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Dubai's Golden Visas Are Helping City Defy Global Office Slump

(Bloomberg) -- At the height of the global pandemic, as Dubai faced an exodus of expatriates and mounting competition from neighboring business hubs, the government opened up. That decision is now helping the city dodge the commercial real estate crisis rippling across the globe.Most Read from BloombergTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderSystemic Risk Concerns Grow Among Money Managers as Real Estate Woes Cause TurmoilTop Investors Share the Toughest Lessons They Had t
New York United States City Of United Kingdom United Arab Emirates Ar Riya
Source: yahoo.com

Some Russian Banks May Have Swapped Gold for Dollars, Report Says

(Bloomberg) -- Some Russian banks appear to have maneuvered around a ban on shipping dollars and euros to the country by trading gold in the United Arab Emirates and Turkey, according to research from a financial-intelligence company.Most Read from BloombergTrump Denied Immunity in DC Election Case by Appeals CourtXi to Discuss China Stocks With Regulators as Rescue Bets BuildWall Street Snubs China for India in a Historic Markets Shift‘Money Dysmorphia’ Traps Millennials and Gen Z...
United States United Arab Emirates New York Hong Kong City Of United Kingdom
Source: yahoo.com

UAE, Turkey Discuss Rail Link in Race For Europe-Asia Trade Routes

(Bloomberg) -- Abu Dhabi wealth fund ADQ and Turkey are in talks to build a railway over Istanbul’s Bosphorus strait as part of a planned trade corridor linking Europe to the Middle East and Asia, according to Turkish officials familiar with the matter.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpOnly an Equities Crash Can Rescue the Bond Market, Barclays SaysOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks Buoyed by Big Tech Gains as...
United Arab Emirates Saudi Arabia City Of United Kingdom Black Sea Oceans General
Source: yahoo.com

Abu Dhabi Scours for Global Banking Deal Armed With $1 Trillion

(Bloomberg) -- Over the past year, the oil-rich emirate of Abu Dhabi has explored a string of ambitious acquisitions in the international banking sector in an attempt to become a global financial powerhouse. None have panned out so far. Most Read from BloombergThese Are World’s Most Expensive Cities for High-Class LivingNoises Detected in Search for Titanic Sub as Oxygen DwindlesHedging Failure Exposes Private Equity to Interest-Rate SurgeWhat We Know About the Missing Titanic Submersible...
Al Nahyan Abuz Aby United Arab Emirates Abu Dhabi United Kingdom Shabbir Malik
Source: yahoo.com

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Biden Calls for Fourth Industrial Revolution: Climate Summit Updates – gCaptain

By Bloomberg News (Bloomberg) — Day two of President Joe Biden’s international climate summit concluded on Friday. Biden pledged during the first day of the virtual event to slash U.S. greenhouse gas emissions in half by the end of the decade, part of a plan to bring the U.S. back into the global fight against climate change. Day two focused on innovation and the economic opportunity in fighting climate change. This is designed to refute skepticism from some blue-collar workers and labor l...
New York United States Glasgow City United Kingdom White House District Of Columbia

First Mideast Bitcoin ETF Aims to Raise More Than $200 Million

(Bloomberg) — Try refreshing your browser, or First Mideast Bitcoin ETF Aims to Raise More Than $200 Million Back to video Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer. The intent of listing on the Nasdaq Dubai exchange is to get trading at all hours around the globe, said CEO Fred Pye. “We trade on the North American market times a...
United Arab Emirates Abuz Aby United States Fred Pye Abeer Abu Omar Q Coinshares Bitcoin

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