Since its creation in 2019, LIVE - L'Institut des Vocations pour l'Emploi has offered an inclusive and ambitious professional integration program, with more than 2,500 people already supported. By inaugurating this seventh campus in Bordeaux, LVMH reaffirms its long-term commitment to helping beneficiaries build professional projects and providing them with all the tools needed to implement them.

It is in the heart of the Bordeaux metropolitan area, Quai des Chartrons, that LIVE - L'Institut des Vocations pour l'Emploi is opening its seventh campus, marking a new milestone in its expansion and strengthening its national presence with a new location in the greater Southwest of France. Organized in the presence of Brigitte Macron, President of LIVE, Antoine Arnault, Image and Environment of LVMH, Maud Alvarez-Pereyre, Group Chief Human Resources Officer of LVMH and Olivier Théophile, General Director of LIVE and Group SVP Social Engagement of LVMH, this event was also an opportunity for beneficiaries to define their career paths.
The Nouvelle-Aquitaine region and the city of Bordeaux provide a particularly favorable environment for hosting the campus. LIVE integrates into a network of committed local partners, companies, public authorities and nonprofit organizations, essential to the success of future beneficiaries.
The Bordeaux campus, like the six other LIVE campuses, the Bordeaux campus, will welcome two annual cohorts of 50 to 60 people. In total, 700 places will be offered each year across all campuses to those wishing to implement a new professional life project. Since its creation in 2019, more than 2,500 people have already been supported, with an employment access rate exceeding 80% ten months after entry.

“With LIVE, LVMH expresses a strong conviction: to go beyond its business activity and consistently assume its contribution to the common good, embedding its social impact over the long term. Ultimately, this is about ‘giving back’ - not as a one-time gesture, but as a responsibility commensurate with what the Group represents,” said Antoine Arnault, Image and Environment, LVMH.

Supporting the LIVE institute is one illustration of the commitment of LVMH and its Maisons, which in 2025 helped more than 2.5 million people through various initiatives.

“The mission of Human Resources at LVMH is to transform career paths by revealing talent, regardless of background or origin. With this seventh LIVE campus in Bordeaux, we are strengthening long-term support, as close as possible to individuals, and focused on those whom life has sometimes set aside. This is where our commitment takes on its full meaning: restoring confidence, opening up opportunities, and enabling everyone to build their place,” said Maud Alvarez-Pereyre, Group Chief Human Resources Officer, LVMH.
LIVE is currently structured around seven campuses

“With this seventh campus in Bordeaux, we aim to offer as many people as possible the opportunity to transform their professional paths. Each feedback from participants we support reminds us why LIVE exists: to find a life path more aligned with one’s expectations and to continue to grow,” added Olivier Théophile, General Director of LIVE - L'Institut des Vocations pour l'Emploi and Group SVP Social Engagement, LVMH.

Read also LVMH Shares Fell Most Ever in First Quarter on Luxury SlumpShares of the luxury bellwether fell 28 percent in the first quarter as the war in the Middle East clouds the global economic outlook and intensifies demand headwinds for luxury goods.​

Education is the cornerstone of the ELITE conferences/summits

The goal of the ELITE Global Leaders Conference, which took place at The Dolder Grand in Zurich from March 22–24, was to strengthen attendees in their present and future endeavors by fostering meaningful discussions. The event, which is organized by JABOY Productions, aims to provide insightful information on a range of subjects, such as insurance services, tax preparation, estate planning, and investments. Since every participant has different needs, the conference was designed to provide a wide variety of choices and insights so that attendees could select what best suited their particular needs. This conference was not only a remarkable networking experience but also a unique opportunity for attendees to establish connections and relationships with a variety of brilliant peers and presenters. Attendees had a distinctive opportunity to connect and build relationships with a variety of sophisticated peers and presenters, making this conference not only a memorable networking experience but also a chance to "INVEST IN YOURSELF," as emphasized by Neil A. Greene, the founder and CEO of JABOY Productions.

