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The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024
Polymer banknotes are also more durable and sustainable than traditional paper banknotes, lasting two or more times longer in circulation
The UAE central bank has also decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40 percent
This marks a year-on-year rise of 15.9 percent
CBUAE reported M1 money supply rose 2.3 percent to $257.7 billion by December 2024
This code promotes integrity, transparency, and fairness in the wholesale foreign exchange market practices
Jaywan offers secure, efficient payments, reducing costs, supporting growth, and promoting inclusion
After cutting the benchmark interest rate a full percentage point last year, the Fed kept it in the current 4.25-4.50 percent range
This represents a month-on-month increase of 5.5 percent, or $348.5 million
The CBUAE has issued 3,000 of these commemorative coins, each weighing 60 grams
Gross credit rose by 0.6 percent to AED2.174 trillion by October 2024
Non-oil GDP growth is projected to remain robust at 4.9 percent in 2024 and 5.0 percent in 2025
