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UAE Central Bank imposes Dh1 9 million penalty on exchange house

Regulator said financial sanctions were imposed on the company after an investigation revealed that it failed to do due diligence

Central bankCentral bank onUae central bankExchange house

UAE Central Bank imposes financial sanction on exchange house

The UAE Central Bank has imposed a fine of $524,000 (Dh1,925,000) on an exchange house operating in the country for violation of a number of laws.During an

Central bank organisation of financial institutionsCentral bankEmirates news agencyFederal decree lawAnti money launderingIllegal organisationsDecretal federal lawFinancial institutionsUae central bankAbu dhabi

UAE Central Bank issues new Dh1,000 banknote for National Day

For the 51st National Day, the UAE Central Bank (CBUAE) on Friday unveiled a new Dh1,000 banknote that depicts some of the biggest moments in the country's..

Khaled mohamed balamaSultan al nahyanZayed al nahyanSheikh zayedEmirates mission to explore marsPresidential courtCentral bankUae central bankNational dayBarakah nuclear energy plant in abu dhabiEmirates missionExplore marsHope probeBarakah nuclear energy plantMohamed balamaHis highness sheikh mohamed

UAE Central Bank raises interest rate by 75 basis points

The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points – from 3.15% t..

Saudi arabiaCentral bankUae central bankSaudi central bankFederal reserveBase rateOvernight deposit facilityRaises interest rateUae central bank

UAE Central Bank completes first real-value cross-border payment transactions

The Central Bank of the UAE (CBUAE) has completed the first and the largest scale pilot of central bank digital currencies, being used by 20 commercial ban..

Hong kongKhaled mohamed balamaDigital currency institute of the people bankCentral bankInternational settlementsUae central bankHong kong monetary authorityDigital currency instituteMohamed balama

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