{"id":29711,"date":"2025-09-18T13:55:09","date_gmt":"2025-09-18T13:55:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/29711\/"},"modified":"2025-09-18T13:55:09","modified_gmt":"2025-09-18T13:55:09","slug":"how-fed-cuts-will-shape-gulf-spending-from-credit-cards-to-corporate-debt","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/29711\/","title":{"rendered":"How Fed cuts will shape Gulf spending, from credit cards to corporate debt"},"content":{"rendered":"

The US interest rate cut<\/a> on Wednesday means lower borrowing costs<\/a>, more disposable income and a boost to spending across the US dollar-pegged economies in the Gulf and the Middle East.<\/p>\n

Sectors such as property, construction, retail, automotive, tourism and hospitality are expected to benefit, as consumer confidence and discretionary spending improve, analysts say. <\/p>\n

However, the scale of the trickledown effect from the rate cuts will vary, depending on fiscal buffers and the fundamental strength of respective economies in the region. <\/p>\n

\u201cFor consumers, a rate cut recalibrates financial behaviour by altering incentives for saving and spending,\u201d Daniel Takieddine, co-founder and chief executive of Sky Links Capital Group, said. <\/p>\n

\u201cWith returns on savings accounts diminished, the impetus to save weakens, while lower borrowing costs for mortgages, auto loans and personal credit make spending more attractive.” <\/p>\n

The shift is expected to drive consumption and boost spending, especially on big-ticket items such as cars and homes and will also improve consumer sentiment.<\/p>\n

\u201cFeeling more optimistic about the economy and their personal finances, households are more likely to increase discretionary spending,\u201d Mr Takieddine added. <\/p>\n

\u201cFor those with existing variable-The US Federal Reserve entering a new cycle of interest rate cuts has direct implications for most Gulf economies as well as for Jordan whose currencies are tied to the US dollar. Their central banks typically mirror the Fed’s moves in their monetary policy stance.<\/p>\n

The Fed cut US interest rates<\/a> by 25 basis points on Wednesday amid concerns over the strength of the labour market in the world’s largest economy. The rate-setting Federal Open Market Committee has lowered the benchmark rate to a range of 4 per cent to 4.25 per cent. <\/p>\n

The Fed’s quarter-point rate cut, the first since President Donald Trump resumed office in January, was widely expected by markets, traders and investors. <\/p>\n

The UAE Central Bank, which follows Fed decisions, also reduced rates<\/a> by 25 basis points after the announcement. The banking regulator said it would cut the base rate applied to its overnight deposit window by 25 basis points to 4.15 per cent, from 4.40, effective from Thursday.<\/p>\n

Analysts say lower interest rates tend to stimulate economic activity, as consumers and companies can borrow at lower rates for purchases and investment, which drives consumption and economic growth. <\/p>\n

New forecasts released by the Fed showed the central bank projects to cut rates by another 50 basis points this year, which would lower the federal funds rate to about 3.6 per cent in December.<\/p>\n

Upbeat consumer sentiment<\/p>\n

A drop in policy rates in the Gulf is a boon for consumers whose credit card debt and personal loans would carry lower interest. <\/p>\n

Vijay Valecha, chief investment officer at Century Financial, said it will not only free up cash but it also means cheaper mortgage rates, which would encourage people to buy homes. <\/p>\n

Demand for residential and commercial properties is set to increase, which is a good sign for the property market, said Shivam Dubey, associate partner of mortgage advisory at Youae Mortgages.<\/p>\n

The market could experience increased activity and the \u201cheightened demand could support property prices and stimulate overall market growth\u201d, he said. <\/p>\n

Because lower interest rates may discourage traditional saving, some homeowners may invest in renovations that enhance their property’s value, he added. <\/p>\n

For developers, lower global and regional borrowing costs reduce the financial burden of project financing and refinancing, according to a report by ValuStrat. <\/p>\n

Cheaper debt makes it easier to service existing loans, fund new construction and explore redevelopment projects. <\/p>\n

“Developers with strong balance sheets will be best positioned to take advantage of this environment, especially in prime locations where demand is resilient,” the report said. “However, while financing costs may ease, underlying fundamentals such as oversupply and demand shifts still determine project viability.” <\/p>\n

