Trending News: Hamdan bin Mohammed Approves Initiatives to Enhance Dubai’s Innovation and Resilience.RAK Ruler Attends RAKBANK’s Eid Al Etihad Celebrations.Abu Dhabi Heritage Authority Organises Eid Al Etihad Traditional 40ft Rowing Race.Khaled bin Mohamed bin Zayed Chairs Abu Dhabi Executive Council Meeting on Family Growth Programme.ADAFSA Inks Four Strategic Agreements to Enhance Food Security and Agricultural Innovation.Global Media Congress Concludes with Focus on Combating Misinformation on Social Media.Ajman Ruler Inaugurates Exhibition ‘A Glimpse of Zayed National Museum: Preserving Our Rich History’.Global Media Congress Discusses Children’s Wellbeing in Digital Era.Eid Al Etihad Celebration Organising Committee Announces Broadcast Locations and Celebration Zones Across UAE.Global Media Congress Highlights UAE’s Strategic Media Role as Soft Power Mechanism.UAQ Ruler of Umm Pardons Prisoners Ahead of Eid Al Etihad 53.Generative Artificial Intelligence a Transformative Force in Media Sector: CEO of Aization.Fujairah Crown Prince Witnesses Landmark Agreement Between Government and MBRSC.RAK Energy Summit Concludes with Strong Government Commitment to Advance Climate Action.Mohammed bin Rashid Oversees Swearing-In of New DIFC Courts Judges.GMC Panel Discusses Fact-Checking in Disinformation Age.Mansour bin Zayed Commends Sponsors and Partners of Sheikh Zayed Festival.Lulu Launches ‘Al Emarat Awwal’ Initiative to Promote UAE Products.RTA Announces Variable Salik, Parking Tariff System.National Media Office and TRENDS Research Collaborate on AI Media Regulation Study.Gobash Receives Top Russian MP in UAE Visit.Sharjah Ruler Recognizes ICCROM-Sharjah Award Winners for Cultural Heritage Conservation.UAE President Awards First Class Medal of Independence to Uruguayan Ambassador.Noura Al Kaabi Leads UAE Delegation at Global Forum in Portugal.Khalifa University and Lockheed Martin Forge Partnership to Advance Aerospace and Defense Technologies.Mansour bin Zayed Attends Fourth Day of Zayed Grand Camel Race 2024.Sharjah Concludes Successful Participation in Global Media Congress.Sheikh Shakhboot bin Nahyan Al Nahyan Meets Guinea’s Foreign Minister to Strengthen Bilateral Ties.Masdar Completes Acquisition of TERNA ENERGY, Marking Largest Energy Deal on Athens Stock Exchange.UAE Wins Best Operational Field Information Cooperation Award for Seventh Time.Global Media Congress 2024 Concludes in Abu Dhabi, Unites Global Media Leaders.2024 State of Scams in UAE Survey Reveals 65% Scam Awareness.GMC Examines Psychological Influence on Media and Society.Global Media Congress Examines Media Transformation Through Podcasting.Conference of Arab Ministers Adopts Strategic Abu Dhabi Declaration.Global Media Congress Examines Technological Disruption in Media Industry.Global Women’s Forum: UAE Women Leaders Advocate for Tech Skills, Soft Skills in Career Growth.GMC 2024 Highlights AI’s Role in Empowering Youth to Lead Future of Media.Global Media Congress 2024 Highlights Importance of AI-Proofing Media.UAE President Welcomes New Ambassadors at Credential Ceremony.Global Food Security Summit 2024 Concludes with Strategic Focus on Sustainability and Innovation.Somali Minister of Religious Affairs Hails UAE’s Model of Moderate Religious Discourse.Global Media Congress 2024 Explores Shifting Landscape of Media Consumption.ADAFSA Unveils ‘Learning Hub’ to Enhance Agricultural Knowledge and Food Security.Global Media Congress 2024: twofour54 Unveils New Services to Boost Abu Dhabi’s Media Ecosystem.Abu Dhabi Environment Agency and Public Health Centre Initiate Consultation Survey on Air Quality and Noise.ADNOC Unveils XRG: A $80 Billion Investment in Lower-Carbon Energy and Chemicals.Delegation from ‘Union Fortress 10’ Organising Committee Engages Al Ain School Students for Upcoming Military Parade.Dubai CommerCity Unveils Agenda and Speakers for WORLDEF Dubai 2024 Forum.Government Leaders and Industry Experts Highlight Construction’s Role at Big 5 Global’s Opening Day.Sultan bin Ahmed Engages with Key Media Stakeholders at GMC.Saqr Ghobash Engages with Italian Parliamentary Leader to Boost UAE-Italy Cooperation.Fujairah Crown Prince Engages in Diplomatic Discussions with