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Bahrain plans first bond since $10 billion lifeline

Bloomberg Bahrain is planning to return to international bond markets this year for first time since the kingdom’s Gulf allies pledged a $10 billion package to help repair its finances and support its currency, according to people familiar with the matter. Government officials are in talks with banks for a possible issuance in the second half of the year and ...

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Trade war wiped out $21bn for materials investors in two days

Bloomberg How bad is the trade war for materials investors? How about nearly $21 billion lost in two days. The S&P 500 Materials Index fell about 3.2 percent against the close after President Trump threatened to raise tariffs on billions of dollars of imports from China. The total value lost for the index totalled about $21 billion, according to Bloomberg ...

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UAE embassy in Colombia launches first edition of its e-newspaper in Spanish

BOGOTA / WAM The UAE Embassy in Colombia launched the first edition of its bi-annual Spanish-language e-newspaper, titled, “Darna.” The newspaper is aimed at introducing the Colombian community to the UAE’s cultural, social and economic achievements. Salem Rashid Al Owais, UAE Ambassador to Colombia, said that the embassy aims to reach out to private companies, the local business community, and ...

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