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 09:47 2017 Sunday ,26 March
South Sudan rebel movement hit by fresh defections
GMT 03:23 2017 Monday ,17 April
Oman to take part in Rabat meeting
GMT 07:20 2016 Sunday ,19 June
Prices rise in Sana'a and worsening water crisis in Taiz
GMT 09:46 2015 Friday ,20 March
Magical views from top of the world for solar eclipse
GMT 14:43 2017 Tuesday ,03 October
EU parliament to denounce lack of progress on Brexit
GMT 19:07 2017 Sunday ,22 October
Taliban strikes on Afghan bases a ‘show of strength’
GMT 02:12 2017 Wednesday ,27 December
Lactalis Baby Milk Contamination
GMT 04:34 2017 Thursday ,21 December
Royal row as body of king who aided Mussolini returns
GMT 02:53 2016 Sunday ,03 July
Defending champ Henderson leads LPGA Portland Classic
GMT 22:33 2017 Sunday ,02 July
China's launch of second heavy-lift carrier rocket fails
GMT 04:56 2017 Friday ,10 November
9-year-old British boy ‘pledged support for Daesh after watching terror videos’
GMT 02:13 2017 Tuesday ,03 October
China's president Xi congratulates Trump on winning US presidency
GMT 01:48 2017 Wednesday ,22 November
ERC provides aid relief in Hadramaut districts
GMT 09:06 2017 Thursday ,09 March
Digital publishing pays off for Axel Springer
GMT 13:03 2016 Wednesday ,21 December
Fila partners with Mountain dews green label exclusives
GMT 05:54 2017 Saturday ,08 July
Japan to raise crude storage capacity for Saudi Aramco
GMT 11:43 2017 Sunday ,21 May
Hamada Helal almost finishes filming “Jackpot”
GMT 09:15 2017 Thursday ,09 November
Government Treasury Bills issue 1677 fully subscribed
GMT 09:59 2017 Friday ,06 January
Transfer of Guantanamo Bay inmates continues
GMT 09:20 2017 Thursday ,31 August
Minister meets non-oil company heads
GMT 16:20 2017 Wednesday ,29 November
OIC condemns terrorist bombing of oil pipeline in Bahrain
GMT 07:02 2017 Saturday ,23 September
Air China suspends BeijingPyongyang flights starting Monday
GMT 15:00 2017 Saturday ,21 October
migrants 'only chance' for cultural revival
GMT 20:06 2018 Monday ,22 October
"Burning" wins best picture at Daejong Film Awards
GMT 07:48 2016 Wednesday ,18 May
Algeria, Serbia vow to boost economic partnership
GMT 19:37 2014 Wednesday ,09 July
Paleontologists unearth fossils of tapir and world's smallest hedgehog
GMT 16:47 2016 Sunday ,22 May
international coalition forces carry out 17 airstrikes against Daesh in Syria, Iraq
GMT 08:15 2018 Sunday ,14 January
Liam Neeson says 'witch hunt' in Hollywood
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