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Monica Malik

Monica Malik 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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Prices are likely to break out of the current $55-65 a barrel options range, to test the high of $70s as currently supported by fundamentals
September 17th, 2019 - 06:30 GMT

Oil May Hit $75 Level If Saudi Outage Prolongs for More Than Six Weeks

Prices seen to go down on decline in housing and fuel prices, oversupply in retail and hospitality, and receding VAT effect. (Shutterstock)
March 10th, 2019 - 07:59 GMT

UAE Expected to Slip Into Deflation in 2019

KSA should be able to provide goods and services for its local market as well as build globally competitive export industries. (Shutterstock)
September 18th, 2018 - 07:42 GMT

Saudi Localization Plans to Introduce Multibillion-Dollar Infrastructure Dividend

"The US dollar - and consequently the dirham - has strengthened against the emerging market currencies this year and this does help in reducing the import prices. (Shutterstock)
August 19th, 2018 - 07:48 GMT

UAE Dirham Stands Strong Against Emerging Market Currencies

 The value of Dubai Chamber members exports and re-exports to India amounted to Dh3 billion during the first half of 2018. (Shutterstock)
August 15th, 2018 - 07:33 GMT

Dubai to Increase Non-Oil Trade With India to Dh110 Billion

The Institute of International Finance (IIF) has raised the projected UAE real GDP growth from 2.1 per cent to 2.4 per cent for 2018 and maintained 2.7 per cent forecast for the next year. (Shutterstock)
July 17th, 2018 - 08:42 GMT

UAE Economy to Improve Due to Higher Crude Oil Prices

Oil prices have gained over three per cent since Opec and allies announced on June 22 to raise output to meet production caps set in 2016. (Shutterstock)
July 4th, 2018 - 08:29 GMT

UAE Committed to Boost Oil Output

Iranian oil production is expected to fall from the fourth quarter of 2018 as US sanctions take effect. (Shutterstock)
July 1st, 2018 - 08:59 GMT

GCC Main Beneficiaries of OPEC Output Hike

Bahrain’s dinar recovered from 17-year lows and its bond prices rebounded after GCC allies promised to avert debt crisis. (Shutterstock)
June 28th, 2018 - 11:48 GMT

Bahrain Bond Prices Recover After Gulf Allies Support Pledge

Officials hope that the moves will attract new businesses to the country, driving future growth, and giving a much-needed boost to its real-estate market. (Pixabay)
May 23rd, 2018 - 07:53 GMT

6 Questions Expats might have on UAE's New Visa Regulations

An Emirati man with his falcon. (Pixabay)
May 16th, 2017 - 12:02 GMT

UAE’s Non-Oil Growth to Pick Up in 2017: IMF

Wider fiscal reforms such as subsidy reductions, fee increases, etc for 2017 announced so far have been substantially less than in early 2016.  (Shutterstock)
February 20th, 2017 - 09:00 GMT

GCC fiscal reform proves a tricky balancing act with economic growth

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