UAE Banks Drive RMB Boom: 900B+ Yuan Cleared Since 2016
UAE banks have cleared over 900 billion yuan since 2016, fueled by growing China–UAE trade. First Abu Dhabi Bank joins AgBank in boosting RMB usage across the Gulf.
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UAE banks have cleared over 900 billion yuan since 2016, fueled by growing China–UAE trade. First Abu Dhabi Bank joins AgBank in boosting RMB usage across the Gulf.
At the Financial Street Forum 2025, the Chinese mainland unveils open, digital and sustainable finance plans—from UAE RMB clearing to dual-hub digital yuan tests.
Guess what? The Chinese yuan (RMB) has overtaken the Japanese yen to become the 4th most popular currency for global payments! Find out what this means for us in South and Southeast Asia 🌏