registered Hawala providers which operate in the UAE to officially register to obtain the Hawala provider certificate before 2nd December, 2020, […]
Cabinet merges Insurance Authority with Central Bank
ABU DHABI 25 October 2020: The cabinet has approved the issuance of a federal decree-law regarding the amendments of some functions of the Central Bank of the UAE (CBUAE), and merging the Insurance Authority (IA), […]