Ambassadors of Vietnam and Denmark.Crown Prince of Fujairah Bids Farewell to Kuwaiti Consul-General.Global Media Congress 2024: NMO Chairman Outlines Comprehensive Vision for Evolution of UAE’s Media Sector.Sharjah Crown Prince Attends Graduation Ceremony at Sharjah Police Science Academy.UAE and Philippines Mark 50 Years of Diplomatic Ties with New Cooperation Agreements.Nahyan Bin Mubarak Highlights Strategic UAE-US Partnership in Promoting Global Peace and Security.UAE and Azerbaijan Sign MoU to Boost Demining Efforts in Karabakh.WAM Strengthens International Media Ties with New Agreements.UAE Media Council Secretary-General Visits Global Media Congress; Commends Innovation, Collaboration.Saud bin Saqr Strengthens Ties with Spanish Ambassador at Al Hamra.GMC 2024 Examines AI’s Role in Predicting Events and Shaping Media.Global Media Congress 2024 Highlights Role of Women, New Standards in Arab Drama.Investopia Announces Fourth Summit in Abu Dhabi with 15 New Strategic Partnerships.Global Media Congress 2024 Tackles Media Safety and Responsibility in Conflict Zones.Pakistan’s First Lady Advocates UAE Model for Women’s Empowerment at Global Forum.Ministry of Energy and Infrastructure Showcases Construction Innovations at Big 5 Global.GMC Discusses Role of Media as Catalyst for Positive Parenting.Global Women’s Forum Examines Regional Cooperation’s Impact on Social Development.Ministry of Defence Mourns Loss of Mohammed Ateeq Al Khaili.UAE President Chairs ADNOC Board Meeting to Launch New Energy Investment Company.Theyab bin Mohamed bin Zayed Offers Condolences to Family of Martyr Mohammed Al Khaili.Abu Dhabi Municipality Celebrates 53rd Eid Al Etihad with Festive Activities.Abdullah bin Zayed Engages in Bilateral Talks with Bolivian Foreign Minister.Silal Initiates AgTech Projects in Al Ain with KEZAD Partnership.UAE’s Role in UN Humanitarian Assistance Lauded.Fourth Edition of Spartan World Championship Begins Tomorrow in Al Wathba.Sheikh Zayed Grand Mosque Centre Celebrates Graduation of Al Shabab Al Banie Initiative Trainees.Dubai Municipality Showcases Innovation, Sustainability in Construction Sector at Big 5 Global 2024.Global Media Congress: Charting Path for Responsible AI Adoption.UAE Welcomes Ceasefire Announcement Between Lebanon and Israel.UAE and Brazil Strengthen Ties During G20 Summit in Rio de Janeiro.RAK Energy Summit 2024 Drives Sustainable Energy Dialogue Under Sheikh Saud’s Patronage.Global Media Congress Highlights AI’s Role in Revolutionizing Media Decision-Making.Role of Influential Content in Bypassing Algorithms Discussed in GMC 2024.Global Media Congress Highlights Critical Role of Diversity in Media Production.Saudi Arabia to Host Prestigious UAE President’s Cup Series for Purebred Arabian Horses Tomorrow.Global Women’s Forum 2024: Calls for Equitable Funding for Female Entrepreneurs.Global Women’s Forum Highlights $21 Trillion Boost in Global GDP with Gender Equality.Storytelling Incredibly Powerful Tool for Social Change, Says Former First Lady of Iceland During Global Women’s Forum.Global Women’s Forum: UAE Shines in Women’s Economic Inclusion.Global Women’s Forum Spotlights Role of Women in Science for Societal Benefit.Global Media Congress 2024 Spotlights Emerging Technologies in Creating Digital Content.Global Women’s Forum Highlights Importance of Intentionality and Commitment for Women’s Economic Participation.Latifa bint Mohammed Launches Dubai Photography Museum Project.Global Media Congress 2024 Explores Art of Influential, Interactive Storytelling.Ras Al Khaimah Ruler Opens 2nd RAK Energy Summit.Dubai Culture Celebrates Emirati Creativity with Engaging Workshops and Performances on 53rd Eid Al Etihad.Ajman Ruler Pardons 304 Prisoners Ahead of 53rd Eid Al Etihad.
Sun. Dec 1st, 2024
