VOL. XXXV
NO. 32
11-MAY-1992
Financial and Banking News
Regional Banking
Abu Dhabi Transfers about Dh1.2mn to Sharjah Banks
The Central Bank of the UAE has released a little more than Dh1.2bn ($327mn)into the Sharjah banking system as part of a settlement between Abu Dhabi andSharjah over payments for gas delivered by Sharjah to the northern emirates onbehalf of Abu Dhabi (for full background see MEES, 4 May). The Central Bankstarted transferring the money on 6 May, and banks in Sharjah were...
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