CBUAE Imposes Administrative Sanctions on 8 Banks Operating in the UAE
The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the UAE, pursuant to Article…
Reserve Bank of Australia, Monetary Statement
At its meeting on May 02, 2023, the Board decided to increase the cash rate target by 25 basis points…
Google, Microsoft CEOs Called to AI meeting at White House
The chief executives of Alphabet Inc’s Google, Microsoft, OpenAI and Anthropic will meet with Vice President Kamala Harris and top…
Monetary Policy Statement by Bank Negara Malaysia
At its meeting on May 3, 2023, the Monetary Policy Committee (MPC) of Bank Negara Malaysia decided to increase the…
CBUAE Commends 31 UAE National Graduates of its Advanced Certificate for Risk-Based Supervision Professionals Program
H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), attended a ceremony recognizing the graduation of…
SAMA Seeks Public Consultation on Draft Rules for Regulating BNPL Companies
The Saudi Central Bank (SAMA) seeks public consultation on the draft ‘Rules for Regulating Buy Now Pay later (BNPL) Companies.’…
CBUAE Raises the Base Rate at 25 Basis Points
The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility…
The Saudi Central Bank’s Decision on Repo and Reverse Repo Rates
Consistent with its mandate of preserving monetary stability, the Saudi Central Bank (SAMA) has decided to raise the rate of…
Federal Reserve issues Monetary Committee Statement
Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and…
ADB President Reaffirms ADB’s Continued Support for Pakistan
President Asian Development Bank (ADB), Masatsugu Asakawa on May 03, 2023 reaffirmed the bank’s continued support to Pakistan. The ADB…