Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Richemont chair Johann Rupert said the luxury group would avoid sudden, sharp prices that could spark a consumer backlash, as it contends with the impact of US tariffs. Rupert said that being restrained on price rises in the past four years compared with some rivals had “benefited” the Swiss luxury group amid some customer backlash over the increases. He also warned against creating the kinds of price differences that push clients to shop across borders, as happened last year when a weak yen…
Whether you’re a startup or a global powerhouse, hopping on the podcast bandwagon is a smart move to boost your brand awareness, increase sales or subscriptions and dive deeper into the data of your target demographics. The best part is that all of this has the potential to be achieved with a smaller budget than traditional advertising. With the podcast space evolving rapidly and key trends reflecting shifts in listener habits, now is a great time for you to leverage podcasting for growth. Read this article for how to make a great podcast. Key Takeaways 78% of people listen to…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe writer is director of economic policy studies at the American Enterprise InstituteIf an American president wanted to send the US economy into recession, then driving up tariff rates to levels not seen in over a century and instituting a de facto embargo on China would be a good strategy. Engineering a recession wasn’t Donald Trump’s goal when launching his trade war this spring, but investors were less interested in his motives than in the effects of his policies and…
Image: Masdar/ For illustrative purposes Abu Dhabi Future Energy Company – Masdar – has issued a new $1bngreen bond, boosting its total outstanding under the green bond programme to $2.75bn. The latest issuance was structured in two equal tranches of $500m, with tenors of five and 10 years and respective coupon rates of 4.875 per cent and 5.375 per cent. The offering drew robust investor interest, with a peak orderbook of $6.6bn, significantly oversubscribed by both regional and international investors, including dedicated green funds. Spreads over US Treasuries were finalised at 80 basis points for the 5-year tranche and 90…
The UAE’s first federally licensed lottery is just a week away and people in the country are looking forward to the AED100m ($27.2m) prize draw. Find out everything you need to know, from game types and rules to the odds of winning major cash prizes. Also this week, we looked ahead to the 2025 public holiday dates, the Riyadh Metro made its long-awaited debut, Mohamed Alabbar spoke out on ambitions for the future of Noon, off-plan property in Dubai was in the spotlight and more. Catch up with 10 of the best stories this week as selected by Arabian Business…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is chief financial officer at SchrodersAdvances in a range of technologies have brought the investment industry to the brink of a major step into the future. The evolution of artificial intelligence, big data and distributed ledger technology are the game-changers. While the world of investment has modernised in recent decades with processes automated for efficiency, a switch towards digital assets could fundamentally rewire the industry.This could bring together the current plethora of processes across the industry and enable transactions that…
By 2028, the global social commerce market is projected to reach $2.9 trillion, growing at a rate of 28.4%. The influence of social media platforms like Instagram and TikTok has been a key driver behind this incredible rise. If you’re looking for strategies to drive direct sales through social media, look no further. It’s time to look at these channels as a profitable sales tool. Key Takeaways 5.07 billion people use social media, totalling an average time of 2h 20m per day! That’s a lot of screen time that you can harness to increase sales. There are pros and cons…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldAlmost 600 years ago, when the Ottomans conquered Constantinople, they learnt the danger of imperial over-reach. In a bid to punish the European merchants they disliked, the Ottomans imposed fees and sanctions on traders using the famed Silk Road. The Portuguese duly responded by developing sea routes to Asia. The resulting struggle led to the long-term decline of the Silk Road; the power-grab backfired. Is this now happening again? It is worth pondering. US President Donald Trump is not only…
Image: WAM The UAE’s President Sheikh Mohamed bin Zayed Al Nahyan and US President Donald Trump witnessed the launch of the new UAE-US 5GW AI campus in Abu Dhabi, the largest such facility outside the US, as part of a deepening technology partnership between the two countries. According to a report published by state news agency, WAM, the campus will host US hyperscalers and large enterprises with regional compute resources targeting nearly half the global population. The facility will provide 5GW of capacity for AI data centres powered by nuclear, solar, and gas sources to reduce carbon emissions. It will…
Mastercard and Boost, the business-to-business (B2B) commerce platform, partnered to drive the growth of small businesses operating in last-mile fast-moving consumer goods (FMCG) distribution networks. The collaboration will provide digital payment options, embedded credit and integrated supply chain finance solutions to micro, small and medium enterprises (MSMEs). Supporting Mastercard’s goal of bringing one billion people and 50 million MSMEs into the digital economy by 2025, the multi-country collaboration focuses on high-growth markets, starting in Egypt, Kenya, Nigeria, Ghana and South Africa. “Small businesses are the backbone of thriving economies, yet they often face significant barriers to growth. Through our partnership…