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31/10/2025 07:29 AST
The central banks of the UAE and Bahrain have cut key interest rates by 25 basis points, effective October 30.
Central Bank of the UAE (CBUAE) cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15% to 3.90%, effective from Thursday (October 30).
This decision was taken following the US Federal Reserve's announcement on Wednesday to reduce the Interest Rate on Reserve Balances (IORB) by 25 basis points, said a Wam news agency report.
The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points above the Base Rate for all standing credit facilities.
The Base Rate, which is anchored to the US Federal Reserve's IORB, signals the general stance of monetary policy and provides an effective floor for overnight money market interest rates in the UAE.
The Central Bank of Bahrain (CBB) said it cut the overnight deposit interest rate by 25 basis points from 4.75% to 4.50%, effective October 30.
This decision comes as part of the measures taken by CBB in maintaining monetary and financial stability in the Kingdom of Bahrain in light of global financial market developments, it said.
Trade Arabia
| Ticker | Price | Volume |
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31/10/2025
Consumers in the UAE are set to enjoy lower borrowing rates as the UAE Central Bank on Wednesday lowered its Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.1
Khaleej Times
31/10/2025
Most Gulf central banks cut key interest rates on Wednesday after the US Federal Reserve moved to reduce rates by a quarter of a percentage point, its second rate cut decision this year. The Fed's de
Kuwait Times
31/10/2025
The Central Bank of Oman (CBO) has decreased its Repurchase Agreement rate (repo) for local banks, effective from Thursday, by 25 basis points (0.25%) to 4.50%.
The CBO's monetary policy aim
Times of Oman
31/10/2025
Qatar Central Bank (QCB) has issued treasury bills worth QR 250 million with maturities of 28 days, 98 days, 182 days, 273 days, and 364 days.
QCB announced in a post on its social media pla
QNA
31/10/2025
The Public Investment Fund (PIF) and Jones Lang LaSalle Saudi Arabia Company Limited (JLL) signed on Thursday a memorandum of understanding (MoU) to promote cooperation and further support Saudi Arab
Asharq Al Awsat
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