The retail sector is expected to be the biggest beneficiary of a rate cut and subsequent rise in consumption as customer confidence grows. <\/p>\n

Spending on durable goods, cars and luxury items is set to rise as lower loan servicing costs free up cash, Hamza Dweik, head of trading for Middle East and North Africa at Saxo Bank, said.<\/p>\n

In Jordan, where household debt levels are more sensitive to interest rate changes, a Fed cut may offer \u201cmeaningful relief\u201d, improve consumer sentiment and boost domestic consumption, he added. <\/p>\n

Improved investment opportunities<\/p>\n

Lower interest rates not only bring relief for households, they also ease financial pressure on governments and the corporate sector, analysts say. <\/p>\n

The move will stimulate state investments, especially in non-oil sectors, and support governments’ fiscal expansion efforts. <\/p>\n

For businesses in the Gulf, lower interest rates would help companies gain easier access to capital, potentially reigniting momentum in property and infrastructure development, Mr Dweik said.<\/p>\n

Banks may record a \u201cslight compression\u201d in net interest margins but this may be offset by higher lending volumes and better asset quality, he added.<\/p>\n

\u201cInvestment flows might shift away from fixed-income instruments towards equities and real estate, as lower rates reduce returns on traditional savings,\u201d Mr Dweik added. <\/p>\n

Deposit rates would also probably fall, encouraging people to explore alternative asset classes, including stocks and cryptocurrencies, he said.<\/p>\n

‘Tailwind’ for Gulf economies<\/p>\n

From a macroeconomic perspective, the rate cut is a positive development for the UAE as well its peers in the Gulf, according to analysts. <\/p>\n

The strong gross domestic product and foreign reserves of the UAE, the Arab world’s second largest economy, mean the country has \u201cample capacity to absorb and transmit the benefits of easier financial conditions\u201d, Mr Valecha said.<\/p>\n

In the Gulf, central banks collectively hold more than $760 billion in foreign assets, providing substantial external buffers, which means lower policy rates can effectively reduce sovereign and corporate refinancing costs, and support diversification programmes such as Saudi Vision 2030 and the UAE\u2019s industrial sector growth strategy, he added. <\/p>\n

While Jordan will benefit from the rate cut, it faces fundamental constraints because of its high public debt ratio of nearly 117 per cent of GDP.<\/p>\n

\u201cFiscal pressures and elevated debt servicing mean less room for government spending to complement monetary easing,\u201d Mr Valecha said.<\/p>\n

\u201cNonetheless, households and small businesses would benefit from lower borrowing costs on loans and mortgages, easing financial stress in an economy where private consumption makes up more than 80 per cent of GDP.\u201d<\/p>\n

Jordan will have \u201cmodest relief\u201d compared to Gulf countries but that is still important for sustaining domestic demand. <\/p>\n

\u201cOverall, a Fed cut would act as a tailwind, lifting growth, confidence, and investment across the UAE and GCC, while offering Jordan a measure of relief against tighter fiscal realities,\u201d Mr Valecha said.<\/p>\n

Inflation growth in the region, particularly in the UAE, has also remained muted in past several quarters, which also encourages higher consumer spending.<\/p>\n

Inflation in the UAE stood at 1.4 per cent in the first quarter of 2025 and the central bank has slightly revised down its inflation forecast for 2025 to 1.9 per cent from 2 per cent. <\/p>\n

The CBUAE has also lowered its inflation estimate for 2026 to 1.9 per cent from 2.1 per cent.<\/p>\n

\u201cThe inflation trend in the region has been benign, with interest rates higher than required,\u201d Monica Malik, chief economist at Abu Dhabi Commercial Bank, said. <\/p>\n

\u201cAs such, the expected rate cuts will be positive for sentiment, consumption activity and credit demand. The lower rates will also be welcome for the corporate segment,\u201d she added. <\/p>\n

The rate cut may help counteract \u201cglobal disinflationary pressures and support domestic demand\u201d without significantly stoking consumer prices in the Gulf region, Mr Dweik said.<\/p>\n

\u201cA weaker dollar, typically associated with Fed easing, might also support oil prices, benefiting GCC exporters,\u201d he added. \u201cHowever, volatility in energy markets remains a risk, especially as global demand patterns evolve.\u201d <\/p>\n

