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Very few countries across the globe can boast of the achievements that the UAE has to its credit in such a short span ... It is followed by telco, Etisalat, and Dubai’s biggest bank, Emirates NBD. We ...
Islamic banking is gaining currency in the UAE as Shariah-compliant financial institutions expand their product offerings to cater to a variety of clients. Industry executives say that the ethical ...
The UAE Central Bank on Wednesday decided to maintain the base rate applicable to the overnight deposit facility (ODF) at 4.40 per cent. The UAE’s decision follows that of the US Federal Reserve ...
The company did complied with the licensing terms and conditions set by CBUAE Abu Dhabi: The Central Bank of the UAE (CBUAE) has revoked the Dubai-based Dynamics Insurance Brokers license after an ...
The number of employees in UAE banks has exceeded 39,000 for the first time since 2015, according to data from the Central Bank of the United Arab Emirates (CBUAE). The Monthly Statistical Bulletin - ...
The base rate applicable to the Overnight Deposit Facility (ODF) stands at 4.40% Dubai: The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the base rate ...
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UAE Central Bank fines lenders and insurance companies Dh2.6m for tax standards violationsThe UAE Central Bank has imposed Dh2,621,000 ($713,700) in fines on five banks and two insurance companies operating in the Emirates for not following tax compliance standards. These financial ...
DUBAI, UAE – Telr, an award-winning leader in digital payments across MENA, has secured a Retail Payment Services License (RPS) by the Central Bank of the UAE, marking a transformative milestone in ...
As the UAE positions itself as a global financial hub, maintaining stringent AML and CFT practices is crucial. The Central Bank’s proactive stance serves both as a deterrent to potential ...
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