Middle East Economic Survey
VOL. LII
No 34
24-Aug-2009
UAE
UAE Financial System Remains Fragile, NBK Reports
The UAEs financial system remains under considerable stress despite a combination of emergency policy measures, rising equity prices and improved confidence, says the National Bank of Kuwait (NBK) in its latest GCC Brief, published in August. Recent official monetary statistics released by the Central Bank of the UAE show that growth in key measures of the money supply has decelerated...
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