The Central Bank of the UAE (CBUAE) revealed that gross banks’ assets, including bankers’ acceptances, increased by 1.3% from AED 4.4 trillion at the end of September 2024, exceeding AED 4.456 trillion by the end of October 2024.

Total M1 money supply increased by 0.6 percent from 884.1 billion dirhams at the end of June 2024 to 889.3 billion dirhams at the end of July 2024, the UAE Central Bank said.