Author: Arabian Media staff
Key Takeaways To calculate your spending in retirement, begin by making a spending plan listing all your expenses. Once you know your retirement expenses, you’ll have a good idea of how much you will need to spend each year. Consider use rules-of-thumb like the 80% rule or the 4% rule as guidelines for spending. However, these rules are merely guidelines and it’s important to personalize them based on your own financial situation—a financial advisor may be able to help. Establishing a spending plan in retirement will help you stay on track with your finances during your retirement years. Wondering how…
Image: Supplied beIN MEDIA GROUP, the global sports and entertainment media networks, has officially launched its new subscription service, beIN STREAM, in the United Arab Emirates. beIN STREAM offers UAE audiences seamless access to premium sports and entertainment content via a Wi-Fi-enabled streaming device that connects directly to any smart TV. Built for convenience and flexibility, the service delivers live and on-demand viewing experiences without long-term commitments. Subscribers can enjoy exclusive beIN SPORTS coverage, including the UEFA Champions League, tennis Grand Slams, and Formula 1, alongside blockbuster films and top entertainment channels. Each subscription also comes with complimentary access to…
Rob Woods, director, fraud and identity, LexisNexis Risk Solutions/Image: Supplied Financial institutions across the Middle East are facing a new wave of digital fraud, with synthetic identities and AI-powered deepfakes testing the resilience of traditional verification processes. According to Rob Woods, director, fraud and identity, LexisNexis Risk Solutions, the region’s unique demographic and regulatory environment creates both opportunity and vulnerability. Why the Middle East is a prime target “The region’s broad diversity of international expatriates living, working and traveling creates a range of identity verification requirements. This complexity allows fraudsters to exploit uncommon identity types to bypass verification processes,” Woods…
Image courtesy: ALEC Holdings ALEC Holdings, a Dubai-based engineering and construction group, said on Monday it plans to list 20 per cent of its share capital on the Dubai Financial Market (DFM) through an initial public offering (IPO). The Investment Corporation of Dubai (ICD), the company’s sole shareholder, will sell one billion shares in the offering, which opens on September 23 and closes on September 30. ICD retains the right to amend the size of the offering before the end of the subscription period, subject to laws and approval from the Securities and Commodities Authority (SCA). Shares are expected to…
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Image credit: Dubai Media Office/Website Engel & Völkers Middle East, a provider of real estate services, has identified a notable shift in Dubai’s residential property market. Increasing numbers of tenants, particularly families and young professionals, are transitioning to homeownership, moving away from the rental cycle to secure long-term financial stability and lifestyle benefits. Read more-Buying or renting in Dubai? The 2025 market guide you can’t ignore This behavioural shift is supported by hard data: secondary market sales rose by 22 per cent in the first eight months of 2025 compared to the same period last year. The trend reflects growing…
Attendees at last year’s Gulf Business Awards 2024 The wait is almost over. The Gulf Business Awards 2025, the region’s premier platform for recognising excellence and innovation across industries, is now less than 10 days away. Taking place on September 24, 2025, at The Westin Dubai Mina Seyahi, the awards will once again bring together the Gulf’s most influential business leaders, innovators, and decision-makers for an evening of recognition and high-level networking. Now in its 13th edition, the Gulf Business Awards continues to honour outstanding achievements across sectors including banking, real estate, healthcare, technology, energy, and tourism. From disruptive startups…
Image: Getty Images/ For illustrative purposes UAE-based Space42 and US satellite operator Viasat said they plan to launch a joint venture, Equatys, aimed at delivering global direct-to-device (D2D) services and upgrading existing mobile satellite services to a 5G environment. The venture will combine satellite and terrestrial networks using a 3GPP non-terrestrial network compliant platform that can be accessed by standard smartphones and IoT devices. It is expected to support more than 100 MHz of harmonised mobile satellite spectrum allocated across over 160 markets. Commercial rollout is targeted within three years. Introducing Equatys: Enabling Mobility Everywhere.Space42 and @viasat partnered to launch…
Image credit: Getty Images The Federal Tax Authority (FTA) has issued a renewed call to all UAE-based businesses and taxable entities to proactively prepare for and submit their Corporate Tax Returns within the legally mandated deadlines. The announcement, made on September 14, stresses the importance of timely submission and payment of Corporate Tax Payable, in order to avoid the imposition of late payment penalties and non-compliance fines. Read more-Dubai’s Tax Star launches UAE’s first AI-powered corporate tax software The authority emphasised that meeting statutory deadlines is a key pillar of the UAE’s evolving corporate tax framework, which is designed to…
Image credit: X (HH Sheikh Mohammed @HHShkMohd) His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, has paid tribute to the late businessman Hussein Khansaheb, one of the UAE’s most prominent entrepreneurs, who passed away on Friday in Dubai. On his official X account, Sheikh Mohammed wrote: “Our deepest condolences to the family of the late businessman Hussein Khansaheb, one of the UAE’s most prominent entrepreneurs, whose company was established in 1935. He left an indelible mark on infrastructure development and will be remembered as a visionary leader in community, humanitarian and charitable…