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Ominvest-Led Consortium Proposes Revised Offer to Acquire Majority Stake in Ahli Bank

World Economic Magazine May 26, 2023

In a game-changing move for Oman’s banking sector, a consortium led by Ominvest has proposed a revised offer to acquire a majority stake in Ahli Bank. With an enhanced cash offer, this strategic alliance aims to fuel growth opportunities and reshape the financial landscape. As the acquisition progresses, the potential implications for Ahli Bank and the broader banking industry in Oman are poised to unlock new horizons of competitiveness and collaboration. Stay tuned to witness the transformative journey of Ahli Bank and its impact on Oman’s financial future.

CIC Sells Winchester House in London for $316 Million

World Economic Magazine May 15, 2023

China’s sovereign wealth fund – China Investment Corporation (CIC) – has sold Winchester House in the City of London – its first direct investment in the UK real estate market – at a loss, indicating it could be ditching assets amid rising geopolitical risks.

Global Pension Systems Ill-Prepared to Deal with Demographic Changes

World Economic Magazine May 15, 2023

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared to deal with demographic changes as the ageing of societies continues to accelerate, according to a new report from Allianz.

Annual Investment Meeting witnesses the launch of UNCTAD World Investment Forum 2023

World Economic Magazine May 12, 2023

James Zhan, Executive Director, UNCTAD World Investment Forum, announced the launch of ‘UNCTAD World Investment Forum 2023’ at the 12th edition of the Annual Investment Meeting at the Abu Dhabi National Exhibitions Centre. Taking place under the theme ‘Investing in sustainable development’, the forum, which will be held in October will bring together government leaders, global CEOs and other investment stakeholders.

Humanity International Investments: DRC and UAE to Collaborate on Economic Cooperation, Investment, and Infrastructure as discussed at Annual Investment Meeting

World Economic Magazine May 12, 2023

The 12th edition of the Annual Investment Meeting (AIM) announced today that the Democratic Republic of the Congo (DRC) and the United Arab Emirates will collaborate on various projects focused on economic cooperation, investment, and infrastructure in addition to promoting humanitarian assistance efforts.

Baltic Wind Connector Project To be Developed Between Germany and Estonia

World Economic Magazine May 11, 2023

50Hertz, the German electricity transmission system operator (TSO), and its counterparts from Estonia, Latvia and Lithuania on Tuesday have agreed to jointly develop a hybrid submarine cable project “Baltic WindConnector” in the Baltic Sea between Estonia and Germany.

Ominvest-Led Consortium Proposes Revised Offer to Acquire Majority Stake in Ahli Bank

World Economic Magazine May 26, 2023

In a game-changing move for Oman’s banking sector, a consortium led by Ominvest has proposed a revised offer to acquire a majority stake in Ahli Bank. With an enhanced cash offer, this strategic alliance aims to fuel growth opportunities and reshape the financial landscape. As the acquisition progresses, the potential implications for Ahli Bank and the broader banking industry in Oman are poised to unlock new horizons of competitiveness and collaboration. Stay tuned to witness the transformative journey of Ahli Bank and its impact on Oman’s financial future.

CIC Sells Winchester House in London for $316 Million

World Economic Magazine May 15, 2023

China’s sovereign wealth fund – China Investment Corporation (CIC) – has sold Winchester House in the City of London – its first direct investment in the UK real estate market – at a loss, indicating it could be ditching assets amid rising geopolitical risks.

Global Pension Systems Ill-Prepared to Deal with Demographic Changes

World Economic Magazine May 15, 2023

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared to deal with demographic changes as the ageing of societies continues to accelerate, according to a new report from Allianz.

Annual Investment Meeting witnesses the launch of UNCTAD World Investment Forum 2023

World Economic Magazine May 12, 2023

James Zhan, Executive Director, UNCTAD World Investment Forum, announced the launch of ‘UNCTAD World Investment Forum 2023’ at the 12th edition of the Annual Investment Meeting at the Abu Dhabi National Exhibitions Centre. Taking place under the theme ‘Investing in sustainable development’, the forum, which will be held in October will bring together government leaders, global CEOs and other investment stakeholders.

Humanity International Investments: DRC and UAE to Collaborate on Economic Cooperation, Investment, and Infrastructure as discussed at Annual Investment Meeting

World Economic Magazine May 12, 2023

The 12th edition of the Annual Investment Meeting (AIM) announced today that the Democratic Republic of the Congo (DRC) and the United Arab Emirates will collaborate on various projects focused on economic cooperation, investment, and infrastructure in addition to promoting humanitarian assistance efforts.

Baltic Wind Connector Project To be Developed Between Germany and Estonia

World Economic Magazine May 11, 2023

50Hertz, the German electricity transmission system operator (TSO), and its counterparts from Estonia, Latvia and Lithuania on Tuesday have agreed to jointly develop a hybrid submarine cable project “Baltic WindConnector” in the Baltic Sea between Estonia and Germany.

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