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2026-07-30T13:02:35.000Z

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Arab banks hold rates after Fed decision

The US Federal Reserve's decision to keep interest rates at 3.75% in July 2026 has influenced the decisions of central banks in the Gulf and other Arab countries. The central banks of the UAE, Oman, and Kuwait maintained their rates, while Egypt and Morocco had previously fixed their interest rates. This reflects the continued impact of American monetary policy trends on the region, with ongoing monitoring of inflation and economic growth. The Fed indicated that inflation remains high at 2%, with opinions divided between tightening and easing measures, which in turn affects borrowing costs in dollar-linked Arab markets.

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