GE ahead in battles for Alstom

Energy

General Electric remains the favourite to take over the energy business of French engineering group Alstom, but Germany’s Siemens is still in the race.

(Euronews YouTube channel)

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From bricks to clicks
Rashid and Salama Alabbar, the next generation of one of Dubai’s most famous families, are taking their father’s retail legacy and going online, building up a portfolio of fast-growing e-commerce sites. And with a $113m deal with one of the industry’s biggest players signed off last week, they are now looking to go global.

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