Measures will facilitate post-Covid recovery of the local economy
In November 2020, the Central Bank had urged non-registered Hawala providers to officially register and obtain a certificate before December 2.
The Central Bank has tightened rules related to anti-money laundering, terror financing
Board endorses criteria governing banks' loan exposure to the real estate sector
British bank NatWest fined in a case that marked the first time UK financial regulators pursued criminal charges for such violations
The amendments will go into force from next year
The Money Supply aggregate M1 increased by 1.1 per cent, from Dh653.9 billion at the end of July 2021 to Dh 661.1 billion at the end of August 2021.
Fifteen per cent of the UAE banks’ loan portfolio had benefitted from the TESS deferral programme.
Emirates NBD Expo Mastercard Prepaid Card and Emirates Islamic Expo Mastercard Credit Card will give access to more than 2,000 shopping, dining, wellness, and entertainment touchpoints, as well as to special Expo-related offers.