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Central Bank governors of UAE, Egypt & Jordan explore ways to...

Mr. Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), has met with Mr. Tarek Hassan Amer, Governor of the Central...

CBUAE renews Bilateral Local Currency Swap Agreement with Bank of Korea

The Central Bank of the UAE (CBUAE) and the Bank of Korea (BOK) have renewed the Bilateral Local Currency Swap Agreement, as part of...

CBUAE, Bank of Mauritius to enhance supervision of cross-border banking

The Central Bank of the UAE (CBUAE) and the Bank of Mauritius (BoM) have signed a Memorandum of Understanding (MoU) to enhance cooperation in...

Sharjah Islamic Bank increases foreign ownership to 40%

Sharjah Islamic Bank (SIB) has increased the percentage of its foreign ownership to 40 percent, in cooperation with the financial markets in the UAE. The...

CBUAE secures top honor for its Performance Improvement

The Central Bank of the UAE (CBUAE) was honored with "The Leading Federal Entity Award" for Best Performance Improvement at the sixth edition of...

UAE’s Al Ansari Exchange unveils new payment facility for domestic workers

Al Ansari Exchange, UAE-based leading global remittance and foreign exchange company, has launched a ‘Domestic Workers Salary Payment’ service in line with the UAE...

Al Etihad Credit Bureau unveils ChequeScore to assess cheque bouncing risk

Al Etihad Credit Bureau (AECB), a public joint-stock company wholly owned by the UAE Federal Government, has launched ChequeScore, a mobile application that enables...

Abu Dhabi entities’ alliance to launch new digital banking platform ‘Wio’

Abu Dhabi-based investment and holding company, ADQ has received in-principal approval from the Central Bank of UAE (CBUAE) to launch “Wio”, a new digital...
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