While the Fed rate cuts will have positive implications for the dollar-pegged economies of the region, it does raise questions about the syncing of business cycles in the US compared to the Gulf. <\/p>\n

“Clearly fed cuts automatically translate into an easing of financial conditions in pegged economies, which is pro-growth and therefore good news for most sectors,” Farouk Soussa, Mena economist at Goldman Sachs, said.<\/p>\n

“But it does raise questions of whether a one size fits all monetary policy is appropriate if business cycles in the GCC and the US are out of sync.”<\/p>\n

An example of this is the housing sector, where valuations are rising steeply in the UAE, for example, and rents rising sharply in Saudi, he said.<\/p>\n

“A cut in rates potentially inflates prices even more in these markets, which may not necessarily be welcome.” <\/p>\n

Killing of Qassem SuleimaniUAE currency: the story behind the money in your pocketsKilling of Qassem SuleimaniMost sought after workplace benefits in the UAE
\nFlexible work arrangements
\nPension support
\nMental well-being assistance
\nInsurance coverage for optical, dental, alternative medicine, cancer screening
\nFinancial well-being incentives\u00a0
\nMore from Neighbourhood Watch:BUNDESLIGA FIXTURES<\/p>\n

Saturday, May 16\u00a0(kick-offs UAE time)<\/p>\n

Borussia Dortmund v Schalke (4.30pm)\u00a0
RB Leipzig v Freiburg (4.30pm)\u00a0
Hoffenheim v Hertha Berlin\u00a0(4.30pm)\u00a0
Fortuna Dusseldorf v Paderborn\u00a0 (4.30pm)\u00a0
Augsburg v Wolfsburg (4.30pm)\u00a0
Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)<\/p>\n

Sunday, May 17<\/p>\n

Cologne v Mainz (4.30pm),
Union Berlin v Bayern Munich (7pm)<\/p>\n

Monday, May 18<\/p>\n

Werder Bremen v Bayer Leverkusen (9.30pm)<\/p>\n

More from Rashmee Roshan LallMore on animal traffickingKilling of Qassem SuleimaniWhat is dialysis?<\/p>\n

Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.<\/p>\n

It gets rid of your body’s wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.<\/p>\n

There are two kinds of dialysis \u2014 haemodialysis and peritoneal.<\/p>\n

In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.<\/p>\n

In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.<\/p>\n

It isn\u2019t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.<\/p>\n

Story%20behind%20the%20UAE%20flag<\/p>\n

%3Cp%3EThe%20UAE%20flag%20was%20first%20unveiled%20on%20December%202%2C%201971%2C%20the%20day%20the%20UAE%20was%20formed.%C2%A0%3C%2Fp%3E%0A%3Cp%3EIt%20was%20designed%20by%20Abdullah%20Mohammed%20Al%20Maainah%2C%2019%2C%20an%20Emirati%20from%20Abu%20Dhabi.%C2%A0%3C%2Fp%3E%0A%3Cp%3EMr%20Al%20Maainah%20said%20in%20an%20interview%20with%20%3Cem%3EThe%20National%3C%2Fem%3E%20in%202011%20he%20chose%20the%20colours%20for%20local%20reasons.%C2%A0%3C%2Fp%3E%0A%3Cp%3EThe%20black%20represents%20the%20oil%20riches%20that%20transformed%20the%20UAE%2C%20green%20stands%20for%20fertility%20and%20the%20red%20and%20white%20colours%20were%20drawn%20from%20those%20found%20in%20existing%20emirate%20flags.%3C%2Fp%3E%0A<\/p>\n

More from Neighbourhood Watch:UEFA CHAMPIONS LEAGUE FIXTURES<\/p>\n

All kick-off times 10.45pm UAE ( 4 GMT) unless stated<\/p>\n

Tuesday
Sevilla v Maribor
Spartak Moscow v Liverpool
Manchester City v Shakhtar Donetsk
Napoli v Feyenoord
Besiktas v RB Leipzig
Monaco v Porto
Apoel Nicosia v Tottenham Hotspur
Borussia Dortmund v Real Madrid<\/p>\n

