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Emerging markets

Volkswagen in concrete discussions over car partnerships in India

by Ron Morgan
Volkswagen in concrete discussions over car partnerships in India

The logo of German car giant Volkswagen (VW) is seen on a Volkswagen ID Buzz van during the company’s annual press conference to present the business report, on March 14, …

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Emirates airline chalks record annual profit as travel demand booms

by Franz Hernandez
Emirates airline chalks record annual profit as travel demand booms

An Emirates Airlines plane Karim Sahib | AFP | Getty Images DUBAI, United Arab Emirates — Dubai-based carrier Emirates airline on Monday reported record annual profit of 17.2 billion dirhams …

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Opinion | To restore its financial dynamism, Hong Kong must truly embrace diversity

by Walter Watson
Opinion | To restore its financial dynamism, Hong Kong must truly embrace diversity

As a third-generation Hongkonger hailing from an Indian family that has been in the city for more than a century, I have met many investors and high-net-worth individuals from Southeast …

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Presight buys majority stake in technology joint venture AIQ

by Edgar Davis
Presight buys majority stake in technology joint venture AIQ

A view of the city skyline at sunset from Dhow Harbour in Abu Dhabi, United Arab Emirates, on Feb. 5, 2015. Dan Kitwood | Getty Images DUBAI — Abu Dhabi …

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Turkey’s inflation accelerates to nearly 70% in April

by Walter Watson
Turkey’s inflation accelerates to nearly 70% in April

A Turkish national flag, left, and a flag bearing the portrait of Kemal Ataturk, founder of the modern Turkish republic, hang from the exterior of a building in the Sisli …

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BlackRock to open a Saudi investment firm with $5 billion from PIF

by Walter Watson
BlackRock to open a Saudi investment firm with  billion from PIF

The BlackRock logo is displayed at the company’s headquarters in New York City on Nov. 14, 2022. Leonardo Munoz | Getty Images Asset manager BlackRock will launch an investment platform …

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Dubai’s new airport will be five times the size of its current one

by Franz Hernandez
Dubai’s new airport will be five times the size of its current one

Digital render of the planned entrance of Dubai’s Al Maktoum International Airport, set to be the biggest in the world upon completion. Dubai Media Office DUBAI, United Arab Emirates — …

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Saudi Arabia says all NEOM megaprojects will go ahead as planned

by Walter Watson
Saudi Arabia says all NEOM megaprojects will go ahead as planned

Saudi Arabia’s economy minister rejected recent reports that the kingdom’s $1.5 trillion NEOM megaproject, a futuristic desert development on the Red Sea coast, is scaling back some of its plans. …

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NASA releases satellite photos of record UAE flooding

by Franz Hernandez
NASA releases satellite photos of record UAE flooding

NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and paralyzed …

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Emirates Airline CEO issues apology after Dubai flood chaos

by Franz Hernandez
Emirates Airline CEO issues apology after Dubai flood chaos

People queue at a flight connection desk after a rainstorm hit Dubai, causing delays at the Dubai International Airport, United Arab Emirates, April 17, 2024.  Rula Rouhana | Reuters The …

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