UAE Central Bank's move to raise rates will "increase profitability for banks, lenders" and will help contain inflation: experts - Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

UAE Central Bank’s move to raise rates will “increase profitability for banks, lenders” and will help contain inflation: experts

Given the UAE economy’s impressive recovery from the pandemic, and the significant rise in oil prices, the impact of a rate hike on economic growth could be limited in the near term, experts said