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Malaysian opposition leader Anwar Ibrahim said his Pakatan Harapan’s alliance is confident of securing a simple majority even in the face of a multi-cornered fight in this month’s general election. “I have been on the ground, and yes it is a tight race,” Anwar, 75, told Bloomberg Television’s Haslinda Amin in an interview Monday. “But we can move further into ...

Abu Dhabi / GULF TIME Etihad Guest, the frequent flyer programme of the UAE’s national airline Etihad Airways, has partnered with The National Aquarium Abu Dhabi, the largest aquarium in the Middle East. The aquarium will participate in the “Miles on the Go” programme for Etihad Guest members to benefit from every time they visit. Etihad Guest members can now ...

Dubai / WAM An engaging calendar of events will attract visitors of all ages and backgrounds to support global climate change mitigation as Expo City Dubai, proud host of COP28 – The Emirates Climate Conference with the UNFCCC, begins the one-year countdown to the global summit. Thought-provoking youth discussions, performances, exhibitions and more will feature as part of Expo City ...

Abu Dhabi / WAM Hub71, Abu Dhabi’s global tech ecosystem, and Al Yah Satellite Communications Company (Yahsat) on Monday announced a collaboration to accelerate startup technology adoption in satellite communications. Through this partnership, Yahsat will work with founders in the Hub71 community to advance technological innovations that support the development of the UAE’s mobile satellite capabilities. The first contract resulting ...

Shuli Ren It was supposed to be a big celebration for Hong Kong. This week’s Global Financial Leaders’ Investment Summit, organized by the city’s central bank, was meant to showcase the revival of Hong Kong as Asia’s financial hub, after years of isolation that resulted from stringent Covid controls. But the mood is all gloom and doom. Since China’s Communist ...

Stephen Mihm The midterms are here, and with it predictions that the nation’s economic woes will cost Democrats control of Congress. As one pundit on Fox News recently declared, political consultant James Carville’s 1992 adage, “It’s the economy, stupid,” still applies. Polling data seems to support this point of view. But applying a 30-year-old rule of thumb for a presidential ...

Kotak Mahindra Bank Ltd.’s investing banking arm is planning to expand its operation by hiring about 20 bankers, betting on a rebound in deals activity next year. The addition would mean a 25% increase to its current 80-strong investment banking unit, according to S Ramesh, managing director and chief executive officer of Kotak Investment Banking. The firm is looking to ...

PayPal Holdings Inc. announced it has reached a truce with Apple Inc. and the two technology giants will begin accepting each other’s products in their separate payment ecosystems. Starting next year, PayPal and Venmo debit cards will be accepted inside the Apple Wallet, meaning consumers will be able to use them anywhere Apple Pay is accepted, PayPal said in a ...

UBS Group AG is branching out into rural Brazil to find millionaires created by rapid growth in the agribusiness and tech industries. The Swiss bank plans to open a wealth-management office in the midwestern city of Goiania, the capital of what’s known as Brazilian Texas because of its similarities to the farm-rich US state. Another will open this month in ...

The operator of McDonald’s restaurants in China has raised about $2 billion in bank loans to free up liquidity that will help operate the business, according to people familiar with the matter, as the country maintains its zero-tolerance approach to fighting Covid-19. Chinese state-backed Citic Ltd., Citic Capital and US private equity firm Carlyle Group Inc. acquired control of the ...