UAE Central Bank

UAE Islamic finance industry surpasses $285 billion, new strategy to further boost growth: Fitch

The UAE Islamic finance industry is estimated to have reached over $285 billion at the end of Q1 2025

UAE Central Bank keeps interest rate unchanged following Fed’s decision

The Fed held the benchmark overnight rate steady in the 4.25-4.50 percent range

UAE Cabinet approves Strategy for Islamic Finance and Halal Industry

The strategy aims to increase the assets of UAE Islamic banks from AED986 billion to AED2.56 trillion within six years

Fed to refrain from cutting interest rates as economic growth slows, tariffs dampen outlook

The Fed has held its policy rate in the 4.25-4.50 percent range since December

New UAE stablecoin initiative to empower businesses with blockchain for seamless transactions

The stablecoin will be regulated by the Central Bank of the UAE, enhancing payment easeĀ 

UAE to engage in key economic talks at World Bank, IMF spring meetings

Meetings will focus on global economic priorities, fiscal policies, financial resilience, and international cooperation

UAE and Kazakhstan central banks forge cooperation for financial market regulation, development

Agreement aims to strengthen cooperation and information exchange in areas of mutual interest

UAE’s total banking assets grow to $1.24 trillion in 2024 amid strong economic growth: CBUAE

The CBUAE forecasts an acceleration of growth to 4.7 percent in 2025, reflecting the resilience of the national economy

UAE central bank launches new Dirham symbol

Issuance of the Digital Dirham is expected to take place in the last quarter of 2025 for the retail sector

CBUAE projects UAE GDP growth of 4.7 percent in 2025, 5.7 percent in 2026

The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024

UAE central bank issues new AED100 polymer banknote with advanced security features

Polymer banknotes are also more durable and sustainable than traditional paper banknotes, lasting two or more times longer in circulation

Federal Reserve, UAE central bank hold interest rates steady as Trump’s policies raise economic concerns

The UAE central bank has also decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40 percent