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EDB’s strategy a driving force in UAE’s development: Al Falasi

ABU DHABI / WAM Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and Small and Medium Enterprises, Deputy Chairman of the Board of Directors at Emirates Development Bank (EDB), asserted that the bank’s new strategy firmly positions it as a driving force in the UAE’s development. Commenting on the launch of the Emirates Development Bank Strategy, Dr Al ...

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Chinese smartphones get a new opportunity in US

LG Electronics Inc may have been a pioneer, but the end of its smartphone business shows that being first-mover is rarely an advantage. Instead, its exit will open the way for Chinese brands to take a greater share of the US even as the two nations go deeper into a tech cold war. It was a slow gradual decline for ...

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GameStop stocks mania proves a boon

What a crazy year it’s been for GameStop Corp. Last April, it was left for dead. Predicting an imminent demise for the retailer, hedge funds piled on their bearish bets and the company’s market value sank to a few hundred million dollars. A year later, thanks to big buying from the Reddit crowd, GameStop is worth about $13 billion and ...

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