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US Federal Reserve

US Federal Reserve latest

UAE: Lending Appetite To Grow As Borrowing Costs Could Drop In 2020
January 19th, 2020 - 09:01 GMT

UAE: Lending Appetite Might Grow If Borrowing Costs Drop In 2020

Borrowing costs for personal, auto, and home loans in the UAE are most likely to remain stable, or could slightly drop in 2020. Most of the economists expect the US Federal Reserve to keep rates stable, but some see two rate cuts of 25 basis points this year. Since the UAE follows the Fed in policy rates, the Fed's decision will be directly reflected in the UAE's rates. However, some ...
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In the GCC region, Saudi Arabia’s PMI index for October retreated (59.8) from its peak in September (61.8) on lower crude oil prices.
December 3rd, 2014 - 04:55 GMT

A unfortunate development: Oil plunge to erase GCC market gains

Al Bawaba
December 2nd, 2014 - 05:00 GMT

Jihad is no fun - ISIL recruits complain about conditions in the caliphate

Turkey is a major beneficiary of the collapse in Brent crude since the cost of imported energy narrows the current account deficit
December 2nd, 2014 - 04:55 GMT

All else aside, there is a bullish case for investing in Turkish banks

Al Bawaba
December 1st, 2014 - 04:09 GMT

World Food Programme suspending aid to Syrian refugees: UN

Banks all over the world are being excessively cautious as regulators have been imposing huge fines that hit their bottom line.
October 29th, 2014 - 04:55 GMT

Excessive caution? Why 'perfectly legitimate' SME's are struggling to find financing in the UAE

Al Bawaba
October 28th, 2014 - 05:16 GMT

Do something! US urges Arab Banks to choke IS funding

Al Bawaba
October 22nd, 2014 - 07:14 GMT

Tunisians prep for landmark election

On receipt of the funds from refiners, the RBI would buy dollars from authorized dealers.
October 19th, 2014 - 12:01 GMT

India is about to pay Iran half a billion dollars, and that's the 'tip' of the oil deal

Al Bawaba
October 14th, 2014 - 01:24 GMT

Israeli shekel continues to weaken to no avail

The pull back then snowballed due to panic selling and, possibly, margin calls, according to market players.
October 12th, 2014 - 11:55 GMT

The snowball effect: Saudi, UAE stock markets tumble after global sell-off

Egypt's economy has been hit by more than three years of political and economic turmoil following the 2011 uprising that toppled Hosni Mubarak after 30 years in power.
October 9th, 2014 - 03:55 GMT

Higher confidence: Egypt's business activity grows at near-record pace

High rents and food costs, particularly that of cottage cheese, an Israeli staple, were among the triggers of a popular protest movement that peaked in 2011.
October 8th, 2014 - 03:55 GMT

A very cruel historic irony: Israelis urged to move to Berlin for lower cost of living

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