Hong Kong: Global Switch, the UK data centre operator, has chosen arrangers for a proposed Hong Kong initial public offering that could raise more than $1 billion, people with knowledge of the matter said. The London-based company picked CLSA Ltd, Goldman Sachs Group Inc and JPMorgan Chase & Co. to lead the deal, according to the […]

London. Advertising group WPP Plc offered investors some relief after a year of account losses, reporting results that slightly beat expectations and indicating the worse may be over by the second half of 2019. The shares rose as much as 9 per cent. Expectations were already low since rival Publicis Groupe SA posted a surprise […]

San Francisco: Tesla said Thursday its Model 3 heralded as an electric car for the masses was available for order at a price of $35,000 (Dh128,538), with delivery promised within a month. The announcement fulfills a vision of Tesla founder and chief Elon Musk, who has touted a more affordable electric car as part of […]

He received a hero’s welcome.

Dubai: Dubai World Trade Centre (DWTC) marks its 40th anniversary this month. Since opening in 1979, the thirty-nine-storey, Shaikh Rashid Tower (commonly known as Trade Centre Tower) started its journey as the tallest structure in the Arab world and the symbol of business on the face of the Dh100 currency bill. Since this it has […]

The Islamic economy is growing at a ‘steady’ but ‘not rapid’ pace. Can Dubai change that?

The border ceremony at Wagah border will be a low key affair today.

Dignitaries were stunned at his response.

The border ceremony at Wagah border will be a low key affair today.

Pakistan’s foreign minister revealed the information in an interview.