Watch also - Interview with Neil Greene, CEO of JABOY Productions, on our YouTube channel
- Howard Levine, a property tycoon from Los Angeles in conversation with Princess Jhanvi Kumari Mewar - 

ELITE Global Leaders Conferences from Aspen to Zurich 

The ELITE Global Leader’s Conference is a private forum exclusively organized by family offices for family offices, ultra-elite private investors, prominent impact leaders, and business owners as well as royal family members and renowned international artists and athletes. Apart from regular events and conferences in the Americas, previously held events in Europe were held in royal cities such as London, Madrid,​ Monte-Carlo, Rome, and the Vatican, (watch also Howard Levine, a property tycoon from Los Angeles in conversation with Princess Jhanvi Kumari Mewar) and the most recently held conference in Europe was in Dublin, Ireland.
​

Elevating #JABOYGreatness and Swissness in Zurich

​This bespoke private wealth conference provided exclusive access to top-tier speakers and sponsors. Celebrating the success of the international attendees and the  unique swissness that the local attendees represent, the lineup of speakers, international and Swiss locals, for this conference was beyond extraordinary, including the opening presentation on the day two of programme by Dr. Jan Hendrick Taubert, founder of Exclusive Advice Global Advisors, who presented a very personal experience with success strategies and how to become a Conscious Capital Steward.

Dr. Taubert was followed by a more finance-oriented presentation on risks of U.S. tax exposure and the institutional opportunity in premium finance, presented by John McDonough, senior managing director of National Brokerage Atlantic. His presentation engaged audience, which had many questions, in particular the Swiss attendees that have or plan to make investments in assets inside the U.S.

Departing from the Greek concept of kairos—the right moment--Dr. William E. Morgan, President of Parker University, made an excellent introduction based on personal and life defining moments and tools that can help to seize kairos. Dr. Morgan also highlighted the latest research on how to preserve brain health and cognitive vitality. Dr. William E. Morgan has a long history of serving in military healthcare. Joining the Navy at 17, he served with an elite Marine Recon company. While in the Navy, he was qualified in parachuting, military diving, submarine insertion, jungle warfare, combat swimming, explosives, mountaineering, winter warfare and Arctic survival. 

Proactive Sustainable Bonds Opportunity was the topic presented by Jesse Hollander, director of Proactive Impact Funds, which is supporting individuals and families in crisis with comprehensive housing solutions, therapeutic resources, and community reintegration programs across U.S.

In line with the theme of sustainable projects, indoor Megaladome Golf was presented to the audience by the Canadian Alain Desrochers, COO & Vice President.

​Ben Narasin,  Founder & General Partner, Tenacity Venture Capital; presented the current state of VC in the U.S. area, based on his expertise assessment. Narasin also joined a prestigious panel session later in the programme (see images below).

The topic of Sovereign AI and the Future of Business Applications, by Vaughn Davis - Founder & Chief Executive Officer, Hyper Nimbus—was both thrilling to listen to and a bit frightening, but AI is now part of the business, and his in-depth knowledge on this topic was beyond engaging.

From AI to humanity, the conference shifted its focus again to the human side of wealth and how to prepare the next generation for responsibility, stewardship, and legacy, which Susan Weingartner—Principal & Legacy Alignment Advisor, Weingartner Legacy Co., who is based in Seattle—conveyed ahead of moderating the panel talk in the afternoon (see below).

Continuing on the topic of key strategies to achieve results and success, Sandro Cazzato (above), Swiss-Italian entrepreneur and best-selling author, was the next speaker. Cazzato has built an international organization of more than 170,000 members, spanning diverse cultures, languages, and markets, though his leadership style is rooted in transparency, ethical business practices, and the belief that long-term success comes from consistent daily actions, not shortcuts.

Speaking about the future of payment tokenization and the blockchain, was engaging M. Pierre-Edouard Wahl – Founder, pew256, Blockchain Precision Engineering.

LTR - Ben Narasin - Founder & General Partner, Tenacity Venture Capital; Adi Divgi – Founder / Chief Investment Officer, Divino Global Holdings, Simon Swycher - Managing Director, Hg Real Estate; Manfredi Mattei Filo della Torre - Director, Partecipazione Asset Management; and  moderated by Matthias Knab.

​The following panel discussion of the afternoon was male-dominated, focusing on current development with private equity, private credit, and how to navigate their future, moderated by Matthias Knab, CEO of Opalesque. Knab was joined by panelists who are daily based in such different finance capitals as New York and Rome. The prestigious panel (see image above) included Ben Narasin - Founder & General Partner, Tenacity Venture Capital; Simon Swycher - Managing Director, Hg Real Estate; Manfredi Mattei Filo della Torre - Director, Partecipazione Asset Management; Bijan Foroodian – Chairman, Foroodian Family Office; and New York-based Adi Divgi – Founder / Chief Investment Officer, Divino Global Holdings.
​
​The full-packed agenda included engaging meetings and panels on topics that participants find both relevant and stimulating. Additionally, a special networking and extensive program included visits and dinners to historic and exclusive venues of Zurich. If this was not enough, a post-conference experience has been arranged, featuring a trip to another world-class resort, St. Moritz, aka the Top of the World.
​
For programme, key note speakers and all future events,
please visit www.jaboyproductions.com.

When Estee ‌and Madrid-listed Puig disclosed on Monday merger talks that would create a luxury beauty giant with a combined market capitalisation of around $40 billion and bring together brands such as Tom Ford, Carolina Herrera, Rabanne and Clinique everyone started talking about risks even those outside retail luxury industry. 

​The talks come about two months after Estee's CEO Stephane de La Faverie expanded a significant turnaround push to staunch three years of annual sales ​declines and a contracting market share, said Reuters. Estee Lauder's bet on Puig merger would put it in a direct fight with sector leader L'Oreal's ​premium fragrances, but could complicate the U.S. company's turnaround plans just uncertain outlook for travel retail, according to Reuters.

A takeover of Puig would lift its global market share in the coveted premium fragrance category to 15% from 6%, second only to L'Oreal's 16%, Morningstar analysts noted.
In the United States, prestige ​fragrance grew 5% by value last year and ended the year as the second‑largest category in prestige retail, data from Circana showed.
Independent players such as France-based Parfums de ‌Marly and ⁠Serge Lutens and newer brands such as Nishane and Xerjoff, as well as celebrity‑backed labels present another challenge.
"The deal would further tilt (Estee's) portfolio toward fragrance, where growth has been strong, but competition from indie brands is intensifying, L'Oreal is stepping up its efforts and category momentum appears later-cycle," said Jefferies analyst Sydney Wagner in a note. A potential transaction funded evenly with equity and debt would require Estee Lauder to raise about $6 billion in new borrowing, according to estimates ​by JPMorgan analysts. That could push its ​leverage to about 4.3 times ⁠before any synergies from the deal, they said in a note.
​
Credit ratings agencies Moody's and S&P Global both assign the U.S. company a negative outlook.
Estee's shares were down nearly 6% on Monday, while Puig's shares jumped 13%. Before news ​of the merger talks broke, the Spanish firm's shares had fallen nearly 39% from the 24.50 euros per ​share price of its ⁠initial public offering in May 2024.

Abu Dhabi, UAE – March 23, 2026: Gold prices have come under significant pressure, falling 6% on Monday after a 10% decline last week, as shifting macroeconomic conditions weigh heavily on the precious metal. March is now shaping up to be one of the weakest months on record for gold, with prices down nearly 21% since the beginning of the month.
Traditionally viewed as a safe-haven asset during periods of geopolitical uncertainty, gold is currently facing headwinds from rising inflation expectations and a rapidly evolving interest rate outlook. The escalation of conflict in the Middle East has driven oil prices higher, fueling inflation concerns and prompting markets to reassess monetary policy expectations. Investors are increasingly abandoning expectations of interest rate cuts in the United States, while preparing for the possibility of faster rate hikes in the UK and Europe. This shift has significantly altered the investment landscape, reducing the appeal of non-yielding assets such as gold.
At the same time, yields on US government bonds have surged, with the 10-year Treasury yield rising by nearly 0.5 percentage points since the start of the month to 4.421%—its highest level since the summer of 2025. Higher yields are strengthening currencies and exerting downward pressure on equities, further diminishing the relative attractiveness of gold.
In addition, the market is experiencing a wave of profit-taking following gold’s strong performance last year, when prices rose by approximately 66%. This has contributed to a broader liquidation phase, marked by ETF outflows, forced selling, and investors closing positions to offset losses in other asset classes.
Despite these short-term challenges, structural support for gold remains intact, particularly from ongoing central bank purchases, which have underpinned the longer-term bullish trend.

​Jakub Rochlitz, Market Analyst at eToro, commented: “Gold is currently caught between
two opposing forces. While geopolitical tensions would support demand for safe-haven
assets, the inflationary impact of rising energy prices is driving expectations of higher
interest rates, which is weighing heavily on gold.
What we are seeing resembles a classic liquidation phase, with investors taking profits after
last year’s strong rally and repositioning in response to changing macro conditions. In the
near term, volatility is likely to remain elevated as markets adjust to these dynamics.
Looking further ahead, the long-term outlook for gold has not been entirely undermined. Its
performance will depend on how the geopolitical situation evolves, how inflation trends
develop, and how central banks respond.”
​

Dubai Investments Reports 31% Growth in Profit Before Tax to AED 1.70 billion for the Year Ended 31 December 2025

