Bloomberg Global funds used to clamour for more access to India’s debt markets. The high-yielding bonds are now the least popular in Asia as the nation struggles to contain the coronavirus pandemic. Overseas funds have sold $14.6 billion of Indian corporate and government bonds this year, the most among emerging-Asian nations, according to data compiled by Bloomberg. Indonesia has also ...

ABu Dhabi / WAM The Abu Dhabi National Oil Company (Adnoc) announced significant progress made on its “Crude Flexibility Project” (CFP) with 73% project delivery of Adnoc’s ongoing upgrade of refining capabilities in Ruwais and strengthening the role of Ruwais as a critical driver for industrial growth for Abu Dhabi and UAE. For more than 40 years, Adnoc has predominantly ...

Abu Dhabi / WAM The United Arab Emirates has condemned the Iranian-backed Houthi terrorist militia’s attempts to target civilian areas in the Kingdom of Saudi Arabia, the latest of which were the attacks which targeted the southern region in the Kingdom and which were all intercepted by the coalition forces. In a statement released on Monday by the Ministry of ...