News

The Central Bank of the UAE (CBUAE) has launched the Rulebook, a dedicated platform on its website that hosts the CBUAE’s regulations, standards, guidelines, relevant laws and other regulatory publications. This comes as part of a series of initiatives to adopt innovative financial technologies and the CBUAE’s keenness to enhance …

President His Highness Sheikh Mohamed bin Zayed Al Nahyan met with Hassan bin Abdullah Al Ghanim, Speaker of Qatar’s Shura Council, accompanied by Saqr Ghobash, Speaker of the Federal National Council (FNC). During the meeting at Qasr Al Bahr, His Highness Sheikh Mohamed welcomed the Speaker of the Qatari Shura …

Foreign assets of Central Bank of the UAE (CBUAE) have surpassed AED574 billion at the end of April 2023 for the first time in its history. Figures released today by the apex bank showed that the bank’s foreign assets increased monthly by 6.85 percent, from AED537.39 in March 2023 to …

President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received a written message from His Majesty Sultan Haitham bin Tariq of Oman referencing the strong bilateral relations between the UAE and Oman and ways to enhance them to benefit the people of both nations. The message was delivered by …

The Central Bank of the UAE’s (CBUAE) balance sheet grew by 6.3 percent on a monthly basis to reach AED631.63 billion at the end of April 2023, marking the largest level ever in its history, the apex bank said in its budget report for April 2023. The apex bank said …

The Ministry of Industry and Advanced Technology (MoIAT) in cooperation with the Ministry of Economy (MoE) has reduced the fee for companies registered in National Programme for Small and Medium Enterprises (The National Programme for SMEs) to obtain a National In-Country Value (ICV) certificate. The new incentive aims to encourage …

WhatsApp’s latest feature can automatically mute incoming calls if they’re from an unknown number, the service announced today. The setting is available by going into WhatsApp’s settings, hitting “Privacy,” selecting “Calls,” and turning on the “Silence Unknown Callers” toggle. WhatsApp says the feature will help “screen out spam, scams, and …

The Ministry of Human Resources and Emiratisation (MoHRE) has imposed an AED100,000 fine on a private sector company found fraudulently evading Emiratisation targets. This decision comes in line with Cabinet Resolution No. (44) of 2023 amending certain provisions of Cabinet Resolution No. (95) Regarding Penalties and Violations Relating to the …

The UAE strongly condemned Israeli attacks on the Palestinian city of Jenin and its camp through air strikes and shootings, which resulted in deaths and injuries.In a statement, the Ministry of Foreign Affairs (MoFA) called on Israeli authorities to reduce escalation, and avoid steps that exacerbate tension and violence in …

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, today chaired a meeting of the Council, during which he approved several groundbreaking projects to support the Dubai Economic Agenda D33. The meeting was attended by His Highness Sheikh …