{"id":100191,"date":"2025-01-30T00:00:00","date_gmt":"2025-01-30T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/"},"modified":"2025-01-30T00:00:00","modified_gmt":"2025-01-30T00:00:00","slug":"this-morning-cbuae-keeps-rates-unchanged-following-feds-move","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/","title":{"rendered":"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends. <\/strong>We\u2019re nearly at the end of what felt like a long week \u2014 and we have a nice, brisk (albeit macro-heavy) issue to get you through the final push. We have a new growth estimate for the UAE\u2019s GDP this year from Fitch\u2019s BMI, while the Central Bank of the UAE said GDP grew 4% last year. <strong>Plus:<\/strong> We have fresh data on the number of projects awarded last year (falling 9.5%) and on Dubai\u2019s real estate boom in 2024. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a><strong> BUT FIRST- The Central Bank of the UAE kept interest rates unchanged in line with the US Federal <\/strong><strong>Reserve\u2019s move in its meeting yesterday<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/2231.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The base rate applicable to the overnight deposit facility was held at 4.4%, while the interest rate applicable to borrowing short-term liquidity from the CBUAE was kept at 50 bps above the base rate for all standing credit facilities. <strong>We have more on the Fed\u2019s decision in Planet Finance, below.<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>ALSO-<\/strong> <strong>The UAE dominated this year\u2019s ranking of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.theworlds50best.com\/mena\/en\/lists\/1-50\" style=\"\" rel=\"noopener\">Mena\u2019s 50 Best Restaurants<\/a><\/strong>, securing 22 spots. Dubai received the most spots of any city on the list with 19 entries, led by Orfali Bros Bistro once again at the number one spot, Tr\u00e8sind Studio as runner up, and Kinoya coming in third. Abu Dhabi had three entries on the list, with Marmellata Bakery at #29, LPM at #38, and Niri at #50. You can check out the full ranking <a target=\"_blank\" href=\"https:\/\/www.theworlds50best.com\/mena\/en\/lists\/1-50\" style=\"\" rel=\"noopener\">here<\/a> to see if your favorite made the list.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2601\ufe0fWEATHER- Possibly rainy day ahead: <\/strong>The National Center of Meteorology <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/2177.pdf\" style=\"\" rel=\"noopener\">forecasts (pdf)<\/a> partly cloudy conditions, with a chance of light rainfall in northern and eastern areas. Temperatures today will hit 24\u00b0C in Dubai, with an overnight low of 19\u00b0C, and 22\u00b0C in Abu Dhabi, before cooling to an overnight low of 19\u00b0C.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#1- Dubai\u2019s RTA launches tender to develop e-bikes\u2019 battery charging and swapping <\/strong><strong>stations:<\/strong> Investors can now enroll in a tender launched by Dubai\u2019s Roads and Transport Authority (RTA) for the construction of battery charging and swapping stations for electric bikes operating in the delivery sector, the authority said in a <a target=\"_blank\" href=\"https:\/\/www.rta.ae\/wps\/portal\/rta\/ae\/home\/news-and-media\/all-news\/NewsDetails\/inviting-companies-to-tender-for-e-bike-battery-charging-and-swapping-stations\" style=\"\" rel=\"noopener\">statement<\/a>. The move aims to incentivize delivery companies to add more e-bikes to their fleets. Dubai currently has over 40k e-bikes in operation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Both <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f615911c-a950-4f8c-9e43-a8e12646b6cb\/emirates-nbd-dually-lists-usd-500-mn-bond-on-nasdaq-and-euronext-dublin\" style=\"\" rel=\"noopener\">Flyby and Enoc<\/a> partnered with Drive Terra last month to set up battery-swapping stations for e-bikes and e-scooters.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>#2- Some 62 hotels (16.7k rooms) are currently under construction in the UAE<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-01-28\/%D9%83%D9%88%D8%B3%D8%AA%D8%A7%D8%B1-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%B4%D9%87%D8%AF-%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-25-%D9%81%D9%86%D8%AF%D9%82%D8%A7%D9%8B-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A7%D9%8B-%D8%AE%D9%84%D8%A7%D9%84-2024\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\" style=\"\" rel=\"noopener\">Khaleej<\/a><a target=\"_blank\" href=\"https:\/\/www.alkhaleej.ae\/2025-01-28\/%D9%83%D9%88%D8%B3%D8%AA%D8%A7%D8%B1-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%B4%D9%87%D8%AF-%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-25-%D9%81%D9%86%D8%AF%D9%82%D8%A7%D9%8B-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A7%D9%8B-%D8%AE%D9%84%D8%A7%D9%84-2024\/%D8%A3%D8%B3%D9%88%D8%A7%D9%82-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\" style=\"\" rel=\"noopener\">Times<\/a> reports, citing data from US-based real estate analytics company CoStar. Meanwhile, 38 hotels (9k rooms) are in the planning phase, with an additional seven hotels (1.3k rooms) in final planning, CoStar said. In 2024, the country added 25 new hotels with 4.9k rooms.