Thursday, November 5, 2026

Central Bank of the UAE

Central Bank of the UAE (CBUAE) has launched a new Dh100 banknote

The Central Bank of the UAE (CBUAE) has launched a new Dh100 banknote. The currency note is made of polymer and features innovative designs and advanced security features. The new banknote will be circulated with the existing Dh100 note starting...

UAE Central Bank cancels exchange company license

Due to its violation of financial laws and regulations, the Central Bank of the UAE issued a decision to cancel the license of Motot Exchange Company. In implementation of the provisions of Article 137 “1” of the Decree By Federal...

UAE banks increase their loans by 15 billion dirhams in a month

Total banking assets in the UAE rose by 10.8% to Dh4.287 trillion at the end of May. Has risen Total bank credit in UAEAED 15 billion, or 0.7%, from AED 2.063 trillion at the end of April to AED 2.078...

UAE Central Bank delists insurance brokerage firm for violating regulations

The Central Bank of the UAE, through its regulatory and supervisory duties, works to ensure that all insurance companies and related professions comply with applicable laws. He decidedCentral Bank of the United Arab EmiratesThe license of Galaxy Insurance Brokers operating...

UAE and Indonesia Forge Closer Financial Ties with MoU on Currency Settlement

Khaled Mohamed Balama, Governor of the Central Bank of the UAE, and Perry Warjiyo, Governor of Bank Indonesia, signed a Memorandum of Understanding supporting the steady growth of trade relations between the two countries through the establishment of a...

Latest News

Bahrain’s King welcomes Iraqi Prime Minister, praises growing ties

King Hamad of Bahrain welcomed Iraqi Prime Minister Ali Fadh Al‑Zaydi, noting significant progress in bilateral relations. Both leaders pledged continued collaboration on security and regional stability.

DIP Holding Sets IPO Price at Dhs1.12 per Share, Valuing Firm at Dhs9.7bn

DIP Holding announced a final IPO price of Dhs1.12 per share, representing a Dhs9.7bn valuation. The offering, representing 20% of its capital, is expected to generate Dhs1.9bn in proceeds.

Oil prices dip to low $90s as Trump dismisses near‑term Iran strike

Crude prices slipped on Thursday, with Brent at $93.63 and U.S. WTI at $87.13. The move follows President Trump’s comment that the United States has no immediate plans to attack Iran.

Dubai police assist pet‑owner after collision on Sheikh Mohammed bin Zayed Road

A rear‑end collision on Sheikh Mohammed bin Zayed Road left a Pakistani expat’s dogs distressed. Dubai police intervened, arranged a pet ambulance and ensured the animals received care.

Trump hints at possible Iran strike as regional tensions rise, US forces mobilize

Four tankers caught fire after hitting mines near the Strait of Hormuz, while the US prepares additional air defenses in Israel. Trump signals readiness for a strike despite unresolved negotiations with Tehran.