分类： business

Peru is actively pursuing increased Chinese investment to bolster its economic development and enhance public welfare, following the successful inauguration of the Chancay Port, a key project under China’s Belt and Road Initiative. Gonzalo Talavera, the charge d’affaires ad interim of the Peruvian Embassy in China, emphasized this goal during a recent event in Beijing, where he highlighted investment opportunities in sectors such as infrastructure, energy, and public well-being. The Chancay Port, which celebrated its first anniversary on Friday, has emerged as a pivotal trade hub in Latin America, significantly reducing maritime transport times and boosting trade between China, Peru, and the broader South American region. According to Peru’s Customs authority, the port has facilitated $603 million in exports and $984 million in imports in the first nine months of this year, generating $207 million in tax revenue and supporting regional economic growth. Talavera noted that the port has enhanced connectivity for landlocked neighboring countries and reduced logistics costs across South America. He also praised China’s leadership in railway construction and solar energy, inviting more Chinese enterprises to invest in Peru and share their expertise. ‘We consider China a reliable partner,’ Talavera stated, adding that increased Chinese investment would drive Peru’s socioeconomic development and benefit both nations.

In the dynamic digital environment of the UAE, Salman Hyder, a Pakistani entrepreneur, has emerged as a trailblazer in transforming the nation’s visa and business services. As the founder of UAEVisa.com and Express Business Formation and Services (EBFS), Hyder has redefined the landscape of online visa applications and business setup processes. His platforms have become synonymous with innovation, transparency, and customer-centric solutions. Born in Karachi, Hyder’s expertise in information technology and marketing has enabled him to simplify complex systems for global users, making the UAE more accessible to travelers and entrepreneurs alike. His journey began with the creation of DubaiVisa.com, a pioneering online visa platform. Despite its success, financial challenges led him to part ways with the project, fueling his determination to build something even more impactful. This vision materialized as UAEVisa.com, which has set new standards in the visa facilitation industry. The platform offers a streamlined, hassle-free process, ensuring applicants receive their UAE visas quickly and confidently. Beyond tourism, Hyder’s EBFS provides comprehensive business setup services, including company registration, licensing, and visa processing, empowering entrepreneurs to navigate the UAE’s dynamic business environment. Hyder’s work is driven by a commitment to trust and transparency, ensuring compliance with UAE government guidelines. His story is a testament to resilience and innovation, blending South Asian ingenuity with Middle Eastern opportunities. Looking ahead, Hyder envisions UAEVisa.com as a holistic travel and business facilitation ecosystem, integrating services like travel insurance and digital ID verification. His journey exemplifies how vision and purpose can transform challenges into extraordinary achievements.

Doug McMillon, the long-serving CEO of Walmart, is set to retire in January, marking the end of a transformative era for the retail giant. McMillon, 59, has led the company for over a decade, during which Walmart significantly expanded its e-commerce operations and streamlined its international ventures. His successor, John Furner, a seasoned Walmart executive who rose through the ranks from store-level positions, will assume the role of CEO. Furner currently oversees Walmart’s U.S. operations and is poised to guide the company through its next phase of growth. The leadership transition comes at a time when Walmart has demonstrated resilience, achieving steady growth despite challenges such as new tariffs and fluctuating consumer spending. Greg Penner, Walmart’s chairman, praised McMillon for his strategic investments in digital capabilities, supply chain modernization, and employee development, which have strengthened the company’s financial performance. McMillon will remain on the board as an adviser until June 2026 to ensure a smooth transition. In a statement, McMillon expressed his gratitude for the opportunity to lead Walmart and lauded Furner’s readiness to drive the company’s AI-driven transformation. Despite the announcement, Walmart’s shares dipped by 2% in early trading, reflecting investor reactions to the leadership change.

Emirates, the Dubai-based airline, has announced the suspension of its flights to Damascus, Syria, effective November 15, 2025. The decision, confirmed by an Emirates spokesperson, stems from a routine operational review aimed at optimizing fleet utilization in alignment with the airline’s business objectives. Passengers with bookings on Emirates flights after November 14 will be rebooked on flydubai, ensuring continued air connectivity between Dubai and Damascus. The airline expressed regret for any inconvenience caused and emphasized its commitment to resuming operations at the earliest opportunity. This suspension marks a temporary halt in Emirates’ services to Damascus, which were reintroduced in July 2025 after a 13-year pause due to the Syrian civil war. Initially operating three weekly flights, Emirates expanded its services to daily flights in October 2025, utilizing a Boeing 777-200LR aircraft. The reintroduction of flights earlier this year followed a thorough evaluation in collaboration with the UAE General Civil Aviation Authority. Other UAE carriers, including Etihad and flydubai, continue to operate flights to Damascus. Emirates’ decision underscores the dynamic nature of airline operations and the challenges of maintaining routes in regions with complex geopolitical landscapes.