-
Central Bank of UAE revokes licence of Dynamics Insurance Brokers
03 Apr 2025 10:05 GMT
ABU DHABI - The Central Bank of the UAE (CBUAE) has revoked the licence of Dynamics Insurance Brokers, pursuant to the Article 22 (2) of the Insurance Authority Board of Directors Resolution No. 15 of 2013 Concerning Insurance Brokerage Regulations.
The …
-
Central Bank of UAE introduces new overnight deposit facility for conventional banks
26 Mar 2025 22:22 GMT
Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Mansour bin Zayed, has been appointed as chairman of the Central Bank of the UAE. Ryan Carter / The National
Deputy Prime Minister and Minister of Presidential Affairs, Sheikh Mansour …
-
Central Bank of UAE maintains interest rates unchanged at 4.40%
20 Mar 2025 03:21 GMT
ABU DHABI - The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%.
This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on …
-
UAE Central Bank revokes licence of Dynamics Insurance Brokers for regulatory breaches
04 Apr 2025 06:57 GMT
The Central Bank of the United Arab Emirates has revoked the operating licence …
-
Beyon Money secures new licenses from Central Bank of UAE
17 Dec 2024 04:58 GMT
… two new licenses from the Central Bank of UAE (CBUAE), marking a new milestone … appreciate the support of the Central Bank of UAE in granting the relevant licenses …
-
Central Bank of UAE, National Bank of Tajikistan sign deal to enhance cooperation
13 Dec 2024 11:19 GMT
ABU DHABI - Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Tolibzoda Firdavs Nazrimad, Chairman of the National Bank of Tajikistan (NBT), signed a Memorandum of Understanding aimed at strengthening bilateral ties and establish …
-
UAE's central bank cuts base rate by 25 bps, statement says
19 Dec 2024 11:10 GMT
The central bank of the United Arab Emirates cut its base rate applied …
-
UAE aiming to launch retail central bank digital currency this year
01 Apr 2025 23:27 GMT
The Central Bank of the United Arab Emirates (CBUAE) has announced its intention …
-
UAE's Central Bank Cuts Interest Rate By 25 Basis Points
08 Nov 2024 01:42 GMT
(MENAFN- Kuwait News Agency (KUNA))
ABU DHABI, Nov 7 (KUNA) -- The Central bank of the UAE (CBUAE) decided Thursday to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.90 percent to 4.65 percent, effective …
-
Crypto Market Recap: SEC Nominee Atkins Grilled on Crypto, UAE to Launch CBDC
28 Mar 2025 20:05 GMT
… Khaleej Times reported.
The central bank of the United Arab Emirates has developed an integrated Digital …