Recurrent IMF loans stymied all possibilities of diversifying the productive base of the Sri Lankan economy, leading to the current crisis.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Chinese giant Meituan has made quite a splash in Saudi Arabia. With its impending launch in the Emirates, it will rival Dubai’s food delivery majors Talabat, Deliveroo, Careem and Noon.
The apex court’s quashing of its over $4 bn relief request did little to dim the telco’s stellar all-round show in FY25 or the market’s love for the stock.
A whole new wave of students is arriving from geographies and demographics never seen before in the Emirates, drawn not just by opportunity but also because of geopolitical and economic crises back home.