Ibu Sanjeeb Garg SPECIAL TO EMIRATES BUSINESS The Indian government recently arrived at a decision to privatize 12 small oilfields in Assam. This, as part of the new policy that will privatize 67 small oil fields in India, has drawn understandably strong reactions from the vocal civil society of Assam. Assam has had a long checkered history with oil, …

  BLOOMBERG Egyptian stocks had the biggest advance in almost four months, leading gains across most Middle Eastern markets, as traders speculated the country may devalue its currency as early as Tuesday. The EGX 30 Index jumped 4.7 percent at the close in Cairo, with trading volumes on the main gauge 157 percent above the average of the past 20 …

  Bloomberg Global food prices climbed the most in almost four years, boosted by a rally in sugar and gains in grains, dairy and meat. The United Nations’ food-price index jumped 4.2 percent in June, the most since July 2012, the group’s Food & Agriculture Organization said on its website. The gauge, which monitors 73 different food prices, advanced for …