Central Bank of UAE

Governor in Washington for IMF, World Bank meetings regarding global financial turmoil.

Investigation into crisis that affected thousands of customers across the country.

Uncertainty over UAE central bank's $13.6bn emergency fund sees one- and three-month rates rise.

UPDATE 2: One- and three-month EIBOR up on news of $13.6bn central bank emergency fund.

Arabian Business poll reveals mixed views on region's battered stock exchanges.

UAE central bank issues directive for lenders to report exposure to bankrupted investment bank.

Arabian Business poll reveals opposition to continuation of Gulf region's link to US currency.

Central Bank figures reveals banking industry is in good shape, despite credit crunch.

Move will affect transactions as low as $544, including remittance payments.

Analysts warn that UAE banks face becoming overexposed to bad debt as people flee the region.

New banking system set to reduce cheque-clearing time from five days to only four hours.

Population of emirates reaches 4.49mn, led by influx of residents into Dubai, says central bank.

UAE central banks notifies banks, exchange houses of 13 new regulations.

Loans in UAE reach $13.18 billion as Gulf state struggles to contain record inflation.

Sara Hamdan discusses currency pegs, inflation and works of art with Sultan Bin Nasser Al Suwaidi.

States agree to create joint cbank next year, but admit Gulf currency will not reach deadline.

UAE cbank governor says former Fed chief just wants to make 'interesting speeches'.

UAE to allow Islamic banks to borrow up to $200mn per day against certificates of deposit.

Central bank governors meeting to try and pick up pace of monetary union.

Islamic home finance provider Amlak has reapplied for a banking licence to the UAE Central Bank.

Inflation in 2007 accelerated to 14% on back of rising fuel, food and housing costs, official data shows.

Emirates plans to to establish higher Sharia Council to supervise industry, replacing 1985 federal law.

Bankers also expected to discuss how to control record inflation at bi-annual meeting.

Governor Al-Suweidi says gov't must rein in spending to control record inflation in the Emirates.

Supply growth surges at second-fastest pace in five years, up more than a third at end of December.

Central bank governor rules out monetary policy shift following another round of US rate cuts.

Central bank sets up currency committee to report on possible depegging or revaluation of dirham.

Why the financial sector in the region needs a more mature approach to security incidents following the recent ATM card fraud.

UPDATE: Gang of fraudsters hack ATM in UAE, stealing card details and pin numbers.

UAE plans to update its CPI to reflect price trends more accurately could make for pretty gruesome reading for the masses.

Emirates committed to keeping dirham tied to US currency, central bank governor says.

Depegging from US currency will help fight inflation, Rakaa Properties CEO says.

National Bank of Abu Dhabi revises forecast up by almost three percentage points on rising rents.

Central bank governor says strong demand for oil and gas will support growth this year.

Move to leave central bank sole mandate of setting monetary policy, report says.

Kuwait cuts benchmark interest rate for first time in 18 months, Saudi, Bahrain and UAE also lower rates.

UAE says dollar peg will remain for 2008, so interest rates cannot rise to curb inflation.

Emirates to form special body to monitor cost of living, central bank governor Al-Suweidin says.

Central bank governor Al-Suweidi says UAE will not follow Saudi and Qatar in raising reserve requirement.

Speculation is rife that a move towards the unpegging of the dirham from the dollar is imminent and research indicates that such a move would be welcomed. Diana Milne explains the impact of the dollar peg and explores the likelihood of it being removed.

Revaluation 'an option', but decision not to depeg 'final', central bank's Al-Suweidi says.

Central bank says public-private partnership the way forward in fight against money laundering.

UAE will likely change its monetary policy early next year, EFG-Hermes predicts.

Prospect of Gulf currency revaluations discouraging sales of dollar-denominated Islamic bonds.

Central bank cuts main interest rate by 15 basis points to 4.5%, in line with Fed benchmark.

Central bank governor Al-Suweidi says dollar peg to remain unchanged for 'foreseeable future'.

Central bank to reimburse customers overcharged by moneychangers ignoring official rate.

UAE, Saudi raise stakes in currency debate but ministers say reform won't be on Doha summit agenda.

EXCLUSIVE: Sources close to central bank suggest 3-5% revaluation of dirham to dollar is on cards.

Gulf Arab state cuts rates to deter market bets that it will let its currency rise against sinking dollar.

The dirham has hit a five-year high with speculation the UAE will move to depeg its currency.

Single currency project for Algeria, Morocco and Tunisia up for discussion.

The long awaited digital cheque clearing process instigated by the UAE's Central Bank is a requirement all UAE banks must fulfill. Compliance is usually a dirty word in IT circles, so Brid-Aine Conway looks at whether the new system will benefit businesses along with customers and how it was implemented.

States could switch together to currency basket to buy time for troubled monetary union project.

Given UAE and Qatar are among world's strongest economies, risks of a GCC currency are just too great to take.

Value of Gulf currencies has slumped by 22% against the rupee over past five years.

Money supply grew to $163.5bn by end of June, up 11.2% in Q2 on previous quarter.

Mortgages in the UAE are set to become cheaper as UAE banks get ready to follow the lead of the Central Bank which has cut domestic rates by 15bps.

UAE lowers interest rates a second time, taking cuts to 0.25 of a percentage point.

Why the UAE is handicapped by its continuing adherence to the dirham's dollar peg.

The latest meeting between GCC central bankers could spell the end for Gulf's 2010 single currency plans.

Emirates' dollar-pegged currency pushed up after Gulf monetary union plan talks failed last week.

Official data shows UAE banks made cuts of around 40% in the second quarter.

With readiness of banks to grant residents loans, will we ever be free of the debt doldrums?

Abu Dhabi-based private equity firm licensed to offer asset management and investment banking services.

Most Gulf central banks look set to ride out dollar weakness, although Kuwait may opt for a second revaluation.

National Bank of Bahrain receives UAE licence as part of its Gulf expansion plan.

Emcredit, the UAE's first credit bureau aims to put a stop to bad debt.

Delay in monetary union is likely, but the UAE won't drop the dollar peg yet, says Central Bank.

Analysts doubtful, but Gulf nations insist they are committed to a single currency.

The UAE central bank blames lack of housing, rather than the declining dollar, on rising inflation.