Core Insights - The Central Bank of the UAE reported a significant increase in gold reserves, growing by 25.899% to reach 28.933 billion dirhams by the end of May 2025, compared to 22.981 billion dirhams at the end of the previous year [2] Banking Sector Overview - The total deposits in the UAE banking system have continued to expand, with total demand deposits exceeding 1.166 trillion dirhams by the end of May, a notable increase from 1.109 trillion dirhams at the end of the previous year [2] - Savings deposits totaled 359.57 billion dirhams, reflecting an increase of over 40 billion dirhams since the end of the previous year [2] - Time deposits have surpassed the 1 trillion dirham mark for the first time, reaching 1.013 trillion dirhams, with local currency deposits at 614.85 billion dirhams and foreign currency deposits at 398.35 billion dirhams [2]