UAE Central Bank
بانک مرکزی امارات
Central bank (UAE)
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View Timeline →U.S. Economic Pressure on Iran; UAE Begins Inspection of 'Bank Misr' Branches
The UAE is inspecting branches of Bank Misr following the U.S. decision to restrict the bank's access to the U.S. financial system. This move is…
Egypt's Banque Misr and UAE Central Bank Respond to US Iran Sanctions
Egypt's Banque Misr is reviewing a notice regarding US sanctions on Iran, while the UAE central bank is conducting an urgent examination of the situation.…
UAE Threatens Shift to Yuan in Oil Trade, Pressures US for Financial Support
The UAE has indicated it may switch to using the Chinese yuan for oil trade, putting pressure on the US for financial support. This move…
US Central Bank Maintains Interest Rates Amid Oil Price Surge from Iran Conflict
The US central bank has decided to maintain interest rates amid rising oil prices triggered by the ongoing US-Israel conflict involving Iran. This situation creates…
Pezeshkian Officially Announced the Law to Remove Four Zeros from the National Currency
Masoud Pezeshkian has announced the implementation of a law to remove four zeros from Iran's national currency. This law has been debated for over two…
Head of Economic Security Police: Babak Zanjani Talks Too Much
Hosseini Rahimi criticized Babak Zanjani for making excessive comments about sensitive economic matters. Zanjani's remarks have raised concerns that may require judicial intervention. This situation…
Tehran Chamber of Commerce Health Economy Commission: Severe Drug Shortage Continues in the Last Quarter of the Year
The head of the Health Economy Commission in Tehran has reported that a severe drug shortage is persisting as the year comes to a close.…
Controversy Over Remarks That Were Not Meant to Be Broadcast; Bank Sepah Approaches the Fate of Bank Ayandeh
Sadegh Amoli Larijani's speech exposed serious issues within Iran's banking system, including corruption and impending bankruptcy of Bank Sepah. His own allegations of bribery add…
Advisor to the Minister of Agricultural Jihad: Currency Problems Disrupting Import of Essential Goods
Mohsen Salami highlighted that currency issues are hindering the import of essential goods in Iran. He urged the Central Bank to settle debts to restore…
Judiciary Defends Oil Tycoon Amid Central Bank Debt Claims, Highlighting Iran's Political Tensions
Iran's judiciary has defended a disgraced oil tycoon against claims from the central bank regarding unpaid debts following his conviction in a major corruption case.…
Iran Appoints New Central Bank Chief Amid Deepening Currency Crisis
Iran's president appointed Abdolnaser Hemmati as the new head of the central bank amid a worsening currency crisis. This leadership change reflects ongoing economic challenges…
2 Billion Toman Loan with 38 Million Monthly Installments for 20 Square Meters of Housing
A bank is planning to double housing loans to 2 billion tomans, but this would only allow the purchase of 20 square meters in Tehran,…
Minister of Economy: The 96% Tariff on iPhones 'Was Not Our Decision, It Will Be Revised'
The Iranian Minister of Economy announced that the controversial 96% tariff on iPhone imports was not a government decision and will likely be revised to…
Surge in Housing Prices in Tehran Approaches 90 Million Tomans per Square Meter
Housing prices in Tehran have surged to nearly 90 million tomans per square meter, with over half of the city's residents unable to afford it.…
A Newspaper's Account of Statistical Manipulation in Government; Central Bank and Statistical Center's Claims of a 24% Decrease in Inflation are Fabricated
An Iranian newspaper has criticized the government for manipulating inflation statistics, claiming that reported decreases are fabricated and do not reflect reality. Economic experts argue…
Secretary-General of 'Workers House': Inflation Will Exceed 50 Percent
Alireza Mohajoub, Secretary-General of 'Workers House', warns that inflation in Iran is set to exceed 50 percent due to high interest rates on bank deposits.…
Potential Challenge in Salary Payments; A Government Official: The Parliament's Resolution Requires 24 Trillion Tomans
The head of the Administrative and Recruitment Organization warns that a proposed 2% salary increase for government employees requires a substantial budget, potentially leading to…
The Preferred Currency Rate for Baby Formula Increases Sevenfold; Production May Stop in Coming Months
The preferred currency rate for baby formula in Iran has surged from 4,200 to 28,500 tomans, prompting warnings from producers that production may halt due…
Iran's Economy: Escaping Recession with Budgets Lacking Strength
The Iranian government's development budget for 1398 remains at 62 trillion tomans, unchanged from the previous year, raising concerns about its ability to stimulate economic…
The Impact of US Sanctions on Iranian Businesses in Dubai
US sanctions are significantly impacting Iranian businesses in Dubai, with many shops closing and traders facing difficulties in transactions. The volume of trade between Iran…