Dubai, UAE, March 25, 2026: Dubai Investments PJSC, the leading diversified investment company listed on the Dubai Financial Market (DFM), reported a profit before tax of AED 1.70 billion for the fiscal year ended 31 December 2025, representing a 31% increase compared to AED 1.30 billion in the previous year.
Net profit after tax attributable to shareholders increased to AED 1.55 billion, compared to AED 1.21 billion in the previous year.
The Group’s total income stood at AED 4.63 billion in 2025, reflecting a stable revenue base supported by contributions across its diversified business segments, including real estate, investments and manufacturing. Rental income increased to AED 1.19 billion, accounting for approximately 25.7% of total income, supported by the Group’s income‑generating asset base.
Dubai Investments’ total assets grew to AED 23.28 billion as at 31 December 2025, compared to AED 22.10 billion at the end of 2024. Equity attributable to owners of the Company stood at AED 14.90 billion as compared to 14.11 billion in the previous year. This underscores the Group’s strong financial position and ability to support its growth plans.
Earnings per share increased to AED 0.36, compared to AED 0.28 in the previous year, reflecting improved returns to shareholders. Consistent with the Group’s disciplined approach to capital allocation and focus on long‑term value creation, the Board of Directors has proposed a cash dividend of 25% (AED 0.25 per share) for the year ended 31 December 2025, subject to shareholders’ approval.

Commenting on the full-year results, Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, said: “Dubai Investments’ performance in 2025 reflects the strength of the Group’s diversified portfolio and disciplined execution across the business. During the year, Dubai Investments made progress across its core business sectors, including real estate, investments and manufacturing, while advancing regional expansion and pursuing selective investment opportunities aligned with its long‑term strategy. The Group continues to prioritise the expansion of float glass manufacturing facility and the execution of ongoing real estate projects.”

Future Outlook
The Group remains cautiously optimistic about the outlook for 2026, supported by the resilience of the UAE economy and its ability to navigate a challenging global macroeconomic environment. Dubai Investments is well positioned to manage prevailing operating conditions, underpinned by its diversified portfolio, strong financial position and a disciplined approach to execution.
In the real estate sector, the Group continues to focus on the timely delivery of its ongoing developments in line with planned execution schedules. Construction is progressing as planned across key projects... Handover activities are underway across completed components, with planned deliveries across these developments expected to commence from the second half of 2026 and continue through 2028, in line with previously communicated timelines.
Beyond the UAE, the Group continues to advance its mixed‑use development initiatives, through consistent progress at DIP Angola, reflecting its disciplined approach to extending proven development models into targeted international markets... In the manufacturing sector, Dubai Investments’ industrial companies continue to invest in advanced technologies, enhance production capabilities and expand capacity across key product lines. These initiatives are supporting higher production volumes, improved operational efficiency and the development of value‑added products, while strengthening market reach across the UAE and key regional and international markets. The Group remains focused on reinforcing its manufacturing platform also as a core contributor to long‑term value creation.
 
Dubai Investments PJSC
Dubai Investments is a publicly listed UAE based multi-asset investment Group, managing a diverse portfolio of businesses, generating sustainable financial returns to its shareholders. Established in 1995, Dubai Investments is one of the leading investments Group in the UAE, initiating new businesses and partnering with dynamic entities, creating strategic investment opportunities across the region. With 15,805 shareholders, a paid-up capital of AED 4.25 billion and total assets worth more than AED 23.6 billion, the Group applies insight and experience to expand and be a reliable growth driver for businesses within sectors like real estate, manufacturing, healthcare, education, investments and services. The Group's diverse portfolio consists of wholly and partly owned companies and reflects the Company’s continued focus on business diversification to drive growth in line with evolving industry trends. Focused on leveraging strengths with an interest in establishing existing and new business opportunities with a long-term, strategic and creative approach and with an emphasis on sustainable returns and capital growth, Dubai Investments collaborates on investment strategies meeting the changing needs of the economy and the societies in which it operates. Complementing the strategic objectives and creating value for stakeholders, the Group pursues growth through mergers and acquisitions and business expansions. To know more visit - www.dubaiinvestments.com.

