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- Oman LNG shortlists bidders for fourth liquefaction train
- Mered partners with Reflex Angelo for major Dubai project
- Zain receives 'Best Corporate Governance in Kuwait' award from World Finance
- iPhone 17 available now on Gulf Bank's Gulf Points eStore
- CBO reduces interest rate on repo operations by 25 basis points
- QIA invests USD 500 million in Ivanhoe mines
- QCB cuts current interest rates by 25 basis points
- OPEC: IEA Report Underscores Need for Oil Investments
- District 11: Dh3.5 billion smart work resort sets new standard in Sharjah
- UAE Central Bank cuts key interest rate for first time in 2025, mirroring US Fed move
18/09/2025 04:21 AST
The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to lower the base rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points to 4.15 per cent from 4.40%.
This decision was taken following the US Federal Reserve's announcement today to reduce the Interest Rate on Reserve Balances (IORB) by 25 basis points, the central bank said in a statement.
"The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points above the Base Rate for all standing credit facilities."
Gulfnews
| Ticker | Price | Volume |
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18/09/2025
Oman LNG has shortlisted contractors to bid for engineering, procurement and construction (EPC) works for a new processing train at its Qalhat liquefied natural gas (LNG) production complex in Sur.
Trade Arabia
18/09/2025
Mered, an award-winning international real estate developer, has partnered with Reflex Angelo, the global Italian luxury furniture brand, to provide Pininfarina branded furniture for the ICONIC Resid
Trade Arabia
18/09/2025
The Central Bank of Oman (CBO) reduces the interest rate on its repurchase operations with local banks by 25 basis points (0.25 percent) starting Thursday, to 4.75 percent.
The statement iss
ONA
18/09/2025
Qatar Investment Authority (QIA), the sovereign wealth fund of the State of Qatar, intends to invest an estimated USD 500 million in the capital of Ivanhoe Mines.
In accordance with the inve
The Peninsula
18/09/2025
The Qatar Central Bank (QCB) announced Wednesday a reduction in current interest rates for deposits, lending, and repurchase agreements, based on the Monetary Policy Committee's decision regarding mo
The Peninsula
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