Wednesday
Basel v Benfica
CSKA Moscow Manchester United
Paris Saint-Germain v Bayern Munich
Anderlecht v Celtic
Qarabag v Roma (8pm)
Atletico Madrid v Chelsea
Juventus v Olympiakos
Sporting Lisbon v Barcelona<\/p>\n

2025 Fifa Club World Cup groups<\/p>\n

Group A: Palmeiras, Porto, Al Ahly, Inter Miami.<\/p>\n

Group B: Paris Saint-Germain, Atletico Madrid, Botafogo, Seattle.<\/p>\n

Group C: Bayern Munich, Auckland City, Boca Juniors, Benfica.<\/p>\n

Group D: Flamengo, ES Tunis, Chelsea, Leon.<\/p>\n

Group E: River Plate, Urawa, Monterrey, Inter Milan.<\/p>\n

Group F: Fluminense, Borussia Dortmund, Ulsan, Mamelodi Sundowns.<\/p>\n

Group G: Manchester City, Wydad, Al Ain, Juventus.<\/p>\n

Group H: Real Madrid, Al Hilal, Pachuca, Salzburg.<\/p>\n

Killing of Qassem SuleimaniFeeding the thousands for iftar<\/p>\n

Six industrial scale vats of 500litres\u00a0each are used to cook the kanji or broth\u00a0<\/p>\n

Each vat contains kanji or porridge to feed 1,000 people<\/p>\n

The rice porridge is poured into a 500ml plastic box<\/p>\n

350 plastic tubs are placed in one container trolley<\/p>\n

Each aluminium container trolley weighing 300kg is unloaded by a small crane fitted on a truck<\/p>\n

The\u00a0five\u00a0pillars\u00a0of\u00a0IslamKey figures in the life of the fort<\/p>\n

Sheikh Dhiyab bin Isa (ruled 1761-1793) Built Qasr Al Hosn as a watchtower to guard over the only freshwater well on Abu Dhabi island.<\/p>\n

Sheikh Shakhbut bin Dhiyab (ruled 1793-1816) Expanded the tower into a small fort and transferred his ruling place of residence from Liwa Oasis to the fort on the island.<\/p>\n

Sheikh Tahnoon bin Shakhbut (ruled 1818-1833) Expanded Qasr Al Hosn further as Abu Dhabi grew from a small village of palm huts to a town of more than 5,000 inhabitants.<\/p>\n

Sheikh Khalifa bin Shakhbut (ruled 1833-1845) Repaired and fortified the fort.<\/p>\n

Sheikh Saeed bin Tahnoon (ruled 1845-1855) Turned Qasr Al Hosn into a strong two-storied structure.<\/p>\n

Sheikh Zayed bin Khalifa (ruled 1855-1909) Expanded Qasr Al Hosn further to reflect the emirate’s increasing prominence.<\/p>\n

Sheikh Shakhbut bin Sultan (ruled 1928-1966) Renovated and enlarged Qasr Al Hosn, adding a decorative arch and two new villas.<\/p>\n

Sheikh Zayed bin Sultan (ruled 1966-2004) Moved the royal residence to Al Manhal palace and kept his diwan at Qasr Al Hosn.<\/p>\n

Sources: Jayanti Maitra, www.adach.ae<\/a><\/p>\n

Tips on buying property during a pandemic<\/p>\n

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today’s market.<\/p>\n

While many have been quick to call a market collapse, this simply isn\u2019t what we\u2019re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.<\/p>\n

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar.\u00a0<\/p>\n

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.<\/p>\n

Attractive investment property can be hard to find\u00a0amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn\u2019t be an issue.<\/p>\n

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities.\u00a0<\/p>\n

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong.\u00a0<\/p>\n

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.<\/p>\n

Read more about the coronavirusZayed Sustainability PrizeThe specs<\/p>\n

Engine: Dual 180kW and 300kW front and rear motors<\/p>\n

Power: 480kW<\/p>\n

Torque: 850Nm<\/p>\n

Transmission: Single-speed automatic<\/p>\n

Price: From Dh359,900 ($98,000)<\/p>\n

On sale: Now<\/p>\n

About Housecall<\/p>\n

Date started:\u00a0July 2020<\/p>\n

Founders:\u00a0Omar and\u00a0Humaid Alzaabi<\/p>\n

Based:\u00a0Abu Dhabi<\/p>\n

Sector:\u00a0HealthTech<\/p>\n

# of staff: 10<\/p>\n

Funding to date:\u00a0Self-funded<\/p>\n

F1 The Movie<\/p>\n

Starring: Brad Pitt, Damson Idris, Kerry Condon, Javier Bardem<\/p>\n

Director: Joseph Kosinski<\/p>\n

Rating: 4\/5<\/p>\n

UAE SQUAD<\/p>\n

Ali Khaseif, Mohammed Al Shamsi, Fahad Al Dhanhani, Khalid Essa, Bandar Al Ahbabi, Salem Rashid, Shaheen Abdulrahman, Khalifa Al Hammadi, Mohammed Al Attas, Walid Abbas, Hassan Al Mahrami, Mahmoud Khamis, Alhassan Saleh, Ali Salmeen, Yahia Nader, Abdullah Ramadan, Majed Hassan, Abdullah Al Naqbi, Fabio De Lima, Khalil Al Hammadi, Khalfan Mubarak, Tahnoun Al Zaabi, Muhammed Jumah, Yahya Al Ghassani, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri<\/p>\n

%E2%80%98White%20Elephant%E2%80%99<\/p>\n

%3Cp%3E%3Cstrong%3EDirector%3A%3C%2Fstrong%3E%20Jesse%20V%20Johnson%3Cbr%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Michael%20Rooker%2C%20Bruce%20Willis%2C%20John%20Malkovich%2C%20Olga%20Kurylenko%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%203%2F5%3C%2Fp%3E%0A<\/p>\n

KILLING OF QASSEM SULEIMANI<\/p>\n

Profile of MoneyFellows<\/p>\n

Founder: Ahmed Wadi<\/p>\n

Launched: 2016<\/p>\n

Employees: 76<\/p>\n

Financing stage: Series A ($4 million)<\/p>\n

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund<\/p>\n

Zayed Sustainability PrizeSPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)<\/p>\n

%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M3%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%2FUSB-4%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206E%2C%20Bluetooth%205.3%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Midnight%2C%20silver%2C%20space%20grey%2C%20starlight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%2F35W%20dual-port%2F70w%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%2C%202%20Apple%20stickers%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C599%3C%2Fp%3E%0A<\/p>\n

What are the influencer academy modules?
\nMastery of audio-visual content creation.\u00a0
\nCinematography, shots and movement.
\nAll aspects of post-production.
\nEmerging technologies and VFX with AI and CGI.
\nUnderstanding of marketing objectives and audience engagement.
\nTourism industry knowledge.
\nProfessional ethics.
\nThe nine articles of the 50-Year Charter<\/p>\n

1. Dubai silk road<\/p>\n

2.\u00a0 A geo-economic map for Dubai<\/p>\n

3. First virtual commercial city<\/p>\n

4. A central education file for every citizen<\/p>\n

5. A doctor to every citizen<\/p>\n

6. Free economic and creative zones in universities<\/p>\n

7. Self-sufficiency in Dubai homes<\/p>\n

8. Co-operative companies in various sectors<\/p>\n

\u00ad9: Annual growth in philanthropy<\/p>\n

UAE currency: the story behind the money in your pocketsMore from Neighbourhood WatchVolvo ES90 Specs<\/p>\n

Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)<\/p>\n

Power: 333hp, 449hp, 680hp<\/p>\n

Torque: 480Nm, 670Nm, 870Nm<\/p>\n

On sale: Later in 2025 or early 2026, depending on region<\/p>\n

Price: Exact regional pricing TBA<\/p>\n

WandaVision<\/p>\n

Starring:\u00a0Elizabeth Olsen, Paul Bettany<\/p>\n

Directed by:\u00a0Matt Shakman<\/p>\n

Rating: Four stars<\/p>\n

More coverage from the Future ForumCricket\u00a0World\u00a0Cup\u00a0League\u00a02\u00a0Fixtures<\/p>\n

Saturday\u00a0March\u00a05,\u00a0UAE\u00a0v\u00a0Oman,\u00a0ICC\u00a0Academy (all\u00a0matches\u00a0start\u00a0at\u00a09.30am)<\/p>\n

