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UAE dominates $4.7bn Arab exchange market AMF

The UAE accounts for approximately 47.3 per cent of 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 $4.7bn in 2023, reflecting a slight growth of 0.02 per cent compared to 2022.

Posted by Hicham ALAOUI RIZQ on 2024, Oct 03

Introduction

The UAE accounts for approximately 47.3 per cent of 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 $4.7bn in 2023, reflecting a slight growth of 0.02 per cent compared to 2022.

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