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Why UAE, Saudi, Qatari banks are giving out more loans at lower interest rates

Why are banks in the UAE, Saudi Arabia and Qatar lending more — and doing it cheaper? Falling interest rates across the Gulf are driving a sharp rise in loan activity, with major lenders like Emirates NBD, First Abu Dhabi Bank (FAB), and Saudi Arabia’s Al Rajhi Bank reporting double-digit…

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Click here to read the full story: Gulf News

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