CBUAE

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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