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN CONTEXT-<\/strong> The rise in hospitality developments comes as the country aims to raise the tourism sector's contribution to the GDP to AED 450 bn and attract 40 mn guests to its hotels under the National Tourism Strategy 2031.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Mubadala-owned Spanish oil player Moeve is moving ahead with its flagship green <\/strong><strong>hydrogen project,<\/strong> after Spain opted not to extend an energy windfall tax that had stalled investments, CEO Maarten Wetselaar told <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/environment\/spains-moeve-set-start-work-green-hydrogen-plant-this-year-2025-01-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. The company, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/f24d7fed-e46d-49f2-b102-e41c95d219c0\/this-morning:-adgm-proposes-tightened-banking-regs-%2B-ewec-receives-proposals-for-khazna-solar-plant\" style=\"\" rel=\"noopener\">formerly known as Cepsa<\/a>, plans to invest up to EUR 8 bn in low-carbon energy, with its first 400 MW hydrogen plant in Huelva set for completion by 2027 and a 2 GW target for 2030. Wetselaar called the tax decision a \u201cresponsible\u201d move that will encourage industry investment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moeve likes Europe for investment: <\/strong>\u201cWe continue to see the south of Spain as the best place in Europe to make green hydrogen,\u201d Wetselaar added, citing strong demand from Europe as it moves away from Russian energy imports. The region has a broader target to produce 10 mn metric tons of renewable hydrogen by 2030.<\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/www.instagram.com\/enterpriseam.official\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/2088.gif?ssl=1\"><\/a> <\/p>\n<p class=\"tag-border-left\">DATA POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The GCC\u2019s total trade volume is projected to reach USD 2.3 tn by 2033, growing at an <\/strong><strong>average annual rate of 5.5%<\/strong>, Boston Consulting Group (BCG) estimates, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/en\/press-release\/research-and-studies\/gcc-trade-set-to-grow-55-annually-through-2033-with-total-trade-volume-reaching-23trln-bcg-report-finds-kd59nbx7\" style=\"\" rel=\"noopener\">press release<\/a>. Meanwhile, the bloc\u2019s non-oil trade is expected to expand at 3.5% annually, backed by strong economic diversification efforts, the US consulting firm added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China + Japan main forces behind GCC trade growth:<\/strong> BCG pegs China as the biggest trading partner at an estimated USD 88 bn, a 5.7% CAGR, right above Japan at an estimated USD 46 bn (9.4% CAGR). The GCC is also well-positioned to capitalize on the rising influence of the Global South as trade between developing nations is projected to grow by USD 673 bn by 2033, the group said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What more can the GCC do to build trade resilience? <\/strong>BCG urged GCC businesses to diversify supply chain sources, enhance geopolitical capabilities, and expand into high-growth markets like India and China.<\/p>\n<p class=\"tag-border-left\"> HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.arabhealthonline.com\/en\/Home.html\" style=\"\" rel=\"noopener\">Arab Health<\/a><\/strong><strong> \u2014 which has rebranded to World Health Expo \u2014 is on its fourth and final day<\/strong> at the Dubai World Trade Center. The annual healthcare exhibit gathers over 3.8k companies, with the goal of showcasing the latest tech solutions to challenges in the healthcare sector. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong><a target=\"_blank\" href=\"https:\/\/www.jewelsofemirates.ae\/\" style=\"\" rel=\"noopener\">Jewels<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.jewelsofemirates.ae\/\" style=\"\" rel=\"noopener\">of Emirates Show<\/a><\/strong><strong> is running at Expo Center Sharjah until Sunday. <\/strong>The annual jewelry exhibition features 160 exhibitors and over 500 brands, showcasing diamonds, gold, silver, pearls, and luxury watches from local and international designers. Collections come from countries like UAE, Qatar, Saudi Arabia, Lebanon, Italy, Thailand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- The <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.shiptekmaritimeevents.com\/dubai-2025\/\" style=\"\" rel=\"noopener\">ShipTek International Conference<\/a><\/strong><strong> wraps up in Dubai today after kicking off <\/strong><strong>yesterday<\/strong>. The two-day event brings together industry heavyweights\u2014including Hapag-Lloyd MD Carolin Stumm, Adani Ports CEO Nicolai Friis, and others\u2014to talk maritime tech and industry developments.<\/p>\n<p class=\"tag-border-left\"> THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AI is on everyone\u2019s minds this morning after Meta and Microsoft reported their earnings <\/strong><strong>for 2024<\/strong>, and as the DeepSeek craze continues.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> #1- Meta\u2019s shares rebounded on CEO Mark Zuckerberg\u2019s comments that Meta AI will become the most widely used AI in the industry this year<\/strong>, despite the company giving a disappointing sales forecast that had weighed on the stock earlier. The question now is again whether the company\u2019s AI investments will pay off \u2014 especially after Chinese AI startup DeepSeek proved it is possible to create an AI model with a fraction of the cost. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-29\/meta-says-current-quarter-sales-will-fall-short-of-estimates?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/01\/29\/meta-q4-earnings-report-2024.html\" style=\"\" rel=\"noopener\">CNBC<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Speaking of DeepSeek, OpenAI said it has found evidence that the Chinese AI startup used its proprietary models to train its own large-language model<\/strong>, according to the Financial Times. Meanwhile, US President Donald Trump is looking at ways to further curb chip exports from Nvidia to China, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-29\/trump-officials-discuss-tightening-curbs-on-nvidia-china-sales?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Microsoft\u2019s shares tumbled 5% in afterhours trading after the tech giant reported slower growth than expected for its cloud business<\/strong>, despite the company beating revenue estimates. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/ai\/microsoft-msoft-q2-earnings-report-2025-69fc9ae7?mod=hp_lead_pos4\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.barrons.com\/articles\/microsoft-earnings-stock-price-today-025172dd\" style=\"\" rel=\"noopener\">Barron\u2019s<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In other earnings news, Tesla\u2019s shares also rebounded on an optimistic forecast for growth in 2025<\/strong>, despite missing estimates for the fourth quarter of 2024. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-29\/tesla-fourth-quarter-profit-misses-wall-street-s-estimates?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.cnn.com\/2025\/01\/29\/business\/tesla-earnings\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>OVER IN THE US, the White House revoked its freeze of federal aid <\/strong>due to legal challenges, though the administration still plans to cut spending to programs opposed by Trump. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/white-house-revokes-spending-freeze-face-legal-challenges-2025-01-29\/\" style=\"\" rel=\"noopener\">Reuters<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND IN SYRIA- The Syrian rebel group that ousted Bashar al Assad named its leader Ahmed Al Sharaa as the country\u2019s new president <\/strong>for a transitional period, after the group dissolved the parliament, the military, and constitution. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-29\/syrian-rebels-name-new-president-and-dissolve-constitution?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2025\/01\/29\/world\/middleeast\/syria-leader-al-shara-government.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/syria-president-rebel-bashar-assad-54f1f042c887c613d82a33a20e1d71a7\" style=\"\" rel=\"noopener\">AP<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Former US Senator Bob Menendez was sentenced to 11 years in prison<\/strong> after being found guilty in a corruption case that saw him act as a foreign agent for Egypt. (<a href=\"https:\/\/www.ft.com\/content\/315aaa4f-5344-47e7-b031-b357a8050b3a\" target=\"_blank\" rel=\"noopener\">FT<\/a>)<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You\u2019re reading EnterpriseAM UAE<\/strong>, your essential daily roundup of business, economics, and must-read news about the UAE, delivered straight to your inbox. We\u2019re out Monday through Friday by 7am UAE time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM UAE is available without charge <\/strong>thanks to the generous support of our friends at Mashreq.&nbsp;<a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a><span style=\"background-color: transparent;\"> to get your own copy of EnterpriseAM UAE.