Pakistan aims to unlock manufacturing and export potential

Islamabad: Pakistan has put into action an ambitious strategy to bolster industrial strength by mobilising the local talent and offering incentives to achieve export-oriented economic growth with a new focus on trade with landlocked but energy-rich Central Asian states, Uzbekistan, Tajikistan, Kazakhstan and Kyrgyzstan. In 2018 when the current government came into power, the emphasis […]

Mohammed bin Rashid approves the board of Dubai Chamber of International Trade

Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved the board of directors and the advisory board of the Dubai Chamber of International Trade. The chamber is the third entity of Dubai chambers that were recently formed by Sheikh Mohammed to accelerate […]

Pakistan and Uzbekistan initiate regional connectivity and strategic partnership

Islamabad: Pakistan and Uzbekistan embarked on a new journey of prosperity, strengthening economic and strategic partnership, during Pakistani Prime Minister Imran Khan’s first official visit to the Central Asian state. At the Uzbekistan-Pakistan Business Forum, jointly organised by the two countries in Tashkent, Imran Khan said that Pakistan government attaches significant importance to close ties […]

Is Intel eyeing a buyout of Abu Dhabi’s Mubadala-owned GlobalFoundries?

Dubai: For Intel Corp., a takeover of GlobalFoundries Inc., would jump-start efforts to revitalize faltering manufacturing capabilities – though it would also invite a clash with an Abu Dhabi owner reluctant to fully part with one of its most promising investments. Intel has studied the feasibility of buying U.S.-based GlobalFoundries, people familiar with the matter […]

Building the foundations of an iconic business empire

Success stories are intriguing and inspirational in equal measure. The diary of someone making it to the top helps so many others who are perched on lesser rungs on the ladders of life. There is comfort in knowing the climb is hard, but for the hardy, the rewards are great. What if such a story […]