Mubadala inks deal with UEmedical for referral laboratory services

Abu Dhabi: National Reference Laboratory (NRL), part of Mubadala’s network of world-class health care providers, on Tuesday announced that it has signed a Laboratory Referral Services Agreement with United Eastern Medical Services (UEMedical) Group, one of Abu Dhabi’s leading private health care operators. NRL will become the exclusive provider of referral laboratory testing to all […]

China’s debt ratio is growing as economy loses steam

Beijing: China’s efforts to shore up sagging economic growth are leading to a resurgence in indebtedness, underlining the challenge President Xi Jinping’s government faces in curbing financial risk. The nation’s total stock of corporate, household and government debt now exceeds 303 per cent of gross domestic product and makes up about 15 per cent of […]

Pakistan raises key interest rate to 13.25%

Islamabad: Pakistan’s central bank raised its main policy rate by 100 basis points on Tuesday to 13.25 per cent, citing increased inflationary pressures and a likely near-term rise in prices from higher utility costs. The increase follows this month’s accord with the International Monetary Fund on a $6 billion loan package that comes with tough […]