Term, savings deposits amount to AED768.3 billion in September
Central Bank UAE
Abu Dhabi - Arab Today
Term and savings deposits in both local and foreign currency in the UAE banks increased by around AED16 billion in September, amounting to a total of AED768.3 billion against AED752.3 billion in August, according to Central Bank figures.
Banking sectors analysts surveyed by WAM said the attractive interest rates provided by UAE banks have contributed to boosting saving sentiments among investors since the beginning of the year. Investors have found in deposits a safe haven for their businesses in comparison with other volatile investment vehicles, including trading.
The UAE Central Bank raised deposit interest rate to 1.5 percent following the US Federal Reserve's second interest hike in June.
Term and savings deposits amounted to AED751.4 billion by the end of 2016 and continued their rising streak during January 2017, slightly dropping during the following months, before rebounding in September to AED786.3 billion.
- Friday ,14 September GMT 22:49 2018 Tunisian President awards outgoing UAE Ambassador "First Class Order"
GMT 19:20 2018 Thursday ,04 October
Jordan Kingdom thanks GCC states for financial aid "Al-Maashar"GMT 11:21 2018 Friday ,21 September
President Khalifa appoints UAE ambassadors to foreign countriesGMT 05:23 2018 Thursday ,20 September
UAE, Bahrain discuss bilateral tiesGMT 19:41 2018 Sunday ,16 September
UAE Cabinet approves new rule for retired expatsGMT 22:49 2018 Friday ,14 September
Tunisian President awards outgoing UAE Ambassador "First Class Order"
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 21:38 2017 Monday ,30 October
Arab coalition to confronting Houthis
GMT 05:09 2017 Wednesday ,20 September
UK to take 130 more lone refugee children in DubsGMT 16:27 2011 Thursday ,07 July
More photos come up
GMT 10:49 2016 Monday ,19 September
Greek central banker denies rift with government
GMT 21:39 2017 Tuesday ,01 August
Moeen Ali takes hat-trick as England thrash S. Africa
GMT 04:51 2017 Saturday ,21 October
EU puts brakes on Macron's Google tax push
GMT 11:35 2017 Friday ,17 March
Bahrain Bourse daily trading report
GMT 16:33 2017 Tuesday ,05 December
Russia declares 9 US media outlets ‘foreign agents’
GMT 13:58 2016 Thursday ,11 August
Newspapers rethink paywalls as digital efforts sputter
GMT 20:38 2017 Friday ,24 February
20 terror suspects, including 4 women, arrested
GMT 09:05 2017 Friday ,27 January
Security in region most important for Poland, Latvia
GMT 14:16 2017 Tuesday ,31 October
Syria regime shelling kills 4 schoolchildren in besieged town
GMT 10:40 2017 Saturday ,29 April
Sudan condemns Paris' terrorist attack
GMT 08:33 2017 Tuesday ,21 November
Hezbollah denies sending arms to regional conflicts
GMT 23:14 2017 Tuesday ,02 May
Deputy premier meets Malaysian counterpart
GMT 10:45 2016 Monday ,25 July
Warner, Marvel wow Comic-Con
GMT 09:17 2017 Monday ,08 May
Macron marches to French presidency
GMT 10:08 2017 Monday ,09 January
Mexico arrests suspected attacker of US consular agent
GMT 10:45 2016 Wednesday ,21 September
Tesla fixes security in Model S after Chinese hack
GMT 18:13 2016 Tuesday ,09 August
Japan Demands China Withdraw Vessels from Waters around Senkakus
GMT 10:41 2017 Friday ,05 May
'Lobby money' behind fall of Philippine Chief
GMT 18:09 2018 Friday ,19 October
With smog season looming, govt shuts polluting brick kilns
GMT 15:34 2018 Thursday ,04 October
Bassem Youssef holds satire masterclass at Focus Academy in Dubai Media City
GMT 15:07 2018 Friday ,28 September
Boris Johnson demands UK PM May scrap her Brexit proposals
GMT 18:14 2014 Saturday ,11 October
EU announces further support for development of Afghanistan
GMT 07:56 2017 Friday ,31 March
President Al-Bashir Meets Somali President on Sidelines of Arab Summit
GMT 08:47 2018 Saturday ,20 January
After storm, trains resume limited service in Germany
GMT 14:22 2013 Friday ,11 October
American furniture
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor