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    ZAR
  • 5.1585
  • 0.0015
    0.029%
  • Bid:
    2.7725
  • Ask:
    2.7754
  • High:
    5.2024
  • Low:
    5.1484
  • 52wk High:
    5.4230
  • 52wk Low:
    4.7429
  • 20:21
    Mar, 28
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Currency News

United Arab Emirates: The UAE Anti Fraud Law

15 Mar 2018 08:30Mondaq News Alerts
The Old Anti-Fraud Law provided for a maximum penalty of jail term for two years and a maximum fine of AED10,000 (UAE Dirham ten thousand) for cheating a customer by delivering goods that are different to what was ordered. In contrast, Article 12 under ... more

United Arab Emirates: Guidelines On UAE Insolvency Law

02 Mar 2018 04:07Mondaq News Alerts
Throughout the United Arab Emirates ("UAE"), a common frustration exists with insolvencies due to its time-consuming nature and significantly low recovery rates, which stemmed from the outdated governance of insolvency under Volume 5 of the Federal Law ... more

India, UAE sign currency swap agreement, to directly trade in dirham, rupee

15 Feb 2018 06:00The Dollar Business
India and the United Arab Emirates (UAE) have signed a currency swap agreement that will enable businesses from both the nations to directly trade in each other's currency, bypassing the US Dollar or any other international currency. more

Take note: What's that landmark on UAE money?

14 Feb 2018 04:52gulfnews.com
Dh100, Dh50, Dh10 - you have probably used UAE's currency notes hundreds of times, without taking note (pun intended) of the many monuments inscribed on the paper money. more

Governor says UAE will keep dirham tied to US dollar

30 Jan 2018 09:00gulfnews.com
UAE Government will keep the dirham tied to the US dollar, Mubarak Rashid Al Mansouri, the Central Bank Governor, told the Federal National Council yesterday. more

This Indian expat wins Dubai raffle jackpot worth Dh 12 mn, turns multi ...

07 Jan 2018 03:22Financial Express
Harikrishnan V Nair's luck took a spectacular turn as he won the Dubai raffle draw and hit the jackpot of 12 million United Arab Emirates dirham! It will be safe to say that the New Year is indeed happy for this Indian in UAE. AED 12 million will is ... more

Bank of China in financing agreement with UAE industrial zone

13 Dec 2017 04:04Reuters
The United Arab Emirates sits between the two strands of the initiative, an overland route connecting Europe and the Middle East to China and a maritime route connecting China, South East Asia, India and Africa. more

The Irishman fronting the UAE's biggest IPO in a decade

13 Dec 2017 01:18Irish Times
Irishman John Carey is fronting the biggest initial public offering (IPO) in the United Arab Emirates in over a decade in a deal worth 3.31 billion dirhams (€767 million). Carey, who worked for 17 years at oil giant BP in senior roles around the globe ... more
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