Tag: CBUAE
CBUAE reviews effectiveness of its Targeted Economic Support Scheme
The Board of Directors of the Central Bank of the UAE (CBUAE) reviewed the Targeted Economic Support Scheme (Tess) which was initiated to reduce...
CBUAE unveils new regulations to improve banking operational flexibility
UAE's apex bank, the Central Bank of the UAE (CBUAE) is all set to introduce new regulations regarding reserve requirements for deposit-taking licensed financial...
Dubai DoF signs MoU with CBUAE to facilitate fee payments
A Memorandum of Understanding (MoU) was signed by the Dubai Department of Finance (DoF) and the Central Bank of the UAE (CBUAE) to facilitate...
CBUAE & DIEDC join forces to boost Islamic finance sector
The Central Bank of the UAE (CBUAE) has signed a memorandum of understanding (MoU) with the Dubai Islamic Economy Development Centre (DIEDC) targeting the...
Step up Anti-money-laundering efforts: CBUAE to Banks
The UAE Central Bank (CBUAE) has urged regional banks to step up their anti-money laundering efforts to protect the country's financial stability.
Bank said in...
UAE Apex Bank promotes recovery with new revisions to banking ratios
The Central Bank of the UAE (CBUAE) has decided on reviewing two significant operational ratios for banks operating in UAE to encourage the implementation...
UAE reveals program to nurture future leaders in Economics
The UAE government has launched a first-of-its-kind initiative to train young people to become future leaders in the field of economics.
The Young Economist Programme,...
UAE Debit/Credit Card Fraud; Central Bank issues warning
UAE's central bank (CBUAE) has warned UAE banking consumers of the increased number of fraudulent activities observed since the spread of novel coronavirus pandemic...