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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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Abu Dhabi export unit value index increases 10.7%

Abu Dhabi / WAM The export unit value index in the emirate of Abu Dhabi was up 10.7 percent to 88.3 percent during Q3, against 79.8 percent during the same period in 2017, according to Statistics Centre — Abu Dhabi (SCAD). In the meantime, the import unit value index declined 4.8 percent to 106.3 from July through September 2018 from ...

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Emiratis to account for 44% in internal auditing in coming years

DUBAI / WAM The representation of UAE nationals, both males and females, in the UAE Internal Auditors Association (UAE IAA), will be 44 percent in the coming years, according to its chairman. “Emiratis to account for 44 percent in internal auditing in the coming years,” Abdulqader Obaid Ali said at an honouring ceremony for graduates of the 8th batch of ...

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