Sunday\u00a0March\u00a06,\u00a0Oman\u00a0v\u00a0Namibia,\u00a0ICC\u00a0Academy<\/p>\n

Tuesday\u00a0March\u00a08,\u00a0UAE\u00a0v\u00a0Namibia,\u00a0ICC\u00a0Academy<\/p>\n

Wednesday\u00a0March\u00a09,\u00a0UAE\u00a0v\u00a0Oman,\u00a0ICC\u00a0Academy<\/p>\n

Friday\u00a0March\u00a011,\u00a0Oman\u00a0v\u00a0Namibia,\u00a0Sharjah\u00a0Cricket\u00a0Stadium<\/p>\n

Saturday\u00a0March\u00a012,\u00a0UAE\u00a0v\u00a0Namibia,\u00a0Sharjah\u00a0Cricket\u00a0Stadium<\/p>\n

UAE\u00a0squad<\/p>\n

Ahmed\u00a0Raza (captain),\u00a0Chirag\u00a0Suri,\u00a0Muhammad\u00a0Waseem,\u00a0CP\u00a0Rizwan,\u00a0Vriitya\u00a0Aravind,\u00a0Asif\u00a0Khan,\u00a0Basil\u00a0Hameed,\u00a0Rohan\u00a0Mustafa,\u00a0Kashif\u00a0Daud,\u00a0Zahoor\u00a0Khan,\u00a0Junaid\u00a0Siddique,\u00a0Karthik\u00a0Meiyappan,\u00a0Akif\u00a0Raja,\u00a0Rahul\u00a0Bhatia<\/p>\n

TO A LAND UNKNOWN<\/p>\n

Director: Mahdi Fleifel<\/p>\n

Starring: Mahmoud Bakri, Aram Sabbah, Mohammad Alsurafa<\/p>\n

Rating: 4.5\/5<\/p>\n

JAPANESE GRAND PRIX INFO<\/p>\n

Schedule (All times UAE)
First practice: Friday, 5-6.30am
Second practice: Friday, 9-10.30am
Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
Race: Sunday, 9am-midday\u00a0<\/p>\n

Race venue: Suzuka International Racing Course
Circuit Length: 5.807km
Number of Laps: 53
Watch live: beIN Sports HD<\/p>\n

Company%20Profile<\/p>\n

%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Hoopla%3Cbr%3E%3Cstrong%3EDate%20started%3A%20%3C%2Fstrong%3EMarch%202023%3Cbr%3E%3Cstrong%3EFounder%3A%3C%2Fstrong%3E%20Jacqueline%20Perrottet%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2010%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3EPre-seed%3Cbr%3E%3Cstrong%3EInvestment%20required%3A%3C%2Fstrong%3E%20%24500%2C000%3C%2Fp%3E%0A<\/p>\n

Australia men’s Test cricket fixtures 2021\/22<\/p>\n

One-off Test v Afghanistan:
Nov 27-Dec 1: Blundstone Arena, Hobart<\/p>\n

The Ashes v England:
Dec 8-12: 1st Test, Gabba, Brisbane
Dec 16-20: 2nd Test, Adelaide Oval, Adelaide (day\/night)
Dec 26-30: 3rd Test, Melbourne Cricket Ground, Melbourne
Jan 5-9, 2022: 4th Test, Sydney Cricket Ground, Sydney
Jan 14-18: 5th Test, Optus Stadium, Perth<\/p>\n

UAE currency: the story behind the money in your pocketsJAPANESE GRAND PRIX INFO<\/p>\n

Schedule (All times UAE)
First practice: Friday, 5-6.30am
Second practice: Friday, 9-10.30am
Third practice: Saturday, 7-8am
Qualifying: Saturday, 10-11am
Race: Sunday, 9am-midday\u00a0<\/p>\n

Race venue:\u00a0Suzuka International Racing Course
Circuit Length:\u00a05.807km
Number of Laps:\u00a053
Watch live:\u00a0beIN Sports HD<\/p>\n

