Bloomberg The International Monetary Fund (IMF) warned of the risk of sudden and steep declines in global equity prices and home values as the Federal Reserve and other central banks withdraw the support they’ve provided during the pandemic. Ultra-easy monetary policy has led to “pockets of market exuberance and rising financial leverage” that could unwind in disorderly ways and put ...

DUBAI/LONDON / WAM DP World has announced the creation of an investment platform in partnership with CDC Group (CDC), the UK’s development finance institution and impact investor. The platform covers a long-term investment period. DP World is contributing its stakes in three existing ports initially and expects to invest a further $1 billion through the platform over the next several ...

ABU DHABI / WAM The UAE has condemned the terrorist attack that targeted a Yemeni convoy, which included Aden Governor and Yemen’s Minister of Fisheries, leading to several civilian deaths and injuries. The Ministry of Foreign Affairs and International Cooperation reaffirmed the UAE’s strong denunciation of such criminal acts and all forms of terrorism and violence that threaten the region’s ...