CAIRO, Oct 29 (Reuters) - Most Gulf central banks cut key interest rates on Wednesday after the U.S. Federal Reserve moved to reduce rates by a quarter of a percentage point, its second rate cut ...
CAIRO, Sept 17 (Reuters) - Gulf central banks cut their key interest rates on Wednesday after the Federal Reserve cut U.S. interest rates by 25 basis points for the first time this year. The Fed cut ...
The UAE Central Bank kept its benchmark interest rate unchanged on Wednesday, shadowing the US Federal Reserve’s move which held its policy steady to counter persistent inflation and expansionary ...
The Express Tribune on MSN

Govt seeks low interest on $2.5b debt

Pakistan has requested the United Arab Emirates (UAE) to roll over a debt of $2.5 billion for two years and cut interest rate by almost half, including for a $450 million loan taken 30 years ago.The ...