ABU DHABI / WAM The total foreign currency assets held by the central bank of the UAE increased to circa AED371.6 billion ($101.17 billion) during in April this year, a growth of 1.6 percent from AED365.5 billion during the same month last year, as current account balances and deposits with foreign banks strengthened to AED331.75 billion from AED297.41 billion during the ...

Dubai / WAM Investment Corporation of Dubai (ICD) on Wednesday announced its consolidated financial results for the year ended December 31, 2019 having achieved revenues of AED228.0 billion and a net profit of AED25.0 billion. Net profit grew by 16.9 percent from the prior year to AED25.0 billion including a record contribution from banking and financial services and a strong ...

Abu Dhabi / WAM The UAE on Wednesday sent an aid plane carrying four metric tons of medical supplies to Gambia. The aid will assist approximately 4,000 medical professionals as they work to combat the Covid-19 pandemic. Commenting on the aid delivery, Omar AlMeheiri, Charge d’Affaires of the UAE Embassy in Senegal, said, “We are honoured to extend assistance to ...