Author: Arabian Media staff
The island of Cyprus officially lost its status as a tax haven when the Organization for Economic Cooperation and Development (OECD) declared the country, along with Luxembourg and Seychelles, had been found to be largely compliant with standards set forth by the Global Forum on Transparency and Exchange of Information for Tax Purposes. The rating is the same as that given to the United States, Germany, and the United Kingdom. Cyprus as a Tax Haven Beginning shortly after the fall of the Berlin Wall, the government of Cyprus established its country as a tax haven, specifically targeting Russian oligarchs, as well…
Private-credit ETFs aren’t in 401(k)s yet — but they are Wall Street’s latest effort to bring private assets to the masses and, eventually, into retirement plans. Source link
Business ideas are a dime a dozen. Some are million-dollar concepts, others are doomed from the start. The latter is the reality for 35% of startups: they fail because there’s no market need. But that doesn’t have to be your story. Validating your business idea through methods like market research and beta testing before launch helps you avoid costly mistakes and build something people actually want. Here are some low-cost, expert-recommended ways to stress-test your concept before you invest serious money. Key Takeaways Validate your idea by interviewing target customers, testing prototypes, and analyzing competitors.Experienced mentors can help you assess…
The European Union and South Korea have pledged to buy billions of dollars’ worth of energy products under trade deals with the Trump administration, as the White House aims to capitalize on the role of the U.S. as the world’s largest exporter of liquefied natural gas. But are U.S. producers up to the challenge? Source link
Hailey Bieber, co-founder of Rhode Skin, a cosmetic and skincare company, recently made waves in the beauty industry when she sold her company to e.l.f. cosmetics in a deal worth $1 billion. While the value of Bieber’s exact wealth is unknown, her net worth could be valued at $300 million or more due to the acquisition of Rhode Skin, her earnings from various brand endorsements, and her and husband Justin Bieber’s real estate holdings. Here’s a look at how she’s made her money and how much she could be worth. Key Takeaways Hailey Bieber has earned income through modeling, brand…
For anyone who’s been feeling guilty about not looking for a new job lately, take a look at Friday’s jobs report and let go of those misgivings. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Warren Buffett, revered for turning Berkshire Hathaway Inc. (BRK.A, BRK.B) into a global powerhouse, credits his success not to complexity, but to discipline. “You don’t have to be an expert on every company, or even many,” he wrote in a 1996 letter to Berkshire Hathaway shareholders. “You only have to be able to evaluate companies within your circle of competence. The size of that circle is not very important; knowing its boundaries, however, is vital.” This tip still provides a practical blueprint for smarter, safer investing choices. Here’s what Buffett means, why it matters, and how you can apply it…
Trump says the Fed’s high interest rates are keeping Americans from buying houses. There’s more to it than that. Source link
Side hustles are often touted as a way to earn extra cash, but if you’re already working full-time, taking on an extra job can lead to burnout. For those who want to earn more money, is it really a better option to use your spare time tutoring or doing food delivery versus requesting a raise at work? We asked two career experts how to weigh the trade-offs and how to know whether it’s better to ask for a salary bump or to start a side hustle. Key Takeaways A raise may yield more income than a side hustle, especially for…