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Industry Updates

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DIP Holding Prices Its Dubai Financial Market IPO at AED 1.12 Per Share

DIP Holding Prices Its Dubai Financial Market IPO at AED 1.12 Per Share

UAE Central Bank Holds Base Rate at 3.9%

UAE Central Bank Holds Base Rate at 3.9%

The Central Bank of the UAE (CBUAE) has kept the Base Rate on its Overnight Deposit Facility (ODF) at 3.9%, following the US Federal Reserve’s decision to hold its Interest Rate on Reserve Balances (IORB) steady.
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