NO. 3


Financial and Banking News

Gulf Crisis

UAE Trade Surplus to Increase by 6% in 1990, Governor Says

The Governor of the UAE Central Bank, Mr. 'Abd al-Malik al-Hamar, says thatthe UAE will show a trade surplus of $6.8bn (Dh25bn) for 1990, compared to$6.4bn (Dh23.5bn) in 1989. This figure is based on exports of $18.8bn andimports of $12.0bn. The governor's figures, which he announced during aconference in Abu Dhabi at the beginning of October, are similar to those...