Uganda, one of Pyongyang’s few allies, announced that it will put an end to its cooperation with North Korea. The announcement came following a meeting between South Korean President Park Geun-hye and Ugandan President Yoweri Museveni. After his meeting with Park on Sunday, Musevini announced that he’d decided that Uganda would cease its military cooperation with North Korea to ...

For some time, tighter monetary policy by the U.S. Federal Reserve was perceived as the largest external economic threat to emerging countries, especially by those countries themselves. Judging from discussions with officials from those nations, as well as private-sector participants, this may no longer be the case. Another concern — the anti-globalization and anti-trade rhetoric of the U.S. presidential election ...

  ALKESH SHARMA / Emirates Business Public-private partnerships (PPP) might be a comparatively new investment model, however, over the years it has been embraced in most of the corporate circles in the country. Fuelled by the government’s strong will and decision to diversify from an oil-based economy, PPP engagements — accounting to millions of dhirams — are presently evolving at ...