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Deposits in UAE banks surge to $120bn in H1

Short-term deposits in UAE banks increased by AED27.9 billion during H1, bringing to AED439.7 billion the total value of short-term deposits by the end of June, according to UAE Central Bank statistics. The term 'Short Term Deposit' refers to an amount of money placed in a bank or financial institution…

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Click here to read the full story: Saudi Gazette

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