The Central Bank of the Emirates (CBUAE) published a report stating that the total gross assets of banks, including bank acceptances, increased by 0.5 percent from AED 4,287.0 billion at the end of May 2024 to AED 4,310.2 billion at the end of June 2024.
The Emirates Development Bank (EDB), a key financial engine of economic development and industrial progress in the UAE, has announced the launch of its in-house AI Wave program.
The Central Bank of the United Arab Emirates (CBUAE) announced by publishing statistics that the total capital and reserves of active banks in the UAE reached 476.6 billion dirhams at the end of March 2024.