India has emerged as the leading source of overseas online interest in Dubai's property market, accounting for more than one-fifth of international search traffic over the past three months followed by the UK (13.26%) and Egypt (12.60%), said a top Dubai brokerage.
The Central Bank of Bahrain (CBB) has announced its decision to maintain the overnight deposit interest rate unchanged at 4.25%. This comes following a review by CBB to maintain the kingdom's monetary and financial stability in the light of global financial market developments.
The UAE's Defaulted Debts Settlement Fund, in cooperation with several UAE banks, has waived more than AED834 million ($227.09 million) in interest accrued on loans owed by 2,339 low-income retirees across the country.
