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UAE Central Bank to Cut Interest Rates by 75 Basis Points

The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to...

Coronavirus-triggered Recession Will Change How We Live, Do Business and Invest

The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change,...

2019 Global Investment Outlook: The Way Forward

Global Investment Outlook affirms that trade tensions, tightening monetary policy, and potential inflation will affect most asset classes

2019 Investment Outlook: The End of Easy

Wells Fargo Investment Institute today releases “2019 Outlook: The End of Easy,” offering guidance to investors for the coming year. It suggests 2019 will...

US Federal Reserve System Raises Base Interest Rate

The US Federal Reserve System acting as the national central bank has raised the base interest rate by 25 percentage points to 0.5-0.75%, the...

UAE Credit Cards immune to Low Interest Rates

Interest rates are the lowest they have been in decades. But there is a little indication the customers of U.A.E. banks are benefiting. This...

UAE Central Bank’s governor calls for reduced interest rates on loans

Sultan bin Nasser Al Suwaidi, Governor of the UAE Central Bank has called on the banks operating in the country to cut interest rates...

Interest rates on mortgages sliding

The international banking giant HSBC has become the latest lender to cut...

Central Bank reduces interest rate on liquidity support facilities to 1.5%

H.E. Khalil Mohamed Sharif Foulathi, Chairman of the Board of Directors of the Central Bank of UAE, announced today that, with effect from Tuesday,...