#Central Bank of UAE

CBUAE - interest rate

UAE Central Bank holds interest rates steady as US Fed hits pause on hikes

The notification from CBUAE comes after the US Federal Reserve announced that it is maintaining its key policy rate unchanged

CBUAE revokes licence of an exchange firm

CBUAE raises interest rates after US Fed resumes rate hike

The US Federal Reserve raised its benchmark interest rates by 25 points to the highest level in 22 years

central banks of UAE and India sign MoU

Central banks of UAE, India sign agreement to boost collaboration

The MoU will enable joint experimentation with regard to CBDCs and facilitate other digital innovation initiatives between the central banks

UAE Central Bank projects real GDP to grow by 7.6 % in 2022

UAE Central Bank projects real GDP to grow by 7.6 % in 2022

The review expected the non-oil GDP to grow by 6.1 per cent in 2022, against 4.3 per cent previously, with the oil GDP to expectedly grow by 11 per cent this year

New banknote pic WAM

CBUAE issues new Dhs1,000 banknote

The CBUAE is the first in the region to issue the largest multi-coloured Kinegram surface applied foil stripe in the new banknote issue

UAE Treasury bonds

UAE’s five-year tranche treasury bonds receive bids worth Dhs8.6bn in fourth auction

The new five-year T-Bonds will contribute to strengthen the local debt capital market and build the UAE dirham-denominated yield curve

CBUAE launches new website

UAE’s Central Bank launches new corporate website with interactive digital services

The website provides the latest financial and monetary news, research and statistics on the UAE and CBUAE regulations

UAE Central Bank

UAE Central Bank issues new guidance on transaction monitoring and sanctions screening

The guidance came into effect on Monday, September 13, with licensed financial institutions being given a month to demonstrate compliance

UAE money laundering prosecution office

UAE gross bank assets at Dhs3.172 trillion at the end of January

Gross credit in the banking system grew from Dhs1.779 trillion by the end of December 2020 to Dhs1.779.2 trillion in January 2021

Abu dhabi uae capital flag

UAE provided financial facilities worth Dhs5.8bn to non-profit organisations in Q1 2020

The Central Bank of the UAE has said that the support provided to non-profit organisations is expected to increase in 2020