Central Bank's foreign currency assets up to AED322.4 billion in May
UAE Central Bank
Abu Dhabi - WAM
The UAE Central Bank's foreign currency assets increased 1.5 percent to AED322.4 billion during the month of May from AED317.44 billion in April, according to statistics released Tuesday by the bank.
The surge is attributable to the rise in UAE banking balances and deposits overseas from AED147.85 billion in December to AED215.66 billion by the end of May.
In the meantime, foreign securities held at the bank until their maturity date during the same period continued to depreciate from AED149.34 billion to AED101.46, with other foreign assets following suit from AED13.72 billion to AED5.29 billion by the end of May.
The bank's total assets in May amounted to AED382.1 from AED364.45 in December 2016.
As per the CB statistics, deposits increased to AED95.1 billion during the month of May, while investment portfolios held until their maturity date fell to AED150.62 billion, loans and debts down to AED3.2 billion and other assets to AED2.61 billion.
Source: WAM
GMT 19:30 2018 Wednesday ,03 January
EU launches last crisis-battling finance reformGMT 17:13 2017 Thursday ,14 December
South Korea bans its banks from dealing in BitcoinGMT 19:16 2017 Monday ,11 December
Britain’s smaller banks jostle for business banking grantsGMT 19:31 2017 Sunday ,10 December
Britain’s smaller banks jostle for business banking grantsGMT 17:28 2017 Thursday ,07 December
India's central bank holds rates at seven-year lowGMT 17:55 2017 Sunday ,03 December
Saudi banks prepare for riyal coinsGMT 15:10 2017 Wednesday ,29 November
Societe Generale shares climb after cost-cutting planGMT 19:22 2017 Friday ,17 November
Deutsche Boerse taps top banker as new CEO
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens moreGMT 10:46 2018 Tuesday ,16 January
The Rake announces editorial updatesGMT 11:51 2018 Tuesday ,23 January
Europe brings on charm and blue skiesGMT 10:46 2017 Tuesday ,19 December
For the Variety of Interior Design StylesGMT 13:44 2018 Monday ,22 January
US Christian tourists see deep meaningGMT 10:03 2018 Tuesday ,23 January
Amazon to open first cashierless shop
GMT 18:41 2018 Sunday ,21 January
Jordan urges Pence to rebuild trust after Jerusalem pivot
GMT 15:17 2017 Thursday ,06 July
Libya’s Haftar declares liberation of Benghzi from extremists
GMT 10:35 2014 Wednesday ,09 July
Award-winning radio hosts Sam and Amy land Radio 2 slots
GMT 11:11 2016 Thursday ,28 July
Brazil fines Facebook $11.6m over WhatsApp standoff
GMT 11:41 2016 Monday ,11 April
Real Madrid look for special nigth in Bernabeu against WolfsburgGMT 14:23 2011 Wednesday ,22 June
India food subsidy law \'to cost $22 bn\'
GMT 07:27 2014 Friday ,04 April
Soap opera helps heal post-genocide wounds in Rwanda
GMT 11:51 2016 Tuesday ,02 August
Tesla reaches $2.6bn deal to buy SolarCity
GMT 00:09 2014 Monday ,20 October
Russia needs Chinese experience in economic development
GMT 14:17 2017 Sunday ,16 July
Macron assures Israel of France's 'vigilance' on Iran nuclear pact
GMT 13:54 2014 Thursday ,06 March
IFHC announces hatching of its first captive-bred Asian Houbara chick of the season
GMT 21:47 2017 Tuesday ,18 July
Nolan got personal to summon his miracle of 'Dunkirk'
GMT 11:46 2017 Wednesday ,10 May
Yummy Mummy show debuts in Abu Dhabi
GMT 13:14 2017 Sunday ,20 August
Top artists showcase work at Bait Al Zubair
GMT 09:19 2017 Tuesday ,31 October
China agency denies dead model
GMT 12:03 2017 Wednesday ,27 September
Trump advisor Stone ridicules Russia probe ahead of testimonyGMT 13:40 2011 Sunday ,05 June
Abu Dhabi crown prince meets Syrian foreign minister
GMT 06:02 2017 Monday ,08 May
Man wins Paris holiday at Dubai Opera
GMT 06:40 2017 Monday ,16 January
with Eye-catching Wall Decorative Elements by Rebecca Mitchell
GMT 11:57 2017 Wednesday ,12 April
Hamadeh in Brussels discusses means to support Lebanese educational sector
GMT 18:11 2017 Monday ,16 October
OPI names Tom Bachik as Global Nail Ambassador
GMT 11:46 2017 Saturday ,11 February
A breath of fresh air: Chinese on smog avoidance travel packages
GMT 21:55 2016 Tuesday ,11 October
ILO official to MENA: We work with Egypt to reduce negative impacts of illegal immigration
GMT 01:33 2017 Sunday ,12 February
MBRSC and AUS announce launch of Nayif
GMT 22:18 2011 Thursday ,01 September
IBM buying Algorithmics for $387 million
GMT 16:42 2016 Monday ,07 March
Croatians enjoy free eye checks in World Glaucoma Week
GMT 03:55 2016 Saturday ,09 April
Denmark men's handball team beats Croatia in Olympic qualifier
GMT 12:29 2014 Thursday ,05 June
Gwinnett Business RadioX spotlights Byteworks
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor