UAE BLUE CHIPS MAKE A PLAY FOR ‘GLOBAL REACH’: The UAE’s tech-to-telecom giant e& added another percentage stake in the UK enterprise Vodafone, continuing a process that started in May last year with a $4 billion-plus stock purchase. UAE mega corporations are thinking beyond the region, armed with the cash resources and the chutzpah to take on the world, and that’s heartening. The e& push should be seen in the same light as FAB’s plans — since shelved — to acquire the UK bank Standard Chartered and the multiple geographic and corporate deal-making goals pursued by IHC, the ADX-listed heavy hitter. For these behemoths, it’s about thinking and going global. That’s the way to go. (By Manoj Nair, Business Editor)