Archives
Saudi Arabia Gives Up $27 Billion to Wealth Fund for Deals
The movement of funds from Saudi Arabia to the PIF from SAMA, as the central bank is known, indicates that the role of the central bank could be gradually shifting, Mohamad Al Hajj, Dubai-based equity strategist for the Middle East and North Africa at EFG-Hermes U.A.E. Ltd.
Colombia Plane Crash Kills Brazilian Football Team, Death Toll Rises To 75
Fatalities in the Colombia plane crash on Monday has risen to 75. The British charter plane was en route to Medellin when it crashed in La Union.
Top Car Companies To Fund Car Charging Points
Volkswagen, its Audi and Porsche luxury brands, BMW, Daimler, and Ford’s European division have joined forces to build more electric car charging sites across Europe. The joint venture wants to create 400 charging sites next year in order to boost the demand on electric vehicles.
ALS ONE Receives $4 Million Grant For ALS Treatment Research
ALS ONE has been granted $4 million to fund researches on the development of ALS treatment. The organization, which was founded early this year by Kevin Gosnell, works in collaboration with four other institutional leaders in ALS treatment.