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Expo City Dubai launches second phase of Shamsa Townhouses as first phase sells out

DUBAI / WAM Master developer Expo City Dubai has announced the second phase of its Shamsa Townhouses project in Expo Valley, launching a limited number of units following the sell-out of the first phase. Demonstrating its global appeal, the project has seen interest from both investors and owners from around the world. Mangrove Residences, the first of three clusters of ...

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Edge’s Milrem Robotics unveils UGV with Hunter 2-S drones

ABU DHABI / WAM Edge entity Milrem Robotics, Europe’s leading developer of robotics and autonomous systems, on Wednesday unveiled the THeMIS Combat unmanned ground vehicle (UGV), equipped with the HALCON Hunter 2-S swarming loitering munition. HALCON is a regional leader in the design and production of guided weapons systems and beyond. The new THeMIS Combat was unveiled in London at ...

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Dollar to rise soon  another 5% on sticky inflation, says Acadian

BLOOMBERG The dollar is poised to jump with Treasury yields in the coming months as still-elevated inflation will likely push the Federal Reserve toward further policy tightening, says Clifton Hill at Acadian Asset Management. Hill, a global macro portfolio manager, sees the US currency gaining an additional 5% versus many peers, with the trigger coming as policy makers signal further ...

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