Charles Leclerc’s forced withdrawal from the Spanish Grand Prix at Catalunya has cost rapper Drake £186,000 he bet on to win.
Drake made a big bet and announced it on Instagram, writing, “First bet Formula One, let’s see how it goes.”
However, Leclerc started in pole position, led 27 laps and appeared to be the most likely winner until the halfway mark, but Drake’s chances of landing £470,000 from his £186,000 bet expired when the Monaco-born driver was forced to retire.
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Drake & Scull: We are focused on obtaining court approval to be able to restructure
written by Alexandra Hartman Editor-in-Chief
Dubai – Mubasher: Shafeeq Abdel Hamid, Chairman of the Board of Directors, said: “Drake and Scull“The company is currently focusing on obtaining the approval of the competent court to be able to implement the restructuring plan.
He pointed out that the court decided to appoint an expert to review the validity of the measures taken by the company for the purpose of restructuring, during last April, according to a press release.
He stressed that if the court procedures are successfully completed, the company will be allowed to issue mandatory convertible bonds, complete the issuance of initial rights to existing shareholders, and resume trading in shares on the Dubai Financial Market..
company said “Drake & Scull International” Today, its accumulated losses constitute 460% of its capital.
The company explained in a statement on the Dubai Financial Market that the amount of accumulated losses amounted to 4,926 million dirhams, consisting of its capital of 1,071 million dirhams..
In a statement on the Dubai Financial Market, the company indicated that its profits amounted to 23.1 million dirhams by the end of 2021, compared to profits of 94.9 million dirhams during the same period in 2020.
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Details of the arrest of “Mestreha” who seized 11 million pounds .. and the disclosure of a surprise about her job • Al-Marsad Newspaper
written by Alexandra Hartman Editor-in-Chief
Al-Marsad newspaper: The Zagazig Second Division Prosecution ordered the seizure of the kindergarten school, which is accused of defrauding citizens and seizing 11 million pounds of their money, claiming that it was used in the trade of electrical appliances and bridal furniture, pending investigations by the detectives.
Major General Mohamed Wali, Director of Sharkia Security, had received a number of communications from the citizens of Zagazig, accusing a 49-year-old kindergarten teacher of defrauding them and seizing sums of money from them, claiming that they were used in electrical appliances and furniture, for a large return, and following several months it stopped She began to delay paying their dues and return their money, and she refused to go to her school because of the parents’ hesitation and demand to return their money, according to “Akhbar Al-Youm”.
The investigations indicated that the accused had refrained from paying the agreed monthly value of money operating profits for 6 months, and had delayed payment.
International Holding completes the “Adani” group deal worth 7.3 billion dirhams
written by Alexandra Hartman Editor-in-Chief
Abu Dhabi – Mubasher: Global Holding Company announced today the completion of an investment deal worth 7.3 billion dirhams ($2 billion) in the portfolio of the Adani group of companies, which is “Adani Green Energy Limited”, “Adani Transmission Limited” and “Adani Enterprise Limited”.
The global holding company will provide capital to Adani Green Energy Limited, Adani Transmission Limited and Adani Enterprise Limited, all of which are listed on the Bombay Stock Exchange and the National Stock Exchange of India through the preferential allocation route, according to a press release.
Sayed Basr Shuaib, CEO and Managing Director of the International Holding Company, indicated that this deal represents 4.87% of the total trade between the UAE and India, which amounted to $41 billion between 2020 and 2021.
He explained that the global holding company will support the acceleration of the growth plan of the “Adani Group” to supply the country with 45 gigawatts (9%) of non-fossil energy in India by 2030.
Adani Power Mumbai Limited is the distribution arm of Adani Limited Transmission, and has statutory targets to increase renewable energy penetration from 3% in FY21 to 60% by FY27, and the investments of the global holding company will support the company in this transformative journey. .
Through its wholly owned subsidiary, Adani New Limited & Styre, Adani Enterprises has pledged to invest $50 billion over the next nine years to form a new green hydrogen pillar focused on decarbonizing industrial energy and mobility.
The transaction was facilitated by First Abu Dhabi Bank and Standard Chartered Bank, and provided by the Emirati law firm Norton Rose and the Indian firm.AZB Partner“Legal consulting and actuarial support, respectively, and the company worked”WTS DhruvaAs a tax advisor.
It is noteworthy that the profits of the International Holding Company rose to 3.55 billion dirhams in the first quarter of 2022, compared to profits of 1.5 billion dirhams in the first quarter of 2021.
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