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Dubai News Club > Finance > The strength of the economy absorbs the effect of raising interest on loan demand
Finance

The strength of the economy absorbs the effect of raising interest on loan demand

Press Room
Last updated: 2023/04/06
Press Room
Published: April 6, 2023
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The Central Bank confirmed that the strength of the economy in the UAE absorbs the negative impact of raising interest on the demand for bank loans.

The Central Bank stated, in a recent report, that the credit trends survey for the fourth quarter of…

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558.4 million dirhams in Dubai Taxi revenues in the first quarter
5 global hedge funds intend to establish regional offices in the center
Cancellation or reduction of insurance fees on personal loans after “increasing interest”
1.83 billion dirhams, the volume of real estate transactions in Ajman during October
843.6 million dirhams of “individual” foreign investments in the real estate sector in Abu Dhabi

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