• The GCC Financial Forum 2019
Force India go for Stroll

Force India go for Stroll

Canadian driver Lance Stroll will race for Formula One outfit Force India, the team rescued from administration by a consortium headed by his billionaire father Lawrence, it was announced yesterday. The 20-year-old -- who is the final one of the 20 drivers to be confirmed for next season -- will team up with talented Mexican Sergio Perez in a team that is likely to have its name changed by his father.

Stroll replaces Frenchman Esteban Ocon, who has driven consistently well for them for the past two years. Ocon remains without a team for 2019. “This is the beginning of an incredibly exciting journey in my Formula One career,” Stroll said on the Force India website. “I look forward to working alongside a successful team with a great culture.

It’s a new challenge and I am excited to embrace this new opportunity!” Stroll’s best finish in two years at Williams was third in the 2017 Azerbaijan Grand Prix. The same year he also qualified fourth fastest in the Italian Grand Prix, ending the campaign 12th in the drivers championship with 40 points. This past campaign -- which ended last Sunday in Abu Dhabi -- has been significantly less eye-catching for Stroll, accruing only six points to end up 18th in the drivers championship.




US, China open trade talks in Beijing

US, China open trade talks in Beijing

US and Chinese negotiators kicked off two days of high-level trade talks in Beijing yesterday hoping to resolve a festering dispute that has cast a shadow over financial markets and the global growth outlook. Pressure to seal an accord

Saudi crown prince to visit Indonesia

Saudi crown prince to visit Indonesia

Indonesia will host Saudi Arabian Crown Prince Mohammed bin Salman for a state visit next week, Jakarta said yesterday, part of an Asian tour that includes stops in Pakistan, India and Malaysia. His two-day visit to the world’s b

Bahrain ready for Sports Day

Bahrain ready for Sports Day

The Kingdom of Bahrain is all set to embrace another major sporting event as the 2019 Bahrain Sports Day kicks off in different parts of Bahrain today. Organisations representing government and non-government parties, including ministr


Khloe breaks up with Tristan

Khloe breaks up with Tristan

American reality star Khloe Kardashian has called it quits with NBA player Tristan Thompson, just 10 months after the two welcomed their daughter. E! News confirmed recently that the couple has split up. This comes right around the sam

Palladium tops $1,500

Palladium tops $1,500

Precious metal palladium yesterday reached above $1,500 per ounce for the first time in trading thanks to supply deficit worries, according to analysts. Palladium hit $1,504.52 per ounce from $1,480.15 late on Tuesday. It later yesterd

ABG reports profit of US $129 million

ABG reports profit of US $129 million

Al Baraka Banking Group (ABG) reported increases in income, with a 4 per cent increase in net operating income, a 5pc rise in total net income, as net income attributable of shareholders remained unchanged compared to the year 2017. Th