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Aggregate capital, reserves of UAE banks hit $129.8bnThe aggregate capital and reserves of banks operating in the UAE reached AED476.6 billion ($129.8 billion) at the end of March 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE). More… |
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UAE banks' aggregate capital, reserves hit $129.7bn in MarchThe aggregate capital and reserves of banks operating in the UAE reached AED476.6 billion ($129.7 billion) at the end of March 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE). More… |
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UAE banking sector set for continued growth in 2024The UAE banking sector continued its growth momentum in 2023, and is poised for further growth and recovery in 2024, thanks to the Central Bank of the UAE's (CBUAE) strategies and policies that maintained a stable and efficient banking and f More… |
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UAE banks’ aggregate capital and reserves up 8.5pcAggregate capital and reserves of banks operating in the UAE increased by 8.5% (y-o-y) to AED438.6 billion ($119.43 billion) at the end of January 2023 from AED404.3 billion at the end of January 2022. This is More… |
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DNO logs 321 mmboe of reserves, 34 mmboe output in 2021DNO ASA, the Norwegian oil and gas operator, has recorded 321 million barrels of oil equivalent (mmboe) of net proven and probable (2P) reserves in 2021 and production of 34 mmboe during the year. The com More… |
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Opec's crude oil reserves hit 1.23 trillion barrels in 2020Organisation of the Petroleum Exporting Countries (Opec) said the proven crude oil reserves in the bloc's member countries increased by 0.3 per cent to 1.237 trillion barrels at the end of 2020, following a firm increase its previous year. More… |
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DNO replaces 87pc of outputDNO ASA, the Norwegian oil and gas operator, has announced it replaced 87% of 2020 production through additions to its proven (1P) reserves notwithstanding reduced activity in the wake of low oil prices. More… |
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UAE banks' required reserves hit $36bn in Q1UAE banks' reserve requirements picked up 7.7 per cent during the first quarter (Q1) of 2020 to Dh132.6 billion ($36 billion) as compared to the corresponding period in 2019, a media report said. The required reserves have bee More… |
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Russia ‘ready to face oil price slump to $25’Russia will have enough accumulated reserves in order to fulfil budgetary obligations for three years in case oil prices fall to $25-30 per barrel, a senior government official was quoted as saying in a media report. "For our More… |
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UAE cenbank's gold reserves surge to $312m in MayThe value of the UAE Central Bank's reserve of gold bars amounted to Dh1.147 billion ($312 million) in May, up 1.1 per cent from Dh1.134 billion, by the end of 2018. The growth, the highest in five months, comes in line with t More… |
