Philippine President Bongbong Marcos to Enhance Ties with UAE in Strategic Visit

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 On November 26, 2024, Philippine President Ferdinand "Bongbong" Marcos Jr. will travel to Abu Dhabi for a one-day working visit aimed at strengthening diplomatic and economic relations with the United Arab Emirates (UAE). This meeting with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, underscores both nations’ commitment to fostering mutual cooperation and exploring new opportunities. A Diplomatic Priority The Presidential Communications Office (PCO) emphasized the importance of this trip, highlighting its potential to yield significant agreements that benefit both countries. “The productive dialogues between President Marcos and the UAE leadership are expected to deepen bilateral ties and create avenues for collaboration in areas of shared interest,” the PCO stated. The UAE has been a longstanding ally of the Philippines, particularly in labor and economic cooperation. The discussions are expected to touch on trade, investment, labor welfare, and sh

Mark Zuckerberg Surpasses Elon Musk as Third-Richest Person in the World

 

Elon  Musk


In a significant shift of fortunes, Mark Zuckerberg has overtaken Elon Musk to claim the title of the third-richest person in the world. This marks the first time since 2020 that the rival billionaires have held these positions.

The change in rankings came after a series of developments that impacted Musk's wealth. Reports of Tesla canceling plans for a more affordable car led to a drop in Tesla's shares, causing Musk to fall to fourth place. Musk denied the report, but this setback came on the heels of news that Tesla's vehicle deliveries had declined in the first quarter, marking their first year-over-year drop since the early stages of the Covid-19 pandemic.

Meanwhile, Zuckerberg's wealth has been on the rise, with Meta Platforms, the parent company of Facebook, reaching new highs. Zuckerberg's fortune has grown by $58.9 billion this year, propelling him into the top three richest people globally.

This development marks a significant milestone for Zuckerberg, as it is the first time he has broken into the top three since November 16, 2020, when he was worth $105.6 billion, surpassing Musk's fortune of $102.1 billion at the time.

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