UAE Central Bank cuts rates again, making mortgages and car loans cheaper in 2026 | World News

Central Bank rate cut brings relief for UAE borrowers / Image: File The Central Bank of the UAE lowered its base rate for the Overnight Deposit Facility (ODF) by 0.25 percentage points, from 3.90% to 3.65%, following a similar move by the US Federal Reserve. The cut takes effect immediately and is described by the […]

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UAE Central Bank cuts interest rate to 3.90%; lowest since 2022, consumers to see cheaper loans and mortgages | World News

The UAE Central Bank has cut interest rates twice in two months, bringing the base rate down to 3.90%, the lowest since 2022/ Image: File The Central Bank of the UAE (CBUAE) has reduced the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15% to 3.90%, effective Thursday, October […]

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