Real GDP growth projected at 4.3% in 2024
ABU DHABI 18 April 2023: The Central Bank of the United Arab Emirates has projected the country’s annual real GDP growth to expand by 4.3 percent in 2024. “After three quarters of high growth, the […]
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UAE to decriminalise ‘rubber’ cheques from Jan
ABU DHABI 2 November 2021: The Central Bank of the UAE (CBUAE) announced that new amendments to the Commercial Transactions Law regarding decriminalisation of cheques, and amendments relating to partial payment of the cheque, and […]
UAE GDP projected to grow 2.5%, faster next year
ABU DHABI 19 March 2021: The Central Bank of the UAE projects real GDP to recover to positive growth of 2.5 per cent in 2021, with non-oil GDP growing by 3.6% and oil GDP remaining […]
UAE real GDP grew 2.9% in 2019: Central Bank
ABU DHABI 24 February 2020: The UAE’s overall real gross domestic product (GDP), is estimated to have grown by 2.9 percent in 2019, the Central Bank of the UAE revealed. According to the Central Bank’s […]
Consumer Alert: You will be protected in the UAE
ABU DHABI 11 February 2020: The Central Bank of the UAE (CBUAE), announced on Monday that it would develop a new consumer protection framework in line with its mandate. The Central Bank said the decision […]
UAE to show 2.4% GDP growth in 2019: CB
ABU DHABI 23 September 2019: Real economic growth in the UAE, as estimated by Central Bank of the United Arab Emirates, exhibited Y-o-Y growth of 2.2 per cent in Q2 -2019, lower than in the […]
Fraud Alert: Ignore Central Bank WhatsApp text
ABU DHABI 1 July 2019: The Central Bank of the UAE (CBUAE) yesterday issued a warning to consumers to be aware of malicious WhatsApp messages claiming to be from CBUAE or banks operating in the […]
UAE CB ‘eidiya’ of crisp new notes for Eid Al Fitr
ABU DHABI 30 May 2019: Central Bank of the UAE (CBUAE) ensures all banks operating in the UAE are provided with new bank notes to meet the needs of their customers during festive seasons. ”As […]
UAE-Saudi cryptocurrency to be named ‘Aber’
ABU DHABI 30 January 2019: The Saudi Arabian Monetary Authority (Sama) and the United Arab Emirates Central Bank (UAECB) clarified in a joint statement that one of the objectives of launching the common digital currency project […]