UAE bank foreign assets rise to 2.3T dirhams
The article pertains to Washington's postponement of imposing new tariffs on China ahead of the Trump and Xi summit. Meanwhile, British retail sales increased by 0.5% in August, surprising the markets. The article also points to a disagreement within the Israeli government regarding the funding of an additional $8.2 billion in military spending, and highlights how container shipping prices have reached record highs amid rising fuel costs. Additionally, Emirati banks reported an increase in foreign assets to reach 2.3 trillion dirhams, and the prices for liquidating troubled investment funds in Turkey have risen, amid expectations that the rising interest rates will impact the Japanese currency market.
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