Author: Arabian Media staff
Image credit: Getty Images In a significant move to attract foreign investment and top-tier talent, Oman has officially launched its much-anticipated 10-year “Golden Residency” programme, offering long-term residency to eligible investors and skilled professionals through seven distinct investment routes, starting from OMR200,000. The announcement was made during an event on Sunday, August 31, in Salalah, hosted by the Ministry of Commerce, Industry and Investment Promotion (MoCIIP) under the theme ‘Sustainable Business Environment’. The event was held under the patronage of Sayyid Marwan bin Turki al Said, governor of Dhofar, and attended by senior officials from both the public and private…
Image: Getty Images/ For illustrative purposes The UAE Cyber Security Council (CSC) has issued a warning about the increasing risks of using open public wi‑fi networks after recording over 12,000 breaches through such connections since the start of the year, according to a recent report by state news agency, WAM. According to the council, these incidents account for nearly 35 per cent of all cyberattacks reported in the UAE this year, underscoring the vulnerabilities posed by unsecured networks that hackers exploit to steal passwords, banking details, and personal information. The CSC stressed the need for caution when connecting to free…
Image: Getty Images/ For illustrative purposes Indian expatriates in the UAE will need to submit passport photographs that meet International Civil Aviation Organization (ICAO) standards starting September 1, the Indian Consulate in Dubai announced last week. The change follows a directive from India’s Ministry of External Affairs, communicated to embassies and consulates globally. Here are the new passport photo specs for Indian passports The updated regulations require photos in colour, sized at 630 × 810 pixels (or 2×2 inches if printed), against a plain white background. The face must occupy 80–85 per cent of the frame with a neutral expression,…
Image credit: Getty Images In a major push to elevate food safety standards and regulatory oversight, Saudi Arabia’s Ministry of Municipalities and Housing, in coordination with the Saudi Food and Drug Authority (SFDA), has introduced a comprehensive update to the Food System Violations Table, designed to protect public health and ensure fair compliance across the food sector. Read more-Saudi’s new rules: Fine dining to look different now The updated table, published on the ministry’s website introduces a more nuanced classification system for violations, taking into account the size of food establishments and the nature of their economic activities. The move is…
Image: Parkin Dubai’s public parking operator, Parkin, has introduced two new paid parking zones in Al Jaddaf: Zone 326C (on-street) and Zone 326D (off-street), as part of the city’s peak and off-peak tariff system. The zones, announced on August 31, will enforce charges from Monday to Saturday, 8am to 10pm. Paid parking tariffs for new zones Tariffs are set at Dhs4 per hour during peak periods and Dhs2 during off-peak hours. Zone 326C has a maximum fee of Dhs16 for four hours, while Zone 326D’s ceiling is Dhs20 for 24-hour parking. Parking remains free on Sundays and public holidays. Clear…
It’s a widely held assumption that US President Donald Trump has put globalisation into reverse. But Neil Shearing, group chief economist at Capital Economics and author of The Fractured Age: How the Return of Geopolitics Will Splinter the Global Economy, tells the FT’s world trade editor Peter Foster that Trump’s policies are a symptom and not the cause of the global trading system unravelling. They discuss how economic rivalry between the US and China is reshaping world trade – and where it might lead.Peter Foster is the FT’s world trade editor. You can read his articles hereBook your FT Weekend…
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The world’s biggest companies by market capitalization are mainly tech companies, although other sectors, such as energy, financial services, and pharmaceutical, also make an appearance in the top 10. Most of these companies generate hundreds of billions of dollars in annual revenue and are highly profitable. However, there are a few exceptions, with the focus of investors being future growth potential. Companies are ranked according to TradingView’s list of largest companies by market capitalization. All figures, which are also taken from TradingView, are current as of Sep. 1, 2025. Key Takeaways Company size is often measured by market capitalization, the…
If you are a U.S. citizen or a resident alien, your income is subject to U.S. income tax, including any foreign income or income earned outside of the U.S. It doesn’t matter if you reside inside or outside of the U.S. when you earn this income. Even if you don’t receive common forms like W-2s or 1099s from foreign payers, you are still required to report the income you earn abroad. Key Takeaways U.S. citizens and resident aliens must report all income, including foreign income, to the IRS. If certain criteria are met, you may qualify to exclude some foreign-earned…
