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More UAE dollar bonds expected next year, local currency issues to follow

October 14, 2021

DUBAI- The United Arab Emirates federal government will be in the market next year for more dollar bond issuances and is working on plans to issue......

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Bank deposits up 0.7% to AED1,928.7 bn by end of August: CBUAE

October 13, 2021

ABU DHABI, 12th October, 2021 (WAM) -- The Central Bank of the United Arab Emirates (CBUAE) said today that total bank deposits increased by 0.7%,......

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UAE recovery on firm footing, says World Bank report

October 10, 2021

The UAE’s economy is showing signs of recovery in 2021 driven by a successful vaccination programme and a reduction in Opec+ oil production......

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Ministry of Finance issues multi-tranche bond package offering for subscription

October 9, 2021

(WAM) -- The UAE Government, represented by the Ministry of Finance (MoF), is set to issue a US dollar- denominated multi-tranche bond offering for......

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Emirates NBD $750 million 5-year dual tranche financing facility with Emirates-

October 6, 2021

DUBAI, 5th October, 2021 (WAM) -- Emirates NBD has signed a US$750 million 5-year Dual Tranche Financing Facility with Emirates. The landmark transaction......

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EDB and ADEX sign agreement to boost UAE exports

October 5, 2021

Emirates Development Bank (EDB) and the Abu Dhabi Exports Office (ADEX) have signed an agreement to help boost UAE exports. ADEX said the agreement......

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UAE Central Bank imposes $4.7mln in fines on 6 exchange houses

October 5, 2021

The Central Bank of the UAE (CBUAE) has imposed financial sanctions to the tune of 17.31 million ($4.7 million) on six exchange houses operating......

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CBUAE issues commemorative silver coins with Expo 2020 Dubai official mascots

October 2, 2021

ABU DHABI, 1st October, 2021 (WAM) -- The Central Bank of the UAE (CBUAE) has announced the issuance of silver coins that feature Expo 2020’s......

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CBUAE issues joint report showing digital currency bridges can speed up international trade payments

September 30, 2021

ABU DHABI, 29th September, 2021 (WMA) -- The Central Bank of the UAE (CBUAE) together with the Bank for International Settlements (BIS) Innovation......

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Ajman Free Zone signs MoU with Emirates Development Bank

September 30, 2021

AJMAN, 29th September, 2021 (WAM) -- As part of its commitment to help grow and develop various local sectors and further drive Ajman’s economic......

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