Author: Arabian Media staff
Few figures in modern business and technology have generated as much attention or controversy as Elon Musk. As CEO of several major companies, including Tesla, Inc. (TSLA), SpaceX, and X, Musk is one of the world’s wealthiest business figures. He is also now likely the world’s most powerful. In what the Financial Times has called “a hostile takeover of the U.S. government,” Musk leveraged over $280 million in campaign donations and vocal support for Donald Trump during the 2024 election into a significant position as (unofficial) head of the so-called Department of Government Efficiency (DOGE), where he now wields unprecedented…
What Is Business Development? Business development is the process of planning for future growth by identifying new opportunities, forming partnerships, and adding value to a company. It involves understanding the target audience, market opportunities, and effective outreach channels to drive success. Business development may involve objectives around sales growth, business expansion, strategic partnerships, and increased profitability. The process impacts every department, including sales, marketing, manufacturing, human resources, accounting, finance, product development, and vendor management. Key Takeaways The overarching goal of business development is to make a company more successful.It can involve many objectives, such as sales growth, business expansion, the…
Key Takeaways Delaying Social Security boosts your monthly benefit, but serious illness may make early claiming a more practical option. Calculating your breakeven age can help you decide whether delaying benefits or collecting early makes sense. If an illness shortens your expected lifespan, claiming earlier can help ensure you collect more in lifetime benefits and that money can be used for more immediate medical needs. Waiting to collect Social Security retirement benefits can provide a big boost to your retirement income, but if you have a serious illness, is it really worth the wait? We connected with Chuck Czajka—a certified…
Which country is best to call home? This question is part of a long-time debate between the two largest nations of North America. Many people in Canada and the United States hold the view that their own country is a better place to live. Generally, neither country knows all the facts about what the other has to offer. When considering where to establish your principal residence, it might be a good idea to take a deeper look at both. So, which is better: Canada or the U.S.? Key Takeaways The U.S. and Canada are two countries in North America with…
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Key Takeaways: Legendary investor Charlie Munger called the first $100,000 difficult to earn but pointed out how compound growth makes all your future gains easier. It takes 9.5 years to save $100,000 if you’re putting away $650 per month at an average 7% annualized return. After that decade, it only takes just under two and a half more to become a millionaire, showing the speed of growth under compound interest once you save six figures. Legendary investor Charlie Munger, Warren Buffett’s longtime business partner at Berkshire Hathaway Inc. (BRK.A, BRK.B), understood the psychology of wealth building better than most. “The…
Key Takeaways According to the EMH, stock prices reflect all available information, suggesting that it’s impossible for investors to find undervalued stocks. Buffett argues against the EMH by pointing to examples of value investors, including himself, who have outperformed the market. Still, Buffett recommends that non-professional investors should choose low-cost index funds because successful value investing takes time and expertise. The legendary investor Warren Buffett has repeatedly denounced the efficient market hypothesis (EMH), which claims that stock prices reflect all relevant information and always trade at their fair value. Beyond simple luck, this should make it impossible to consistently beat…
Key Takeaways A 2025 NBER study finds that female entrepreneurs who launched a startup after a previous failure raised 53.3% less capital than men who were involved in the same failed companies. This funding gap directly contributes to fewer women becoming serial entrepreneurs—women represent only 4% of founders who start three or more companies, compared with 16% of first-time founders. When a startup fails, male founders have a much easier time getting money for their next business idea than women do—even when they worked together on the same failed company. A 2025 National Bureau of Economic Research (NBER) study examined…
Image credit: Supplied As the UAE commemorates Emirati Women’s Day on August 28, e& enterprise, the digital transformation arm of global technology group e&, is reaffirming its strategic commitment to developing Emirati talent and advancing gender inclusion. The occasion also marks the 50th anniversary of the General Women’s Union, amplifying national conversations around equity, unity, and sustainable development. Under the official 2025 theme, “Hand in Hand, Celebrating the 50th,” the UAE is recognising the contributions of Emirati women across public and private sectors, particularly in science, technology, business, and governance. e& enterprise is aligning its human capital strategy with these…
Key Takeaways It’s not too late to plan and save for retirement, even if you’re 10 years away.Review your current financial situation and look for ways to optimize your savings.Calculate your expenses to determine how much income you’ll need when you retire.Pay down as much debt as you can so you can live your retirement stress-free.Focus on planning and how you can generate income during retirement by choosing the right mix of accounts based on your risk tolerance and goals. If you’re 10 years away from retirement, it’s not too late to fine-tune your savings plan, but your limited timeline…