Author: Arabian Media staff

Stay informed with free updatesSimply sign up to the Utilities myFT Digest — delivered directly to your inbox.The UK’s water watchdog has promised investors revenue guarantees, no competition and minimal risk as it tries to drum up more than £50bn for projects to address water shortages.Investors will have the “right to collect” revenues from customers, “opportunities for upside”, “capped liabilities” and “investment positive” support from the government, according to an Ofwat briefing paper seen by the Financial Times. The document, presented to investors at a conference at the London offices of investment bank Jefferies last Friday, adds that there is…

What is a silent partner? No, it’s not as sinister as a silent assassin; a silent partner can be very helpful. If you’re looking for an injection of cash but want to remain in control of your business and its daily operations, or if you’re interested in starting your own business but need an initial investment, a silent partner may be a helpful avenue to explore. That being said, it’s important that you understand the benefits and risks involved when seeking a silent partnership.  Key Takeaways Silent partners play a crucial role for startups and small businesses that need to…

Image: Getty Images/ For illustrative purposes A recent study from Wyndham Hotels & Resorts uncovers some exciting insights into how Gen Z travellers in the UAE are approaching travel. From cultural connections to digital tools, this next generation of explorers is redefining travel as we know it. Here’s a look at the key trends shaping their journeys. 1. Social media as the travel guide For UAE’s Gen Z, social media platforms like Instagram and TikTok are not just for entertainment; they’re key tools for travel inspiration. In fact, 26 per cent of Gen Z travellers in the UAE say that…

This represents an impressive year-over-year (YoY) growth of 380 per cent compared to the same period last year, underlining the chamber’s commitment to supporting promising digital startups. Businesses specialising in Artificial Intelligence (AI) and machine learning accounted for 11 per cent of the digital startups supported, followed by Fintech on 9 per cent; Software as a Service (SaaS) on 7 per cent; Technology, Media and Telecommunications (TMT) on 7 per cent; and health tech on 7 per cent. Dubai Chamber of Digital Economy growth During the first nine months of this year, the chamber trained 787 Emiratis on the fundamentals…

“I also have $300,000 in a 401(k). My wife has a 403(b) that currently sits at $650,000.” Source link

Tech groups have released upgrades to store a larger amount of user information and personalise responses Source link

A subscription box model is essentially a personalized delivery of products that get delivered to customers on a recurring basis.  The subscription box industry is expected to grow by 18.3% annually from 2023 to 2027, reaching over $65 billion globally by 2027.  Startups and small businesses can effectively implement subscription models to create a sure-fire way of generating recurring revenue with great scalability options and a high lifetime customer value.  This step-by-step process for developing a subscription box model will talk you through how to kick-start your concept, market research, branding, logistics, and marketing strategies.  Key Takeaways:  The global subscription…

Image credit: WAM/Website Dubai’s Roads and Transport Authority (RTA) has streamlined its driver licensing services, reducing the number of services by 53 per cent, from 33 to 15. Read-Dubai traffic: RTA mulls flexible working hours, remote work policies This move is part of ongoing efforts to deliver a seamless, secure, and integrated digital experience focused on customer satisfaction. It aligns with the Government of Dubai’s vision to enhance the quality of life through improved public services across the emirate. “The initiative to re-engineer the customer journey and simplify the process of obtaining a driver’s licence through smart channels is part…

Masdar City, Abu Dhabi’s sustainable community and UAE free zone, has introduced two new tailored business packages—Start Lite and Business One. These initiatives aim to attract a diverse array of companies, streamline the business setup process, and support Abu Dhabi’s Vision 2030 in fostering a resilient, innovation-driven economy. Start Lite Package is designed for startups and entrepreneurs, this package offers business setup starting from AED3,500, enabling up to three business activities with a zero-visa quota. UAE free zone Masdar City launches new packages Meanwhile, Business One Package is geared toward established and expanding companies, this package provides setup starting from…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK ministers are considering cutting the £20,000 tax-free cash Isa allowance but debating with City of London figures the level at which it should be capped, according to two people familiar with the situation.In a meeting with senior executives from banks including HSBC, Barclays and NatWest on Thursday, City minister Emma Reynolds discussed reforming the Isa market as part of a broader attempt to help funnel more money into London-listed stocks.People familiar with the situation told the Financial Times that the discussion…