Cash flow increases by AED5.1 billion in H1
Cash flow increases by AED5.1 billion in H1
Abu Dhabi - Musimchronicle
The cash flow circulating on the UAE market by UAE nationals and residents, including individuals and corporations alike, gained AED5.1 billion during H1 2017, bringing to AED67.4 billion the money supply circulating outside the banking sector by the end of June, according to UAE Central Bank statistics.
On a YOY basis, the liquidity available outside banks increased 4.7 percent from June 2016 through June 2017, translating a growing demand for cash to meet basic needs.
An analysis conducted by WAM showed that the monthly level of money supply outside banks significantly increased by the end of 2016 until March 2017 from AED62.3 billion to AED65.4 billion.
From April through May 2017, the cash flow was up by AED2 billion, from AED65.2 billion to AED67.2 billion, and kept its rising streak to hit AED67.4 billion by the end of June.
According to UAE Central Bank statistics, the outside-bank liquidity accounted for 13.3 percent of the money supply by end of June.
- Monday ,13 November GMT 12:40 2017 Nahyan bin Mubarak inaugurates Tolerance in UAE workshop at NYUAD
- Monday ,13 November GMT 12:33 2017 IEMAC hosts panel on arbitration for offshore oil and gas at ADIPEC
GMT 13:22 2017 Monday ,13 November
Hazza bin Zayed opens ADIPEC 2017GMT 13:11 2017 Monday ,13 November
ADFD allots US$45 million grant to ColombiaGMT 13:06 2017 Monday ,13 November
Thuraya displays Satcom offerings at ADIPEC 2017GMT 12:40 2017 Monday ,13 November
Nahyan bin Mubarak inaugurates Tolerance in UAE workshop at NYUADGMT 12:33 2017 Monday ,13 November
IEMAC hosts panel on arbitration for offshore oil and gas at ADIPEC
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
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 his
GMT 13:24 2017 Tuesday ,24 October
General Motors reports $3 bn loss in 3Q due to Opel sale charge
GMT 17:53 2016 Wednesday ,27 January
England, South Africa have work aheadGMT 08:28 2011 Thursday ,06 October
Anderson to host Sinatra-themed benefit
GMT 14:55 2017 Wednesday ,15 March
Coach stresses difficulty against Bidvest
GMT 14:00 2017 Wednesday ,18 October
Afaf Sherif Crowned Winner of Arab Reading Challenge
GMT 09:29 2017 Monday ,06 March
Getting humans to Mars and back will be a marathon
GMT 07:14 2017 Saturday ,07 October
US to sell $15 bn THAAD missile defense
GMT 04:51 2017 Thursday ,09 February
Elton John pays tribute to ‘kindest, most generous man’
GMT 15:23 2017 Tuesday ,28 February
IOF arrest 18 Palestinians during night raids
GMT 15:46 2013 Friday ,27 December
Rubaie recalls Saddam Hussein\'s end
GMT 09:02 2017 Tuesday ,07 February
'Art has no borders, no color, no creed'
GMT 22:26 2017 Saturday ,25 February
Shaikh Mohammad Bin Rashid approves Dh1-billion road project
GMT 14:40 2017 Wednesday ,12 April
At least 2 killed as dinghy carrying immigrants capsizes in Mediterranean
GMT 20:10 2017 Tuesday ,24 October
Jordan’s King Abdallah receives Moqtada Sadr
GMT 00:16 2017 Monday ,23 October
US Treasury secretary leads Middle East trip focused on combatting terror financing
GMT 06:38 2017 Sunday ,13 August
Saif bin Zayed honours family of martyr Jassim Al Balushi
GMT 07:28 2017 Wednesday ,09 August
Up to 100 feared dead, thousands injured in China quake
GMT 06:04 2018 Friday ,19 January
Pope focuses on migrants at final Chile mass
GMT 07:55 2017 Friday ,14 April
Huge US bomb kills dozens of IS militants: Afghan officials
GMT 03:08 2014 Monday ,26 May
Celebrities at national festival of Diwan music in Bechar
GMT 08:01 2017 Tuesday ,04 April
HM the King offers condolences to Russian PresidentGMT 00:01 2012 Sunday ,01 January
Melanie Griffith in Oversized Flower
GMT 12:08 2018 Friday ,12 January
Germany to cap refugee arrivals at about 200,000 per year: coalition paper
GMT 21:50 2017 Wednesday ,08 March
Brazil's worst-ever recession unexpectedly deepens in late 2016
GMT 14:15 2018 Thursday ,11 January
Award-winning Pakistani journalist
GMT 08:39 2018 Thursday ,11 January
Aston Martin targets London float
GMT 22:31 2014 Thursday ,18 December
Al-Babtain Library marks World Arabic Language Day
GMT 16:29 2016 Friday ,22 January
Antiquities minister, US ambassador to inaugurate tourist landmarks
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 ©
