Browsing: Central Bank of the UAE

Al Ansari Exchange, a branch of Al Ansari Financial Services, is set to utilise Aani, an instant payment platform designed to revolutionise digital payments. This move follows a partnership with Al Etihad Payments (AEP), a subsidiary of the Central Bank of the UAE (CBUAE).

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Vice President and Prime minister of the UAE, issues Law No. (1) of 2024 introducing a new tax on foreign banks operating in Dubai.

(CBUAE) has introduced the fifth iteration of the Executive Certificate for Risk-Based Supervision Professionals. This initiative seeks to qualify and elevate the skills of supervisors, enabling them to identify potential risks and mitigate their impact on the financial system, thereby strengthening financial and monetary stability in the UAE.

The SWIFT User Group Steering Committee and the National SWIFT Users Group in the UAE…

The first paperless direct debit marketplace in the UAE, Direct Debit Marketplace, has officially started.…

The Central Bank of UAE has granted Zand, the first digital bank in the UAE…

The Central Bank of the UAE (CBUAE) has raised the overnight deposit facility (ODF) base…

Rising private sector credit growth points improving business confidence. The aggregate bank credit to the…

The Central Bank of the UAE (CBUAE) has imposed financial sanctions on six exchange houses…

Financial Technology Company Wizz Financial is set to acquire remittance house UAE Exchange, previously owned…