The bank said that foreign currency demand drafts issued on or before the last date 'will remain valid and will be honoured ...

A recent Dubai court ruling ordered a company to pay an ex-employee outstanding dues in UAE currency as well as in crypto. The ruling has raised questions about whether the UAE now allows salaries ...

The UAE national security adviser’s firms are leading an effort to roll out a dirham-backed stablecoin. Sheikh Tahnoon bin Zayed, brother of UAE President Sheikh Mohamed bin Zayed, has lined up ...

The Central Bank of the United Arab Emirates (CBUAE) said on Wednesday it has completed the world's largest pilot of central bank digital currencies (CBDC) transactions, with other regulators ...

CBDC is a digital form of a country’s sovereign currency designed to function as a digital equivalent of traditional banknotes and coins.

DUBAI, April 20 (Reuters) - The United Arab Emirates will soon sell Treasury bonds denominated in local currency for the first time, seeking to raise 9 billion dirhams ($2.45 billion) with eight ...

More UAE dollar bonds expected next year, local currency issues to follow By Reuters October 13, 20211:46 AM PDTUpdated October 13, 2021 ...

DUBAI, July 12 (Reuters) - The UAE central bank aims to introduce digital currency as part of its 2023-2026 strategy, state news agency WAM reported on Monday.

UAE 'Virtual Currency' Restrictions Cast Uncertain Shadow on Bitcoin The UAE central bank is seeking to prohibit the use of digital currencies in the financial sector.

Dubai announced a $9.5 billion restructuring of its Dubai World conglomerate and property developer Nakheel. show chapters Greece Will Be Forgotten Like Dubai 2:00 AM ET Mon, 26 April 2010 ...

Thursday, Feb 04, 2010 Gulf News Dubai Tourists coming to the UAE will be able to make payments in their own currencies at the point of sale under the ‘Pay in Your Currency' service that has been ...