United Arab Emirates

Coordinates: 24°N 54°E / 24°N 54°E / 24; 54

The United Arab Emirates i/juːˌntd ˌærəb ˈɛmɪrts/ (Arabic: دولة الإمارات العربية المتحدة Dawlat al-Imārāt al-‘Arabīyah al-Muttaḥidah), sometimes simply called the Emirates or the UAE, is a country located in the southeast end of the Arabian Peninsula on the Persian Gulf, bordering Oman to the east and Saudi Arabia to the south, as well as sharing sea borders with Qatar and Iran. In 2013, the UAE's total population was 9.2 million, of which 1.4 million are Emirati citizens and 7.8 million are expatriates.

Established in December 1971, the country is a federation of seven emirates. The constituent emirates are Abu Dhabi (which serves as the capital), Ajman, Dubai, Fujairah, Ras al-Khaimah, Sharjah, and Umm al-Quwain. Each emirate is governed by an absolute monarch; together, they jointly form the Federal Supreme Council. One of the monarchs is selected as the President of the United Arab Emirates. Islam is the official religion of the UAE, and Arabic is the official language, although English is widely used.

Latest News for: Banking uae

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Mashreq leads the mobile banking revolution in the Middle East

Gulf News 23 Dec 2024
Pioneering digital innovation in banking ... Fernando Morillo, Mashreq's Group Head of Retail Banking, elaborates ... This dedication to innovation has not only helped us achieve recognition in the UAE but has also fueled our growth across the region as we continue to set new standards in digital banking." ... Revolutionising mobile banking....
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UAE salary guide 2021: How much should you be earning?

The National 23 Dec 2024
... forecast for the Emirates, with the Central Bank of the UAE projecting the economy will....
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Islamic finance in UAE: Rapid growth, leadership in sustainability

Eye Of Riyadh 22 Dec 2024
According to the latest data issued by the Central Bank of the UAE (CBUAE) for September 2024, Islamic banks accounted for approximately 22 percent of the total banking credit in the UAE, with investments reaching AED152.3 billion by the end of Q3 2024....
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UAE now holds $40 billion in Bitcoin

Cryptopolitan 22 Dec 2024
The United Arab Emirates (UAE) now holds $40 billion in Bitcoin, according to a report by Binance founder Changpeng “CZ” Zhao ... UAE growth YoY in value received by transfer size ... This law requires that crypto payments can only be made using stablecoins backed by the Emirati dirham and approved by the Central Bank of the UAE (CBUAE)....
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Housez.ae enters into strategic partnership with Holo

GCC Business News 22 Dec 2024
The partnership agreement marks a significant milestone for both companies as they come together to provide an enhanced, user-focused experience for the UAE real estate market ... Through this partnership, users can access Holo’s platform directly from housez.ae to explore and compare a wide range of mortgage options from leading banks in the UAE....
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Expo Centre Sharjah attracts nearly 3 million visitors in 2024

Khaleejtimes 22 Dec 2024
Expo Centre Sharjah attracted nearly 3 million visitors from across the UAE ... The Centre also hosted the "Ethraa" Career Fair, dedicated to the financial and banking sector, which featured over 100 entities from the leading banks and financial institutions in the UAE. ... UAE Sharjah....
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UAE: How many breaks can employees take during work hours?

Khaleejtimes 22 Dec 2024
What does the UAE employment law say about employees taking breaks during work hours? My colleagues and I work for a mainland UAE company ... In the UAE, an employee is entitled to break(s) between working hours (if required in intervals) which may be not less than one hour in aggregate ... UAE ... UAE....
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Juvenile whale shark sighted off Ras Al Khaimah coast

The National 22 Dec 2024
Natalie Banks, a marine conservationist, said whale sharks have been sighted in RAK but are still not considered common to the UAE’s coastal waters ... Ms Banks said this is the third consecutive year that whale sharks have been sighted in RAK during summer months....
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Indian PM Modi’s historic visit to Kuwait strengthens strategic ties, champions India-GCC partnership

Gulf News 22 Dec 2024
Aster DM Healthcare completes split of GCC and India operations Are banks in the UAE, GCC building better appetite for expanding regionally? UAE, GCC airlines launch post-summer sale with airfares starting at Dh160 to major destinations UAE top destination for India migrants, hosts 3.55 million....
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CBE’s Governor participates in AMF meeting on financial stability

Daily News Egypt 22 Dec 2024
The meeting events were attended by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, Fahad bin Mohammed Al-Turki, the Director General and Chairman of the AMF, and Fernando Restoy, Chair of the Financial Stability Institute (FSI) at the Bank for International ......
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Gulf Bank unveils its enhanced Gulf Points Program

GCC Business News 22 Dec 2024
The Gulf Bank has officially launched its enhanced Gulf Points Program, setting a new benchmark for loyalty rewards in Kuwait ... Consumer Banking. Gulf Bank. “The enhanced Gulf Points program is designed to transform everyday banking into extraordinary experiences ... Customers earn points on every transaction made using Gulf Bank credit cards....
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Expo Centre Sharjah sets record with 80 exhibitions, 3 million visitors in 2024

Urdu Point 22 Dec 2024
The Centre also hosted the "Ethraa" Career Fair, dedicated to the financial and banking sector, which featured over 100 entities from the leading banks and financial institutions in the UAE.</p><p>Expo Centre Sharjah has demonstrated a proactive commitment ......
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Dubai: 2 men smuggling 71kg drugs sentenced to life in prison

Khaleejtimes 21 Dec 2024
Additionally, the court imposed a two-year ban on the transfer or deposit of funds by either of the convicted individuals without prior approval from the UAE Central Bank and Ministry of Interior ... UAE residents can report smuggling, submit crime tip-offs; here's how. UAE Dubai....

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