World
Representative Image

CBUAE maintains Base Rate at 3.65%

Jan 29, 2026

Abu Dhabi [UAE], January 29: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%.
This decision was taken following the US Federal Reserve's announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged.
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.
Source: Emirates News Agency

More news

STL delivers resilient FY'26 performance; AI Data Centre business emerges as key growth engine

Mumbai (Maharashtra) [India], April 29: STL (NSE: STLTECH), a leading connectivity solutions provider for AI-ready digital infrastructure, today announced its financial results for the year ended 31 March, 2026. The Company reported revenues of INR 1,441 Cr for the quarter and INR 4,745 Cr for FY26, a growth of ~14.7% QoQ and 18.8% YoY. In FY26, STL delivered EBITDA margins at ~13.2% and EBITDA of INR 628 Cr. The year was characterised by a transformative ~110% surge in order intake over FY25. This indicates strong revenue visibility and sets the stage for sustained growth in the coming quarters.

Apr 29, 2026

Maha Bar Bench Conclave 2026 Sets Benchmark as Maharashtra's First Legal Skilling Platform

Maha Bar Bench Conclave 2026 Sets Benchmark as Maharashtra's First Legal Skilling Platform

Apr 29, 2026

Authored by a seasoned clean energy/EV systems analyst

Inside the VBA Model Powering a U.S.-Mexico EV Charging Rollout

Apr 29, 2026

RoboForex Expands CFD Offering with Cryptocurrency Instruments

RoboForex Expands CFD Offering with Cryptocurrency Instruments

Apr 29, 2026

Research Quality emerged as a notable strength for Galgotias University in the 2026 THE Rankings, reflecting stronger scholarly output and growing research impact

Galgotias University Rises in Times Higher Education (THE) World Rankings 2026, Unveiled in Hong Kong

Apr 29, 2026

BSE SME Listed Aptus Pharma Limited Doubles Revenue, Builds 250 Plus Product Portfolio, and Accelerates Multi-Vertical Expansion

BSE SME Listed Aptus Pharma Limited Doubles Revenue, Builds 250 Plus Product Portfolio, and Accelerates Multi-Vertical Expansion

Apr 29, 2026

L to R: H E Thierry Mathou, Ambassador of France, Nutrivita Foods' CEO Shailesh Purohit, Payal Kanwar, DG Indo French Chamber of Commerce and Industry (IFCCI) & Jean Touboul, President IFCCI

Nutrivita Foods Bags SME of the Year Award From Indo-French Chamber of Commerce & Industry

Apr 29, 2026

Indian Experts Shared Their Vision of the Future of the Global Economy at the 2nd Open Dialogue in Russia

Indian Experts Shared Their Vision of the Future of the Global Economy at the 2nd Open Dialogue in Russia

Apr 29, 2026