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Email this article: Bankers say UAE lending benchmark may have some of Libor's flaws
Posted: Tue July 17, 2012 5:19 pm
UAE. Barclays to withdraw from Eibor panel; Differences of opinion between authorities, banks; Some banks cut back use of Eibor; Reforms to system look unlikely anytime soon.
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SAUDI ARABIA. The NTP aims to boost non-oil revenue by 2020 through more than 500 initiatives including the implementation of new taxes and increasing government fees and taxes on "harmful products."
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