UAE Edition 
MENA+ Edition 
Egypt Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
CBUAE holds rates steady
The central bank maintained its overnight deposit rate at 5.40%
Pilot central bank digital currency platform reaches MVP stage
The mBridge MVP is the first phase of the CBUAE’s broader CBDC strategy
Credit demand remained robust in 1Q 2024 -CBUAE
Dubai saw the strongest demand for business loans
CBUAE leaves interest rates unchanged
The central bank maintained its overnight deposit rate at 5.40% and the overnight lending rate at 5.90%
Siemens Mobility and Hassan Allam Construction snag UAE-Oman rail link contract
PLUS: Dubai’s TVM Capital Healthcare invests USD 17 mn in German mental health provider Neurocare Group AG
Open finance gets some love from the CBUAE
PLUS: Bangkok’s Absolute Hotel Services Group will sign and operate AHS-branded properties in the region
Credit demand + appetite is on the up
The Central Bank’s report forecasts positive credit sentiments across households and corporates
CBUAE downgrades its growth projections for 2024, saying economy will grow 4.2%
The revision is down from the previously anticipated 5.7%
Something went wrong. Please refresh the page and/or try again.