The photo has been used for illustrative purposes. File/AFP
Hong Kong flag carrier Cathay Pacific announced on Wednesday that it will buy budget airline HK Express for US$628.15 million, as it moves to counter competition from the increasing number of low-cost carriers in the region.
The Ministry of Finance (MoF) signed an agreement to encourage and protect investments between the UAE and the Hong Kong Government, as part of the ministry’s efforts to protect the nation’s investments abroad and to attract foreign investments.
HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence of legal and regulatory expenses borne in the year-ago quarter. Reining in costs has been one of the biggest challenges for HSBC Chief Executive John Flint
The UAE has always offered a splendid example when it comes to women’s empowerment and gender equality.
About a year ago, Sangita Gaikwad’s teenage daughter Mona introduced her to TikTok. Like many first-time users of the quirky video-sharing app, Gaikwad, a homemaker in a farming village in western India, was baffled.
The question can no longer be ducked: is Xi Jinping’s persecution of China’s ethnic minorities a genocide in the making?
President Trump is making plain the degree to which the country remains divided by the American Civil War. His threat to veto the $718bn Defence Bill if it renames military bases called after Confederate generals harks back to 1861. His stand highlights the bizarre way that the US military has named its biggest bases, like Fort Bragg in North Carolina and Fort Hood in Texas, after Confederate generals like Braxton Bragg and John Hood who fought a war to destroy the US.