Author: Arabian Media staff
Some tasks are easier than others when helping clients execute a financial plan. From my experience, estate planning is often the hardest. The possibility of death or disability is not something we think of as imminent, and it can be hard to wrap your head around a worst-case scenario mentally. According to a recent survey by Caring.com, only one in four Americans has a will in place, a decline from 33% of respondents in 2022. Below, I share how I help clients take action to complete their estate plan. Key Takeaways The hardest part of estate planning is often deciding…
Image credit: Getty Images The Ministry of Human Resources and Social Development (MHRSD) in Saudi Arabia has proposed major amendments to the country’s Labor Law and its Executive Regulations, adding a series of new violations and penalties aimed at ensuring fair treatment of workers and stronger compliance from employers. The ministry made the proposed changes public via the Istitlaa platform, inviting feedback from citizens, businesses, and stakeholders before final adoption. The updated Table of Violations and Penalties marks a significant shift in labor regulation, introducing sector-specific enforcement for the first time in the maritime and agricultural industries, a Saudi Gazette…
Key Takeaways The Labubu craze is not a new phenomenon; comparable trends, such as the Cabbage Patch Kids doll in the 1980s and the Beanie Babies fad in the 1990s, have occurred in the past. Labubu toys are exclusively sold by Pop Mart, a Chinese retail chain known for its vibrant brick-and-mortar stores and robo-vending machines. Supply cannot meet demand for Labubu dolls, so consumers often have to resort to secondary marketplaces such as eBay and StockX to purchase them, frequently at inflated prices. Investing in collectibles such as Labubus often involves high initial costs and significant risks that the…
Key Takeaways Side hustles are getting more popular because they help people make extra money and fit easily around their busy schedules.With ChatGPT, people can make some extra income without advanced skills or significant investment.ChatGPT opens the door to a wide range of beginner-friendly income opportunities, including tutoring, virtual assistance, content writing, and social media management. Working a side hustle to earn extra income has never been more common and accessible than it is now. As the cost of living continues to rise, more people are turning to tools like ChatGPT to work smarter, streamline everyday tasks, and generate extra…
Key Takeaways Market watchers argue that reverse stock splits do nothing to improve a company’s fundamentals. They simply raise the stock price by reducing the number of shares available. Reverse splits are often seen as distress signals—last-ditch efforts to avoid delisting or to mask deeper woes. When a company announces a reverse stock split, experienced investors typically view it as a warning sign. The move, which boosts the share price by shrinking the number of shares outstanding, is rarely a sign of business strength. As Robert R. Johnson, a professor of finance at Creighton University, told Investopedia, “Healthy companies don’t…
Image credit: Supplied As it celebrates two decades of redefining retail in the region, Mall of the Emirates is preparing to enter a bold new phase of transformation. Marking its 20th anniversary this September, the iconic destination is unveiling an ambitious Dhs5bn reinvention under the banner of “Mall of New Possibilities”, all while its parent company, Majid Al Futtaim, reports a solid first half of 2025, showcasing resilience, profitability, and strategic evolution. Since opening its doors in 2005, Mall of the Emirates has become far more than a shopping mall. It’s a landmark that combines culture, commerce, entertainment, and community…
Dubai’s events scene, known for its high-end celebrations, is seeing new approaches to how gatherings are planned. The PartyPlatform, founded by Patrick Narracott, has launched a marketplace that aims to streamline how residents organise parties and events, offering a digital alternative to traditional planning services. With the UAE’s events industry valued in the billions, demand for straightforward planning tools is growing. The PartyPlatform provides two options for users: hiring a full-service planner to manage all arrangements, or selecting individual vendors to build a customised event. The model is designed to give consumers greater transparency and control in a sector often…
Image: Supplied Orascom Construction, a leading global engineering and construction contractor, commenced trading on the Abu Dhabi Securities Exchange (ADX), marking the third company to list on the exchange in 2025. The trading of Orascom Construction’s shares commenced ADX under the ticker “ORAS” with a market capitalisation of $905m. Abdulla Salem Alnuaimi, group CEO of ADX, highlighted that the listing enhances market depth and opens new investment opportunities, particularly in infrastructure and energy sectors. He emphasized that this addition complements ADX’s diverse sector offerings, including financial services, healthcare, technology, and real estate. Osama Bishai, CEO of Orascom Construction, expressed enthusiasm…
Image credit: Supplied The first edition of WHX Tech 2025, a major new platform for digital health innovation, concluded this week at the Dubai World Trade Centre after three high-impact days that brought together global leaders, start-ups, investors, and policy makers. With over 200 speakers and 300 exhibitors, the event created a collaborative space to explore how technology is transforming the future of healthcare, from smart hospitals and AI diagnostics to femtech and care for displaced populations. Read more-Dubai goes digital: WHX Tech sets stage for health innovation in AI, policy The event culminated in the announcement of the Xcelerate…
Image: Supplied Marjan, the master developer of freehold properties in Ras Al Khaimah, said on Thursday it has completed infrastructure works at RAK Central, its upcoming mixed-use commercial development, and appointed construction group ALEC as the main contractor for the RAK Central HQ Office Complex. The 8.37 million square foot gross floor area project spans 3.1 million square feet of land and is positioned as a business hub with commercial, residential, retail and hospitality components. With basic infrastructure including utilities, roads, cycle tracks, landscaping and green spaces in place, sub-developers are expected to begin activation of individual projects. The HQ…