Sunday 15, July 2012 by Robin Amlôt

Barclays to leave EIBOR panel?

British bank Barclays is likely to withdraw from the panel that sets benchmark interbank interest rates in the UAE. Barclays, embroiled in scandal over LIBOR rate fixing in the UK, is one of four international banks on the 12 bank panel that sets the Emirates Interbank Offered Rate (EIBOR).

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more