Business

CBUAE leaves base rate unchanged at 3.65%

congodailynews.com
ABU DHABI: The Central Bank of the UAE kept the Base Rate applicable to the Overnight Deposit Facility unchanged at 3.65% on April 29, leaving the country’s main policy benchmark at the same level after the latest U.S....
UAE economy extends global rise on strong 2026 data
Business

UAE economy extends global rise on strong 2026 data

congodailynews.com
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
Business

UAE central bank clears DDSC dirham stablecoin launch

congodailynews.com
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The...