Foreign funds and investment bank Goldman Sachs have acquired almost 30 percent of shares in Icelandic bank Arion Bank for ISK 48.8 billion (USD 452 million, EUR 420 million), as announced by Arion Bank and Kaupþing ehf. (the administrator of the defunct Kaupþing’s assets) yesterday evening.
The fourth Multicultural Congress of Reykjavík ‘Let’s Talk,’ will take place in Reykjavík City Hall on Saturday, March 25, 2017, 10 am to 3:30 pm. Approximately 17,000 immigrants live in Reykjavík from more than 120 countries. The aim of the congress is to open an intercultural dialogue about...
Anna Nicole Grayson, the 29-year-old woman, who was reported missing on March 13, has been found, as the Reykjavík Metropolitan Police reported yesterday. However, no progress has been made in the search for 26-year-old Artur Jarmoszko, who went missing on March 1.
Carnival is celebrated in many countries at this time of year. In Iceland, the carnival season is limited to three days.
Traditional Icelandic saltkjöt og baunir, salted meat and split pea soup, is eaten in Iceland today to celebrate sprengidagur (‘Bursting Day’).
“Bolla, bolla, bolla,” is the wakeup call for parents on the morning of Bolludagur ('Bun Day' or 'Cream Puff Day'), followed by encouraging spanks.
The Icelandic national team in men’s handball played two games at the World Men’s Handball Championship in Metz, France, last weekend. Both games were even and exciting throughout. Iceland lost the first, against Slovenia on Saturday, by one goal, and tied Tunisia yesterday.
The Reykjavík Tourist Information Center was opened in the City Hall today. The Information Center has been operated nearby, at Aðalstræti 2 since 2002.