The Central Bank of the UAE (CBUAE) on Wednesday said it had prohibited a Takaful insurer from issuing or concluding new motor and health insurance contracts for violating the laws.
The ban includes renewals as well, according to a statement...
The Central Bank of the UAE (CBUAE) has announced an upcoming auction of Monetary Bills (M-Bills) scheduled for 19th August 2024.
The auction will feature four separate issues of M-Bills Treasury bonds, with a total offering of up to AED...
Data issued by the Central Bank showed that bank investments grew by 21.1% on an annual basis, reaching 664.4 billion dirhams in March 2024.
Investments made Banks operating in the United Arab Emirates A new historical achievement by exceeding the...
The Emirates Central Bank discussed the launch of the digital dirham project in the Emirates, in addition to strengthening the electronic payment structure with Jeon, providing instant payment solutions easily through the Annie platform, and discussing the open financing...
The Central Bank of Saudi Arabia (SAMA) announced the launch of draft rules for opening electronic wallets to request public input
male Central Bank of Saudi Arabia (SAMA)The number of electronic money companies licensed to provide electronic wallets in Saudi...
This meeting is considered a platform for exchanging knowledge and experiences between experts and specialists in the field of financial policies. Discussions during the meeting are expected to include in-depth analyzes of the current status of reserve management and...
The European Central Bank is expected to keep interest rates unchanged, which may contribute to continued rise in gold prices.
In anticipation of the release of important economic data and a decision on interest rates from the European Central Bank,...
The Central Bank of Egypt (CBE) has issued some regulations governing the financing provided by the banks to the financing lease firms, Al Mal News reported, citing the (CBE).
As per the new regulations, the total direct and indirect credit...