Mohammed bin Zayed MajlisMore from Neighbourhood Watch:COMPANY%20PROFILE<\/p>\n

%3Cp%3E%3Cstrong%3EName%3A%20%3C%2Fstrong%3EShaffra%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2023%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EDIFC%20Innovation%20Hub%3Cbr%3E%3Cstrong%3ESector%3A%20%3C%2Fstrong%3Emetaverse-as-a-Service%20(MaaS)%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3Ecurrently%20closing%20%241.5%20million%20seed%20round%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3Epre-seed%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%20Abu%20Dhabi%20and%20different%20PCs%20and%20angel%20investors%20from%20Saudi%20Arabia%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3Enine%3C%2Fp%3E%0A<\/p>\n

Zayed Sustainability PrizeThe years Ramadan fell in MayMore on Quran memorisation:Racecard<\/p>\n

%3Cp%3E8.30pm%3A%20Wathba%20Stallions%20Cup%20%E2%80%93%20Maiden%20(PA)%20Dh70%2C000%20(Turf)%201%2C200m%3Cbr%3E9pm%3A%20Yas%20Island%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C400m%3Cbr%3E9.30pm%3A%20Saadiyat%20Island%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%201%2C600m%3Cbr%3E10pm%3A%20Reem%20Island%20%E2%80%93%20Handicap%20(PA)%20Dh80%2C000%20(T)%202%2C200m%3Cbr%3E10.30pm%3A%20Arabian%20Triple%20Crown%20Round%203%20%E2%80%93%20Group%203%20(PA)%20Dh300%2C000%20(T)%202%2C400m%3Cbr%3E11pm%3A%20Al%20Maryah%20Island%20%E2%80%93%20Handicap%20(TB)%20Dh80%2C000%20(T)%201%2C600m%3C%2Fp%3E%0A<\/p>\n

Results<\/p>\n

Male 51kg Round 1<\/p>\n

Dias Karmanov (KAZ) beat Mabrook Rasea (YEM) by points 2-1.<\/p>\n

Male 54kg Round 1<\/p>\n

Yelaman Sayassatov (KAZ) beat Chen Huang (TPE) TKO Round 1;\u00a0Huynh Hoang Phi (VIE) beat Fahad Anakkayi (IND) RSC Round 2;\u00a0\u200b\u200b\u200b\u200b\u200b\u200b\u200bQais Al Jamal (JOR) beat Man Long Ng (MAC) by points 3-0;\u00a0\u200b\u200b\u200b\u200b\u200b\u200b\u200bAyad Albadr (IRQ) beat Yashar Yazdani (IRI) by points 2-1.<\/p>\n

Male 57kg Round 1<\/p>\n

Natthawat Suzikong (THA) beat Abdallah Ondash (LBN) by points 3-0;\u00a0Almaz Sarsembekov (KAZ) beat Ahmed Al Jubainawi (IRQ) by points 2-1;\u00a0Hamed Almatari (YEM) beat Nasser Al Rugheeb (KUW) by points 3-0;\u00a0Zakaria El Jamari (UAE) beat Yu Xi Chen (TPE) by points 3-0.<\/p>\n

Men 86kg Round 1<\/p>\n

Ahmad Bahman (UAE) beat Mohammad Al Khatib (PAL) by points 2-1<\/p>\n

\u200b\u200b\u200b\u200b\u200b\u200b\u200bMen 63.5kg Round 1<\/p>\n

Noureddin Samir (UAE) beat Polash Chakma (BAN) RSC Round 1.<\/p>\n

Female 45kg quarter finals<\/p>\n

Narges Mohammadpour (IRI) beat Yuen Wai Chan (HKG) by points.<\/p>\n

Female 48kg quarter finals<\/p>\n

Szi Ki Wong (HKG) beat Dimple Vaishnav (IND) RSC round 2;\u00a0Thanawan Thongduang (THA) beat Nastaran Soori (IRI) by points;\u00a0Shabnam Hussain Zada (AFG) beat Tzu Ching Lin (TPE) by points.<\/p>\n

Female 57kg quarter finals<\/p>\n

Nguyen Thi Nguyet (VIE) beat Anisha Shetty (IND) by points 2-1;\u00a0Areeya Sahot (THA) beat Dana Al Mayyal (KUW) RSC Round 1;\u00a0Sara Idriss (LBN) beat Ching Yee Tsang (HKG) by points 3-0.<\/p>\n

