UAE, GCC central banks raise interest rates by 0.5%

In the GCC, the Central Bank of Bahrain was the first to announce the rate hike

Staff Writer, ZAWYA

December 15, 2022

PHOTO

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

UAE, GCC central banks raise interest rates by 0.5%

DISCOVER MORE

Muslims pray at Jerusalem's Al-Aqsa at start of Ramadan

Saudi: 10-minute gap between adhan and iqama for Fajr and Isha prayers in Ramadan

2.5mln foreign visitors arrived in Saudi Arabia in February

The Central Bank of Bahrain raises key interest rate by 25 basis points

Bank ABC, Bahrain signs deals for core banking overhaul

Investments ‘created 6,400 new jobs’: Bahrain

Emirates airline: has 'substantial' ticket revenue trapped in Nigeria

Kuwait’s demographics: Indians lead, followed by Egyptians, Filipinos, and Bangladeshis

GCC central banks track US Fed move; hike key rates by 25bps

UAE exchange firm Al Ansari upsizes IPO on strong investor demand

Dubai's Meraas to build new residential towers in Design District

VIDEO: LSE-listing will facilitate more funding opportunities for us, Dar Global CEO

Dubai’s Emirates to add value, support Air India – Tim Clark

Al Marar heads UAE delegation participating in GCC Ministerial Council Meeting

UAE eyes 5.9% growth as GCC economy looks set to hit $2trln in 2022: World Bank

GCC economies set to grow at 6.5% this year

Weaker oil demand, declining prices to pose headwinds to GCC economic growth in 2023

GCC banks' profits, assets get a major boost from high oil prices

LATEST VIDEO

VIDEO: LSE-listing will facilitate more funding opportunities for us, Dar Global CEO

ZAWYA COVERAGE

Will gold face more downside or upside after Fed's rate hike?

Kenya signs $250mln deal with UK to boost food production

PODCAST: IFC is ready to back governments privatisation plans with capital

UAE's Presight AI to debut on Abu Dhabi Securities Exchange next week

Yellen chairs closed US Financial Stability Oversight Council meeting

US to implement asylum deal with Canada on Saturday, final rule says

Fed's Bullard: "Swift" US response to bank stress keeps rate focus on inflation

France's Macron says he will not yield to violence after demonstrations against pensions reform

Euro zone banks resilient, ECB can provide liquidity if needed -Lagarde

THE BRI REPORT

China is reshaping the Belt and Road Initiative ahead of a post-pandemic era

DISCOVER MORE

LATEST VIDEO

ZAWYA NEWSLETTERS

ZAWYA COVERAGE