Author: Arabian Media staff
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Image: Getty Images/ For illustrative purposes Seven in ten UAE retailers are now integrating digital tools into their physical stores, signalling a major shift toward omnichannel retail, according to a new survey by global technology company Zoho Corp. The study, conducted by Zoho Commerce and titled The UAE Retailer Survey, gathered insights from more than 300 businesses and highlights emerging trends, opportunities, and challenges in the country’s retail segment. “The retail sector in the UAE is taking a more holistic and intelligent approach to commerce,” said Prashant Ganti, VP, Global Product Strategy, Finance & Operations, Zoho. “Our study shows retailers…
Image: AviLease Saudi Arabia’s Hassana Investment Company has partnered with AviLease, the aircraft lessor owned by the Public Investment Fund (PIF), to establish a dedicated aircraft leasing joint venture, the companies said on Monday. Hassana will hold a majority stake in the venture, while AviLease will act as the aircraft service provider. The JV will target both international and local investors, aiming to broaden access to aviation financing while supporting Saudi Arabia’s National Aviation Strategy. JV to acquire aircraft from AviLease As its first transaction, the joint venture will acquire 10 fuel-efficient aircraft from AviLease, currently leased to Saudi-based airlines.…
For many people, marriage brings many benefits, including financial ones. But don’t be surprised if you have a significant other who believes that getting married is more of a financial liability than a benefit. That mindset is more common than you’d think. There’s a long-held belief that married couples pay more in taxes than single people. This is largely untrue for many couples. Moreover, there are several additional reasons why marriage makes financial sense. Read on for the details on the financial benefits of marriage. Key Takeaways For most couples, marriage makes financial sense. The so-called marriage penalty has not…
Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame. If market prices become unfavorable for option holders, they will let the option expire worthless and not exercise this right, ensuring that potential losses are not higher than the premium. If the market moves in a favorable direction, the holder may exercise the contract. Options are generally divided into “call” and…
Key Takeaways The average retired household spends around $5,000 per month, with housing, healthcare, and food being the largest expense categories.With a median 401(k) balance of $210,724, retirees relying on the 4% withdrawal rule and Social Security benefits often face a shortfall in covering monthly costs.Retirees can bridge the gap by boosting savings, delaying retirement, cutting discretionary expenses, or exploring additional income sources like part-time work or rental properties. One of the most pressing questions individuals face is: How much money will I need to maintain a comfortable lifestyle once I stop working? To answer that question, you have to…
When a publicly traded company announces a corporate action, the savvy investor knows it’s an event likely to impact the stock price. If you’re a shareholder or considering buying company shares, you need to understand how an action will affect the company’s stock. Corporate actions can also indicate a company’s financial health and prospects in the near term. Key Takeaways A corporate action is any activity that brings material change to an organization and impacts its stakeholders. These events typically need to be approved by the company’s board of directors. Corporate actions can be voluntary, when investors choose to participate,…