Trending News: Hamdan bin Mohammed Approves Initiatives to Enhance Dubai’s Innovation and Resilience.RAK Ruler Attends RAKBANK’s Eid Al Etihad Celebrations.Abu Dhabi Heritage Authority Organises Eid Al Etihad Traditional 40ft Rowing Race.Khaled bin Mohamed bin Zayed Chairs Abu Dhabi Executive Council Meeting on Family Growth Programme.ADAFSA Inks Four Strategic Agreements to Enhance Food Security and Agricultural Innovation.Global Media Congress Concludes with Focus on Combating Misinformation on Social Media.Ajman Ruler Inaugurates Exhibition ‘A Glimpse of Zayed National Museum: Preserving Our Rich History’.Global Media Congress Discusses Children’s Wellbeing in Digital Era.Eid Al Etihad Celebration Organising Committee Announces Broadcast Locations and Celebration Zones Across UAE.Global Media Congress Highlights UAE’s Strategic Media Role as Soft Power Mechanism.UAQ Ruler of Umm Pardons Prisoners Ahead of Eid Al Etihad 53.Generative Artificial Intelligence a Transformative Force in Media Sector: CEO of Aization.Fujairah Crown Prince Witnesses Landmark Agreement Between Government and MBRSC.RAK Energy Summit Concludes with Strong Government Commitment to Advance Climate Action.Mohammed bin Rashid Oversees Swearing-In of New DIFC Courts Judges.GMC Panel Discusses Fact-Checking in Disinformation Age.Mansour bin Zayed Commends Sponsors and Partners of Sheikh Zayed Festival.Lulu Launches ‘Al Emarat Awwal’ Initiative to Promote UAE Products.RTA Announces Variable Salik, Parking Tariff System.National Media Office and TRENDS Research Collaborate on AI Media Regulation Study.Gobash Receives Top Russian MP in UAE Visit.Sharjah Ruler Recognizes ICCROM-Sharjah Award Winners for Cultural Heritage Conservation.UAE President Awards First Class Medal of Independence to Uruguayan Ambassador.Noura Al Kaabi Leads UAE Delegation at Global Forum in Portugal.Khalifa University and Lockheed Martin Forge Partnership to Advance Aerospace and Defense Technologies.Mansour bin Zayed Attends Fourth Day of Zayed Grand Camel Race 2024.Sharjah Concludes Successful Participation in Global Media Congress.Sheikh Shakhboot bin Nahyan Al Nahyan Meets Guinea’s Foreign Minister to Strengthen Bilateral Ties.Masdar Completes Acquisition of TERNA ENERGY, Marking Largest Energy Deal on Athens Stock Exchange.UAE Wins Best Operational Field Information Cooperation Award for Seventh Time.Global Media Congress 2024 Concludes in Abu Dhabi, Unites Global Media Leaders.2024 State of Scams in UAE Survey Reveals 65% Scam Awareness.GMC Examines Psychological Influence on Media and Society.Global Media Congress Examines Media Transformation Through Podcasting.Conference of Arab Ministers Adopts Strategic Abu Dhabi Declaration.Global Media Congress Examines Technological Disruption in Media Industry.Global Women’s Forum: UAE Women Leaders Advocate for Tech Skills, Soft Skills in Career Growth.GMC 2024 Highlights AI’s Role in Empowering Youth to Lead Future of Media.Global Media Congress 2024 Highlights Importance of AI-Proofing Media.UAE President Welcomes New Ambassadors at Credential Ceremony.Global Food Security Summit 2024 Concludes with Strategic Focus on Sustainability and Innovation.Somali Minister of Religious Affairs Hails UAE’s Model of Moderate Religious Discourse.Global Media Congress 2024 Explores Shifting Landscape of Media Consumption.ADAFSA Unveils ‘Learning Hub’ to Enhance Agricultural Knowledge and Food Security.Global Media Congress 2024: twofour54 Unveils New Services to Boost Abu Dhabi’s Media Ecosystem.Abu Dhabi Environment Agency and Public Health Centre Initiate Consultation Survey on Air Quality and Noise.ADNOC Unveils XRG: A $80 Billion Investment in Lower-Carbon Energy and Chemicals.Delegation from ‘Union Fortress 10’ Organising Committee Engages Al Ain School Students for Upcoming Military Parade.Dubai CommerCity Unveils Agenda and Speakers for WORLDEF Dubai 2024 Forum.Government Leaders and Industry Experts Highlight Construction’s Role at Big 5 Global’s Opening Day.Sultan bin Ahmed Engages with Key Media Stakeholders at GMC.Saqr Ghobash Engages with Italian Parliamentary Leader to Boost UAE-Italy Cooperation.Fujairah Crown Prince Engages in Diplomatic Discussions with Ambassadors of Vietnam and Denmark.Crown Prince of Fujairah Bids Farewell to Kuwaiti Consul-General.Global Media Congress 2024: NMO Chairman Outlines Comprehensive Vision for Evolution of UAE’s Media Sector.Sharjah Crown Prince Attends Graduation Ceremony at Sharjah Police Science Academy.UAE and Philippines Mark 50 Years of Diplomatic Ties with New Cooperation Agreements.Nahyan Bin Mubarak Highlights Strategic UAE-US Partnership