Abu Dhabi: The value of gold reserves of the Central Bank of the UAE (CBUAE) reached Dh19.615 billion by the end of March 2024, marking a year-on-year (YoY) growth of 12.6 per…
Tag: reserves
Video: Sharjah announces discovery of new gas reserves
Sharjah: The Sharjah Petroleum Council, a Government of Sharjah undertaking, has announced the discovery of new gas reserves in the Al Hadiba field, located north of the Al Sajaa Industrial Area in…
Aggregate capital, reserves of UAE-based banks increase to Dh500 billion by end of January 2024
On a monthly basis, capital and reserves increased by 1.7 per cent from Dh488.7 billion in December 2023, an increase of Dh8.1 billion. National banks accounted for 86.5 per cent of the…