Traders at a stock brokerage firm in London. Reuters
Britain said it is ramping up preparations for a no-deal Brexit by spending an extra 2.1 billion pounds ($2.6 billion) to stockpile medicines, hire more border officials and fund one of the biggest peacetime advertising campaigns.
World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the European Union.
The FTSE 350 travel and leisure index, which was tracking its worst year in a decade with a 40% fall, was down 2.3% to its lowest in nearly a month. IAG fell to the bottom of London's bluechip index, while TUI was the worst performer on the mid-caps and On The Beach underperformed the small caps.
ADQ, an Abu Dhabi-based investment and holding company, has unveiled plans to invest US$35 billion in Egypt. ADQ will acquire the development rights for Ras El-Hekma for $24 billion
His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, affirmed that startups based on modern technologies
Moscow is emerging as a vibrant tourist destination, with particular emphasis on fostering ties with Gulf countries, especially the UAE. In recent years, various measures have been implemented to enhance the travel experience to Moscow and make it more convenient and enjoyable for
Gregonis praised Dubai as an innovative city with 12 US companies that have innovation centres where they showcase their latest technologies. She expressed her pride in the American national companies that are showcasing their latest achievements, especially in the field of the automotive industry.