Tag: CBUAE
UAE economy expected to grow 2.4% in 2021; CBUAE
According to the Central Bank of the UAE (CBUAE), the Emirate's economy is expected to grow 2.4 percent as the country steadily recovers from...
Central Bank of UAE raises base rate by 5 basis points
The Central Bank of the UAE (CBUAE) has increased its base rate applicable to the Overnight Deposit Facility by 5 basis points to 15bps.
The...
CBUAE & SAMA won Central Banking Magazine’s ‘2021 Global Impact Award’
The Central Bank of the UAE (CBUAE) and the Saudi Central Bank (SAMA) have been awarded the Global Impact Award by Central Banking Magazine...
UAE seeks public-private sector participation to combat financial crimes
The Central Bank of the UAE (CBUAE) and the Ministry of Foreign Affairs along with region's financial entities have discussed the importance of public-private...
UAE, Egypt Central Banks ink MoU to boost cooperation on banking...
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with the Central Bank of Egypt (CBE) to enhance supervisory...
CBUAE issues new outsourcing law to protect Emirate’s banking sector
The Central Bank of the UAE (CBUAE) has issued a new outsourcing regulation and associated standards for banks operating in the UAE, as part...
CBUAE joins with SWIFT to improve cross-border payments
The Central Bank of the UAE (CBUAE) is collaborating with SWIFT on a project to improve the speed and transparency of cross-border payments, making...
CBUAE issues new regulations for low risk specialized banks
The Central Bank of the UAE (CBUAE) has issued a new regulation focusing on the licensing, prudential and conduct requirements for specialized banks.
Under the...
