CBUAE - Global Business Magazine

du Launches du Pay

Global Business Magazine April 25, 2024

du, from Emirates Integrated Telecommunications Company (EITC), has launched du Pay, marking a significant milestone in the UAE's transition toward a cashless Read More

Banking Featured News Regional

UAE’s Top 10 Listed Banks’ Aggregate Net Income Grew by

Global Business Magazine February 29, 2024

Riding on higher interest rates, the aggregate net income of the UAE’s 10 largest listed banks grew by 54.1% y-o-y to $20.94 billion 2023, Dubai-based Read More

Finance Business Featured News Regional

Saudi Central Bank and Hong Kong Monetary Authority to Enhance

Global Business Magazine July 28, 2023

After the Central Bank of UAE (CBUAE), the Saudi Central Bank (SAMA) on Thursday held discussions with Hong Kong Monetary Authority (HKMA) Read More

Finance Featured News Technology

UAE Central Bank Keen to Launch its Digital Currency by

Global Business Magazine July 6, 2023

The UAE’s move to become a cashless society by 2030 received a boost with UAE Central Bank (CBUAE) planning to launch its Read More

Banking Featured News Regional

CBUAE launches central bank digital currency strategy

Global Business Magazine March 24, 2023

The Central Bank of UAE (CBUAE) on Thursday jointly held a signing ceremony with G42 Cloud and R3 to mark the implementation Read More

Economy Featured News Regional

UAE’s banking sector poised to grow further in 2023

Global Business Magazine January 9, 2023

Posting recovery from the ill-effects of COVID-19 by achieving a growth rate of 7% in 2022, the UAE’s banking sector is preparing itself Read More

Banking Featured News Regional

GCC Banks hike interest rates in line with US FED

Global Business Magazine November 3, 2022

In line with the US FED’s decision to hike the interest rates, the Central Banks in the UAE, Saudi and Bahrain Read More

Banking Featured News Regional

Central Bank of UAE completes CBDC transactions with other regulators

Global Business Magazine October 31, 2022

The Central Bank of the United Arab Emirates (CBUAE) announced that it has completed bridge, the world's largest pilot of central bank Read More

Business Featured News Regional

Aldar Properties acquires four prime properties from Mubadala Investment Company

Global Business Magazine August 23, 2022

Aldar Properties will buy four prime commercial towers from Mubadala Investment Company in Abu Dhabi Global Market valued around $1.17 billion. With this Read More