DUBAI / WAM Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA), stressed the importance of adopting innovative solutions for financing RTA’s future projects, establishing creative models for funding mobility projects, and boosting the public-private partnership (PPP). Al Tayer made these remarks during the opening of the Innovation Lab about the ...

Bloomberg It was supposed to be the crowning achievement of Malaysian tycoon T. Ananda Krishnan’s five-decade career. But his $7 billion bet on mobile carrier Aircel Ltd. may instead go down as one of the biggest-ever flops by a foreign investor in India, a stark reminder that doing business in the world’s fastest-growing major economy is often a lot tougher ...

Bloomberg Samsung Electronics Co.’s latest flagship smartphone isn’t the antidote to a stock slump that’s wiped more than $60 billion from the technology giant’s market value since November. That’s the thinking of investors like Sat Duhra, who helps manage $371 billion at Janus Henderson Investors. His fund has reduced holdings of Samsung and its South Korean industry peers amid concern ...