Recent Posts

Did Afghanistan just drop out of CASA-1000?

  Casey Michel SPECIAL TO EMIRATES BUSINESS For the past year, there’s been a distinct distance between the rhetoric surrounding the Central Asia South Asia Electricity Transmission and Trade (CASA-1000) project and the unfurling realities on the ground. Regional officials, most especially within Tajikistan and Pakistan, have heaped continued praise on the project, and have found themselves supported by voices ...

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Why China could dominate ‘internet of vehicles’

  A few weeks ago, Apple’s Tim Cook was all smiles as he stepped into a sedan operated by Didi Chuxing. Apple had just invested $1 billion in the ridesharing company, and Cook was no doubt feeling satisfied. But he was probably feeling another emotion too: relief at getting a piece of China’s “internet of vehicles” before it’s too late. ...

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India allows 100% foreign ownership in airline firms

  New Delhi / Bloomberg India will allow foreign entities such as funds and portfolio investors to fully own local airlines, raising from an earlier cap of 49 percent, in a bid to lure investment into Asia’s third-biggest economy. Shares of InterGlobe Aviation Ltd., Jet Airways India Ltd. and SpiceJet Ltd. rallied. Foreign investment limits in commercial airlines will be ...

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