Bloomberg Sri Lanka’s stock market trading was halted twice on Wednesday after a gauge of blue-chip shares tumbled more than 8%, highlighting the mounting economic crisis prompted by a shortage of dollars and surging inflation. The benchmark Colombo All Share Index settled 2.7% lower at 11,285.37 after a slide in a measure of the nation’s top 20 stocks by ...

  ABU DHABI / WAM The United Arab Emirates has strongly denounced the terrorist Houthi militia’s attack on King Abdullah bin Abdulaziz Airport in Jizan with a bomb-laden drone, which was intercepted by the Coalition Forces. In a statement issued on Tuesday by the Ministry of Foreign Affairs and International Cooperation (MoFAIC), the UAE affirmed that the thwarted attack on ...

  Abu Dhabi / WAM Singapore-based Princeton Digital Group (PDG) has closed an equity investment from Mubadala Investment Company (Mubadala) as a lead investor for $350 million. Both existing shareholders in PDG, Warburg Pincus and Ontario Teachers’ Pension Plan Board (Ontario Teachers’), also invested in this round, with the total exceeding half a billion dollars. Established in 2017, PDG is ...