Bloomberg Ignoring its global mandate to invest in Apple Inc. and Facebook Inc. is delivering top returns for this technology fund. The Swedbank Robur Ny Teknik fund just focuses on small, “innovative” companies in Scandinavia with a heavy concentration in medical technology. “There’s a Nordic IT miracle,” Carl Armfelt, the fund’s manager who also helps oversee the small-cap team ...

  JAKARTA / WAM The UAE participated in the Indian Ocean Rim Association (IORA) Leaders’ Summit and other related meetings that took place in the Indonesian capital, Jakarta, from March 5-7 under the slogan “Strengthening Naval Cooperation to Achieve Peace, Stability and Welfare in the Indian Ocean”. The IORA Summit marked the occasion of the association’s 20th year and is ...

  ABU DHABI / WAM The inflation rate in consumer prices for the first two months of 2017 was 2.0 percent as compared to the same period of last year, as shown by the increase in the Consumer Price Index (CPI) to 107.7, up from 105.6 during the same period of 2016. The Abu Dhabi region contributed 54.6 percent of ...