UAE Accounts For Nearly 50% Of Arab Exchange Companies, AMF Finds

Jennifer George
Jennifer George

uae-companies-amf

Image Credits: Canva Pro

The United Arab Emirates accounts for approximately 47.3% 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% 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% compared to around $2.8 billion in 2022.

-WAM