Posted inBuilding Wealth in UAE
UAE Finance Basics: What You Need to Know
The Central Bank of the UAE regulates the banking and monetary system, overseeing a diverse sector of around 50 local and foreign banks, including commercial, investment, industrial, and Islamic banks. The country also hosts key financial free zones like DIFC and ADGM, and three major stock exchanges, with banks adhering to global standards like Basel III and offering advanced digital banking services[2][4][5].