Author: Arabian Media staff
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Key Takeaways: Building prices have had a weak correlation with house prices in the past, but not anymore. Over the past ten years, building prices have had little to no impact on house prices. According to a working paper from the National Bureau of Economic Research, the more likely culprit behind sky-high house prices is the rising price of land. Other elements, like legal costs and insurance premiums, have also placed upward pressure on house prices. Housing prices are at an all-time high. According to the National Association of Realtors, the median existing-home sale price in the U.S. reached $429,400…
Key Takeaways Understanding each other’s money mindset can help prevent conflict.Debt transparency is essential to planning and avoiding financial surprises as a couple.An emergency fund provides a safety net and reduces financial stress.Shared financial goals encourage teamwork while respecting individual priorities.Clear budgeting and expense-sharing strategies strengthen trust and accountability. Money can often be one of the biggest sources of stress and contention in a relationship. Fidelity Investments’ 2024 Couples and Money study revealed that 45% of couples admit to arguing about money at least sometimes. With rising costs and economic uncertainty, you may find it difficult to get on the…
Image credit: Getty Images The UAE’s Fuel Price Committee has approved new retail fuel rates for the month of September, reducing diesel prices as global oil prices fall with expected low demand, upcoming supply boost, according to state news agency, WAM. UAE Fuel Price Committee announces prices for September 2025 #WamInfographic pic.twitter.com/fHPvPBtkEQ — WAM English (@WAMNEWS_ENG) August 31, 2025 – Diesel: Dhs2.66 per litre reduced from Dhs2.78 per litre in August – Super “98”: Dhs2.70 per litre increased from Dhs2.69 per litre last month – Special “95”: Dhs2.58 per litre remaining almost the same as Dhs2.57 per litre in the…
MHero car/Image: Supplied Al Ghurair Mobility has signed an agreement with Dongfeng Motor Corporation to introduce the premium automotive brands MHero and Voyah to the Saudi market. The move marks a major step in Al Ghurair Mobility’s regional expansion, bringing advanced new energy and hybrid vehicles that blend performance, innovation, and luxury. The launch supports Saudi Arabia’s Vision 2030 goals of sustainable development and economic diversification, while delivering premium electrified mobility solutions backed by Al Ghurair’s regional expertise and service network. The signing ceremony was attended by senior executives from both companies, including John Iossifidis, group CEO of Al Ghurair,…
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Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Retirement might mark the end of your career, but it doesn’t necessarily mark the end of your tax obligations. Depending on your income sources and where you live, taxes can still take a bite out of your retirement income. Thankfully, understanding how different income streams are taxed can help you plan ahead, preserve more of your nest egg, and avoid surprises come tax season. Key Takeaways Different retirement income sources—such as Social Security, pensions, and IRAs—are taxed differently, so understanding their treatment is key to effective tax planning. The strategic use of Roth accounts, tax-deferred withdrawals, and managing capital gains…
Warren Buffett transformed Berkshire Hathaway from a failing textile company into a sprawling conglomerate worth nearly $1 trillion. Now he’s 94 and the time to pass the reins is nearing, with one of the most high-profile jobs, the role of non-executive chairman, set to go to his middle child, a philanthropist and farmer with an interesting resume. Key Takeaways Howie Buffett is a philanthropist, farmer, and the middle child of Warren Buffett. After Warren dies, Howie is set to become Berkshire Hathaway’s non-executive chairman. Warren trusts Howie, who has sat on the boards of multiple companies, to preserve Berkshire’s culture…
Key Takeaways Experts say the AI trade is real, but they warn investors to tread carefully as speculative names surge without profits. Smaller firms chasing AI hype without fundamentals may get hit hardest if spending slows or sentiment shifts. Investors should focus on quality earnings, not just hype. “Free cash flow is all that matters,” says analyst Ted Mortonson. Nvidia’s monster earnings. A massive 200%+ post-IPO pop from AI cloud-computing startup CoreWeave. Multi-billion-dollar valuations for companies still chasing profits. If this all sounds familiar to you, you’re not alone. Talk of a potential AI stock bubble is growing. Some experts…