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Abraaj restructuring request approved by Cayman Islands court
By Sarah Townsend From The National Abraaj Group said on Tuesday a Cayman Islands court approved a request by the embattled buyout firm for a provisional liquidation of the business, enabling a court-supervised restructuring and protection of stakeholders’ rights. The…
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Cayman Islands: KIDS FUN DAY
Looking for a family friendly event this weekend? Pack up the car and come out to Pedro St. James from noon to 4pm this Saturday, June 23rd, 2018 ️ All kids and their families are invited to come to…
Celebrate Cayman Islands Summer Festival this Week
Kick off the summer by celebrating Cayman. This Saturday, 23 June, all are invited to attend the Celebrate Cayman Summer Festival. The event kicks off at 4.00 PM and runs through midnight. A major highlight of the celebration will be…
The Editor Speaks: Shouldn’t the sea level rise worry us?
“The Antarctic Ice Sheet is an important indicator of climate change and driver of sea-level rise. Here we combine satellite observations of its changing volume, flow and gravitational attraction with modelling of its surface mass balance to show that it…
Air Arabia shares fluctuate on exposure to Abraaj funds
By Archana Narayanan and Filipe Pacheco From Bloomberg Air Arabia PJSC swung between gains and losses after the airline disclosed exposure to funds managed by Abraaj Group Ltd., the Dubai-based private equity firm that’s battling creditors. The shares fell as…
CPA Regional Conference 0pens in Grand Cayman
The 43rd Annual Commonwealth Parliamentary Association Regional Conference has opened. His Excellency the Acting Governor, Mr. Franz Manderson officially opened the conference. Sixty two representatives from 18 countries are participating in the week-long event. Grand Cayman (GIS) – The 43rd…
Cayman Islands’ IPA launches Accountants in Business
The Cayman Islands Institute of Professional Accountants hosts an official launch event for its Accountants in Business committee. Aimed at engaging and supporting CIIPA members working outside of audit, the committee was formed late last year and is chaired by…
IBM’s machine argues, pretty convincingly, with humans
By Dave Lee From BBC On a stage in San Francisco, IBM’s Project Debater spoke, listened and rebutted a human’s arguments in what was described as a groundbreaking display of artificial intelligence. The machine drew from a library of “hundreds…
Conflicting reports resolved over cause of death of gay man linked to Trinidad and Tobago chief justice
By Youri Kemp From Caribbean News Now PORT OF SPAIN, Trinidad — Almost a month after the death of convicted felon, Kern Romero, the gay friend of Chief Justice Ivor Archie implicated in a public housing fraud scheme that he…
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CNBC: Disney expected to add cash to bid for Fox
From Newsmax Walt Disney Co. reportedly is preparing to add cash to its bid for the entertainment assets of 21st Century Fox Inc. Comcast Corp. last week launched a $65 billion cash offer for the Fox assets, outbidding Disney. The assets…
