UAE Central Bank


Coronavirus Set To Deliver 5.2% GDP Blow To UAE Economy In 2020

Middle East Business News - Published date: .

Latest central bank forecasts show a deeper contraction this year than first estimated, dragged down by disruptions caus... Read more

Dubai's Economy Declined By 3.5% In Q1 Amid Covid-19 Crisis

Middle East Business News - Published date: .

Real estate, finance, manufacturing and government sector all recorded growth despite global pandemic Read more

UAE Bank Customers' Complaints To Be Dealt With Quickly Under New Guidelines

Middle East Business News - Published date: .

Consultation process launched for new Financial Consumer Protection Regulatory Framework Read more

How The UAE Plans To Give More Protection To Bank Customers

Middle East Business News - Published date: .

Consultations start on plans to establish new financial consumer protection regulatory framework in the UAE Read more

In Pictures: 7th Edition Of UBF's Middle East Banking Forum In Abu Dhabi

Middle East Business News - Published date: .

Under the theme 'Unlocking the Future, Shifting the Paradigm', MEBF 2019 explored key topics including Fintech, Islamic ... Read more

UAE Central Bank To Establish 'fintech Office' To Help Regulate Sector

Middle East Business News - Published date: .

The new fintech office will also look into assets such as cryptocurrencies, according to CBUAE governor Mubarak Rashid A... Read more

UAE, Lebanon Studied Projects During Hariri's Visit

Middle East Business News - Published date: .

Hundreds of thousands of Lebanese protesters have demanded the ouster of an entire political class they blame for endemi... Read more

UAE Plans To Loosen Cap On Bank Lending To Property Industry

Middle East Business News - Published date: .

UAE banks can currently lend as much as 20% of customer deposits to the property industry Read more

UAE Is 'studying' Possible Aid To Lebanon After Unrest

Middle East Business News - Published date: .

While the UAE central bank hasn't agreed on specific details, it will 'study and make recommendations in light of the re... Read more

UAE Central Bank Confirms Move To Control Real Estate Exposures

Middle East Business News - Published date: .

Central Bank of the UAE releases for consultation proposed new regulations to better control real estate exposures in th... Read more

UAE Central Bank Removes 3% Early Settlement Fee For Mortgages

Middle East Business News - Published date: .

UAE banks can only charge borrowers a 1% early settlement fee or AED 10,000 Read more

UAE's New FDI Law Could Accelerate Inflows By Up To 20%

Middle East Business News - Published date: .

Landmark law will be discussed at the Annual Investment Meeting 2019 in Dubai next week Read more

UAE Remittance Group Calls For Safer Landscape To Fight Financial Fraud

Middle East Business News - Published date: .

Threats and risks are rapidly evolving, according to the vice-chairman of the Foreign Exchange and Remittance Group (Fer... Read more

UAE Banks To Suspend Credit, Debit Cards Of Users Who Don't Update Emirates ID

Middle East Business News - Published date: .

UAE Central Bank issued a circular last year saying that all details must be updated by the end of February Read more

UAE Unveils Plan To Ease Debt Woes For Emiratis

Middle East Business News - Published date: .

The plan targets loans that cost citizens more than 50% of their monthly salary Read more

Expat Remittances From The UAE Total $10.8bn In Q4

Middle East Business News - Published date: .

Central Bank of the United Arab Emirates figures reveal 7.7% drop compared to the year earlier period Read more

Abu Dhabi Bank Appoints New CEO To Drive Growth

Middle East Business News - Published date: .

Abu Dhabi Islamic Bank has announced the appointment of Mazin Manna as its new Group CEO Read more

Cryptocurrencies Will Become Part Of Daily Transactions, Say Exchange Founders

Middle East Business News - Published date: .

The founders of digital currency trading and custody platform Hayvn believe that soon consumers will have the option of ... Read more

UAE Federal Bank To Sell Bond Following Passage Of Debt Law

Middle East Business News - Published date: .

New law gives its less wealthy emirates access to debt at lower interest rates Read more

Gulf Countries Remain Commited To Dollar Peg

Middle East Business News - Published date: .

Consumer inflation will likely remain benign, said UAE bank governor Mubarak Rashed Al Mansoori Read more