The Central Bank of the UAE (CBUAE) promotes financial and monetary stability, efficiency and resilience in the financial system, and the protection of consumers through effective supervision that supports economic growth for the benefit of the UAE and its people. Strategic Objectives Our Vision Prom...
The Central Bank of the United Arab Emirates assumes a crucial role in safeguarding financial stability, promoting consumer protection, and fostering the development of Islamic finance within the United Arab Emirates. By means of its regulatory framework and the pivotal role played by the Higher Shari...
Central Banking Awards 2022 Payments and market infrastructure development - retail Central Bank of Brazil's Pix Central Banking Awards 2022 Payments and market infrastructure development - wholesale Reserve Bank of India Central Banking Awards 2022 Reserve manager Central Bank of the UAE Central Banking...
The Central Bank of the UAE (CBUAE), the Bank for International Settlements (BIS), the Emirates Institute of Finance (EIF) and the COP28 Presidency have launched the COP28 UAE TechSprint, a global initiative aimed at promoting innovation in scaling sustainable finance and combating climate ...
News, intelligence and resources on the global fintech industry including topics such as central bank.
The Central Bank of the UAE has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3, G42 Cloud and Clifford Chance. For Phase 1, R3 and G42 Cloud have been selected as the technology and infrastructure providers of the initiative respectively, while...
8 November 2021 – The Central Bank of the UAE (CBUAE) and Bank Indonesia signed a Memorandum of Understanding (MoU) covering digital innovation in payment and financial services to facilitate more efficient and secure transactions, cross-border payment systems including retail paym...
The article looks at banking law in the United Arab Emirates (UAE) as of 2013, reporting on the Central Bank of the UAE's planned review of draft legislation on bank lending ratios and citing advice on the subject from the International Monetary Fund (IMF) multilateral lending agency.LOONG...
Implementing A UAE CBDC R3 is a major CBDC tech developer that’s been involved with numerous Bank of International Settlements (BIS) projects. Meanwhile, G42 Cloud is part of the AI holding company G42, which agreed to cooperate with OpenAI on financial services technology in October. ...
On 23 March 2023 the Central Bank of the UAE (CBUAE) announced implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy. The strategy aims to position and strengthen the UAE as a leading financial hub. The central bank has partnered with