Becomes the first regional fintech to be licensed under Open Finance frameworks in three major Gulf economies – Saudi, Bahrain and now UAE
Central Bank of the UAE
Latest in Central Bank of the UAE
Central Bank of the UAE
UAE central bank follows Fed lead and maintains base rate at 4.4%
Also decides to maintain the interest rate applicable to borrowing short-term liquidity at 50 basis points above the Base Rate
Central Bank of the UAE
UAE central bank suspends foreign insurer’s motor business over solvency issues
The CBUAE cited the entity’s non-compliance with solvency and guarantee requirements specified in the Law and prevailing regulations governing insurance companies in the UAE as the reason for the suspension
Central Bank of the UAE
UAE bank investments surge 16.2% to nearly $211bn in April 2025
In the UAE, Abu Dhabi banks led with investments of AED408.9 billion, followed by Dubai at AED296 billion
CBUAE
UAE central bank partners with Mercury to launch new joint venture
The joint venture will enhance the operations of the UAE’s national financial market infrastructure
Central Bank of the UAE
CBUAE joins hands with Presight to enhance UAE’s financial infrastructure
JV to deliver sovereign, AI-powered technological platforms and services to support and enhance the UAE’s financial market infrastructure
Central Bank of the UAE
UAE central bank imposes $217,835 fine on exchange house
The exchange house failed to comply with CBUAE’s policies and procedures for combating money laundering and the financing of terrorism
CBUAE
UAE central bank fines foreign bank branch $164,000 for regulatory violations
The UAE central bank did not identify the specific foreign bank branch that received the penalty
anti-money laundering
UAE central bank fines bank AED3 mn for AML violations
The sanctions result from the CBUAE’s examinations, which revealed the bank’s failure to comply with the central bank instructions
anti-money laundering
UAE Central Bank slaps $1.6mn fine on foreign bank branch for AML violations
The CBUAE stated it endeavours to ensure all banks and their staff abide by UAE laws, regulations and standards through its supervisory and regulatory mandates
anti-money laundering
UAE central bank slaps $27.8mn fine on exchange house
The UAE central bank has not disclosed the identity of the exchange house
Central Bank of the UAE
Comera receives UAE central bank approval to launch finance company
Once operational, Comera Finance will offer a full suite of financial products and services, spanning retail, SME, and corporate lending
CBUAE
CBUAE issues $5m fines to foreign banks
UAE Central Bank fines foreign banks over anti-money laundering violations
Central Bank of the UAE
“It’s not rocket science”: Mahmoud Abuebeid on fixing cross-border payments
GSS Group’s CEO on real-time payments, open finance — and what fintech still gets wrong
astra tech
Botim, Mbank launch UAE’s first fintech-integrated Jaywan card scheme
The collaboration establishes Botim, powered by PayBy, as the UAE’s first fintech platform to enable Jaywan card issuance
ADQ
UAE to launch Dirham-backed stablecoin
Dirham-backed stablecoin launched in the UAE will enable simple digital payments
CBUAE
UAE fintech Pay10 first to launch on Central Bank’s open finance framework
The company has acknowledged the Central Bank of the UAE’s crucial role in facilitating a responsible and secure rollout