A view of the front sides of the new Dhs5 and Dhs10 notes. WAM
The Central Bank of the UAE (CBUAE) has maintained the base rate applicable to the overnight deposit facility (ODF) at 15 basis points, effective from Thursday (July 29).
The Central Bank of the UAE’s public budget reached an all-time high of Dhs650 billion by the end of June 2023, as revealed by its latest fiscal report.
The Central Bank of the UAE (CBUAE) has revealed that the main Islamic financial markets are located in the Gulf Cooperation Council (GCC),
The Central Bank of the UAE (CBUAE) has launched a new whistleblowing portal, an encrypted channel that allows internal and external stakeholders to anonymously raise any concern related to misconduct or policy violations by CBUAE
EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), in collaboration with the Dubai Financial Market (DFM),
Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, praised the success of the 13th Ministerial Conference of the World Trade Organisation (WTO), which took place in Abu Dhabi from 26 February to 1 March 2024. Raja Al Mazrouei said:
The UAE said that its production will remain at 2.912 million bpd until the end of June 2024. Afterwards, in order to support market stability, these additional cut volumes will be reversed gradually subject to market conditions.