UAE Central Bank Stops Dh5,000 Minimum Balance Rule
UAE Central Bank Stops Banks from Increasing Minimum Balance to Dh5,000 Recently, there were reports that some banks in the UAE were planning to increase the minimum balance requirement to…
UAE Unveils New Dirham Symbol Inspired by National Flag
UAE Unveils New Dirham Symbol Inspired by National Identity Introduction The Central Bank of the UAE (CBUAE) introduced the New Dirham Symbol for physical and digital currency. The design reflects…
UAE Central Bank Fines Banks for Breaking Tax Rules
UAE Central Bank Fines Financial Institutions for Tax Rule Violations The Central Bank of the UAE (CBUAE) has imposed fines of AED 2.62 million on five banks and two insurance…