Bloomberg Indian sovereign bonds slumped as the central bank’s choice of relatively illiquid papers for its bond-purchase program disappointed traders. Surging global oil prices also weighed on sentiment. The yield on the 5.63% bond maturing in 2026 rises as much as nine basis points to 5.85%, while the 6.64% 2035 bond yield climbed five basis points. The benchmark 10-year yield ...

UMM AL QAIWAIN / WAM The UAE has become a leading investment hub for the global healthcare sector, according to business owners, companies and investment experts. Incredible facilities and stellar services, have enhanced the allure of the UAE’s business environment, which continues to attract local and foreign entities to invest in this vital sector. In a statement to the Emirates ...

Bloomberg Employment in the United Arab Emirates rose at the fastest pace in more than two years in June, according to IHS Markit, as the Middle East’s business and travel hub gradually recovers from the pandemic-led downturn that resulted in job shedding last year. The first increase in employment since January pointed to gains for the economy. But non-oil business ...