Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, witnessed on Monday the launch of Miral’s AED12 billion master development plan to transform the southern end of Yas Island in Abu Dhabi. His Highness welcomed Miral’s delegation today at the Sea Palace Abu …

  Once the initial market relief plays out — that, even during an unprecedented ‘anti-establishment’ wave in both Europe and the US, French voters rejected a far right president in Marine Le Pen of the National Front — interest will shift to how relative newcomer Emmanuel Macron will manage to govern in a country accustomed to mainstream politics. And it …

  India’s bad-loan crisis, afflicting almost 20 of banks’ assets, has moved tantalizingly close to a resolution. Giving the central bank the power to force lenders to shed soured debt is a welcome policy move. But a nine-month target to clear 60 large corporate delinquencies may be wishful thinking. The reason is an untested bankruptcy court. That’s a risk investors …