Business
US Interest Rate Cut: UAE Residents and Businesses with Loans Receive Instant Relief
In a significant development for borrowers, UAE residents and businesses with loans, mortgages, and credit card obligations are seeing immediate relief. This follows the recent 0.50 per cent interest rate cut by the US Federal Reserve. The UAE Central Bank, as is customary, swiftly matched the cut. Therefore, this brings much-needed respite to individuals and…
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