The head of the UAE's strategic Mubadala Investment Company on Thursday stressed the need for the Emirates to balance ties with the US and China, despite the rising rivalry between the powers. Khaldoon Al Mubarak, chief executive of the company, rejected the characterisation of a “zero-sum game” in the UAE's economic ties with US and Chinese. “We look at it from a very economic and commercial lens, and not as a zero-sum game,” Mr Al Mubarak said at a luncheon in Washington hosted by the US-UAE Business Council “The US for us is a crucial strategic ally, economic ally, economic...