According to a report published by Al-Ahram newspaper on Sunday, an official report shows that the net assets value of the operating commercial banks in the UAE jumped to Dh 732 billion by the end of March 2006, up from Dh 493 billion in the end of December 2005.
These figures translate into a 48% rise. The same source estimates the banks' net assets value to go up to Dh 732 billion by the end of the third quarter of 2006.
