No consent, no cut: The UAE salary rule employers can’t ignore
Regional tensions have sparked broader concerns across GCC states, including the UAE, about the potential economic impact. A Gulf…
Regulation, Risk & Compliance
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Saudi: SAMA issues updated oversight framework of payment systems and their operators
The Saudi Central Bank (SAMA) has issued the updated “Oversight Framework of the Payment Systems and Their Operators,” which will…
DCD and Mbank partner to strengthen financial stability for Abu Dhabi families
In line with a series of qualitative initiatives aligned with the UAE’s Year of Family across the coming year, the…
PM, regional, global partners push for de-escalation
His Excellency Prime Minister and Foreign Affairs Minister Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani held a series of phone…
QCB: Normal Office Work to Resume Across Financial Institutions Starting Tuesday
Qatar Central Bank announced on Monday that normal office work would resume across all financial institutions operating in the country…
Dubai Police warn against sharing banking details in new anti-fraud campaign
Dubai Police has launched a strategic initiative to combat financial fraud in collaboration with more than 40 government, semi-government and…
No more OTPs: UAE bank says ready to roll out app verification
All licensed financial institutions (LFIs) in the UAE must eliminate SMS- and email-based OTPs to enhance security for banking transactions…
UAE central bank support package lifts lenders shaken by Iran war
Shares of UAE-listed banks jumped on Wednesday after the Central Bank of the UAE announced ​measures to support their liquidity…
CBUAE approves resilience package, says banking sector remains stable
The board of the Central Bank of the UAE (CBUAE) said the country’s financial system has remained resilient despite “extraordinary”…
Central Bank Of The United Arab Emirates Maintains Base Rate Unchanged At 3.65% Following Fed Decision
The Central Bank of the United Arab Emirates has announced its decision to maintain the Base Rate applicable to the…
UAE rejects false online rumours of capital movement restrictions
The UAE’s Ministry of Economy and Tourism has rejected rumours circulating on social media claiming that the country is imposing…
UAE central bank launches resilience package for supporting stability of banking sector
The United Arab Emirates central bank says it has approved a comprehensive financial institution resilience package aimed at reinforcing the…