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    CBUAE imposes financial sanctions on 5 banks, 2 insurance companies

    CBUAE imposes financial sanctions on 5 banks, 2 insurance companies

    25 Mar 2025

    The Central Bank of the UAE (CBUAE) imposed financial sanctions totalling AED2,621,000 on five banks and two insurance companies operating in the UAE for non-compliance with the reporting procedures required...

    CBUAE issues new Dhs100 banknote with latest security features

    CBUAE issues new Dhs100 banknote with latest security features

    24 Mar 2025

    The Central Bank of the UAE (CBUAE) has launched a new banknote of Dhs100 denomination, made of polymer and using innovative designs and advanced security features, in line with the...

    CBUAE maintains interest rates unchanged at 4.40%

    CBUAE maintains interest rates unchanged at 4.40%

    20 Mar 2025

    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...

    UAE bank employees surpass 39,000 for first time since 2015

    UAE bank employees surpass 39,000 for first time since 2015

    14 Mar 2025

    The number of employees in UAE banks has exceeded 39,000 for the first time since 2015, according to data from the Central Bank of the United Arab Emirates (CBUAE).The Monthly...

    UAEFTS processed Dhs19.89 trillion in transactions in 2024

    UAEFTS processed Dhs19.89 trillion in transactions in 2024

    13 Mar 2025

    The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to Dhs19.898 trillion during 2024, according to the latest statistics...

    UAE's Dhs500 note awarded 'best new banknote issue for 2025' in Europe, Middle East and Africa region

    UAE's Dhs500 note awarded 'best new banknote issue for 2025' in Europe, Middle East and Africa region

    21 Feb 2025

    The Central Bank of the United Arab Emirates has been awarded the 'Best New Banknote Issue for 2025' for the Dhs500 in the Europe, Middle East, and Africa region.The announcement...

    Top officials during the signing ceremony.

    CBUAE, ESCD sign partnership deal to combat financial crime

    05 Feb 2025

    ABU DHABI:The Central Bank of the UAE (CBUAE) and the Economic Security Centre of Dubai today signed a Memorandum of Understanding (MoU) to strengthen cooperation and information sharing in combating...

    Industrial sector financing drives UAE’s economic diversification

    Industrial sector financing drives UAE’s economic diversification

    13 Jan 2025

    The UAE’s industrial sector has witnessed a significant surge in financing, driven by robust support from both government and private entities. This collaborative effort plays a crucial role in propelling...

    CBUAE, Hong Kong Monetary Authority deepen financial market cooperation

    CBUAE, Hong Kong Monetary Authority deepen financial market cooperation

    20 Dec 2024

    The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) on Friday held the second bilateral meeting in Hong Kong, further solidifying cooperation and...

    CBUAE’s gold reserves surpass Dhs23 billion

    CBUAE’s gold reserves surpass Dhs23 billion

    19 Dec 2024

    The gold reserves of the Central Bank of the United Arab Emirates (CBUAE) exceeded Dhs23 billion by the end of Q3/24. This represents a month-on-month increase of 5.3 per cent,...

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