Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

CBUAE gold reserves exceed Dhs30b

Gulf Today

|

October 09, 2025

The Central Bank of the United Arab Emirates (CBUAE) has seen its gold reserves rise by around 32 per cent during the first eight months of 2025, surpassing Dhs30 billion for the first time.

CBUAE gold reserves exceed Dhs30b

By the end of August, the value of the reserves reached Dhs30.329 billion, compared with Dhs22.981 billion at the end of December 2024.

On a monthly basis, the central bank's gold holdings grew by more than 4.5 per cent in August, up from Dhs28.997 billion at the end of July.

According to the CBUAE's statistical bulletin issued today, the value of demand deposits rose to over Dhs1.188 trillion by the end of August, compared with Dhs1.109 trillion at the end of December 2024.

MORE STORIES FROM Gulf Today

Gulf Today

Gulf Today

Al Dhannah City gets first UK curriculum school

Al Dhannah City marked a historic milestone on Nov.14 with the official opening of Excellence Global School (EGS)—the region's first British Curriculum school, offering education from Pre-KG to Grade 6 in its Phase I, as approved by the Department of Education and Knowledge (ADEK).

time to read

1 mins

November 25, 2025

Gulf Today

Over 70% of investors trust AI to manage investments

ABU DHABI: Almost three-quarters (73%) of UAE investors said that they would embrace Al as an alternative to human advisors, while 70.8% would trust Al to manage their portfolios, according to a survey commissioned by Alpheya.

time to read

1 min

November 25, 2025

Gulf Today

How Bill Murray terrified — then befriended — Wes Anderson

While writing about the life and work of Wes Anderson, | found it all too easy to picture him as one of his characters: cultured and impeccably dressed, with a quiet but mordant wit, living both at the heart of and slightly outside of our world.

time to read

3 mins

November 25, 2025

Gulf Today

Gulf Today

7 suspects held in corruption scandal: Marcos

Philippine authorities detained seven suspects and several more were being sought in a major corruption scandal involving flood control projects, President Ferdinand Marcos Jr said on Monday as he tried to quell public outrage over the brazen anomalies that have implicated powerful members of Congress.

time to read

1 mins

November 25, 2025

Gulf Today

Region's 1st automated PoA issuance service launched

The Abu Dhabi Judicial Department (ADJD) has strengthened its leadership in providing pioneering regional services by launching the first fully automated Power of Attorney (PoA) issuance service within its digital Notary system.

time to read

1 mins

November 25, 2025

Gulf Today

England coach Borthwick claims to be going in right direction

England finished last year’s Autumn series with a win over Japan to end a run of five defeats, with coach Steve Borthwick promising the good times were just around the corner, and a year on it seems he knew what he was talking about.

time to read

1 mins

November 25, 2025

Gulf Today

Gulf Today

Sharjah boosts economic ties with Dutch cities

To boost joint initiatives and partnerships, Sharjah’s Department of Government Relations (DGR) met with the Consulate-General of the Kingdom of the Netherlands to explore new cooperation and economic opportunities between the emirate and Dutch cities.

time to read

1 min

November 25, 2025

Gulf Today

PlanRadar champions data-driven construction

The GCC's construction sector is at a pivotal moment. As urban expansion continues and governments accelerate mega project delivery under national visions like Saudi Vision 2030 and UAE's 2040 Urban Master Plan, digitalisation has become the linchpin for success said Ibrahim Imam, Co-Founder and CEO of PlanRadar. PlanRadar, the leading digital platform for documentation, task management, and reporting in construction and real estate projects, is participating at Big 5 Global 2025, taking place from Nov.24-27 in Dubai.

time to read

1 min

November 25, 2025

Gulf Today

Gulf Today

DIFC Sculpture Park to add to art scene after Art Nights elevates it

Seen o

time to read

4 mins

November 25, 2025

Gulf Today

Jansen takes six as SA close in on historic Test series win

Towering pace spearhead Marco Jansen took six wickets to put South Africa in sight of a first Test series win in India in 25 years after bundling out the hosts for 201 in the second match on Monday.

time to read

3 mins

November 25, 2025

Listen

Translate

Share

-
+

Change font size