Search Site

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

DAE net profit up 36.2%

Revenues grew by 9 percent to $1.42bn from $1.31bn in 2023.

Borouge 2024 net profit $1.24bn

The company said it will maintain a $1.3bn dividend for 2025.

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Rulebook to ease access to UAE central bank’s reference system

The bank maintains its estimate of 3.1% growth for 2023. (CBUAE)
  • Rulebook is a dedicated platform on its website that hosts the CBUAE’s regulations, standards, guidelines, relevant laws and other regulatory publications.
  • The new Rulebook provides financial sector stakeholders with further access to the CBUAE’s regulatory publications from any device, in Arabic and English.

Abu Dhabi, UAE — The Central Bank of the UAE (CBUAE) has launched the Rulebook, a dedicated platform on its website that hosts the CBUAE’s regulations, standards, guidelines, relevant laws and other regulatory publications.

This comes as part of a series of initiatives to adopt innovative financial technologies and the CBUAE’s keenness to enhance transparency and communication with licensed financial institutions, consumers, other partners and service users, the bank said in a statement.

The new Rulebook provides financial sector stakeholders with further access to the CBUAE’s regulatory publications, displayed directly in any browser, from any device, in both Arabic and English.

Users can leverage a set of new features to help them locate and understand regulatory content, such as a dynamic reference system that turns any reference into a clickable link, and a versioning system that helps users keep abreast of a regulation’s evolution over time.

The Rulebook will be a key reference for all those involved in the UAE financial sector. While the Rulebook is aimed mainly at financial industry professionals, as this service is open to the public, consumers too will be able to access content specifically relevant to them, such as consumer protection regulations and standards.