in Promoting Global Peace and Security.UAE and Azerbaijan Sign MoU to Boost Demining Efforts in Karabakh.WAM Strengthens International Media Ties with New Agreements.UAE Media Council Secretary-General Visits Global Media Congress; Commends Innovation, Collaboration.Saud bin Saqr Strengthens Ties with Spanish Ambassador at Al Hamra.GMC 2024 Examines AI’s Role in Predicting Events and Shaping Media.Global Media Congress 2024 Highlights Role of Women, New Standards in Arab Drama.Investopia Announces Fourth Summit in Abu Dhabi with 15 New Strategic Partnerships.Global Media Congress 2024 Tackles Media Safety and Responsibility in Conflict Zones.Pakistan’s First Lady Advocates UAE Model for Women’s Empowerment at Global Forum.Ministry of Energy and Infrastructure Showcases Construction Innovations at Big 5 Global.GMC Discusses Role of Media as Catalyst for Positive Parenting.Global Women’s Forum Examines Regional Cooperation’s Impact on Social Development.Ministry of Defence Mourns Loss of Mohammed Ateeq Al Khaili.UAE President Chairs ADNOC Board Meeting to Launch New Energy Investment Company.Theyab bin Mohamed bin Zayed Offers Condolences to Family of Martyr Mohammed Al Khaili.Abu Dhabi Municipality Celebrates 53rd Eid Al Etihad with Festive Activities.Abdullah bin Zayed Engages in Bilateral Talks with Bolivian Foreign Minister.Silal Initiates AgTech Projects in Al Ain with KEZAD Partnership.UAE’s Role in UN Humanitarian Assistance Lauded.Fourth Edition of Spartan World Championship Begins Tomorrow in Al Wathba.Sheikh Zayed Grand Mosque Centre Celebrates Graduation of Al Shabab Al Banie Initiative Trainees.Dubai Municipality Showcases Innovation, Sustainability in Construction Sector at Big 5 Global 2024.Global Media Congress: Charting Path for Responsible AI Adoption.UAE Welcomes Ceasefire Announcement Between Lebanon and Israel.UAE and Brazil Strengthen Ties During G20 Summit in Rio de Janeiro.RAK Energy Summit 2024 Drives Sustainable Energy Dialogue Under Sheikh Saud’s Patronage.Global Media Congress Highlights AI’s Role in Revolutionizing Media Decision-Making.Role of Influential Content in Bypassing Algorithms Discussed in GMC 2024.Global Media Congress Highlights Critical Role of Diversity in Media Production.Saudi Arabia to Host Prestigious UAE President’s Cup Series for Purebred Arabian Horses Tomorrow.Global Women’s Forum 2024: Calls for Equitable Funding for Female Entrepreneurs.Global Women’s Forum Highlights $21 Trillion Boost in Global GDP with Gender Equality.Storytelling Incredibly Powerful Tool for Social Change, Says Former First Lady of Iceland During Global Women’s Forum.Global Women’s Forum: UAE Shines in Women’s Economic Inclusion.Global Women’s Forum Spotlights Role of Women in Science for Societal Benefit.Global Media Congress 2024 Spotlights Emerging Technologies in Creating Digital Content.Global Women’s Forum Highlights Importance of Intentionality and Commitment for Women’s Economic Participation.Latifa bint Mohammed Launches Dubai Photography Museum Project.Global Media Congress 2024 Explores Art of Influential, Interactive Storytelling.Ras Al Khaimah Ruler Opens 2nd RAK Energy Summit.Dubai Culture Celebrates Emirati Creativity with Engaging Workshops and Performances on 53rd Eid Al Etihad.Ajman Ruler Pardons 304 Prisoners Ahead of 53rd Eid Al Etihad.
Sun. Dec 1st, 2024

CBUAE raises base rate by 5 basis points

ABU DHABI, The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 5 basis points, effective from Thursday, 17th June 2021.

This decision was taken following the US Federal Reserve Board’s yesterday’s announcement to increase the Interest on Excess Reserves (IOER) by 5 basis points. The new Base Rate set by the CBUAE is 15 basis points.

The CBUAE also has decided to maintain the rate applicable to borrowing short-term liquidity from the CBUAE through all standing credit facilities at 50 basis points above the Base Rate.

The Base Rate, which is anchored to the US Federal Reserve’s IOER, signals the general stance of the CBUAE’s monetary policy. It also provides an effective interest rate floor for overnight money market rates.

Source: Emirates News Agency

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