Author: Arabian Media staff

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Key Takeaways Families can pay nearly $1,500 a year on sports for just one child, with wealthier families spending far more ($2,361) and low-income households spending significantly less ($890). Being transparent with children about trade-offs helps them understand the financial commitment while encouraging responsibility and practice. Parents can save by carpooling, meal prepping, and collaborating with neighbors or local businesses to share costs and resources. Carlie Ransom is the mom of two boys, ages 10 and 12, who play lacrosse and basketball. When Ransom, a certified financial planner (CFP) at Equal Path Investments, talks to her kids about sports, she’s…

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Key Takeaways Warren Buffett believes that fair taxation from large corporations and wealthy individuals would reduce the tax burden faced by ordinary Americans.He argues balancing the tax system would allow the U.S. to manage the increasing fiscal deficit and provide enough funding for public services and infrastructure. Warren Buffett, the renowned billionaire investor and CEO of Berkshire Hathaway Inc. (BRK.A), has long been a vocal advocate for tax equity, emphasizing that the wealthy and large corporations should pay their fair share. In recent statements, Buffett has made clear that his company’s outsized tax payments—at $26.8 billion in 2024, it was…

Image credit: Dubai Media Office/X account Dubai’s Roads and Transport Authority (RTA) has announced traffic diversions as work begins on the highly anticipated Dubai Metro Blue Line. Key among these is the closure of the road leading to the multi-storey car park at Centrepoint Station from Airport Road. Motorists are advised to follow directional signage at affected areas and plan alternate routes to avoid disruptions. Similar adjustments are also in effect near Creek Station, coinciding with early construction activity. Read more-Public transport updates: Dubai Metro lines rerouted, more public bus services The RTA is urging commuters to plan their journeys…

Image: Dubai Media Office DP World is launching a Morocco to UK and North Europe shipping service that will cut export times for fruit and vegetable shipments by up to two days, offering retailers and consumers fresher produce at lower cost and with a reduced carbon footprint. The new “Atlas” service will connect Agadir and Casablanca in Morocco with DP World-owned ports and terminals at London Gateway and Antwerp Gateway, using two dedicated vessels starting in November 2025. It will also supply produce into Antwerp for distribution across Europe. By shifting up to 150,000 tonnes of fresh produce from road…

Images: Supplied Dubai Sotheby’s International Realty closed the most expensive secondary villa sale on Palm Jumeirah this year, at Dhs161m ($43.8m). The deal, which also marked the second-highest sale on a per square foot basis in 2025 at Dhs14,679.39, involved a ‘Signature Villa’ developed by property firm 25 Degrees. The residence spans 10,900 square feet, with six bedroom suites, multiple living areas, a private cinema and a pool deck overlooking the Atlantis the Royal Resort & Residences. The sale was exclusively managed by Dubai Sotheby’s, with executive partner Leigh Borg representing the seller and senior global property consultant Filippo Tavernaro…

EFG Hermes, an EFG Holding company and the leading investment bank in the Middle East and North Africa (MENA), has partnered with Danish digital wealth management firm Kenzi Wealth to roll out a new risk-based portfolio advisory solution. The service, called One Advisor, aims to deliver highly personalised, risk-optimised investment strategies that empower clients to grow and protect their wealth in today’s volatile global markets. Integrated into the EFG Hermes ONE app, One Advisor is designed for self-directed investors seeking greater confidence and control. Powered by Kenzi’s proprietary technology, the feature enables users to analyse portfolios before investing, diversify more…

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