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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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The ban on investing in the firms revived a three-year prohibition on them that the Government Pension Fund of Norway had dropped in August last year.
January 30th, 2014 - 07:43 GMT

Can we say we have a trend here? World's largest sovereign wealth fund blacklists two Israeli firms over settlement activity

The declines were part of a broader slide in global markets on Friday, with stocks in Asia, Europe and the US tumbling.
January 29th, 2014 - 03:55 GMT

Is the Turkish lira a victim of Turkey or of global contagion?

For months the central bank has been under strong pressure from the government, itself caught in a swirl of internal pressures, not to raise interest rates to bolster the lira.
January 27th, 2014 - 07:15 GMT

Turkey rushes to rescue lira from freefall

The total sukuk issuances for 2013 were $120 billion. (Image credit: Shutterstock)
January 8th, 2014 - 07:21 GMT

Report: 2013 was a record year for Sukuk issuances

Dubai was already an important Islamic finance center, but the Emirate sees the story as larger than one of just banking.
January 7th, 2014 - 03:55 GMT

Islamic finance in 2014: on the verge of a tipping point?

The pace of the US Federal Reserve’s “tapering” in the coming year is likely to impact emerging market and frontier market sentiment, but investors in the Gulf are in a cautiously optimistic mode for now.
January 6th, 2014 - 03:55 GMT

Going bipolar? Abu Dhabi and Dubai markets going in opposite directions

To prop up the lira, the central bank said on December 24 it will sell at least $6bn in auctions through the end of January and make it more costly for lenders to park foreign currencies in the bank’s coffers.
January 5th, 2014 - 03:55 GMT

The crisis persists: Turkey's stock markets are floundering and it's about more than corruption

Lower crude oil prices and reduced production might materialize, with the increased possibility of oversupply from OPEC and non-OPEC, which will weigh negatively on oil revenues and will reverse the hefty fiscal and current account surpluses of recent years.
December 26th, 2013 - 05:18 GMT

SAMA's unprecedented role in safegaurding the Saudi economy

Infrastructure spending in the gulf has risen sharply in recent years. (Image credit: Shutterstock)
December 25th, 2013 - 10:02 GMT

Abu Dhabi sovereign to return even as Gulf bonds are set to surge

“According to the South Sudanese petroleum ministry… oil production in the state of Unity has been shut down, resulting in a loss of production of some 45,000 barrels per day.
December 24th, 2013 - 06:40 GMT

South Sudan violence raises world oil prices

I believe Japan will be the best performing developed market in 2014, as it was in 2013.
December 22nd, 2013 - 05:44 GMT

Where should you be putting your money in 2014?

The global supply of oil in the world is set to rise. (Image credit: Shutterstock)
December 15th, 2013 - 09:35 GMT

Are the prices of oil going to crash in the near future?

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