UAE accounts for 47.3% of Arab exchange companies: AMF

ABU DHABI (WAM)

The United Arab Emirates accounts for approximately 47.3 percent of the Arab exchange companies, according to the latest statistics from the Arab Monetary Fund (AMF).

The Fund reported that the total assets of the exchange sector in Arab countries reached around $4.7 billion in 2023, reflecting a slight growth of 0.02 percent compared to 2022.

The capital of the exchange companies sector in Arab countries increased to approximately $2.9 billion by the end of last year, representing a growth of 3.6 percent compared to around $2.8 billion in 2022.