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- Bahrain All Share Index closes higher
- Lufthansa shares soar after earnings top estimates
- Most GCC central banks cut key rates; Kuwait holds rates steady
- Central Bank of Oman lower repo rate for local banks by 25bps
- Qatar Central Bank issues treasury bills worth QR 250 million
- Qatar Stock Exchange index closes higher
- Bahrain, UAE central banks cut key interest rates
- UAE investment group MAIR seals Al Reem Island property deal
- Jahez, noon partnership to transform everyday convenience in Saudi Arabia
- Union Properties unveils $544.59m Mirdad in Dubai's Motor City
31/10/2025 07:36 AST
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 aims at maintaining its fixed exchange rate, which is aligned with the structure and nature of the Omani economy.
There are several advantages derived from this policy for the economy of the Sultanate of Oman, among which are stability of the domestic currency, Avoidance of irregular capital movements across borders, enhancing investors' confidence in the Omani economy by removing exchange rate risk, and stimulating economic activities by lowering the domestic cost of funding.
On these lines, the rate cut is expected to give a boost to economic activity by reducing financing costs. Consequently, we can expect to see increased investment and consumption levels.
Times of Oman
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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
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 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 D
Trade Arabia
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
Financial Information Co.
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