The Central Bank of the UAE (CBUAE) has imposed a financial sanction on a bank operating in the country for failing to comply ...

FUZE, a digital asset financial infrastructure provider, which offers global stablecoin payments, fiat payouts and ...

Five banks and two insurance companies operating in the UAE have been penalised for non-compliance with tax rules, the Central Bank of the UAE (CBUAE) announced on Tuesday. Financial sanctions ...

The Central Bank of the UAE (CBUAE) has imposed financial sanctions totalling 2.62 million dirhams ($713,310) on five banks and two insurance companies over non-compliance with the reporting ...

The Central Bank’s statistics also highlighted the fact that its net international reserves amounted to AED377.23 billion at the end of January 2020 The Central Bank of the UAE’s statistics ...

The digital symbol signals a progressive approach to monetary policy The Central Bank of the UAE, on Thursday, unveiled the new symbol for the national currency in its physical and digital forms.

Fines were imposed for non-compliance, including on Common Reporting Standard Five banks and two insurance companies have been imposed fines by the UAE Central Bank. The financial sanctions total ...

The gold reserves of the Central Bank of the United Arab Emirates rose 7% in January to AED24.571 billion ($6.69 billion), up from AED22.981 billion in December 2024, according to data from the ...

The BNPL market in the Middle East has witnessed significant growth, with adoption rates reaching 39% in the UAE and 42% in Saudi Arabia over the past year. This surge reflects consumers ...

“In the past 12 months, the popularity of BNPL remained a preferred payment method for online shoppers in the UAE and KSA with adoption rates reaching 39 per cent and 42 per cent, respectively, ...