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UAE, UK winds up joint program to tackle financial crimes

The UAE's new Executive Office of the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) and its UK counterparts have winded up a two-week program that...

UAE banking sector remains resilient amid pandemic; Central bank

According to the results of the Central Bank of UAE's latest Financial Stability Report (FSR), the UAE banking system remains resilient despite a challenging...

UAE economy expected to grow 2.4% in 2021; CBUAE

According to the Central Bank of the UAE (CBUAE), the Emirate's economy is expected to grow 2.4 percent as the country steadily recovers from...

Central Bank of UAE raises base rate by 5 basis points

The Central Bank of the UAE (CBUAE) has increased its base rate applicable to the Overnight Deposit Facility by 5 basis points to 15bps. The...

CBUAE & SAMA won Central Banking Magazine’s ‘2021 Global Impact Award’

The Central Bank of the UAE (CBUAE) and the Saudi Central Bank (SAMA) have been awarded the Global Impact Award by Central Banking Magazine...

UAE seeks public-private sector participation to combat financial crimes

The Central Bank of the UAE (CBUAE) and the Ministry of Foreign Affairs along with region's financial entities have discussed the importance of public-private...

UAE, Egypt Central Banks ink MoU to boost cooperation on banking...

The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with the Central Bank of Egypt (CBE) to enhance supervisory...

CBUAE issues new outsourcing law to protect Emirate’s banking sector

The Central Bank of the UAE (CBUAE) has issued a new outsourcing regulation and associated standards for banks operating in the UAE, as part...
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