 

ROME, March 19 (Reuters) - Italian ​luxury sports car makers Ferrari and Maserati ‌said on Thursday they had temporarily suspended deliveries in the Middle East, ​as war rages in the ​region, reports Reuters. For Ferrari the export halt comes at bad timing after the company launched its latest super car model one week ago - the Ferrari Amalfi Spider, a new 2+ spider from Maranello featuring a front-mid-mounted twin-turbo V8 engine.
 A perfect balance of performance, elegance, driving pleasure, ease of use and versatility makes
the Ferrari Amalfi Spider the benchmark for Ferrari’s performance-driven lifestyle, including in
an open-air configuration.
 The tailor-made or technical-fabric soft top opens in just 13.5 seconds, even at speeds of up to
60 km/h and, together with the car’s compact dimensions and generous luggage capacity,
places the Ferrari Amalfi Spider among the leaders in its class.
 The award-winning 640 hp twin-turbo V8 delivers outstanding performance and immediate
response in all driving conditions.
 The brake-by-wire system ensures more precise vehicle control, while ABS Evo, effective
across all grip conditions, enhances braking performance and stability.
 Active aerodynamics, with a three-position rear wing and an integrated wind deflector operated
at the touch of a button, improve the open-air driving experience. Designed for those who want a more dynamic driving experience without compromising comfort or style, the Ferrari Amalfi Spider combines outstanding performance and everyday versatility with the unique pleasure of open-top motoring, making every journey more engaging.

"We are closely monitoring the ⁠developments in the Middle East ​and the potential implications for our ​business," Ferrari said in a statement.
"At this stage, we have temporarily suspended deliveries in ​the area, while managing few ​deliveries via airplane," the company added.
Maserati, said ‌it ⁠had also temporarily stopped shipments given the "very critical" transportation management situation in the Middle East.
The suspension ​will remain "pending ​improvement ⁠of the situation and the resumption of transport ​under conditions of total safety", ​it ⁠added.
The company, a premium brand within the Franco-Italian Stellantis group, ⁠said ​it was considering alternative ​solutions to deliver its cars safely.

"Chairman Photo " "Jayesh Patel - CEO Wio Bank PJSC" 

• In its third full year of operations, Wio Bank reported net profits of AED 622 million,
reflecting 57% growth over 2024
• More businesses and individuals chose Wio as their primary bank, with customer
deposits soaring to AED 57 billion

Abu Dhabi, UAE – 17 March 2026: Wio Bank PJSC (“Wio”) reported a strong financial performance in FY2025, reflecting continued customer adoption and the expansion of its digital banking platform across the UAE. In its third full year of operations, the bank recorded AED 1.24 billion in revenue, an increase of 55% year-on-year, alongside net profit of AED 622 million, up 57%. More businesses, individuals and families across the UAE chose Wio as their primary financial partner, reflected in an NPS of 75 for Wio Business and 76 for Wio Personal, the highest in the UAE banking industry, as the bank deepened its capabilities to
support customers and the wider economy for the long term.

Mansour AlMulla, Chairman of the Board, said:
These strong results reinforce our commitment to empowering the UAE's digital economy
and supporting the ambitions of individuals, businesses and communities across the nation.
Wio’s growth reflects the trust we have earned, with a growing number of customers
choosing Wio as their primary banking partner and entrusting us with a greater share of their
financial lives. Our exceptional balance sheet strength provides a strong foundation to
continue serving our customers and investing in a future focused on meeting their evolving
financial needs.”

Wio Personal also saw strong growth, with more than 270,000 individuals choosing Wio as their primary bank, while families were another key area of focus in 2025. In the fourth quarter, Wio launched Wio Family, a fully integrated banking proposition designed to help households manage spending, plan together and grow their money in one place.

Jayesh Patel, CEO of Wio Bank, said: “Our achievements in 2025 reflect our commitment
to serving customers across business and personal banking, providing insights and
empowering them to achieve stronger financial futures. In just three years, we have built one
of the most profitable and trusted digital banks in the region, and our financial results and
NPS scores reflect this. As more customers make Wio their primary bank, our digital-first
platform gives us the agility to support them through short-term challenges while staying
focused on their long-term success. Our exceptional balance sheet provides resilience and
enables us to continue to invest in products and services to support our customers. We
thank our customers for choosing us and remain committed to supporting their long-term
growth.”

In 2026, Wio is developing an Islamic banking proposition, subject to regulatory approval. Wio is focused on scaling its AI capabilities to better serve customers through more personalized tools and experiences. While many financial needs are shared, individual circumstances vary significantly. AI will enable tailoring products, guidance and experiences more closely to each customer’s situation, underpinned by a firm commitment to strong governance, customer privacy and the highest standards of security.

Prakash Sunkara, Chief Financial Officer at Wio Bank, added: Our performance and
investment in our portfolio reflect the strength of our business model and discipline behind
how we have built it. Reaching such milestones in three years, alongside our solid balance
sheet growth, demonstrates a responsible approach to scaling a digital financial institution
that is increasingly becoming a mainstream bank.

For more information, visit www.wio.io