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RBI UAE Central Bank Sign MoUs For Cross border Transactions

These agreements focus on promoting the use of local currencies for cross-border transactions and integrating their payment systems, specifically the Unified Payments Interface (UPI) with the Instant Payment Platform (IPP) of UAE, , Reserve Bank of India (RBI), Central Bank of UAE, United Payment Interface (UPI), Modi UAE Visit ....

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Central Bank: Going beyond $: India, UAE sign -dirham trade pact | India News

India News: The Reserve Bank of India (RBI) and the Central Bank of UAE on Saturday decided to move further on strengthening the economic engagement between the t ....

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Islamic banks' assets amounted to AED 620.9 billion by end of January 2023: CBUAE

The central bank statistics reflect an increase in credit for Islamic banks to AED 396.9 billion at the end of January 2023, an annual increase of 3.5 percent compared to nearly AED 383.36 billion in January 2022, and an increase of nearly AED 13.3 billion in 12 months. ....

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UAE: Central Bank issues new instructions regarding the Sheikh Zayed Housing Programme

Debt Burden Ratio of beneficiaries increases from 50% to 60% ....

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Application of Fatca on financial institutions in the UAE

Usually, depository institutions like banks, custodial institutions like mutual funds, investment entities like hedge funds or private equity funds, and certain type. ....

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