Central Bank of the UAE
Central Bank of the UAE optimistic in first financial stability review
First financial stability review released by Central Bank of the UAE reveals positive developments; growth has recovered since 2009 slump while inflation is near-zero
Dubai authorities warn of scam using UAE central bank’s name
Fraudsters using official headed paper to send letters asking for money; correspondence claims to represent the Central Bank of the United Arab Emirates
Central Bank of UAE enhances security features in banknotes
Fifty dirham note reprinted to include new colour-shifting thread; rest of design to remain the same
Lithuanian central bank becomes victim of a cyber attack
Bank of Lithuania's website hit by hackers; days after Central Bank of UAE experienced a similar attack
UAE furthers involvement in bank director appointments
New rules will allow the Central Bank of the United Arab Emirates to veto candidates for bank director positions
UAE’s Al-Suwaidi says economy will grow 4% in 2010-11
UAE central bank governor Al-Suwaidi says growth will be 4% despite recent volatility in oil prices; substantial increase on IMF forecasts
UAE governor urges sovereign funds to repatriate
Governor of the Central Bank of the United Arab Emirates Nasser Al-Suwadi appeals to sovereign wealth funds in the region to reject pre-crisis strategy of investing in companies based in advanced economies and instead inject funds into the Gulf region
Dubai World agrees restructuring terms
Government owned investment company agrees the terms of a $23.5 billion restructuring effort with creditors and state; markets welcome news
Gulf markets integrated enough for monetary union
IMF economists’ work indicates stage set for single-currency project
ADIA publishes first annual report
Abu Dhabi’s sovereign wealth fund reveals rates of return and geographical split of investments
Abu Dhabi bails out Dubai
Richest emirate agrees to provide $10 billion to Dubai World; central bank to support local banks
UAE backs banks as Dubai fears spark local sell-off
Commentators praise pre-emptive move on back of uncertainty in global markets following fears of Dubai World default
UAE’s banks liquid since April: Al-Suwaidi
Central Bank of United Arab Emirates’ Sultan Bin Nasser Al-Suwaidi describes measure that helped the country to weather spillovers from turmoil
UAE gives go-ahead for Basel II
Central Bank of the United Arab Emirates says it will begin implementing capital adequacy standards
Gulf officials call for UAE, Oman to rejoin monetary union
Members of the four states still involved in plans for single currency in the Gulf ask UAE and Oman to come back
UAE to establish official interbank rate
Central Bank of the United Arab Emirates plans benchmark money-market rate to have greater control over borrowing costs
UAE’s Al Suwaidi: we could buy more Dubai debt
Governor Sultan bin Nasser Al Suwaidi indicates central bank may purchase more Dubai bonds after buying $10 billion-worth of debt from the emirate earlier this year
UAE to improve banks' corporate governance
The Central Bank of the United Arab Emirates published new draft corporate governance guidelines for the banking sector on Thursday, saying that, as leading contributors to the economy, commercial banks had to have high management and corporate…
Weakness in dollar only "temporary" - UAE governor
Sultan Nasser Al Suwadi, the governor of the Central Bank of the United Arab Emirates, said that he perceived the weakness of the dollar as a "temporary situation".
UAE looks to combat money laundering
A committee led by the head of the Central Bank of the United Arab Emirates (UAE) has announced measures aimed at cracking down on money laundering and terrorist financing.
UAE sees assets depreciate by a third
The value of the assets held by Central Bank of the United Arab Emirates fell by almost a third last year, the central bank revealed on Tuesday.
UAE establishes crisis group
The Central Bank of the United Arab Emirates said on Wednesday that it would set up a group to tackle the impact of the credit crisis on the seven states.
UAE aids Dubai with $10bn bond purchase
The Central Bank of the United Arab Emirates has acted on fears that Dubai will not be able to repay its debt by buying $10 billion-worth of the emirate's bonds.
Saudi, UAE cut by 50 basis points
The Saudi Arabian Monetary Agency (SAMA) and the Central Bank of the United Arab Emirates (UAE) both cut their benchmark rates by half a point on Monday on signs that growth in the two economies, both of which rely heavily on oil exports, will slow in…