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, […]
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), […]
ABU DHABI 9 September 2020: The National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations announced in its sixth meeting, has launched ‘Fawri Tick ’, a smart system developed by […]
ABU DHABI 3 September 2020: The Central Bank of the UAE (CBUAE), yesterday announced the introduction of a mandatory registration framework for Hawala providers or informal money transfer service providers that operate in the UAE. […]
ABU DHABI 9 August 2020: The Board of the Central Bank of the UAE (CBUAE), has decided on additional measures within the Targeted Economic Support Scheme (TESS), launched initially in March 2020 to further enhance […]
ABU DHABI 22 July 2020: The Central Bank of the UAE (CBUAE), has alerted consumers of the increase in fraudulent activities, and stresses not to disclose private information such as personal and bank account information […]
ABU DHABI 17 July 2020: President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued a Federal Decree restructuring the Board of Directors of the Central Bank of the UAE (CBUAE). It is chaired […]
ABU DHABI 7 July 2020: Effective 12th July, \the Central Bank of the UAE (CBUAE), will introduce a new deposit facility named Overnight Deposit Facility (ODF), which will enable conventional banks operating in the UAE […]
ABU DHABI 17 May 2020: The Central Bank of the UAE (CBUAE), has issued notice that requires all banks and finance companies to consider the specific circumstances of impacted borrowers to receive a deferral of […]
ABU DHABI 5 May 2020: The overall real GDP of UAE is estimated to have grown by 1.7 percent in 2019, according to the Central Bank of the UAE. “The UAE hydrocarbon sector is estimated […]