Central Bank
Amending regulations to regulate the growing 'Buy Now, Pay Later' financing offers
Increase compared to its previous forecast of 4.3 percent
Bank said tightening measures nearing end of cycle
Maintaining credit and discount rate at 19.75 percent
Real estate, tourism and aviation showed robust performance
Yellow metal set to record highest annual gains in three years
Strengthening trade and investment relations between the two countries
Total bank credit reached AED1.982 trillion by the end of October
Balance sheet includes AED283.9 billion in cash and AED206 billion in investments
Efforts fall under Financial Sector Development Program
SAR5 mn minimum capital requirement
UAE joins gulf payments company to revolutionize safe cross-border transactions
Projected rise in annual inflation rate in the U.S.
