Central Bank of the UAE has reassured residents and businesses that the country’s financial system remains strong, stable and fully operational despite rising geopolitical tensions across the region.
The regulator said banks, financial institutions and insurance companies across the UAE continue to operate normally, delivering services to customers without disruption.
Khaled Mohamed Balama said the sector remains resilient and well-positioned to navigate evolving regional developments.
“The UAE’s banking and financial sector continues to demonstrate the highest levels of resilience and stability,” he said.
Strong foundations of the financial sector
According to the central bank, the sector is built on strong governance frameworks, diversified institutions and proactive risk management systems designed to respond quickly to regional and global economic shifts.
Balama noted that the regulator has played a key role in strengthening the country’s financial stability and global reputation.
Strong capital and liquidity buffers
Financial indicators show that the UAE banking sector is entering the current period of regional uncertainty from a position of strength.
Capital adequacy ratio: around 17%
Liquidity Coverage Ratio: above 146.6%
Both indicators remain well above international regulatory requirements, reflecting strong financial buffers across the sector.
Total assets in the UAE banking system have also grown significantly, exceeding Dh5.42 trillion, highlighting the scale and stability of financial institutions operating in the country.
These strong capital and liquidity levels help banks absorb economic shocks and maintain lending activity even during periods of uncertainty.
The Central Bank also confirmed that banking infrastructure, digital platforms and payment networks continue to operate smoothly across the country.
“I reaffirm that the UAE’s banking systems, payment systems and national financial infrastructure continue to operate with full efficiency and stability,” Balama said.
Continuous monitoring and preparedness
Authorities said the financial sector remains under close monitoring, with ongoing coordination between the central bank, financial institutions and government entities.
Banks in the UAE operate under regulatory frameworks that require continuous risk monitoring, stress testing and business continuity planning aligned with international best practices.
The Central Bank said it maintains a wide range of monetary and prudential policy tools to support financial stability when needed.
Balama reaffirmed the regulator’s commitment to safeguarding the sector’s stability and supporting the UAE’s long-term economic growth.
“I reaffirm the Central Bank of the UAE’s unwavering commitment to closely monitor developments, maintain full operational readiness and provide the necessary support to safeguard the achievements realised over more than five decades of progress and prosperity,” he said.
With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.
UAE motorists will pay more at the pump from Saturday after the UAE Fuel Price Committee announced higher petrol and diesel prices for August 2026.
The revised rates, which take effect from August 1, are:
Super 98: Dh3.60 per litre (up from Dh3.40)
Special 95: Dh3.49 per litre (up from Dh3.29)
E-Plus 91: Dh3.41 per litre (up from Dh3.21)
Diesel: Dh3.80 per litre (up from Dh3.60)
The increase reverses July’s price reduction and comes after volatility in global oil markets during the past month.
The UAE Fuel Price Committee reviews retail fuel prices at the end of each month, with rates determined in line with movements in international oil markets.
The new prices will remain in effect throughout August 2026.
Online shopping with the UAE’s Jaywan card just got a major upgrade.
Network International has announced that Jaywan cardholders can now use their cards to pay on thousands of online stores connected to its payment gateway, expanding the domestic payment scheme beyond in-store purchases.
The move is expected to make online payments faster and more convenient while supporting the UAE’s push towards a cashless economy.
What is Jaywan?
Launched by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, Jaywan is the country’s domestic payment card scheme.
It was introduced to provide a secure local payment option, reduce transaction costs and strengthen the UAE’s digital payments ecosystem.
Until now, Jaywan cards were mainly accepted for in-store purchases. With the latest expansion, cardholders can also use them for online shopping across thousands of merchants powered by Network International.
What this means for shoppers
For UAE residents, the update means more flexibility when shopping online.
Whether you’re ordering groceries, booking services or buying products online, you’ll be able to use your Jaywan card anywhere that supports Network International’s payment gateway.
The company says the integration offers secure, fast and seamless online payments, while merchants won’t face additional charges for Jaywan transactions processed through its platform.
A step towards a cashless UAE
The expansion is part of the UAE’s broader strategy to accelerate digital payments and reduce reliance on cash.
By making Jaywan available both in stores and online, payment providers are helping create a more connected digital payment ecosystem for businesses and consumers alike.
As more banks, merchants and payment providers adopt the scheme, residents can expect to see Jaywan accepted across even more everyday payment services in the future.
