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UAE private bank deposits rise by $4.2mln in 3 months amid COVID-19 uncertainty
A record 15.6 billion UAE dirhams ($4.2 million) increase in cash landed the non-government deposit accounts of banks across the country over the last few months, according to the latest official data. From April to June this year, savings held in private sector accounts ballooned to 1,091.8 billion, up by…
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