The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia9 hours ago
The statistical bulletin of the Central Bank said that foreign assets recorded an increase of Dh7.67 billion, to reach 11.71 billion, up 7.4 per cent from the previous figure, while domestic credit and investment went up 3.6 per cent to reach Dh203.79 billion. Cash and deposits with the Central Bank scaled up to Dh27.28 billion, an increase of 5.7 per cent.
On the liabilities side, government deposits were placed at Dh40.13 billion and quasi deposits at Dh142.34 billion, higher than the previous levels by 98. per cent and 6.4 per cent respectively.
Capital and reserves accounted for Dh44.46 billion, and monetary deposits for Dh44.48 billion.
Net domestic credit reached Dh152.23 billion for the quarter under review, against Dh148.78 billion for the previous quarter.
The total foreign assets of the banking sector went up to reach Dh167.24 billion while the total foreign liabilities dropped to Dh30.64 billion.
Money supply expanded 3.7 per cent to scale over Dh58.26 billion at the end of the last quarter.
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia9 hours ago
Dubai Police have asked drivers to be extra cautious
transport9 hours ago
The former all-rounder has returned to cricket during the past year after a horrific car crash at the end of 2022
cricket10 hours ago
Dubai Police have asked drivers to be extra cautious
emergencies10 hours ago
The country has set a new Guinness World Record by creating the largest falcon hood, beating the previous record of 1.65 metres
uae11 hours ago
Hamas' health ministry said that 94,616 people have been wounded since the conflict began on October 7
mena11 hours ago
In most Islamic countries, including the Gulf countries, the Prophet's birthday is observed on 12 Rabi’ Al-Awwal 1444
uae holidays12 hours ago
Traffic will be diverted to the opposite side during this period
transport13 hours ago