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to send us a story idea, request coverage, ask for a correction, or otherwise get in touch? <\/strong>Reach out to us on  <a target=\"_blank\" href=\"mailto:UAE@enterpriseAM.com\" style=\"\" rel=\"noopener\">UAE@enterpriseAM.com<\/a> .<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU KNOW that we also cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\" style=\"\" rel=\"noopener\">Egypt<\/a><\/strong><strong>, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>,<\/strong> and the MENA <a target=\"_blank\" href=\"https:\/\/enterprise.news\/climate\/en\" style=\"\" rel=\"noopener\">climate<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\" style=\"\" rel=\"noopener\">logistics<\/a> industries?<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">***<\/p>\n<p class=\"tag-border-left\"> CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The UAE-Kuwait Week will take place between 3-4 February<\/strong> in Dubai, featuring investment conferences, panel discussions on economic development, and B2B meetings. Attendees will explore opportunities for collaboration in emerging industries, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/article\/bhunn2g-uae-kuwait-week-launch-dubai-february\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Dubai\u2019s RTA launches tender to develop e-bikes\u2019 battery charging and swapping stations<\/p>\n","protected":false},"author":1,"featured_media":100192,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1543],"tags":[157,19,7,194,477,331,387,1334,1367,6],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-100191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-central-bank-of-the-uae","tag-economy","tag-enterpriseam-uae","tag-evs","tag-hospitality","tag-interest-rates","tag-tourism","tag-trade","tag-transport","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"67049ab0-2e90-4570-b0ee-788bd5f7affb","order":"2","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/9\/1532.jpg","photo_position":"above","homepage_title":"","full_issue_title":"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move","related_issue":[100189],"teaser":"Plus: Dubai\u2019s RTA launches tender to develop e-bikes\u2019 battery charging and swapping stations","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.8797812f-5391-48b1-9861-cada5687e844.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move\" \/>\n<meta property=\"og:description\" content=\"Plus: Dubai\u2019s RTA launches tender to develop e-bikes\u2019 battery charging and swapping stations\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-30T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move\",\"datePublished\":\"2025-01-30T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/\"},\"wordCount\":1417,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Central Bank of the UAE\",\"Economy\",\"EnterpriseAM UAE\",\"EVs\",\"hospitality\",\"interest rates\",\"tourism\",\"trade\",\"transport\",\"WHAT WE\u2019RE TRACKING TODAY\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/\",\"name\":\"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-01-30T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move","og_description":"Plus: Dubai\u2019s RTA launches tender to develop e-bikes\u2019 battery charging and swapping stations","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/","og_site_name":"UAE","article_published_time":"2025-01-30T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move","datePublished":"2025-01-30T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/"},"wordCount":1417,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1","keywords":["Central Bank of the UAE","Economy","EnterpriseAM UAE","EVs","hospitality","interest rates","tourism","trade","transport","WHAT WE\u2019RE TRACKING TODAY"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/","name":"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1","datePublished":"2025-01-30T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/01\/30\/this-morning-cbuae-keeps-rates-unchanged-following-feds-move\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: CBUAE keeps rates unchanged following Fed\u2019s move"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1532.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/100191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=100191"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/100191\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/100189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/100192"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=100191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=100191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=100191"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=100191"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=100191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}