Donald Trump has to decide what he wants. Rising interest rates, which he says he doesn’t like, are a reflection of a strong economy. He loves to take credit for the latter and frequently boasts about how great things are since he came to office. One begets the other. America isn’t being penalised for doing well, as Trump complained in ...

DUBAI / WAM Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and National Investment and Infrastructure Fund (NIIF) announced that the transaction to acquire 90 percent stake in Continental Warehousing Corporation (Nhava Seva) Ltd (CWCNSL), in India has now closed. CWCNSL’s founders, the Reddy family, will retain the remaining 10 percent shareholding and will remain involved in ...

DUBAI / Emirates Business Mashreq, one of the leading financial institutions in the UAE, on Wednesday reported its financial results for the first half ending on June 30. The operating income is up by 3.7% and stands at AED 3.1 billion. Net profit for the first half stood at AED1.2 billion — a 5.2% increase YoY. The impairment allowance is ...