Born in 1964, Souaid officially takes over after embattled former chief Riad Salameh's term expired in July 2023 with no designated successor. Divided politicians had since failed to agree on a permanent replacement for Salameh, who has been accused at home and abroad of financial crimes.
Liquid assets in UAE banks reach $132bn in first quarter: Central Bank
*Steady growth in liquidity a new sign of the gradual economic recovery, primarily in retail and commercial platforms *UAE Central Bank's report says liquid assets accounted for 15.9 percent of the total assets by the end of the first quarter Liquid assets held by UAE-based banks increased 2.6 percent to...Liquid assets up to Dh486.58 bn in Q1’21: UAE Central Bank
The steady growth in liquidity is a new sign of the gradual economic recovery Liquid assets accounted for 15.9 percent of the total assets by the end of the reference quarter Liquid assets held by UAE-based banks increased 2.6 percent to Dh486.58 billion ($132.48 billion) in first quarter (Q1'21) from...
