Tag: CBUAE
UAE spents $105bn for economy to tackle pandemic crisis
The UAE has released more than $105 billion (Dh388 billion) in economic support packages to effectively combat the COVID-19 pandemic losses.
The government set up...
CBUAE’s new rules facilitate license issuance to digital payment providers
The Central Bank of UAE's new rules for Stored Value Facilities (SVF) will facilitate the issuance of licenses to organizations that offer such service...
CBUAE to extend TESS package until 2021
Central Bank of the UAE (CBUAE) will be extending the validity of its Targeted Economic Support Scheme (TESS) economic stimulus package till 30 June...
CBUAE sets deadline for mandatory registration of Hawala providers
Central Bank of the UAE (CBUAE) has instructed non-registered Hawala suppliers operating in the UAE to register for a Hawala supplier certificate before 2nd...
CBUAE unveils new regulations to improve digital payments
UAE's apex bank, the Central Bank of the UAE (CBUAE) has introduced new regulations for Stored Value Facilities (SVF) in the country's financial landscape.
Stored...
CBUAE reviews effectiveness of its Targeted Economic Support Scheme
The Board of Directors of the Central Bank of the UAE (CBUAE) reviewed the Targeted Economic Support Scheme (Tess) which was initiated to reduce...
CBUAE unveils new regulations to improve banking operational flexibility
UAE's apex bank, the Central Bank of the UAE (CBUAE) is all set to introduce new regulations regarding reserve requirements for deposit-taking licensed financial...
Dubai DoF signs MoU with CBUAE to facilitate fee payments
A Memorandum of Understanding (MoU) was signed by the Dubai Department of Finance (DoF) and the Central Bank of the UAE (CBUAE) to facilitate...
