Some analysts caution against buying at peak prices
uae1 hour ago
The total number of cheques presented for clearing through the ICCS increased to 7.46 million in the 1st quarter of 2013 compared to 7.35 million in the 4th quarter of 2012, i.e. an increase of 1.5%, the apex bank said in a press release.
The total value of cheques increased to AED 320.87 billion in the 1st quarter of 2013, compared to AED 299.31 billion in the 4th quarter of 2012, i.e. an increase of 6.72%.
Despite the increase in total number of cheques presented for clearing, the percentage of returned cheques has decreased to 4.7% in the 1st quarter of 2013 compared to 5.06% in the 4th quarter of 2012.
Similarly, the percentage of the value of returned cheques has also decreased to 3.27% in the 1st quarter of 2013 compared to 3.83% in the 4th quarter of 2012.
Some analysts caution against buying at peak prices
uae1 hour ago
While the LDP's seats as projected by NHK tumbled to 191 from 259 seats at the last election, the CDP's tally soared to 148 from 96
asia1 hour ago
Temperatures will drop to a low of 17°C in the mountains
weather1 hour ago
The accident took place in the direction heading to Abu Dhabi
uae1 hour ago
Those crossing in undesignated areas will be punished with not less than Dh10,000 fine and imprisonment for a period of not less than 3 months
transport3 hours ago
Stunningly green reserve remains closed to general public, but exclusive guided events are hosted under ‘Leaders of Change’ programme
uae attractions3 hours ago
On September 1, the UAE announced a two-month long amnesty which gave hopes to thousands of people who have been living illegally in the country
uae3 hours ago
The minimum application size for first tranche subscribers is Dh5,000 with any additional application to be made in increments of Dh1,000
business3 hours ago