Central Bank of the UAE
Tarabuts Open Finance Platform Secures In-principle Approval From CBUAE
Middle East Business News - Published date: .
Becomes the first regional fintech to be licensed under Open Finance frameworks in three major Gulf economies – Saudi... Read more
UAE Central Bank Follows Fed Lead And Maintains Base Rate At 4.4%
Middle East Business News - Published date: .
Also decides to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the Ba... Read more
UAE Central Bank Suspends Foreign Insurers Motor Business Over Solvency Issues
Middle East Business News - Published date: .
The CBUAE cited the entity's non-compliance with solvency and guarantee requirements specified in the Law and prevailin... Read more
UAE Bank Investments Surge 16.2% To Nearly $211bn In April 2025
Middle East Business News - Published date: .
In the UAE, Abu Dhabi banks led with investments of AED408.9 billion, followed by Dubai at AED296 billion Read more
UAE Central Bank Partners With Mercury To Launch New Joint Venture
Middle East Business News - Published date: .
The joint venture will enhance the operations of the UAE's national financial market infrastructure Read more
CBUAE Joins Hands With Presight To Enhance UAEs Financial Infrastructure
Middle East Business News - Published date: .
JV to deliver sovereign, AI-powered technological platforms and services to support and enhance the UAE’s financial m... Read more
UAE Central Bank Imposes $217,835 Fine On Exchange House
Middle East Business News - Published date: .
The exchange house failed to comply with CBUAE’s policies and procedures for combating money laundering and the finan... Read more
UAE Central Bank Fines Foreign Bank Branch $164,000 For Regulatory Violations
Middle East Business News - Published date: .
The UAE central bank did not identify the specific foreign bank branch that received the penalty Read more
UAE Central Bank Fines Bank AED3 Mn For AML Violations
Middle East Business News - Published date: .
The sanctions result from the CBUAE's examinations, which revealed the bank's failure to comply with the central bank i... Read more
UAE Central Bank Slaps $1.6mn Fine On Foreign Bank Branch For AML Violations
Middle East Business News - Published date: .
The CBUAE stated it endeavours to ensure all banks and their staff abide by UAE laws, regulations and standards through... Read more
UAE Central Bank Slaps $27.8mn Fine On Exchange House
Middle East Business News - Published date: .
The UAE central bank has not disclosed the identity of the exchange house Read more
Comera Receives UAE Central Bank Approval To Launch Finance Company
Middle East Business News - Published date: .
Once operational, Comera Finance will offer a full suite of financial products and services, spanning retail, SME, and ... Read more
CBUAE Issues $5m Fines To Foreign Banks
Middle East Business News - Published date: .
UAE Central Bank fines foreign banks over anti-money laundering violations Read more
“Its Not Rocket Science”: Mahmoud Abuebeid On Fixing Cross-border Payments
Middle East Business News - Published date: .
GSS Group’s CEO on real-time payments, open finance — and what fintech still gets wrong Read more
Botim, Mbank Launch UAEs First Fintech-integrated Jaywan Card Scheme
Middle East Business News - Published date: .
The collaboration establishes Botim, powered by PayBy, as the UAE's first fintech platform to enable Jaywan card issuan... Read more
UAE To Launch Dirham-backed Stablecoin
Middle East Business News - Published date: .
Dirham-backed stablecoin launched in the UAE will enable simple digital payments Read more
UAE Fintech Pay10 First To Launch On Central Banks Open Finance Framework
Middle East Business News - Published date: .
The company has acknowledged the Central Bank of the UAE's crucial role in facilitating a responsible and secure rollou... Read more
UAE Central Bank Imposes Financial Sanction On A Bank
Middle East Business News - Published date: .
The UAE bank failed to comply with the Anti-money Laundering and Combating the Financing of Terrorism and Illegal Organ... Read more
Al Etihad Payments Signs Global Co-badging Deals For Jaywan Cards With Major Payment Giants
Middle East Business News - Published date: .
Jaywan cardholders will gain seamless global payment capabilities as UAE’s Al Etihad Payments partners with Visa, Mas... Read more
UAE Bank Investments Rise To $202bn In January 2025
Middle East Business News - Published date: .
This represents a 16.1 percent growth compared to January 2024, according to the Central Bank of the UAE's latest banki... Read more