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UAE Central Bank latest

The gesture is part of the UAE's wise leadership keenness to ensure decent life for all citizens. (Shutterstock)

February 24th, 2019 - 07:48 GMT

Nearly $100 Million Loans of 3,310 Emiratis Waived Off

The Debt Settlement Fund announced on Saturday that Dh361 million loan of 3,310 UAE nationals has been waived off in cooperation with 13 banks.

The pilot project is aimed at studying the practical application of modern technologies. (Shutterstock)

January 31st, 2019 - 09:05 GMT

UAE, Saudi Digital Currency to Be Restricted to a Limited Number of Banks

The UAE Central Bank issued a statement on Wednesday. (Shutterstock)

December 13th, 2018 - 09:00 GMT

UAE, Saudi to Use Digital Currency to Speed up Transactions

The UAE banks have added 1,116 workers year-to-date with local banks hiring 1,176 while foreign banks shedding 60 workers in the first 9 months of 2018. (Shutterstock)

November 6th, 2018 - 08:16 GMT

These Are the UAE Banks That Are Hiring and Firing

(Shutterstock/ File Photo)

October 24th, 2018 - 07:36 GMT

Two Jailed for Attempting to Steal Gold Boxes From UAE Central Bank Appeal

Local banks increased their hiring while foreign banks reduced the number of employees. (Shutterstock)

September 5th, 2018 - 06:45 GMT

More Than 750 Employees Hired in UAE Banks

As VAT is new to the region, it is imperative for business owners to be aware and comply with the new regulations in order to avoid stiff penalties which could be as high as AED 50,000. (Shutterstock)

June 21st, 2018 - 12:36 GMT

7 Ways to Avoid VAT Penalties in UAE

The fee caps apply to banking consumer related charges for example, home loans and late fees for credit cards. (Shutterstock)

June 20th, 2018 - 06:24 GMT

UAE Central Bank Announces New Fee Caps on Retail Customer Service

Seven exchange houses have been prohibited from conducting any activities relating to remittances or payment of wages. (Shutterstock)

June 12th, 2018 - 06:31 GMT

Don't Send Remittance Through These Exchange Houses in UAE

The number of automatic teller machines (ATMs) operated by banks in the UAE hit 5,274. (Pixabay)

May 27th, 2018 - 07:43 GMT

UAE Banks Operate 5,274 ATMs

Dubai’s proposed 'Mortgage Law' intends to create greater depth in the property marketplace. (Shutterstock)

April 23rd, 2018 - 06:22 GMT

Dubai’s New Mortgage Law to Bring More Flexibility, Financing Options

FDI to developing economies remained stable, at an estimated $653 billion, 2 percent more than the previous year. (Shutterstock)

April 3rd, 2018 - 12:00 GMT

Despite Challenges, Global FDI Hits $1.52 Trillion in 2017

All six member countries including Qatar have agreed to contribute initial capital. (Shutterstock)

March 13th, 2018 - 12:25 GMT

Gulf States Set up Company for Money Transfers Among Members

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