The Icelandic government has sold its entire 45.2% stake in Íslandsbanki through a public offering that concluded this week.
The decision to divest all remaining shares came after demand in the offering far exceeded initial expectations. Initially, the plan was to sell only 20%, but due to “unprecedented interest from domestic investors,” Finance Minister Daði Már Kristófersson decided to expand the offer.
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The Road and Coastal Administration plans to lift the pre-assembled bridge into place early next week, weather permitting. It will be positioned on staircase structures that have already been built at Snekkjuvogur and Dugguvogur streets.
At the same time, ramps will be installed on both sides of the bridge. During installation, Sæbraut will be closed, and the administration has announced the possibility of further closures, with more […] more
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Most of the country will see sunny skies, though coastal fog is possible along the southern and eastern shores. Winds will be light and variable, blowing at 3 to 8 meters per second. Temperatures will remain between 12 and 23 degrees, with the highest readings in the northeast, as in recent days.
Yesterday afternoon, a May temperature record was set at Egilsstaðir airport, reaching 26.6 degrees. Temperatures also exceeded 25 degrees in […] more
A council member from the municipality of Ísafjarðarbær has announced that around five minke whales are expected to be caught near the Westfjords this summer. The municipality has requested that the Ministry of Industry and Innovation ban whaling in designated conservation areas.