Shakhboot bin Nahyan meets with Prime Minister and Secretary-General of Presidency in Cameroon Azizi Developments contributes AED 50 Million towards '1 Billion Meals Endowment' Campaign Presight AI Holding to list shares on ADX on 27th March '1 Billion Meals Endowment' Campaign dedicates 5 easy channels contribute Moro Hub collaborates with Cloud4C to provide sustainable hosting, managed services UAE and Pakistan discuss boosting trade, investment cooperation Dubai records over AED2 bn in realty transactions Wednesday RAK Ruler pardons 338 prisoners ahead of Ramadan
Business Middle East - Mebusiness

central bank

Second auction of Treasury Bonds in 2023 records bids worth AED5.51bn

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, has announced the results of the second auction in 2023 of the Treasury Bonds programme (T-Bonds), which is part of the T-Bond issuance programme for 2023 and as

UAE participates in first G20 Finance Ministers and Central Bank Governors meeting in 2023

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, headed the UAE delegation participating in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in 2023. Held for the first time under the Indian presidency in Bengaluru, the meeting discussed the progress under the G20 priorities set by the Indian

Ministerial Development Council discusses government initiatives and projects

Chaired by H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, the Ministerial Development Council held its meeting at Expo 2020 Dubai, addressing a number of legislations, initiatives and plans designed to further advance the government work. The Ministerial Development Council discussed

UAE participates in 33rd Middle East and North Africa Financial Action Task Force Plenary Meeting

The UAE attended the 33rd Middle East and North Africa Financial Action Task Force (MENAFATF) Plenary Meeting, held on 16th-17th November 2021, in Cairo, as well as the ongoing MENAFATF Working Group sessions leading up to the plenary. The plenary addressed the wide range of ongoing efforts in the region to combat money laundering and

CBUAE, DIEDC join forces to strengthen Islamic banking sector

The Central Bank of the UAE, CBUAE, today signed a Memorandum of Understanding with the Dubai Islamic Economy Development Centre, DIEDC, to reinforce and expand the reach of the Islamic banking sector, and to advance cooperation in areas of mutual interest. Saif Hadef Al Shamsi, Deputy Governor of the Central Bank of the UAE, and Abdulla

New smart system ‘Fawri Tick ’ to combat illegal financing

In its continuous efforts to eliminate risks of financial crimes in the UAE, the National Committee for Combating Money Laundering and the Financing of Terrorism and Illegal Organisations announced in its sixth meeting, the launch of ‘Fawri Tick ’, a smart system developed by the Federal Authority for Nuclear Regulation,

CBUAE introduces mandatory registration framework for Hawala providers in UAE

The Central Bank of the UAE, CBUAE, today announced the introduction of a mandatory registration framework for Hawala providers or informal money transfer service providers that operate in the UAE. The newly introduced registration system is in accordance with the Registered Hawala Providers Regulations (Regulation 24/2019) and reflects

UAE Public Prosecution calls on public not to misuse national currency

The UAE Public Prosecution has called on all members of the public to abide by laws and not to underestimate the national currency in any way whatsoever. "The national currency carries the name and emblem of the UAE; hence the moral value is greater than its material value, and any behavior that is deemed an insult to the currency is

UAE Central Bank expects recovery of economic activity in H2 2020

The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the year. The first quarter economic activities witnessed mixed movements, with the UAE economy performing well during the first two months of 2020. The bank affirmed - in the Quarterly Economic Review 2020 published on

Abundant bilateral opportunities in China's two political sessions, says UAE Ambassador to China

A UAE official has said that the month of May marked a big step for China and the world, as the two major annual political meetings known as two sessions -- the National People's Congress, NPC, the country's top legislature, and the Chinese People's Political Consultative Conference, CPPCC, National Committee, China's top