AED 4.3 Trillion in Banking Transfers Over a Two-Month Period

In the first two months of 2026, the money transfer system managed by the Central Bank of the UAE recorded nearly 4.3 trillion dirhams in transactions. According to the transfer data, interbank transfers accounted for the largest share, representing 60% of total transfers in January, amounting to approximately 2.6 trillion dirhams.

On the other hand, individual transfers made up 40% of the total transfers during this period, with a value close to 1.7 trillion dirhams.

Furthermore, the Central Bank’s indicators revealed that the banking sector experienced around 3.8 million cleared transactions in these two months, with a cumulative value exceeding 244 billion dirhams.

Business

Similar news

Dubai Property Market Remains Resilient as Seven Key Drivers Support Growth Through 2026

Dubai's real estate market is expected to remain strong through 2026 as tourism, investor confidence, population growth and flexible financing sustain demand.

UAE enters final stage of summer as cooler season approaches

The UAE enters the final phase of summer as Al Kulaybin and Suhail signal a gradual seasonal transition, while hot weather is expected to continue through August.

Dubai Property Market Cools as New Housing Supply Expands

Dubai home prices and rents declined in Q2 2026 as new housing supply increased, with 32,000 additional homes expected to enter the market this year.

Dubai’s Property Market Gains Momentum as Buyers Prioritise Communities

Dubai's property market reached AED 252 billion in Q1 2026 as investors increasingly prioritise connected communities, long-term value and lifestyle-driven developments.