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Ajman CP receives National Guard Commander

AJMAN / WAM His Highness Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman, commended the high level of professionalism reached by the UAE Armed Forces under the strategic vision of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Supreme Commander of the UAE Armed Forces. Sheikh Ammar said the UAE Armed Forces had made a paradigm shift ...

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Ola advances plan for IPO as electric scooters take off in India

BLOOMBERG Ola Electric Mobility Pvt is in line for an initial public offering (IPO) sooner than its founder previously imagined, reflecting the Indian startup’s whirlwind pace of growth since it started selling electric scooters in late 2021. “I thought it would take me four to six years of revenue to go public,” Founder and Chief Executive Officer Bhavish Aggarwal said ...

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China’s growth disappoints as Beijing hints at stimulus

BLOOMBERG China’s economic recovery lost momentum in the second quarter, adding to risks for the world economy as Beijing hints that any stimulus measures will be targeted rather than broad. Gross domestic product (GDP) grew at a slower-than-expected pace of 6.3% in the second quarter compared with a year earlier, when dozens of Chinese cities were in lockdown, but just ...

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