This has been done under the oversight of the Central Bank of the UAE, and in collaboration with licensed third-party providers Pay10 and Lean Technologies
Central Bank of the UAE
Latest in Central Bank of the UAE
CBUAE
UAE approves budget, outlines financial strategy for 2026
Board meeting chaired by Mansour bin Zayed focused on digital transformation, payment systems and regulatory development
CBUAE
UAE banks’ gross assets increase by 2.2% in the past one month
The Central Bank of the UAE releases money-supply related data in its Monetary & Banking Developments – September 2025
CBUAE
Revolut steps up UAE build-out as launch nears, pending full licence – GCC CEO
GCC chief Ambareen Musa says Revolut is in “day zero build mode” in the UAE, completing governance and licensing requirements and hopeful for an upcoming launch subject to regulatory approval
CBUAE
UAE makes history with first government transaction using Digital Dirham
UAE executes its first government transaction using the Digital Dirham, marking a major step in building national digital economy
CBUAE
UAE updates Central Bank law
UAE updates Central Bank law to strengthen financial stability, enhance consumer protection, and align banking regulations with global standards
CBUAE
UAE gold reserve surges 25.9% in first five months of 2025 to $7.88bn
CBUAE stats say demand deposits grew to $320bn, savings deposits to $97.91bn, while time deposits exceeded AED1tn for first time
Central Bank of the UAE
Tarabut’s open finance platform secures in-principle approval from CBUAE
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
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
