UAE Central Bank Cuts Rates Again, Making Mortgages and Car Loans Cheaper in 2026

UAE Central Bank cuts rates again, making mortgages and car loans cheaper in 2026

The UAE Central Bank has lowered its base rate by 0.25 percentage points, aligning with the US Federal Reserve's move to maintain the Dirham's peg. This policy easing aims to support economic growth, making borrowing cheaper for individuals and potentially boosting the real estate market.

'Meaningful savings': UAE loan costs to drop after Central Bank cuts interest rates

The UAE Central Bank on Wednesday lowered its key rate. In a statement, the bank cut the base rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points.

Gulf central banks follow US Fed, cut interest rates - Times Kuwait

Several Gulf central banks announced on Wednesday that they are lowering interest rates, following the US Federal Reserve’s decision to reduce rates by a quarter of a percentage point for the third time this year. The Saudi Central Bank confirmed a cut in its repurchase agreement (repo) rate by 25 basis points to 4.25 percent and a similar reduction in the reverse repurchase (reverse repo) rate to 3.75 percent. Qatar’s central bank also trimmed …

Gulf central banks follow US Fed in key rate cuts

GCC generally mirrors US central bank Borrowing costs cut by 25 basis points Fed earlier lowered benchmark rate Central banks across the Gulf Cooperation Council (GCC) countries have cut their key interest rates by a quarter point, following the US Federal Reserve’s move. The GCC bloc generally mirrors the Fed, given that most regional currencies are pegged to the US dollar. The Kuwaiti dinar is pegged to a basket of currencies, including the do…