Financial and Banking News


UAE Balance of Payments Surplus Shrinks in l986

The UAE balance of payments surplus in 1986 fell to Dh7,159mn ($1,951mn), down 73h% from Dh27,213mn ($7,415mn) in 1985, while the balance of trade surplus in 1986 shrank to Dh12,676mn ($3,454mn), down 61.1% from Dh32,626mn ($8,890mn) in 1985, according to the UAE Minister of Planning, Shaikh Humaid ibn Ahmad al-Mu'alla, whose figures appear to be derived independently from statistics...