Author: Arabian Media staff
Criterion Weight Online Experience 2% Educational Resources 2% Pre-qualification 8% Refinance Available 1% Creditor Direct Pay 1% Allows Co-Borrowers or Co-Signers 3% Loyalty or Other Discounts Available 2% Reports to All Major Credit Bureaus 1% Hardship Assistance 1% Combined Consumer Review Rating 2% Transparency 1% Total 24% Online Experience This criterion rates the lender’s online presence, including website usefulness, ease of navigation, organization, design, and more. Our researchers rated each website using a 5-point scale. No lender earned a rating of 5, and just two scored a 4 (Discover and Happy Money); 42 lender websites earned a 3 rating. One…
Key Takeaways Home values surged during the first few years of the pandemic, but they have dropped significantly in some regions. If you paid peak prices, a drop in home values may mean you now owe more on your mortgage than your home’s appraised value. Being underwater can limit financial flexibility, but there are ways to solve this challenge. During the pandemic, the real estate market boomed as record-low interest rates and lifestyle shifts created intense competition that helped drive housing prices to record highs across the United States. Now, however, home values are falling in some areas, which could…
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The Dubai Integrated Economic Zones Authority (DIEZ) has announced the launch of the “Employee to Entrepreneur Programme”, an initiative designed to empower employees within DIEZ and its affiliated economic zones to establish and grow their own startups. The programme aligns with the national campaign “The Emirates: The Startup Capital of the World”, launched by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It reinforces DIEZ’s commitment to accelerating Dubai’s economic growth and fostering innovation by promoting a culture of entrepreneurship across the emirate. Entrepreneurs in Dubai Yousuf Behzad, Chief People…
Cultural Assets Group has launched a private, closed-end investment fund focused on Saudi Arabia’s cultural sector, valued at SAR850m ($227m). The fund includes SAR200m in financing from the Cultural Development Fund (CDF). The launch was announced at the Cultural Investment Conference 2025 in Riyadh, held on September 29-30. Cultural Assets Group’s fund to target cultural investments The fund will target investments across visual arts, fashion and cultural retail, digital content, experience design, interactive media and production, and emerging technologies. Its goals include supporting the sustainable development of the kingdom’s cultural economy, helping local firms expand internationally, and localising intellectual property…
Andre Saade, General Manager of Radisson Blu Hotel & Convention Center, Riyadh Minhal. Andre Saade knows what it means to steward a legacy. As general manager of Radisson Blu Hotel & Convention Center, Riyadh Minhal, he has overseen the transformation of one of the city’s most familiar hotels into a modern hub that reflects Riyadh’s Vision 2030 ambitions. With its roots stretching back to the 1980s, Minhal has always been more than a hotel — it’s been a gathering point for leaders, delegations, and families. And today, under the Radisson Blu brand, it combines that history with contemporary design, wellness-focused…
Image: Getty Images Kuwait, a top oil producer, raised $11.25bn from a three-part bond sale, drawing hefty investor demand for its first US dollar issue since 2017 in a strong return to global debt markets after years of domestic political gridlock. The Gulf state was the latest sovereign from the region to tap the bond market as strong global appetite and attractive borrowing costs allow governments to diversify funding sources to help plug budget deficits and invest in economic diversification strategies. Kuwait sold $3.25bn in a three-year portion at 40 basis points (bps) over US Treasuries, $3bn in a five-year tranche at 40 bps…
Global investment firm KKR KKR.N has acquired a minority stake in the entity that leases Abu Dhabi National Oil Company’s gas pipeline assets, it said on Wednesday, without disclosing financial details. KKR is acquiring the minority stake in ADNOC Gas Pipeline Assets through its managed accounts, matching the type and tenure of the investment with long-duration capital, according to a company statement. The transaction follows KKR’s 2019 investment in ADNOC’s oil pipeline network, a first for a foreign asset manager in Gulf energy infrastructure. Together with BlackRock, KKR divested the holding last year, transferring it to Abu Dhabi-based Lunate. ADNOC retains ownership…
Image: Getty Images Bahrain plans to tap global debt markets on Wednesday with a two-part issuance, the latest Gulf sovereign to capitalise on investor appetite for regional debt. Saudi Arabia, Abu Dhabi and Kuwait have all raised debt in recent weeks as attractive borrowing costs and strong demand allow governments to diversify funding sources to help plug budget deficits, pay down debt, and invest in economic diversification. Bahrain is in the market for an Islamic bond, or sukuk, issue with a tenor of slightly over eight years and a 12-year conventional bond, and set early price guidance at around 6.25 per cent and 7 per…
Key Takeaways Moving to a state without income tax might sound like a money saver, but once you factor in property taxes, insurance, and sales tax, the reality could be different. Sales tax, the cost of visiting family, and the local cost of living may be more expensive than expected. Before making a move, it’s worth weighing all these factors together and running the numbers so you know which state truly fits your budget and retirement lifestyle. For retirement, you might assume that moving to a state with low or no income tax would allow your money to stretch further.…