Country: AE | Published: 2026-09-17
UAE markets continue to absorb the central bank's rate hike to 3.9%, a move that followed the US Fed and was mirrored across Gulf central banks given the dirham peg. Gold prices in
UAE markets continue to absorb the central bank's rate hike to 3.9%, a move that followed the US Fed and was mirrored across Gulf central banks given the dirham peg. Gold prices in Dubai climbed as the higher rate environment lifted demand for the metal. Meanwhile, the security chief's statement attributing many cyberattacks on the UAE to Iran's IRGC adds a geopolitical undercurrent, and flight delays and cancellations across major carriers are drawing traveler attention, though no market verdicts have landed yet.