Dubai offers a wide range of residential communities, whether you’re looking for a family-friendly neighbourhood, a vibrant city lifestyle or an affordable apartment with good transport links.
From waterfront towers to suburban communities with parks and schools, here’s a guide to some of the most preferred places to rent an apartment in Dubai for the long term.
Dubai Hills Estate: Family-friendlyenvironment
Dubai Hills Estate has become one of the city’s most sought-after residential communities thanks to its green spaces, modern infrastructure and family-friendly environment.
Why renters choose Dubai Hills Estate
Spacious apartments and villas.
Parks, walking trails and playgrounds.
Reputable international schools nearby.
Dubai Hills Mall and healthcare facilities.
Peaceful surroundings with easy access to major roads.
It’s particularly popular with expat families looking for long-term stability and a high quality of life.
Business Bay: Best for professionals
Business Bay remains one of Dubai’s top rental hotspots for professionals working in the city’s commercial districts.
Why live in Business Bay?
Minutes from Downtown Dubai.
Excellent access to Sheikh Zayed Road and Dubai Metro.
Modern high-rise apartments.
Restaurants, cafés and nightlife.
Popular with young professionals, entrepreneurs and digital nomads.
Its central location makes commuting convenient while offering an energetic urban lifestyle.
Downtown Dubai: If you want city living
If you want to live in the heart of Dubai, Downtown Dubai offers premium apartments surrounded by iconic attractions.
Highlights include:
Walking distance to Dubai Mall and Burj Khalifa.
Luxury residential towers.
Excellent dining and entertainment.
Strong public transport connectivity.
Vibrant lifestyle throughout the year.
Downtown is ideal for residents who enjoy living close to business, shopping and leisure destinations.
Dubai Marina: Home with a view
Dubai Marina remains one of the emirate’s most popular neighbourhoods for long-term renters.
Why choose Dubai Marina?
Waterfront lifestyle.
Dubai Metro and Tram connectivity.
Wide selection of cafés and restaurants.
Marina Walk and beach access.
Modern apartments with premium amenities.
The area appeals to professionals and couples seeking convenience and an active social scene.
Jumeirah Village Circle (JVC): Value for money
JVC has grown into one of Dubai’s fastest-expanding residential communities.
Residents enjoy:
More affordable rents than many central areas.
Parks and landscaped streets.
Family-friendly atmosphere.
Schools, supermarkets and fitness centres.
New apartment developments with modern facilities.
It offers a balance between affordability and quality of life.
Dubai Silicon Oasis: Affordable living
Dubai Silicon Oasis is a popular choice for professionals, students and families looking for value.
Key advantages include:
Competitive rental prices.
Technology and business hub.
Schools, clinics and shopping centres.
Easy access to Sheikh Mohammed Bin Zayed Road.
Many buildings offer chiller-free apartments, helping reduce monthly utility costs.
The community combines residential, commercial and leisure facilities in one location.
International City: For budget renters
International City remains one of Dubai’s most affordable apartment markets.
Why it’s popular
Low rental prices.
Wide choice of studio and one-bedroom apartments.
Restaurants and supermarkets nearby.
Schools and healthcare facilities.
Convenient access to major roads.
It’s well suited to first-time renters, singles and those looking to keep housing costs low.
Al Barsha: Convenience for all
Al Barsha offers a central location without the premium prices found in Downtown Dubai.
Benefits include:
Close to Mall of the Emirates.
Good Metro connectivity.
Schools and healthcare facilities.
Wide range of apartment options.
Established residential community.
It remains a practical choice for families and working professionals alike.
What to consider before renting
Before signing a tenancy contract, consider:
Your monthly rental budget.
Distance to work or school.
Public transport and road access.
Nearby supermarkets, healthcare and schools.
Building amenities such as gyms, swimming pools and parking.
Utility costs, including whether the apartment is chiller-free.
Payment terms, as many landlords require rent in one to four cheques.
Which area is right for you?
Your ideal location depends on your lifestyle and priorities.
Best for families: Dubai Hills Estate, JVC
Best for professionals: Business Bay, Downtown Dubai, Dubai Marina
Best for affordable living: Dubai Silicon Oasis, International City, Al Barsha
With communities to suit every budget and lifestyle, Dubai continues to offer long-term renters a wide variety of options across the city.