The World Economic Forum has issued a Global Competitiveness Report and after five years of decline, India jumps 16 ranks to 55th place. This dramatic reversal is largely attributable to the momentum initiated by the election of Narendra Modi, whose pro-business, pro-growth and anti-corruption stance has improved the business community's sentiment towards the government. Gaurang Shah, Senior Vice President of Geojit BNP Paribas explains:
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UAE plans to establish global defence manufacturing hub
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ADNOC announced on Sunday plans to award contracts worth AED200 billion over the next three years, as part of efforts to expand production capacity and strengthen the UAE’s industrial base.
In a statement marking the 50th anniversary of the unification of the UAE Armed Forces, President His Highness Sheikh Mohamed bin Zayed Al Nahyan said the nation’s strength lies in its military, the unity of its society and the resilience of its development model.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has marked the 50th anniversary of the unification of the UAE Armed Forces with a statement praising their role, sacrifices and five decades of service in defending the nation and upholding its pride.
Dubai's Khor Al Mamzar Beach is now open to the public, marking the first phase of the wider Al Mamzar Beaches development project.
