StandardsAboutContact
The Gulf Tape

Macro & Rates

  1. UAE Central Bank Raises Base Rate to 3.90% After Fed's

    Macro & RatesThe Central Bank of the UAE raised its Base Rate 25 basis points to 3.90%, up from 3.65%, after the Federal Reserve lifted its federal funds target range a quarter point to 3.75%-4.00% - the Fed's first increase since 2023. The UAE dirham's dollar peg forces CBUAE to mirror Fed moves automatically, regardless of domestic conditions.
Advertise hereReach our readers — get in touch →