DUBAI/WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, hailed the strong performance of the emirate’s economy in the first half of 2023. With a growth of 3.2 percent in H1 2023, compared to the same period last year, the economy’s total value has reached AED223.8 billion. “The economic ...

BLOOMBERG India’s government will probably scale back on its investment spending in the coming years as it curbs its budget deficit, said Goldman Sachs Group Inc, giving the private sector scope to pick up the slack. With the government of Prime Minister Narendra Modi planning to reduce the fiscal shortfall by about 1.5 percentage points over the next two years, ...

BLOOMBERG When India decided to make a concerted push to green the world’s biggest two-wheeler market, a slew of electric scooter startups emerged almost overnight. Now, many are falling out of favor for sourcing parts from China instead of locally. The government is demanding that six companies — including Hero Electric Vehicles Pvt, once India’s top e-scooter maker — return ...