Sunday , 5 April 2026

Recent Posts

UAE President and Sultan of Oman exchange Eid Al Fitr greetings

ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty Sultan Haitham bin Tariq of Oman on Wednesday exchanged Eid Al Fitr greetings during a phone call, conveying their best wishes for continued wellbeing and prosperity for their two countries and peoples and for peace and prosperity worldwide. The call also addressed developments in the …

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CBUAE maintains Base Rate at 3.65%

ABU DHABI/WAM The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity …

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UAE Banks Federation affirms Central Bank’s resilience package strengthens sector stability

ABU DHABI / WAM The UAE Banks Federation affirmed that the comprehensive Financial Institution Resilience Package, approved by the Board of the Central Bank of the United Arab Emirates (CBUAE), chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of CBUAE, reflects …

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