Saturday, May 31, 2025

UAE Central Bank

UAE Central Bank: November 11th is the date for launching a new currency bills tender

The tender, as reported by the Central Bank, includes a short-term issuance of 28-day Treasury bonds “M-BILL” worth up to AED 3,500 million. Emirates Bank seeksCentral to move the market wheel throughLaunching a new tender for cash bills on the...

UAE Central Bank announces tender for cash bills

Emirates Bank announced Central About the proposal Tender for cash authorizations Next September 2nd. The tender includes four issues of treasury bonds. M-BILL: The first is for 28 days for up to 2000 million dirhams. The second 42 days for...

UAE Central Bank fines bank 5.8 million dirhams

The financial penalty on a bank in the UAE comes as a result of inspections conducted by the Central Bank of the UAE. duty Central Bank of the United Arab Emirates A financial penalty of 5.8 million dirhams on Bank...

The UAE Central Bank increases its gold balance to 19.6 billion dirhams

Gold is among the various assets owned by the UAE Central Bank, which include liquid funds, certificates of deposit, and securities held until maturity. Balance increased Central Bank of the Emirates from gold By 12.6% to 19.615 billion dirhams at...

The UAE Central Bank approves the (Digital Dirham) project

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...

“UAE Central Bank”: Postponing the payment of installments of personal loans and car loans

Within the framework of the facilities provided to citizens and residents who are suffering from difficult economic conditions resulting from the prevailing weather conditions, the Central Bank directed to postpone the payment of installments of their personal loans and...

UAE Central Bank announces a tender for cash bills worth 12 billion dirhams

The UAE Central Bank’s tender includes four issues of “M-BILL” treasury bonds. Announce Central Bank of the Emirates A tender for cash bills worth 12 billion dirhams was announced on March 18. The tender includes four issues of “M-BILL” treasury bonds,...

UAE: Growth in bank investments and private sector loans

Data from the UAE Central Bank indicate that the banking sector continues to play a vital role in supporting the country's economic development process. Bank investments in the UAE reached new record levels at the end of December 2023, reaching...

Latest News

UAE-Pakistan travel: PIA relaunches direct flights from Dubai to Skardu

Pakistan International Airlines (PIA) announced on May 30 the re-launch of its direct service between Dubai International (DXB) airport...

Schengen visa scam in UAE: Fake travel agents charging Dh4,000, experts warn

With the summer travel season in full swing, UAE residents are being warned about fraudulent travel agents charging thousands of dirhams per person for...

Dubai: No private parking? Residents may need to pay Dh500 for a spot this summer

With the Eid Al Adha break starting next Thursday, many UAE residents preparing for summer travel are facing an unexpected hurdle - soaring private...

UAE introduces new service to verify academic degrees of private sector employees

A new digital project launched in the UAE will help verify the academic qualifications of private sector workers, authorities announced on Monday. The service...

UAE: Minimum bank balance requirement of Dh5,000 suspended

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers. The...