Abu Dhabi / Emirates Business ADNOC Distribution announced the opening of Gutouf service station in Al Rahba area of Abu Dhabi as part of the company’s strategic expansion plan to meet the growing demand for its high-quality products and services. Located near Golden Stars Stadium, the latest addition to ADNOC Distribution’s network takes the total number of stations in …

  Bloomberg Confusion over a law allowing foreigners to buy condominiums in Myanmar is prolonging a slowdown in its residential property sector, highlighting the challenges of regulatory flux in the frontier market. The legislation adopted in January 2016 leaves unanswered questions such as whether it applies to existing apartments, hurting efforts to woo investors. The outlook now depends partly on …

  Bloomberg Franklin Templeton Investments bought about 80 billion rupees ($1.2 billion) of Indian government bonds in two days this week, a person with knowledge of the matter said. The purchases, made on Tuesday and Wednesday, were largely for tenors maturing in 2021-2023, said traders who asked not to be identified because they aren’t authorized to speak publicly. JPMorgan Chase …