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UAE Central Bank asks lenders to defer loans to help flood-hit residents

UAE Central Bank asks lenders to defer loans to help flood-hit residents
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CBUAE urges IFIs to appoint UAE nationals as trainee members

In line with the leadership’s vision and the CBUAE’s commitment to implement the Emiratisation strategy in the financial sector, the Higher Shari’ah Authority at the CBUAE (HSA) has issued a Resolution encouraging Islamic financial institutions (IFIs) to appoint UAE nationals as trainee members at the Internal Shari’ah Supervision

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Abu Dhabi's non-oil foreign trade jumps 12% at Dhs124 billion

The total value of the Emirate of Abu Dhabi’s non-oil foreign trade reached Dhs124 billion during first half of 2022, compared to Dhs110 billion and 313 million,

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Emirates News Agency - CBUAE's Financial Stability Report emphasises UAE's robust financial system in supporting national economy

ABU DHABI, 11th August, 2022 (WAM) The Central Bank of the United Arab Emirates (CBUAE) has issued its Financial Stability Report for 2021, which outlines the measures taken by the CBUAE to support the national economy during the COVID-19 pandemic and safeguard the stability of the financial system. Among these key steps were the CBUAE's gradual exit strategy from the Targeted Economic Support Scheme (TESS) as the UAE economic recovery commenced, with the first phase completed by the end of 2021, and the second.

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