A bank has been fined Dh3 million by the UAE Central Bank for failing to comply with anti-money laundering laws. The bank ...

The UAE Central Bank imposed a fine of Dh4.1 million ($1.1 million) on three exchange houses for failing to comply with the ...

Prior to assuming this current role, Maria was the Chief Operating Officer in Citi Russia and has served up till recently as Citi Country Officer for Russia. Commenting on her new role, Maria said: "I ...

The UAE central bank said on Monday it fined a foreign bank operating in the country $1.4m (Dhs5m) for failing to sufficiently address money laundering and financing of terrorism and other related ...

Bank investments in the UAE touched Dhs541 billion by the end of February 2023, the highest level in the country’s history, a report by the Central Bank of the United Arab Emirates revealed. The ...

Maria's journey has been full of historic firsts. In July 2024, she became the first Portuguese woman to summit K2, the second-highest mountain in the world at 8,611 metres, located in Pakistan.

The Central Bank of the UAE on Tuesday asked banks not to increase the minimum balance requirement from Dh3,000 to Dh5,000 for retail customers.

Wio Bank PJSC announced its official launch in the UAE, “becoming the first platform bank in the region, aiming to transform banking operating models towards a more digital future.” This is in ...

The UAE has launched a bold national strategy to boost Islamic finance and halal industry growth The UAE has launched a bold national strategy to strengthen its leadership in Islamic finance and the ...

The value of transfers executed in the UAE banking sector through the UAE Funds Transfer System (UAEFTS) reached about AED1.512tn ($412bn) in January 2024, according to the latest statistics from the ...

The UAE Central Bank has approved a new system for overseeing and licensing stablecoins, aiming to enhance the digital economy.