The Central Bank of the UAE (CBUAE) has announced that the country’s new central-bank digital currency — the Digital Dirham — ...

Abu Dhabi: The UAE has unveiled a new symbol for its national currency, the Dirham, and announced major updates on the upcoming Digital Dirham. According to the UAE Central Bank (CBUAE), the ...

A new stablecoin pegged against the Dirham was launched which will protect consumers from high inflation rates in the U.A.E. The company created in collaboration with Hong Kong-based DRAM Trust wants ...

The United Arab Emirates becomes the latest country to join the race for experimenting with an in-house digital currency. According to the three-year plan for 2023-2026 that announces the launch of ...

The UAE’s national currency, the Dirham, is getting a fresh new look! The Central Bank of the UAE (CBUAE) has officially introduced a brand-new symbol for the Dirham, reinforcing the country’s status ...

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

The UAE Central Bank (CBUAE) has launched its digital currency implementation strategy, which forms one of the key initiatives in its programme to digitise the country’s finance sector. In February, ...

DAMASCUS (Reuters) - Syria plans to print a newly-designed currency in the UAE and Germany instead of Russia, three sources said, reflecting rapidly improving ties with Gulf Arab and Western states as ...

Russia and Indian refiners are set to trade oil not in US dollars but in the UAE's local currency, Reuters reported. Sources told Reuters that more deals priced in UAE dirhams will happen as Moscow ...

The United Arab Emirates has informed the secretariat of the Gulf Cooperation Council that it is pulling out of the proposed GCC monetary union, according to a report by the country’s official news ...

DUBAI, Oct 26 (Reuters) - 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 ...