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UAE Central Bank regulations govern personal loans, capping them at 20 times monthly income with a 48-month repayment period.
Arabian Gulf Business Insight on MSN7d
US Fed rate hold lifts Gulf outlook as banks follow suit
The US Federal Reserve’s decision to keep interest rates steady is echoing across Gulf economies, with regional central banks mirroring the move and economists pointing to a cautiously constructive ...
The pace of central bank rate cuts is slowing as early movers near the end of their easing cycles while sticky inflation keeps others cautious.
Thailand has picked a rate-cut advocate as its next central bank governor, doubling-down on efforts to push for more aggressive easing to help debt-saddled borrowers and revive a faltering economy.
Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on Thursday.
FRANKFURT, Germany -- The European Central Bank will likely hold off on making another interest rate cut Thursday, choosing to wait until it can measure the size of any economic blow from higher U ...
Malaysia's central bank cut interest rates for the first time in five years on Wednesday, as global trade uncertainties threaten the export-oriented economy, raising the prospect it may lower ...
3/ SWEDEN Sweden's central bank cut its key rate to 2% from 2.25% last month, and minutes from that meeting said policy could be eased again this year if growth disappoints and inflation remains tame.
The European Central Bank is leaving interest rates unchanged as it waits to see the impact of U.S. President Donald Trump’s tariffs on the economy before deciding whether to cut rates again. The ...
The European Central Bank left interest rates unchanged Thursday, hitting pause on rate cuts amid uncertainty over US President Donald Trump's tariff onslaught and high-stakes trade talks marked ...
Like the Fed, European Central Bank holds off on rate cuts amid tariff upheaval The European Central Bank is leaving interest rates unchanged as it waits to see the impact of U.S. President Donald ...
ABUJA (Reuters) -Nigeria's central bank kept its monetary policy rate at 27.50% for the third consecutive time this year, pledging on Tuesday to maintain its current stance until inflation risks ...