BeIN Sports currently has the rights to show<\/p>\n

– Champions League<\/p>\n

– English Premier League<\/p>\n

– Spanish Primera Liga\u00a0<\/p>\n

– Italian, French and Scottish leagues<\/p>\n

– Wimbledon and other tennis majors<\/p>\n

– Formula One<\/p>\n

– Rugby Union – Six Nations and European Cups<\/p>\n

\u00a0<\/p>\n

The story of Edge<\/p>\n

Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, established Edge in 2019.<\/p>\n

It brought together\u00a025 state-owned and independent companies specialising in\u00a0weapons systems, cyber protection and electronic warfare.<\/p>\n

Edge has an annual revenue of $5 billion and\u00a0employs more than 12,000 people.<\/p>\n

Some of the companies include Nimr, a maker of armoured vehicles, Caracal, which manufactures guns and ammunitions company, Lahab<\/p>\n

\u00a0<\/p>\n

Pakistanis%20at%20the%20ILT20%20<\/p>\n

%3Cp%3EThe%20new%20UAE%20league%20has%20been%20boosted%20this%20season%20by%20the%20arrival%20of%20five%20Pakistanis%2C%20who%20were%20not%20released%20to%20play%20last%20year.%20%0D%3Cbr%3E%0D%0D%0D%3Cbr%3E%3Cstrong%3EShaheen%20Afridi%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3ESet%20for%20at%20least%20four%20matches%2C%20having%20arrived%20from%20New%20Zealand%20where%20he%20captained%20Pakistan%20in%20a%20series%20loss.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EShadab%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3E%0DThe%20leg-spin%20bowling%20allrounder%20missed%20the%20tour%20of%20New%20Zealand%20after%20injuring%20an%20ankle%20when%20stepping%20on%20a%20ball.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAzam%20Khan%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EPowerhouse%20wicketkeeper%20played%20three%20games%20for%20Pakistan%20on%20tour%20in%20New%20Zealand.%20He%20was%20the%20first%20Pakistani%20recruited%20to%20the%20ILT20.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMohammed%20Amir%20(Desert%20Vipers)%20%3C%2Fstrong%3E%0D%3Cbr%3EHas%20made%20himself%20unavailable%20for%20national%20duty%2C%20meaning%20he%20will%20be%20available%20for%20the%20entire%20ILT20%20campaign.%20%0D%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EImad%20Wasim%20(Abu%20Dhabi%20Knight%20Riders)%20%3C%2Fstrong%3E%0D%3Cbr%3EThe%20left-handed%20allrounder%2C%2035%2C%20retired%20from%20international%20cricket%20in%20November%20and%20was%20subsequently%20recruited%20by%20the%20Knight%20Riders.%26nbsp%3B%3C%2Fp%3E%0A<\/p>\n

Fixtures<\/p>\n

Tuesday –\u00a05.15pm: Team Lebanon v Alger Corsaires; 8.30pm: Abu Dhabi Storms v Pharaohs<\/p>\n

Wednesday –\u00a05.15pm: Pharaohs v Carthage Eagles; 8.30pm: Alger Corsaires v Abu Dhabi Storms<\/p>\n

Thursday – 4.30pm: Team Lebanon v Pharaohs; 7.30pm: Abu Dhabi Storms v Carthage Eagles<\/p>\n

Friday –\u00a04.30pm: Pharaohs v Alger Corsaires; 7.30pm: Carthage Eagles v Team Lebanon<\/p>\n

Saturday – 4.30pm: Carthage Eagles v Alger Corsaires; 7.30pm: Abu Dhabi Storms v Team Lebanon<\/p>\n","protected":false},"excerpt":{"rendered":"The US interest rate cut on Wednesday means lower borrowing costs, more disposable income and a boost to…\n","protected":false},"author":2,"featured_media":29712,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,11721,219,866,28939,16802,111,139,69,1177,427,4719],"class_list":{"0":"post-29711","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-business-team","10":"tag-economy","11":"tag-federal-reserve","12":"tag-gcc","13":"tag-jordan","14":"tag-new-zealand","15":"tag-newzealand","16":"tag-nz","17":"tag-standard","18":"tag-story","19":"tag-uae"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/29711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=29711"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/29711\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/29712"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=29711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=29711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=29711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}