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India becomes investment favourite for wealth funds

21 Jun 2019

Foreign sovereign wealth funds are piling into India, buying stakes in everything from airports to renewable energy, attracted by political stability, a growing middle class and reforms making it more...

‘US-China pact in the interest of both countries’

19 Jun 2019

WASHINGTON: The top US trade negotiator said on Wednesday it is in the interests of China and the United States to have a successful trade pact and he expects to...

ADB to provide $3.4b loan to Pakistan

16 Jun 2019

The Asian Development Bank (ADB) would provide a loan of $3.4 billion to Pakistan for budgetary support, a Minister has confirmed. The announcement was made by federal Minister for Planning,...

22nd edition of Dubai Summer Surprises starts on June 21

13 Jun 2019

With nearly a week to go until the start of the 22nd edition of Dubai Summer Surprises, Dubai Festivals and Retail Establishment has announced the highlights of...

Pakistan business community upbeat on budget

12 Jun 2019

Inayat-ur-Rahman Dubai: Pakistan Prime Minister Imran Khan’s government presented a Rs6 trillion (Dhs147.72b) federal budget of 2019-20 on Tuesday. A cross-section of Pakistani expats and business heavyweights share...

Reliance meets debt service obligation

11 Jun 2019

Rebutting rumours about the financial health of Reliance Group, its Chairman Anil D. Ambani on Tuesday said the Group has met debt servicing obligation of Rs 35,000 crore during the...

Empower to support sustainability

09 Jun 2019

Business Bureau, Gulf Today Emirates Central Cooling Systems Corporation (Empower), the world’s largest district cooling services provider, announced the launch of its summer campaign, under the slogan ‘Switch to 24°C...

UAE a leading global maritime hub

06 Jun 2019

The Emirates Maritime Arbitration Centre (EMAC) returns with the Dubai Maritime Cluster to the most sought-after shipping event on the globe, Nor-Shipping between 4 - 7 June, 2019 in Oslo,...

Blackstone in record $18.7b deal

03 Jun 2019

Blackstone Group LP is buying US industrial warehouse properties from Singapore-based logistics provider GLP for $18.7 billion, in what the companies billed as the largest private real estate transaction globally....

Singapore and Malaysia suspend intercity rail project

21 May 2019

Singapore and Malaysia have agreed to suspend the construction of a billion dollar train project linking the city-state to the southern Malaysian state of Johor, their transport ministers said on...

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