Abu Dhabi / WAM The central bank of the UAE (CBUAE) together with the Bank for International Settlements (BIS) Innovation Hub Centre in Honk Kong, the Hong Kong Monetary Authority, the Bank of Thailand, and the Digital Currency Institute of the People’s Bank of China have issued the first Multiple CBDC Bridge (mBridge) Project report – a major milestone of ...

Abu Dhabi / WAM The Federal Tax Authority (FTA) has new services designed to help UAE Nationals reclaim the Value-Added Tax (VAT) they incurred on their newly built residences with smooth and efficient procedures. The new services offer four different services that aim to raise the target audience’s awareness, provide them with easy access to information, allow them to communicate ...

Abu Dhabi / WAM Abu Dhabi Islamic Bank (ADIB) on Wednesday announced the launch of its “Al Ghaf Paperless Programme”, an initiative aimed at eliminating paper usage at branches through digital banking solutions. Al Ghaf programme – which is part of ADIB’s environmental and sustainable business strategy – reinforces the bank’s commitment to reduce carbon footprint, enhances customer experience, and ...