Dh336.32b Central bank foreign currency balance
Recorded hike in foreign assets has resulted from the growing bank balances
Dh15 billion cheques bounce in UAE
That's the value of bad cheques intercepted in three months, but is the number still on the rise?
Reforms in mortgage rules can lift property
Relaxing loan to value ratios will make property ownership within the reach of many
UAE Free Zones handle exports worth Dh225.5b
Free-zones handle nearly a fifth of total UAE exports in 2017
Central Bank’s gold reserves to rise in 2018
The value of Bank’s gold bullion balance reached Dh1.17b at the end of February 2018, compared to Dh1.152b in December 2017
A case for a legal support system for cryptos
Until such an enforceable regulatory regime is in place, investors better go easy
UAE money exchangers told to raise standards
Rules include requiring exchange houses to appoint a compliance officer and to check identification of senders receivers of all money transfers
Thomson Reuters to be Eibor calculation agent
The initiative will enhance the governance process for setting Eibor
UAE businesses need to watch Fed moves
Interest rate spikes can prove a cost burden that will need careful handling
UAE grants amounted to Dh39b in 2017
44.8% increase in local and foreign grants provided from 2016
