ABU DHABI 24 April 2020: The Central Bank of the UAE (CBUAE), confirmed the progress in the implementation of Targeted Economic Support Scheme (TESS), by banks and finance companies for the benefit of individuals, small […]
ABU DHABI 13 April 2020: The UAE Ministry of Economy announced on Sunday the reduction of fees associated to 94 services provided to individuals, companies, and the business sector. The announcement follows the issuance of […]
UAE 31 March 2020: The UAE Government has announced the detection of 41 new coronavirus cases among various nationalities, taking to 611 the number of infections in the country. The government also announced the full […]
ABU DHABI 19 March 2020: The Central Bank of the UAE has announced the issuance of the ‘Dormant Accounts Regulation’. This regulation applies to all banks operating in the UAE. The purpose of the regulation […]
Credit card fees at point of sale to be reduced Abu Dhabi 15 March 2020: This Saturday, the Ministry of Health and Prevention (MoHaP) confirmed an Indian national has tested positive for Covid-19 upon returning […]
ABU DHABI 7 March 2020: The Central Bank of the UAE (CBUAE), announced that, effective Wednesday, 4 March, it will lower interest rates applied to the issuance of its Certificates of Deposits in line with […]
ABU DHABI 4 February 2020: The Central Bank (CBUAE) Board discussed a presentation from the Monetary Management Department on the newly proposed Dirham Monetary Framework (inclusive of the Guidance Manual of the Monetary Bills Programme); […]
ABU DHABI 5 December 2019: The Central Bank of the UAE denied yesterday the claims of an article published on a “potentially fraudulent website”, which said that the Governor of the Central Bank endorses a […]
ABU DHABI 3 November 2019: The Central Bank of the UAE (CBUAE) has lowered interest rates on issuance of its Certificates of Deposits from Thursday, October 31, 2019, in line with the decrease in interest […]
ABU DHABI 30 September 2019: The Central Bank of UAE (CBUAE), is seeking comments and feedback from experts on a draft regulation on loan-based Crowdfunding Platforms (CFPs), before it is officially approved and issued. Crowdfunding […]