UAE News
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UAE Central Bank imposes financial sanctions on 6 Banks
The Central Bank of the UAE (CBUAE) on Thursday said it imposed financial sanctions on six banks operating in the UAE for failures to ... -
UAE: Exchange house fined Dh5.2 million for violating anti-money laundering laws
A money exchange house operating in the UAE has been fined Dh5.2 million over its weak compliance with regulations related to prevention of money ... -
Remittances from UAE to India, Pakistan increase by up to 11% as rupees plunge
Remittances from the UAE to India and Pakistan have increased after both the currencies fell to record lows. Currency exchange officials in the UAE ... -
UAE’s new 50-dirham banknote features Sheikh Zayed
DUBAI: UAE rulers witnessed the launch of a new 50-dirham banknote on Tuesday, in celebration of the country’s 50th National Day. The initiative comes ... -
ADCB joins ‘Buna’ system to enhance regional cross-border payments
The Buna platform offers stringent levels of governance and transparency through increased oversight from central banks as well as effective reporting and compliance mechanisms. ... -
Dar Al Takaful and Watania Complete Merger
The merged entity, Dar Al Takaful, with share capital of AED 260 million begins trading on DFM today. Dar Al Takaful (DAT) and Watania ... -
Dubai police chase six men for robbing Cash, Jewelry worth more than $300,000
Dubai: A gang of six men assaulted a family while robbing their villa in the Dubai’s Jumeirah Village Circle, stealing cash and jewelry worth ... -
GCC Exchange Unveils Its Loyalty Program Card named GREEN CARD
GCC Exchange, a renowned Money Transfer, Foreign Currency Exchange and Payroll Solutions Brand for individuals and businesses has launched a GREEN CARD which offers exclusive privileges ... -
Al Ansari Exchange introduces new Smart Counters
Ansari Exchange announces the introduction of smart counters across branches in the UAE. The new counters will help increase operational efficiencies and provide customers ... -
Joyalukkas Exchange has partnered with Effiya Technologies
Joyalukkas Exchange one of the leading money exchanges houses in the Gulf has partnered with Effiya Technologies an Artificial Intelligence (AI) and Machine Learning ...
