currency peg


Gulf Countries Cut Interest Rates, Following US Fed Move

Middle East Business News - Published date: .

Kuwait lowers borrowing costs for the first time since 2012 in response to US Federal Reserve's decision Read more

Emirates NBD Sees UAE Rate Climb Reversing On Tax Giveaway

Middle East Business News - Published date: .

The government probably held as much as $11bn in bank deposits following the introduction of a 5% value-added tax in ear... Read more

Why Oman Has Work To Do Before Bond Sale

Middle East Business News - Published date: .

If Oman does tap the international bond market, it would join a plethora of governments who sought to take advantage of ... Read more

Gulf Countries Remain Commited To Dollar Peg

Middle East Business News - Published date: .

Consumer inflation will likely remain benign, said UAE bank governor Mubarak Rashed Al Mansoori Read more