DUBAI, April 27 (Reuters) - One of the United Arab Emirates' (UAE) most prominent businessmen is leading calls for regulations across the Gulf Arab region to smooth the transfer of ownership of family businesses after the death of the founder.
--Clyde Russell is a Reuters columnist.
China’s $45 billion push into Pakistan is skirting one of the Indian subcontinent’s most dangerous flashpoints. The proposed 4,500-megawatt Diamer Bhasha hydropower plant would eliminate about half of Pakistan’s power shortfall and irrigate millions of acres of parched farmland. While both the U.S. and China have promised to help Pakistan court private investors for the dam, they’ve resisted putting up the cash themselves.
LAGOS, April 27 (Reuters) - The road leading to the Lagos port, which handles nearly everything that Africa's biggest economy imports, is one of the most congested in a megacity whose traffic jams are legendary.
April 27 (Reuters) - Precision Drilling Corp reported a better-than-expected quarterly profit as job cuts and other cost-cutting measures helped Canada's largest drilling contractor maintain margins despite a steep decline in drilling activities.
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