UAE Central Bank
Demand deposit balances surpassed AED1.147 trillion, up from AED1.109 trillion in December 2024
After keeping interest rates in the 4.25-4.50 percent range, Fed policymakers signaled that rate cuts are still likely to happen in 2025
Issuance includes 2,000 coins of 50 grams and 5,000 coins of 20 grams each
The UAE Islamic finance industry is estimated to have reached over $285 billion at the end of Q1 2025
The Fed held the benchmark overnight rate steady in the 4.25-4.50 percent range
The strategy aims to increase the assets of UAE Islamic banks from AED986 billion to AED2.56 trillion within six years
The Fed has held its policy rate in the 4.25-4.50 percent range since December
The stablecoin will be regulated by the Central Bank of the UAE, enhancing payment ease
Meetings will focus on global economic priorities, fiscal policies, financial resilience, and international cooperation
Agreement aims to strengthen cooperation and information exchange in areas of mutual interest
The CBUAE forecasts an acceleration of growth to 4.7 percent in 2025, reflecting the resilience of the national economy
