ABU DHABI / WAM The gold reserves of the Central Bank of the United Arab Emirates (CBUAE) surged by 34.8 during the first 10 months of 2024 reaching AED24.464 billion by the end of October 2024. This represents a month-on-month increase of 5.5%, or AED1.28 billion, bringing the total gold reserves to AED24.464 billion compared to AED23.185 billion at the ...

ABU DHABI / WAM Mohamed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development (ADFD), participated in the Water Development Financing Forum for the Middle East and North Africa (MENA), held at the Arab Fund for Economic and Social Development (AFESD) headquarters in Kuwait. Organised by the AFESD and the World Bank Group, the forum brought together MENA representatives, ...

ABU DHABI / WAM The Central Bank of the United Arab Emirates (CBUAE) has announced the issuance of silver coins to mark the bank’s Golden Jubilee. The CBUAE’s 50th anniversary silver coin embodies its achievements in developing the banking and financial sector over the past decades. This coin signifies its pivotal role in driving economic development, aligning with the wise ...