The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the financing of terrorism (AML/CFT) for the Licensed Financial Institutions (LFIs)
The Central Bank announced that the Money Supply aggregate M1 increased by 0.5%, from Dhs719.4 billion at the end of August 2022 to Dhs723.0 billion at the end of September 2022.
The Central Bank of the UAE (CBUAE) together with the Bank for International Settlements (BIS) Innovation Hub Centre in Honk Kong, the Hong Kong Monetary Authority,
The issuance of these commemorative coins highlights the successes achieved by the ports of Abu Dhabi and their role in the emirate’s maritime sector in the past decades.
The Central Bank of the UAE (CBUAE) supports the steps taken by the Board of Investbank, under the direction of the shareholders, which initiate the relevant legal proceedings
The Central Bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of polymer and enhanced by advanced technical characteristics and security features.
Emirates NBD, Abu Dhabi Commercial Bank (ADCB), First Abu Dhabi Bank (FAB) and Bank of Sharjah are amongst the national banks to programme their ATMs for the new denominations.
The CBUAE also prohibited the general manager from undertaking any designated function at any licensed financial institution in the country other than the exchange house in question for one year.
The United Arab Emirates, represented by the Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent,
Each commemorative coin weighs 40 grammes. The front side includes a drawing of AUS with the year of its establishment in 1997, surrounded by the name of the university in Arabic and English. The reverse side of the coin includes a logo, specially designed to celebrate the 25th anniversary, in addition to the nominal value (Dhs25).