View the latest data and reports from CBUAE. This website and those in charge of the same shall follow comprehensive and strict information security policy. The CBUAE can take no responsibility for losses arising from these sites, services or documents. 2.1 These Intellectual Property terms form part of the Central Bank of the UAE website general Terms and Conditions. Quarterly Review of the Central Bank of the UAE Search By Year : All Quarterly Review of the Central Bank of the UAE - Q1 - 2020 Your details will be held in confidence to the fullest extent practical or allowed by law. Residential property prices and rents in Dubai declined in the third quarter of 2020, over the same period a year ago, a quarterly report of the UAE central bank said. 5.4 Central Bank of The UAE may take the appropriate measures to protect the Website against any loss, abuse or change of information available on the Website, in which case the Central Bank shall not be liable for any damage caused to the user or any other person as a result of disclosure of confidential information shared through the Website. The Annual Report outlines the Bank’s activities and achievements for the previous year. Individuals providing information can be assured that information received will be evaluated and acted upon as necessary. ... tourism and transportation hub,” the bank’s quarterly review said. Residential property prices in Dubai declined by 0.9% on an average in the third quarter of 2020, while the rents fell by 6.9% for the same period. 600544440. Central Bank of The UAE may take the appropriate measures to protect website against any loss, abuse or change of information available on the website on the condition that Central Bank of The UAE shall not guarantee to maintain confidentiality of the website contents. This material is intended for information purposes only. 2.1 These Intellectual Property terms form part of the Central Bank of the UAE website general Terms and Conditions. We urge you to make sure that all communications are legitimate and NOT to send money to any unauthorized individuals or institutions. The Central Bank of the UAE, in its second-quarter report on the economy, had recently said the non-oil economy was projected to contract 4.5 per cent for 2020 as a whole due to the Covid-19 pandemic. All our emails use our email address: @ cbuae.gov.ae and we do not use any other variations (for e.g. Please notify us if the fraud involves a misuse of the CBUAE’s name or logo, or the name of any CBUAE employee, or a fake email address or emails purporting to be from the CBUAE. It also reviewed the following reports: Internal audit department's quarterly report (June 2015); external auditor's report on the Central Bank's financial statements as at June 30, 2015. The Central Bank of the United Arab Emirates (Arabic: ... RAD’s core activities include publishing high quality reports: the annual report and the quarterly economic review, in addition to weekly and monthly reports to Managers and the UAE leadership. In Person at our HQ offices – CBUAE Compliance Unit, In writing to Compliance Unit/ CBUAE PO Box 854, Abu Dhabi, UAE. Your Reason has been Reported to the admin. Nevertheless, uploading any pages within separate frameworks on another website is not permitted. Using the Website by any means for sending an e-mail, anything of it or on its behalf, by referring to it, or assuming the identity of its name involving offence or libel of Central Bank of The UAE, Website or any person whomsoever, announcing any untrue news or information and ascribing it to Central Bank of the UAE unlawfully. The UAE economy grew by 2.9 per cent in 2019 as compared to 1.7 per cent in the previous year, mainly driven by growth in the oil sector, the Central Bank said in its fourth-quarter report. By using this website, you approve and accept these Terms and Conditions for privacy. 5.2 The Website title shall not collect personal information about you when accessing the Website unless you choose specifically and willingly to provide such information to us. If you do that, we shall use such details only to process your application for obtaining information or services. 5.3 This Website and those in charge of the same shall follow comprehensive and strict information security policy. Whistleblowing plays a critical role in keeping our Institution honest, efficient and responsible. The CBUAE cannot and will not honor any commitments or promises made by fake employees, imposters or unauthorized individuals. Residential real estate prices in Dubai continued to fall but at a slower pace during the third quarter of 2020 as a result of oversupply and subdued demand, according to the UAE's Central Bank. The information provided is a compilation of internally developed data, and may also contain data obtained from publicly available sources or external entities. These fraudulent materials use the CBUAE’s name, logo and address, as well as names of our staff and management from time to time – all without CBUAE’s permission. The KYC platform will be launched in the first quarter of 2020. If you believe that you have been the victim of any fraud, please consider reporting it to your local law enforcement authority. If you would like to continue using our website after making such changes to such privacy policy, this means that you accept them. UAE’s economy projected to shrink 6% amid oil slump, COVID-19 The UAE’s GDP is estimated to shrink more than previously projected in 2020, the central bank said in its quarterly … Central Bank of The UAE shall reserve the right to make any minor or major change of privacy policy Terms and Conditions from time to time without any prior notice. Telephone Banking. Users should seek professional advice before relying on any information contained in this [publication/report]. DUBAI: Dubai property prices fell 0.9% year on year in the third quarter after they were little changed in the previous quarter, a UAE central bank report said. Moreover, the authorized staff may only access the personal identity information, where such staff pledged to maintain confidentiality of the information provided. Let's reshape it today, Hunt for the brightest engineers in India. You are using IE. First Abu Dhabi Bank PJSC, or FAB, the UAE's biggest bank and the Middle East and Africa's second-largest bank by assets, reported a 19.3% year-over-year drop in quarterly profit to 2.51 billion dirhams, … This [report/publication] has been prepared and published by the Research and Statistics Department (RSD) at the Central Bank of the UAE. Meanwhile, rents in Dubai continued to decline, decreasing by 6.9 percent Y … Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. The UAE is likely to see a V-shaped recovery this year, as the economy emerges from the impact of the COVID-19 pandemic, according to a report issued by First Abu Dhabi Bank (FAB) on Tuesday.. Pages of this Website shall be uploaded within the full window of the user or as a new one. Training in Islamic Finance 10-04-2011. Quarterly Review of the Central Bank of the UAE, UAE Monetary, Banking & Financial Markets Developments, Main Highlights of the UAE Banking Indicators. Gross domestic product in the Arab world’s second-largest economy is estimated to shrink about 6% in 2020, compared with a previous forecast for … These Terms and Conditions apply to all visitors and users of the Central Bank of the UAE website (the "Website"). The coronavirus pandemic has increased pressure on Dubai's property market, which for years has seen supply outstrip demand for new houses and apartments. Terms and conditions of privacy policy below shall be an integral part of conditions for using the website including its title and terms. ... IMF Report on the UAE 03-02-2010. 6.1 The CBUAE reserves the right to make changes to the Terms and Conditions, this Website and its contents without prior notice. Find ATM/Branch. 2.2 Unless otherwise stated, the Central Bank of the UAE owns the copyright and any other intellectual property rights in all material on this Website including text, … 1.1 Users shall not violate or attempt to violate the applicable procedures and regulations for protecting the Website including but not limited to the following: 1.2 Users who violate the rules of usage, or where there are reasons to believe that they have violated or breached such rules, may be stopped and /or prevented from using the Website.