UAE's central bank cuts base rate by 25 bps, statement says
- 2024-12-19
- 10:04:17
Breaking News
The central bank of the United Arab Emirates cut its base rate applied to the overnight deposit facility by 25 basis points on Wednesday, from 4.65% to 4.40%, effective Dec. 19.
The move followed the Federal Reserve's decision to cut U.S. rates by 25 bps.
PARIS – A UAE delegation wrapped up a three-day visit to France, where they discussed opportunities for cooperation and exchanged best practi…
The United Arab Emirates recorded on Friday its highest temperature for May since it began documenting them in 2003 at a sweltering 50.4 degrees Ce…
The UAE's 'Make-A-Wish' Foundation has fulfilled the wishes of five children battling cancer in Yemen's Al-Sadaqah Hospital as it resumes its human…
