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May 31, 2022 Local News, Uncategorized
Dubai / WAM The Dubai Financial Market (DFM) will organise its annual 2022 International Investors Roadshow on June 9-10, in collaboration with HSBC. The roadshow will connect senior executives of leading issuers of equities, sukuk and bonds on Dubai capital markets with numerous leading investment institutions globally. The resumption of DFM’s annual international investors roadshows in London, initiated in 2007 ...
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May 31, 2022 Local News, Uncategorized
ABU DHABI / WAM Mubadala Health on Monday announced the signing of a memorandum of understanding (MoU) with the Abu Dhabi Early Childhood Authority (ECA) to provide world-class expertise from across its extensive network of healthcare entities in service of families across the emirate of Abu Dhabi. The partnership will see both entities collaborate on various initiatives designed to ...
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May 31, 2022 Local News, Uncategorized
Abu Dhabi / WAM Khalifa Fund for Enterprise Development (KFED) officially held its inaugural international capacity building services with a three-day training programme in Zanzibar. The training programme was attended by Dr Islam Seif Salim, Permeant Secretary, Ministry of Trade and Industrial Development, and commenced with a welcoming speech by Khalifa Abdul Rahman Al Marzouqi, UAE Ambassador to Tanzania. ...
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May 31, 2022 Energy, Uncategorized
Bloomberg Sweden, known for its long dark winters with barely any daylight, is seeing a solar power boom. Harnessing whatever sunshine the country gets is emerging as the quickest solution to fill part of the void left by two closed nuclear reactors in southern Sweden, where the biggest cities and industries are located. With shortages piling up in the ...
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May 31, 2022 Opinion
Sri Lanka has a habit of selling off its assets when times are tough. And it doesn’t get much tougher than this. The tiny island nation is in default and in desperate need of $4 billion to pay for food, fuel and fertiliser to stave off a deeper crisis. The newly appointed prime minister, Ranil Wickremesinghe — his sixth time ...
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May 31, 2022 Opinion
At first glance, the acute shortage of baby formula seems like an advertisement for breast-feeding. If only women did what came naturally, the thinking might go, maybe there wouldn’t be a problem at all. This argument would draw on evidence that multinational corporations like Nestle did much to persuade women to give up breast-feeding in favour of formula. Their 20th-century ...
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May 31, 2022 Opinion
Cryptocurrencies are the exact opposite of a prudent investment: They’re volatile, have little practical use beyond speculation and crime, often get lost or stolen, and lack the real-world cash flows that underpin the values of stocks and bonds. It should thus go without saying that they have no place in a retirement savings plan. Unfortunately, it appears to require ...
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May 31, 2022 Opinion
One of the ironies of Russia’s war against Ukraine — ostensibly fought to prevent that nation from joining the North Atlantic Treaty Organization (Nato) — has been its impact on two of Europe’s traditionally neutral states, Finland and Sweden. On May 18, just 84 days after the invasion, Swedish and Finnish ambassadors handed over applications to join Nato in ...
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May 31, 2022 Aviation
Bloomberg Britain’s airports, airlines and ports face their most frenetic weekend for years as a surge of vacation-bound passengers puts further stress on travel hubs already hobbled by a staffing shortfall and other issues. London’s Gatwick airport said it was set to be its busiest day since the start of the coronavirus pandemic, surpassing April’s Easter rush, with more ...
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May 31, 2022 Retail
Bloomberg Amazon.com Inc shareholders delivered a rebuke to the company over the pay for Chief Executive Officer Andy Jassy and other top executives, with an unusually close vote in the symbolic measure to ratify compensation packages for the company’s leaders. Vote totals disclosed in a filing show 56% of shareholders supported the company’s executive pay for 2021, which included $350 ...
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