Author: Arabian Media staff
Image credit: Majid Al Futtaim/Website Majid Al Futtaim, the prominent shopping mall, communities, retail, and leisure conglomerate in the Middle East, Africa, and Central Asia, has announced the launch of Ghaf Woods Mall, a flagship shopping and leisure destination in Dubai. Announced on October 6, the mall will be the first forest-integrated retail space in the region, offering a unique blend of nature and commerce. Read more-Sheikh Zayed road gets direct link to Mall of the Emirates: What motorists need to know The new mall will anchor the Dhs15.4bn Ghaf Woods residential community, representing a pioneering step in biophilic retail…
Image: ADGM/ For illustrative purposes Blackstone, the world’s largest alternative asset manager, and Lunate, the Abu Dhabi-based global investment management firm with more than $110bn in assets under management, have partnered to invest in logistics assets across the Gulf Cooperation Council (GCC). The two firms will establish Gulf Logistics Infrastructure Development Enterprise (GLIDE), a new platform focused on developing, acquiring, and managing Grade A logistics assets across the GCC. Blackstone, which owns more than 1.2 billion square feet of logistics assets globally, will combine its global experience with Lunate’s regional investment network and expertise. Additional strategic partners from the GCC…
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Image: Getty Images The U.S. government shutdown entered its sixth day on Monday, with President Donald Trump‘s Republicans and congressional Democrats still at an impasse and the White House threatening to ramp up pressure by ordering mass layoffs of federal workers. The Republican-led Senate was slated to vote again on dueling measures to fund federal agencies, including a Republican stopgap bill approved by the House of Representatives that would fund operations through November 21, and a Democratic alternative. Neither was expected to receive the 60 votes needed to advance. Asked on Sunday night when the government would begin laying off federal…
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Key Takeaways Index Options Basics: Index options are financial derivatives based on stock indices like the S&P 500 or the Dow Jones Industrial Average. They give investors the right to buy or sell the entire index rather than a single stock, offering a way to diversify portfolios.European-Style Exercise: Unlike single stock options that might be American-style, index options are European-style, meaning they can only be exercised at expiration. This influences how investors plan their strategies.Hedging and Speculation: Index options are versatile and can be used to hedge stock portfolios against declines or to speculate on the index’s future movements. Strategies…
There are several benefits to taking a financial literacy quiz. Essential topics ranging from mortgages to inflation are not covered often enough within the traditional education system. And even if you are a financial whiz, there is likely more you have to learn. Our financial literacy quiz is an excellent way to identify gaps in your knowledge and may even put some new concepts on your radar. Key Takeaways Understanding Credit Scores: Your credit score varies depending on the scoring model used and can impact your eligibility for loans, car leases, and housing. It’s crucial to monitor your credit score…
Buffett has a simple test for every stock he buys: Would he be happy owning it if the market were to close for 10 years? If the answer is no, he doesn’t buy it. This philosophy explains why he built a $344 billion cash stockpile while other investors have chased perhaps overvalued stocks as the stock market has risen in 2025. It’s also what has helped his company generate over 20% annual returns for four decades, yet many investors still overlook it. Buffett’s Core Belief: The 10-Year Test Buffett’s investment philosophy centers on a single powerful idea: If you wouldn’t…
Meraas, part of Dubai Holding Real Estate, has unveiled Nourelle, a new residential development within Madinat Jumeirah Living. Located in the heart of Jumeirah, Nourelle marks a further expansion of Meraas’s luxury real estate portfolio, offering a collection of residences defined by striking architecture, panoramic views, and wellness-driven amenities. Nourelle forms part of a three-building residential project, with the first tower comprising 66 residences across 12 storeys. These include 27 one-bedroom, 28 two-bedroom, 10 three-bedroom, and one four-bedroom apartment. Each home features floor-to-ceiling glazing to maximise natural light and capture sweeping views of the surrounding neighbourhood. A signature feature of…
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