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DUBAI - China's Belt and Road Initiative is an opportunity for the Arab world to close the infrastructure funding gap and to lift its economic sectors to the next level, Nasser Saidi, a leading economist in the United Arab Emirates (UAE), said on Monday.

Daxia Laile, a chain of crawfish restaurants, has seen its business take off since it started deliveries on its own and through other services in 2015, said Dai Jinsheng, its founder.

David Hutton, the managing director of development in Asia for Lendlease, added the policy is terrific because it really improves the living options for senior people in the country.

Dec 16 - Wall Street rose on Wednesday, with the Nasdaq hitting a record high as investors awaited a potential fiscal economic stimulus package and after the Federal Reserve repeated a pledge to keep its benchmark interest rate near zero.

Dani Rodrik, a professor of international political economy at the Kennedy School of Government at Harvard University, believes the main reason for the complaint in the US is that the gains of globalization have not been equally distributed in the US.