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UAE to unveil major domestic investment projects, says Al Zeyoudi
Abu Dhabi: The UAE is preparing to announce major domestic investment projects aimed at strengthening infrastructure, strategic sectors and public-private partnerships, Dr Thani Bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, said at the Make it in the Emirates summit in Abu Dhabi.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The comments signal that the next phase of the UAE’s resilience strategy will focus more heavily on investment inside the country...
Geothermal Energy Developer Fervo Seeks $1.33 Billion in US IPO
Fervo Energy Co., a geothermal energy developer, is looking to raise as much as $1.33 billion in a US initial public offering, as more firms seek to capitalize on the growing power demand for data centers.
Trump’s ‘Project Freedom’ Plans to Guide Trapped Ships Through Hormuz
US President Donald Trump announced a fresh plan to help vessels through the Strait of Hormuz as attacks continue and traffic remains at a near standstill. Meanwhile, Tasnim reports that Iran “redefined the control zone” in the Strait of Hormuz on Monday. Tyler Kendall reports on Bloomberg Television. (Source: Bloomberg)
Senegal's Faye Says Party At Risk As Tensions Simmer (Video)
Temperatures to fall this week after the bank holiday
Temperatures to fall this week after the bank holidayImage source, BBC Weather Watchers / JefferzImage caption, A photo from a weather watcher in Hagley, WorcesterByHelen WillettsLead Weather Presenter, Reporting fromBBC Weather CentrePublished1 hour agoAfter last week's warmth, the first full week of May is set to see temperatures tumble across the UK.Temperatures peaked around 25C (77F) in parts of England on Friday, but this week is shaping up to be noticeably cooler.There is a mixed for...
Nationals fan survey results, Pt. 1: Grading the new brass and the Gore trade
WASHINGTON — I’ll begin this story with an apology.It is difficult to judge a team after one month. I imagine, for instance, that the consensus on Cade Cavalli (back-to-back 10-strikeout games) has changed since you all filled this survey out. Still, I believe it’s important to regularly hear from the fans — in this case, 1,639 of you — and I personally believe we’ve already learned a good deal about the direction of this club, and the way it operates.Advertisement
Whatnot has Americans Hooked on Livestream Shopping
Whatnot's rapid-fire auctions has the apps customers spending big on everything from sports cards to seafood, for better or worse. Alicia Tang reports. (Source: Bloomberg)
Henko Weighs Stake Sale in Portuguese Engineering Firm Quadrante
Henko Partners is exploring the sale of its minority stake in Quadrante, a deal that could value the Portuguese engineering and environmental consultancy at more than €300 million ($352 million), according to people familiar with the matter.
Moldova withdraws from Energy Charter Treaty following EU example
Moldova joined the Energy Charter Treaty in 1996
Bank of America Didn’t ‘Wall-Cross’ Segantii Before Esprit Block
Bank of America Corp. traders working on a 2017 block sale in the shares of fashion retailer Esprit Holdings Ltd. didn’t “wall-cross” Segantii Capital Management before disclosing some information about the potential deal, Hong Kong prosecutors said on Monday.
Iran War: US to Help Ships Exit Hormuz & Trump Plans 25% Tariff on European Autos | The Pulse 5/4
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Maria Vassalou, Head of the Pictet Research Institute & Aniseh Bassiri Tabrizi, Associate Fellow at Chatham House. (Source: Bloomberg)
UAE’s exit from OPEC is retaliation against regional countries — Iranian Foreign Ministry
According to Esmail Baghaei, over the past two months the UAE has taken a number of destructive steps, including cooperation with the United States and Israel during the aggression against Iran
Hollywood filmmaker is embroiled in bitter court battle over family's crumbling 'Downton Shabby' estate
Hopwood DePree, 56, has become embroiled in a legal battle with a council over his ancestral family home, after finding himself locked out of the building despite putting in years of hard labour to restore it.
With World Distracted by Iran War, Israeli Settlers Intensify Attacks in West Bank
Israel has failed to arrest a wave of violence against Palestinians, prompting military officials to urge the government to intervene.
ECB’s Villeroy Urges Caution and Readiness on Rate Hikes
The European Central Bank must be both cautious and ready to act on interest rates should inflation spread beyond a surge in oil prices, outgoing Governing Council member Francois Villeroy de Galhau said.
Hazelview Adds Presima Assets in Push to Scale REIT Business
Hazelview Investments Inc., a private money manager that specializes in commercial real estate, is combining its listed real estate business with that of Presima Securities ULC in a move to bulk up its global platform.
Terms of Trade: And then there were none
The BJP’s 45% vote share, assuming only Hindus voted for it, suggests a consolidation of about two-thirds of the Hindu voters| India News
Freight loading on Russian Railways network rises 1.9% in April to 94.7 mln tons
Russian Railways added that the main drivers of growth were coal, grain, and non-ferrous ore
Investing in UAE is 'no longer optional', Adnoc CEO tells private sector
[Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]The UAE’s private sector was told on Monday that investing at home is “no longer an option” but a national priority, as the largest edition of Make it in the Emirates opened with a call to strengthen economic sovereignty, local manufacturing and industrial resilience.Dr Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC...
World’s Super-Rich Boost Conflict Economy Wagers Amid Iran War
Members of the world’s ultra-wealthy are striking bets on a range of sectors seeing valuation swings in the fallout from the war in the Middle East, signaling how rising geopolitical tensions are reshaping private investors’ focus.