Bloomberg Citigroup Inc agreed to sell its fixed-income analytics and index business to the London Stock Exchange Group Plc for US$685 million in cash following a strategic review of the unit. The transaction includes Citigroup’s fixed-income analytics platform, The Yield Book, and indexes including the World Government Bond Index, the New York-based bank said in a statement on Tuesday. The …

ABU DHABI / Agencies Savings account balances in the UAE amounted to AED158.5 billion during the first third of 2017, a growth of 3 percent, i.e. AED4.75 billion, over the same period in 2016, according to UAE Central Bank statistics. Saving by local currency at the banking sector hit AED129.56 billion against an equivalent of AED28.88 billion in foreign currencies …

ABU DHABI / WAM A delegation from the UAE representing various national stakeholders in nuclear industry, is taking part in the International Conference on the IAEA Technical Cooperation Programme: ‘Sixty Years and Beyond-Contributing to Development’. The three-day event, concluding on the June 1, is being held at the headquarters of the International Atomic Energy Agency in Vienna, Austria. Led by …