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50 Arab Coders to get backing to establish companies

]ubai / ًِ’ Dubai Future Foundation (DFF) announced the signing of a Memorandum of Understanding (MoU) with Dubai Airport Freezone Authority (Dafza) to support the graduates of the One Million Arab Coders initiative, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to prepare a generation of ...

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Elliott seeks $770mn from South Korea in Samsung fight

Bloomberg Elliott Management Corp. said it was seeking compensation for at least $770 million in damages from South Korea over how its former administration intervened in the merger of Samsung C&T Corp. and Cheil Industries Inc. in 2015. Billionaire Paul Singer’s New York-based hedge fund had submitted the dispute for arbitration and urged the government to pay the damages in ...

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India’s Mukesh Ambani topples Jack Ma as Asia’s richest person

Bloomberg Mukesh Ambani overtook Alibaba Group founder Jack Ma to become Asia’s richest person as he positions Reliance Industries Ltd. to disrupt the e-commerce space in India. The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth $44.3 billion with Reliance Industries Ltd. rising 1.6 percent to a record 1,099.8 rupees, according to Bloomberg Billionaires Index. Ma’s wealth ...

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