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BofA says European credit is ‘mispricing’ inflation

  Bloomberg Buckle up, bond investors. Global reflation and fading central-bank stimulus herald a new dawn for the European corporate debt market that will buoy high-yield paper at the expense of high-grade, according to analysts at Bank of America (BofA), citing an upcoming portfolio shift among investors. “In 2016 we saw the lowest in yields and spreads,” strategists at the ...

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Mohamed meets Egypt foreign minister

  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, received Sameh Shoukry, Foreign Minister of the Arab Republic of Egypt, who is currently visiting the country, at Qasr Al-Shati (Beach Palace) on Saturday. Sheikh Mohamed welcomed Egyptian Foreign Minister and discussed ways ...

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Hamdan bin Zayed inspects AED5.3bn Al Mafraq-Al Ghweifat highway project

  WESTERN REGION / WAM HH Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Western Region, inspected the progress of the AED5.3 billion Al Mafraq-Al Ghweifat highway project, whose first phase was completed in 2016. Sheikh Hamdan stressed the interest of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the support of His Highness Sheikh Mohamed ...

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