January 17, 2019

Abraaj founder ordered to pay litigation costs in Cayman Islands court

By Pedro Goncalves From International Investment A Cayman judge has ordered the founder of troubled equity firm Abraaj to pay for the costs of a recent hearing in the jurisdiction regarding the company’s restructure attempts out of his own pocket. At the hearing, Abraaj’s largest creditor, Kuwait’s Public Institution for Social Security  argued that Dubai-based company  […]

Cayman Islands NHDT breaks ground in East End

From GIS WHO:                                      The Housing Ministry and the National Housing Development Trust WHAT:                                   Groundbreaking for the Affordable Housing Initiative in East End. WHEN:                                   Thursday, 16 January 2019, 10.00 a.m. WHERE:                                 Affordable Housing site off John McLean Drive, behind East End Primary School. PARTICIPANTS:                   Housing Minister Dwayne Seymour, NHDT Chair George Powell, NHDT Board Members, NHDT General Manager Julio […]

Goldman boss apologises for 1MDB scandal

From BBC Goldman Sachs new boss has apologised to Malaysia for the role an ex-partner played in the corruption scandal at one of the country’s wealth funds. However, chief executive David Solomon also distanced the bank from the scheme, which saw billions embezzled from the state development fund, 1MDB. He said Goldman, which had helped […]

Study: Best Cure for Cough Is Chocolate

By Brian Freeman From Newsmax Patients suffering from a cough who used a chocolate-based medication reported a “significant improvement” in their symptoms within two days, compared to those on a regular cough syrup, according to a study conducted by a research group at the University of Hull in Yorkshire, England, the Atlanta Journal-Constitution reported on Wednesday. In […]

Statins may help prevent diabetes-related eye problems

From Newsmax Diabetic patients who take statins to treat high cholesterol may get an added benefit: a lower risk of damage to the retina, a new study suggests. Researchers found that diabetic patients taking statins were 14 percent less likely to develop retinopathy than those who were not. And among patients who did develop retinopathy, […]

Garlic reduces risk of disease by curbing inflammation

By Lynn Alison From Newsmax The United States has the dubious distinction of having the highest obesity rate in the world. Obesity carries many health risks, including in many cases chronic inflammation. According to numerous studies, chronic inflammation has been linked to heart disease, type 2 diabetes, depression. kidney disease, arthritis and certain types of […]

Top 6 reasons self-defence classes should be part of your routine this year

A new year is a great time to make a fresh start on many different levels. One of them has to do with being able to protect yourself. The decision to take classes that have to do with self-defence, such as krav maga classes, will be fruitful in a number of ways. Here are a […]

5 Important amenities that you want with your temporary office rental

Seeking to rent office space comes about for a number of reasons. From needing a place to meet with visiting clients to exploring the possibility of opening a permanent office in a new city, choosing to lease shared office space for a short time makes sense. Along with the office itself, there are a few […]

Interest in online car sales sees remarkable spike

Electronics, clothes, toys and even food―nearly all these items can be purchased online. Modern buyers can now purchase almost anything from platforms like Amazon. Somehow, the automobile has evaded the online rush. That might be changing soon. Car buyers are increasingly showing an interest in purchasing vehicles online in click-to-buy style, The Wall Street Journal […]

Cayman Islands Proud of Them – Jade Barnard & Jorel Bellafonte bios

Jade Barnard – Academics Scholar. Recycler. Entrepreneur. Musician. These are just some of the words that can be used to describe 14-year old Jade Barnard from West Bay.  Jade is a straight ‘A’ student at Cayman Prep and High School where she balances 13 subjects, including two foreign languages. At the end of the 2017/2018 […]