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Suqia carried out 85 development projects in 21 countries in 2017

Dubai / WAM The UAE Water Aid Foundation (Suqia), under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI), carried out 85 development projects in 21 countries around the world, benefiting approximately 553,370 people during 2017, the Year of Giving. In the Year of Zayed 2018, Suqia aims to continue its charity and volunteer projects around the ...

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India does not rule out fiscal consolidation pause this year

Bloomberg India cannot rule out a pause in its fiscal consolidation plan in the year through March, a key government adviser said, setting the government’s tone ahead of Thursday’s budget. “Setting overly ambitious targets for consolidation—especially in a pre-election year—based on optimistic forecasts that carry a high risk of not being realised will not garner credibility,” Chief Economic Adviser Arvind ...

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Tencent is leading $5.4bn investment in Wanda Commercial

Bloomberg Tencent Holdings Ltd. is leading the acquisition of 14 percent of billionaire Wang Jianlin’s Wanda Commercial Properties Co. for $5.4 billion, a deal that will begin the target company’s retreat from real estate development. Online mall JD.com Inc., Sunac China Holdings Ltd. and Suning Commerce Group Co.—a retailer backed by e-commerce giant Alibaba Group Holding Ltd.— will also take ...

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