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UAE cbank foreign assets hit $89bn in MayForeign assets of the UAE Central Bank (CBUAE) rose to Dh326.6 billion ($88.9 billion) in May 2018 from Dh326.4 billion in April, according to latest statistics issued by the apex bank. "Balances and deposits with banks abroa More… |
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Saudi cbank foreign assets shrink $6bn in AprilForeign assets at Saudi Arabia's central bank shrank $6 billion in April as it liquidated some financial holdings to cover a big state budget deficit caused by low oil prices, official data showed on Sunday. Net foreign assets More… |
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Saudi cbank foreign assets drop 1.9pc in NovNet foreign assets at Saudi Arabia's central bank fell 1.9 per cent in November from the previous month to SR2.356 trillion ($628 billion) as the government liquidated assets to cover a huge budget deficit caused by low oil prices. More… |
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Saudi foreign asset drawdown continuesNet foreign assets at Saudi Arabia's central bank fell 1.2 per cent from the previous month in September to SR2.426 trillion ($647 billion), their lowest level since November 2012, official data showed on Thursday. The central More… |
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Saudi foreign assets fall $6.6bn on move to cover deficitNet foreign assets at Saudi Arabia's central bank fell by $6.6 billion in August as the kingdom liquidated assets to cover a budget gap caused by cheap oil, official data showed on Monday. The central bank, which serves as the More… |
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Saudi central bank's net foreign assets down 1.7pcThe net foreign assets at Saudi Arabia's central bank fell to SR2.546 trillion ($678.8 billion) in April, down by $11.8 billion or 1.7 per cent from the previous month as the kingdom drew on its reserves to cover a budget deficit caused by l More… |
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Abu Dhabi's assets will buffer impact of oil price dropWhile the drop in oil prices will likely cause Abu Dhabi's economic growth to slow in 2015 and put an end to four consecutive years of double-digit fiscal surpluses, the emirate's sizeable stock of foreign assets will help cushion the im More… |
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Saudi net foreign asset soars to record $713bnSaudi Arabia's net foreign assets hit a record high of SR2.676 trillion ($713 billion) in November, according to the data released by the kingdom's central bank. The M3 money supply growth re More… |
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Qatar Petroleum plans global expansion driveQatar Petroleum (QP), the world's largest liquefied natural gas (LNG) exporter and main source of Qatar's huge wealth, plans to expand internationally, the Gulf state's energy minister said on Thursday. QP businesses a More… |
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Saudi foreign assets hit $682bn in JulySaudi Arabia’s foreign assets surged to a record high of SR2.56 trillion ($682 billion) in July as a result of robust oil revenues and possibly a higher return on Saudi Arabian Monetary Agency's investments, according to a report. More… |
