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June 20, 2021

UAE interbank rates up replicating US Fed’s move

ABU DHABI, The interest rates charged by the Emirates Inter-Bank Offered Rate (EIBOR) jumped across all terms post the Central Bank of the UAE increased on Thursday its base rate applicable to the overnight deposit facility (ODF) by 5 basis points to 1…

Worldwide coronavirus cases cross 178.08 million

ABU DHABI, More than 178.08 million people have been reported to be infected by the novel coronavirus globally and 4,134,058 have died, according to a Reuters tally on Sunday.Infections have been reported in more than 210 countries and territories sinc…

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