CBUAE

News

CBUAE Suspends Money Exchange Business of Al Razouki Exchange Closes Two of Branches

The Central Bank of the UAE (CBUAE) has suspended the business of Al Razouki Exchange, an Exchange House operating in…

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Business

CBUAE Lowers Base Rate by 25 Basis Points

The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility…

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Business

Total Profits of UAE Insurance Sector Amount to AED2.5 Billion in 2023: CBUAE

The Central Bank of the UAE (CBUAE) has announced that the total profits of the country’s insurance sector amounted to…

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Business

CBUAE Lowers Base Rate by 50 Basis Points

The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility…

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Business

National Banks Invest AED4.4bn in Local Stock Markets in 12 months: CBUAE

National banks boosted their investments in local stock markets by AED4.4 billion over 12 months, according to the latest statistics…

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News

CBUAE Revokes Licence of Muthoot Exchange

The Central Bank of the UAE (CBUAE) has revoked the licence of Muthoot Exchange, an exchange house operating in the…

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Business

CBUAE’s Gold Reserves up 19.7% YoY

The value of gold reserves held by the Central Bank of the UAE (CBUAE) reached AED20.619 billion by the end…

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Technology

CBUAE Dubai Courts Sign MoU to Link Electronic Services

The Central Bank of the UAE (CBUAE) and the Dubai Courts have signed a Memorandum of Understanding (MoU) aimed at…

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News

CBUAE maintains Base Rate at 5.40%

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility…

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