Qatar raises deposit, lending and repo rates by 25 basis points
The deposit rate rose to 4.10%, the lending rate to 4.60% and the repo rate to 4.35%, effective 17 September.
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The deposit rate rose to 4.10%, the lending rate to 4.60% and the repo rate to 4.35%, effective 17 September.
The financing valued the AI inference hardware company at $5 billion and is intended to support its next-generation products.
The transaction comprised a $1 billion five-year tranche and a $2 billion ten-year tranche, priced on September 21.
The two-tranche dollar deal drew orders of about $16.5 billion, according to the National Debt Management Center.
The September 29 session reviewed the IMF policy agenda and preparations for its October annual meetings.
The forum focused on payment-initiation readiness, business adoption and coordination with fintech firms.
The policy rates rose to 4.50% and 4.00%, respectively, under the central bank’s monetary-stability mandate.
The government issuance was divided into six maturity tranches running from 2029 to 2041.
The finance ministry’s account of the rating decision includes the agency’s economic projections and risk assessment.
The planned service would let merchants accept contactless cards and digital wallets on compatible phones.
ADGM said it is investing more than AED 400 million in AI capabilities through 2029.
The committee reviewed regional monetary developments, payment-system connections, supervision, cybersecurity and AML measures.
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