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 […]

UAE President appoints four new Assistant Governors at Central Bank | World News

UAE President Sheikh Mohamed bin Zayed appointed four experienced leaders as Assistant Governors at CBUAE/Image: CBUAE In a significant move aimed at strengthening the leadership of the UAE’s financial sector, President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a federal decree appointing four new Assistant Governors at the Central Bank of the […]