The Central Bank reduces the interest rate by 0.25%
The Central Bank of the United Arab Emirates decided to reduce the “base rate” on overnight deposit facilities by 25 basis points, from 4.65% to 4.40%, effective Thursday, December 19.…
The Central Bank of the United Arab Emirates decided to reduce the “base rate” on overnight deposit facilities by 25 basis points, from 4.65% to 4.40%, effective Thursday, December 19.…
The Central Bank of the United Arab Emirates decided to reduce the “base rate” on overnight deposit facilities by 25 basis points, from 4.90% to 4.65%, effective Friday, November 8.…
Today, the Central Bank of the UAE announced a tender for cash bills on November 11. According to Central Bank data, the tender includes four issues of “M-BILL” treasury bonds,…
The Central Bank, in an analysis conducted by the bank’s employees, reduced the negative effects on banks’ profits and their role as intermediaries in the country’s financial system, as a…
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defense, met with His Excellency Abdulla Aripov, Prime Minister of…
The Central Bank of the UAE raised its forecast for the growth of the UAE’s gross domestic product from 3.9% previously to 4% in 2024, supported by improved performance of…
The Central Bank has obligated companies that provide installment and short-term financing services to clarify to their clients all fees imposed, as a percentage and value, of the total financing…
The Central Bank of the United Arab Emirates has cancelled the license of Motot Exchange Company operating in the UAE and removed its name from the register, in accordance with…