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CBUAE holds rates steady
The UAE’s overnight deposit rate is anchored to the Fed’s
CBUAE signs currency swap agreement with Ethiopia
PLUS: Emirates SkyCago acquires five new freighters
Sharjah launches AED 1 bn sukuk auction
Plus: CBUAE wants to slash red tape
CBUAE issues regulatory sandbox for fintechs
Businesses must launch their products in the UAE after exiting the sandbox
GDP growth picked up steam in 4Q 2023 -CBUAE
Inflation to ease to 2.3% y-o-y in 2024
Bank investments reach a record high in March
Gross credit grew 8% y-o-y to AED 2.047 tn
CBUAE revises its GDP growth forecast for 2024 downward
The central bank expects the economy will grow at a 3.9% clip in 2024
Gross bank assets reach AED 4.25 tn in March -CBUAE
Gross credit expanded with a 1.1% rise in domestic credit and a 5.3% increase in foreign credit
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