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نداء الوطن
Gulf Central Banks Increase Rates
Central banks in the UAE, Qatar, Bahrain, Saudi Arabia, and Oman have increased interest rates by 25 basis points, in a move aimed at combating inflation and strengthening economic stability. This timing is part of the Gulf governments' efforts to keep pace with global financial developments. This is the second such increase this year, affecting borrowing costs and financing expenses across the region.
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