The size of the wealth of the 5 richest Arab households in 2022 and the amount of losses

The size of the wealth of the 5 richest Arab households in 2022 and the amount of losses

Dubai, United Arab Emirates (CNN) – Forbes magazine has released a list of the 5 richest Arab families for the year 2022. The Sawiris family ranked first as the richest family in the Arab region, with a net worth total of $11.2 billion. The Sawiris family’s wealth decreased by $800 million from March 11, 2022 … Read more

Emirates News Agency – Air traffic in Europe reaches 83% of pre-pandemic levels

Emirates News Agency – Air traffic in Europe reaches 83% of pre-pandemic levels

Tuesday 3 January 2023 – 3.10pm BRUSSELS, January 3rd / WAM / European air traffic is back at 83% of 2019 levels, in a strong recovery driven above all by low-cost airlines and southern European holiday destinations, as announced by the control group of the Eurocontrol air traffic in Brussels. Despite this strong performance, the … Read more

Topman Primark still doesn’t want an online store despite lockdown losses | Economy

Topman Primark still doesn’t want an online store despite lockdown losses |  Economy

Clothing chain Primark doesn’t yet see anything in setting up an online store. This was stated by CEO George Weston in an interview with the British business newspaper Financial Times. The company is one of the few clothing sellers without an online store and has therefore lost a lot of revenue during the lockdowns. However, … Read more

FTX’s “Cryptoking” in Court: Here’s What You Need to Know | Economy

FTX’s “Cryptoking” in Court: Here’s What You Need to Know |  Economy

Door onze economieredactie 03 jan 2023 om 05:31 It can go fast. Early last year, FTX founder Sam Bankman-Fried was still seen as a “king of cryptocurrencies” and a few months later his cryptocurrency exchange collapsed and he was arrested. Bankman-Fried will appear in court for the first time on Tuesday. Four questions about the … Read more

How did Elon Musk go from the richest person in the world to the loser in history?

How did Elon Musk go from the richest person in the world to the loser in history?

(CNN) – Bloomberg News said last week that billionaire Elon Musk became the first person to lose $200 billion of his wealth in history. He added that, according to the “Bloomberg” Billionaires Index, the wealth of Musk, CEO of “Tesla”, “SpaceX” and “Twitter”, amounted to 137 billion dollars, and he ranks second on the list … Read more

IL PALLONE – «When we see our name associated with big clubs and national teams it is a great honour» (Brazil)

IL PALLONE – «When we see our name associated with big clubs and national teams it is a great honour» (Brazil)

Abel Ferreira this Monday received a vote of praise from the parish council of Meinedo, Lousada, where he lives, and shared feelings of “honor and pride” for the tribute, but also for continuing to be named as a possible successor to Tite in the selection of Brazil. “I often remember where I’m from and what … Read more

LA PALLA – Big news for Sérgio Conceição ahead of Casa Pia (FC Porto)

LA PALLA – Big news for Sérgio Conceição ahead of Casa Pia (FC Porto)

First training of the year for FC Porto, at the Olival, and great news for coach Sérgio Conceição, since Pepe, according to the clinical bulletin, has carried out conditioned integrated training and, according to all indications, should be ready to be called up at least for the match against Casa Pia, at the National Stadium, … Read more

Cheap Lira and Russian Sanctions Set Turkey’s Export Record | Economy

Cheap Lira and Russian Sanctions Set Turkey’s Export Record |  Economy

Turkey exported a record amount of goods and services last year. In total, $254 billion (€238 billion) has been transported abroad, President Recep Tayyip Erdogan said in a televised address on Monday. Exports were boosted by the cheap Turkish lira and strengthening economic relations with Russia. Turkey does not participate in Western sanctions against Russia … Read more

The number of mortgage applications has dropped sharply for the third month in a row | Economy

The number of mortgage applications has dropped sharply for the third month in a row |  Economy

In December, there were 27,308 loan applications. That’s 40 percent less than the same month last year, according to data from data collector HDN. It is the third consecutive month that the number of applications is tens of percentage points lower than the previous year. The decrease is partly due to the increase in mortgage … Read more

Emirates News Agency – AED 13.7 billion, Abu Dhabi market gains in first sessions of 2023

Emirates News Agency – Air traffic in Europe reaches 83% of pre-pandemic levels

Monday 2 January 2023 – 6.17pm ABU DHABI, January 2nd / WAM / Abu Dhabi stock market consolidated its gains at the close of trading today after its market capitalization gained more than AED 13.7 billion, buoyed by gains in major stocks of the financial sector, utilities and industries, at a time when calm dominated … Read more