November 1, 2026

Trading

UAE Lowers Interest Rates by 25 Basis Points

Abu dhabi: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, reducing it from 4.40% to 4.15%, effective from Thursday, 18 September. This move comes in response …

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UBF Commences Preparations to Host Sibos 2029 in Dubai

Dubai: UAE Banks Federation (UBF) has commenced preparations to host Sibos 2029, the annual conference, exhibition, and networking event organised by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). UBF has initiated consultati…

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