Browsing: CBUAE

ABU DHABI: The foreign assets of the UAE Central Bank (CBUAE) increased by 2.55 percent during April, reaching AED 750.29 billion at the end of the month, compared to AED 731.62 billion at the end of March.

The Central Bank of the United Arab Emirates (CBUAE) saw its balance sheet soar to touch AED734.61 billion at the end of January 2024, marking a significant surge in its financial strength. This impressive growth is revealed in the bank’s latest balance sheet report.

RIYADH: UAE Islamic banks saw their asset values rise to 703 billion dirhams ($191.4 billion) by the end of 2023 in what was an 11 percent annual increase, official data showed.