Author: Arabian Media staff
EV car charger Electric vehicle (EV) adoption in the UAE is gaining momentum, backed by government incentives, expanding charging networks, and a growing range of models. Yet one factor continues to raise eyebrows: the cost of insuring an EV. Recent reports suggest premiums are as much as 72 per cent higher than for petrol cars—a figure confirmed by AutoData, the UAE’s leading automotive data and AI platform. “From our vantage point, the 72 per cent premium gap is broadly accurate and reflects current realities in the market,” says Sebastian Fuchs, general manager of AutoData. “The higher premiums are not simply…
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Key Takeaways Diversification across asset classes remains the strongest defense—no single investment perfectly hedges inflation. Treasury Inflation-Protected Securities (TIPS) can underperform during rate hikes, but they offer direct inflation protection when held to maturity. Real estate investment trusts (REITs) can hedge inflation, though their behavior can mimic equities during volatile markets. Commodities, especially gold, can spike when inflation surprises, but long-term volatility makes them unreliable as a sole hedge. Consumer prices jumped 2.9% in August 2025—the fastest pace of the year—driven in part by the Trump tariffs, which have pushed inflation expectations to 4.8%, well above the Fed’s 2% target.…
Image: Getty Images The Indian rupee hit a new low on a proposed hike in US visa fee. The rupee slipped 0.5 per cent to hit an all-time low, pressured by the US visa fee hike, muted foreign equity inflows and a pickup in hedging. The country’s central bank likely sold dollars via state-run banks near the 88.50 level to support the rupee before allowing it to slide further. Source link
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Key Takeaways Paris’s low cost of living can help retirees stretch their savings, with median monthly housing costs that are less than half the national median.Despite its small size, health care is surprisingly accessible in Paris, which contains one of Henry County’s two major hospitals.Bordering an 841-acre forest and a 160,000-acre lake, Paris offers easy access to nature and outdoor recreation.Paris’s welcoming community, creative spirit, and long-standing local traditions provide plenty of opportunities to feel connected. It may not be the pride of France, but Paris, Tennessee, is still a worthwhile destination—at least for retirement. Nestled in the heart of…
Image credit: Dubai Media Office/Website ALEC Holdings PJSC (under conversion in Dubai, UAE) (“ALEC” or the “Company”), a market-leading diversified engineering and construction group, has officially announced the price range per share and the start of the subscription period for its highly anticipated initial public offering (IPO) on the Dubai Financial Market (DFM). This marks a pivotal moment for one of the region’s largest construction groups as it seeks to bring private-sector momentum and public investment under a unified capital strategy. The price range for the IPO has been set between Dhs1.35 and Dhs1.40 per share, implying a market capitalisation…
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