21 Sep, 2026

CentralBankUAE

UAE Steps into a Cashless Era with First Digital Dirham Transfer

12 Nov, 2025 4 mins read 502 views

The UAE has taken a major leap toward a digital future by completing its first government transaction using the Digital Dirham — a central bank–issued digital currency. The move marks the start of a new era in financial efficiency, transparency, and innovation across the nation’s economy.

UAE Updates

Cheaper UAE Loans Soon: Central Bank Cuts Benchmark Rate to 4.15%

18 Sep, 2025 4 mins read 591 views

The UAE Central Bank has lowered its benchmark interest rate, a decision expected to make loans, mortgages, and business financing cheaper across the country. The move, which follows the U.S. Federal Reserve’s rate cut, is aimed at easing borrowing costs, stimulating consumer spending, and supporting key sectors such as real estate and small-to-medium enterprises.