The Central Bank of the United Arab Emirates (CBUAE) said in a statement that the country’s total insurance sector profit reached AED 2.5 billion in 2023, compared to AED 1.96 billion in 2022.
The Central Bank of the Emirates (CBUAE) published a report and announced that banks' investment in monetary bills and Islamic certificates of deposit (CD) reached 226.9 billion dirhams at the end of the second quarter of this year.
The Central Bank of the United Arab Emirates (CBUAE) has announced that the bank will maintain the base rate applicable to the overnight deposit facility (ODF) at 5.40 percent.