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Egypt condemns bombing of school in Khan Yunis

CAIRO: The Arab Republic of Egypt has condemned the Israeli strike that targeted Al Awda School in Khan Yunis, and continued targeting of civilians in Gaza.

In a statement, the Egyptian Ministry of Foreign Affairs said that such strikes constitute vi…

CBUAE’s balance sheet hits AED790 billion in April, up 25% YoY

ABU DHABI: The balance sheet of the Central Bank of the UAE (CBUAE) hit a record AED789.82 billion by the end of April 2024, for the first time of its history, a YoY growth of 25 percent from approximately AED631.63 billion in April 2023, as per a CBU…

Gross banks’ assets at AED 4.3 trillion by end of April 2024

ABU DHABI: Gross banks’ assets, including bankers’ acceptances, increased by 1.0 percent from AED 4,254.5 billion at the end of March 2024 to AED 4,296.5 billion at the end of April 2024, according to the Monetary and Banking Developments issued by …