ABU DHABI/WAM The Central Bank of the United Arab Emirates (CBUAE) and Mercury have announced ...
Read More »UAE banks’ international reserves hit AED404.3bn
Abu Dhabi / WAM The net international reserves in the UAE banking sector hit an all-time high of AED404.3 billion by the end of November, up 23.1 percent of AED76 billion from AED328.3 billion during the same month last year, according to central bank figures. The remarkable growth in net international reserves reflects the distinctive financial and economic status boasted ...
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