Country: AE | Published: 2026-09-18
UAE markets are still digesting the central bank's rate hike to 3.9%, which followed the US Fed given the dirham peg, with experts weighing what higher borrowing costs mean for mor
UAE markets are still digesting the central bank's rate hike to 3.9%, which followed the US Fed given the dirham peg, with experts weighing what higher borrowing costs mean for mortgages and savings. The Ministry of Finance launched a second retail sovereign Sukuk issuance with a five-year tenor, giving residents a direct channel into government debt. Meanwhile, the US-Iran conflict remains a background geopolitical factor for residents, and flydubai Holidays is expanding its travel portfolio as tourism activity continues.