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AED54 billion in new 3-month deposits at UAE banks in 5 months

Cbuae cancels licence of first insurance brokers company

ABU DHABI/WAM UAE-based Banks attracted new “3-month” deposits worth more than AED54 billion during the first five months of this year, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that deposits in banks for three months recorded about AED659.01 billion at the end of May 2024 compared to AED604.99 billion in December ...

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India’s foreign exchange reserves rises $4.5 billion to reach $674.7 billion

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NEW DELHI/WAM India’s foreign exchange reserves increased by $4.546 billion, reaching $674.664 billion, just below their all-time high, during the week ending August 16, according to data released by the Reserve Bank of India (RBI) on Friday. Asian News International (ANI) reported that the previous record high was US$674.919 billion. The reserves have been fluctuating for some time. In 2024 ...

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OC Home Opens 5th Store in Dubai at City Centre Mirdif

Oc home opens 5th store in dubai at city centre mirdif

DUBAI/GULF TIME OC Home, a youthful, homegrown brand known for its blend of affordable and modern home décor, announces the grand opening of its 5th store in Dubai, located in the bustling City Centre Mirdif. To celebrate the event, customers are offered an irresistible 40% off on everything in-store until September 1st, 2024. This latest addition marks a significant milestone ...

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