Fund will be used to finance top infrastructure projects, boost connectivity across the nation
Updated 16 min 16 sec ago
ISMIRA LUTFIA TISNADIBRATA
March 24, 2021 19:01
JAKARTA: Indonesia on Wednesday welcomed the UAE’s commitment to invest $10 billion in its recently launched sovereign wealth fund, which a senior official said made the emirates the “largest major investor” in the initiative.
“With this investment, so far the UAE has become the largest major investor in the Indonesia Investment Authority (INA),” Husin Bagis, Indonesia’s ambassador to the UAE, told Arab News on Wednesday.
“The joining of the UAE further shows the high level of international confidence to invest in the INA and would attract other world investors to join and invest,” he added.
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A year after pandemic cleared out offices, WeWork is back
WeWork leases buildings and divides them into office spaces to sublet to members, which include small businesses, start-ups and freelancers who want to avoid laying out funds for permanent office space
Updated 27 March 2021
March 27, 2021 02:24
LONDON: After a year in which a global pandemic turned offices across the world into ghost towns WeWork, the embattled communal office-space company, is making a second attempt at going public.
The announcement Friday comes almost two years after WeWork’s first attempt at becoming a publicly traded company blew up in spectacular fashion, its founder and CEO ousted abruptly.