Contrary to the global trend of economic slowdown, UAE posted a significant economic growth. Country’s vital sectors are growing at a substantial pace. The UAE has taken a major step forward in achieving socio-economic developments. A sustainable, diverse and globally competitive economy is the need of the hour. And this is possible only with participation of citizens, who are ...

  Industrial Strategy is making a comeback. One of Theresa May’s first acts as prime minister was to create a new “Department for Business, Energy and Industrial Strategy.” That may sound impressive, but history is littered with equally well-intentioned but unsuccessful industrial strategies. For every case of success one can find more than one case of failure. Previous attempts at ...

  McDonald’s Corp. looks like it’s gotten itself a happy meal in China. The consortium purchasing the assets, however, risks a bout of indigestion. The world’s biggest fast-food chain couldn’t have done much better than locking up Citic Group Corp. and Carlyle Group LP as buyers of its franchise in Asia’s largest economy. The $3 billion price tag that’s being ...