The deposits and current balances increased to around Dhs192 billion in December 2020 against Dhs150.93 billion in November.
The Central Bank of the UAE (CBUAE) has predicted a strong return to growth in Gross Domestic Product (GDP) for the UAE in 2021, noting the government continues to diversify the economy,
The value of gold reserves of the Central Bank of the UAE (CBUAE) in April 2021 rose to Dhs11.56 billion, a growth of 6.8 per cent or Dhs743 million, compared to Dhs10.817 billion in March 2021.
The foreign exchange and remittance sector witnessed a global drop in 2020 due to mobility restrictions and other limitations enforced to combat COVID-19 pandemic.
The Central Bank of the UAE (CBUAE) has launched a new whistleblowing portal, an encrypted channel that allows internal and external stakeholders to anonymously raise any concern related to misconduct or policy violations by CBUAE
International Monetary Fund (IMF) Managing Director Kristalina Georgieva flagged rising inflationary pressures and China’s economic slowdown as risks to Asia’s economic outlook,
The Middle East market for security, safety, and fire protection is on track for double-digit growth over the next four years, as regional governments and the private sector look for improved technologies
US job growth was likely the smallest in nearly two years in November as mounting worries of a recession cooled demand for labour, which could give the Federal Reserve confidence