The gold reserves of the Central Bank of the Emirates (CBUAE) reached more than AED 23 billion by the end of the third quarter of 2024. This represents a monthly increase of 5.3%, equivalent to AED 1.164 billion, and brings the bank’s total gold reserves to AED 23.185 billion, compared to AED 22.021 billion at the end of August.

The Central Bank of the United Arab Emirates (CBUAE) has announced by publishing a report that based on the latest value of transactions carried out in the banking sector within the country through the Emirates Funds Transfer System UAEFTS) has increased by 7.9 trillion dirhams.