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UAE Central Bank keeps interest rates unchanged
UAE Central Bank maintains interest rates unchanged at 4.40%
This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances unchanged
UAE Central Bank follows Fed in keeping interest rates steady
The UAE Central Bank kept its benchmark interest rate unchanged on Wednesday, shadowing the US Federal Reserve’s move which held its policy steady to counter persistent inflation and expansionary economic policies of the administration of US President Donald Trump.
GCC central banks align with Fed to keep rates steady
The central banks in the six-nation Gulf Cooperation Council (GCC) have aligned with the US Federal Reserve to hold their interest rates steady. The Central Bank of the UAE will maintain its base rate on overnight deposit facility (ODF) at 4.
Fed decision live: US central bank prepares for first interest rate meeting of 2025
The Federal Reserve will almost certainly begin 2025 by keeping interest rates on hold at between 4.25 to 4.5 per cent. After a combined 1 percentage point of interest rate cuts over the central bank’s previous three meetings,
UAE Central Bank keeps interest rates unchanged after US Fed decision
The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the base rate applicable to the Overnight Deposit Facility (ODF) at 4.40 per cent. This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.
US Fed Meeting Outcome: FOMC's first interest rate decision of 2025 - Jerome Powell speech today LIVE link
This is also the first interest rate decision of the US central bank since Donald Trump took charge as the 47th US President on January 20. Jerome Powell Speech Today LIVE. Federa
Khaleej Times
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Dubai: Gold prices inch higher in early trade on Thursday
Gold prices inched higher at the opening of the markets in Dubai on Thursday. The Dubai Jewellery Group data showed 24K ...
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CBUAE’s 2024 achievements drive momentum towards bright future
The Central Bank of the UAE (CBUAE) marked 2024 with significant achievements across the financial, banking, and insurance ...
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CBUAE maintains the base rate at 4.40%
This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances ...
Khaleej Times
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UAE banking sector assets surge to Dh4.46 trillion
The UAE banking sector, the largest in the Middle East, recorded a big surge in assets in 2024, reaching Dh4.457 trillion at ...
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CBUAE maintains interest rates unchanged at 4.40%
ABU DHABI, 29th January, 2025 (WAM) -- The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40%. This decision was taken ...
Arabian Business
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Paymob secures UAE central bank license for retail payment services
The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions ...
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UAE rolls over $2 billion loan to Pakistan, SBP says
The State Bank of Pakistan on Thursday said that the United Arab Emirates has confirmed rollover of its two deposits of $1 ...
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UAE Central Bank issues silver commemorative coins marking its Golden Jubilee
Staff Reporter In commemoration of the Central Bank of the United Arab Emirates (CBUAE) Golden Jubilee, the CBUAE has ...
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Paymob obtains retail payments licence in UAE
The licence authorises Paymob to support merchant acquiring, payment aggregation, and domestic fund transfers within the UAE.
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Arab Financial Services expands into UAE
Backed by a substantial $150mln in funding, AFS's entry into the UAE market highlights its steadfast commitment to ...
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