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Swedish property stocks end brutal 2022 with tough reset ahead

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  Bloomberg In 2021, a Swedish property company was one of Europe’s top stocks. It’s ending 2022 at the very bottom of the leaderboard, with a 73% slump that underpins a sector-wide reset. The reversal of fortunes for Samhallsbyggnadsbolaget i Norden AB — known as SBB — illustrates the woes of Swedish real estate stocks as they grapple with the ...

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EGA signs deal to supply solar aluminium for Nissan vehicles

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Abu Dhabi / WAM Emirates Global Aluminium (EGA), the largest industry company in the UAE outside of oil and gas, has agreed to supply CelestiAL solar aluminium to Kobe Steel to make automotive body sheet for Nissan The agreement with Kobe Steel will see the supply of EGA’s CelestiAL solar aluminium to one of the largest rolling mills in Japan. ...

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UAE to host WTO’s ministerial conference in February 2024

  Abu Dhabi / WAM The United Arab Emirates was announced as the host of the 13th Ministerial Conference (MC13) of the World Trade Organisation (WTO). The foremost deliberation body of the WTO, which meets once every two years, will be coming to Abu Dhabi in the first quarter of 2024, placing the UAE at the heart of the conversations ...

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