Author: Arabian Media staff
Image: Getty Images/ For illustrative purposes Saudi Arabia’s non-oil exports rose by 17.8 per cent in Q2 2025, according to official data, reflecting growth in both re-exports and national exports. The increase included a 46.2 per cent surge in re-exports, while national non-oil exports, excluding re-exports, grew by 5.6 per cent, according to Saudi Arabia’s General Authority for Statistics. The ratio of non-oil exports, including re-exports, to imports rose to 37.3 per cent in the second quarter from 35.8 per cent in the same quarter of 2024. This was driven by the 17.8 per cent growth in non-oil exports, which…
Image credit: Getty Images As the UAE prepares for economic expansion in 2024 and 2025, new data reveals a deepening gap in salary trends across industries. According to recent analysis, sectors like Finance, Banking, and Fintech continue to outpace others, offering salaries that average 24 per cent above the market median. Close behind is the Energy and Utilities sector, with wages 20 per cent above median levels. Read more-UAE’s job boom: 56% of companies planning to hire Vijay Gandhi, regional director of Korn Ferry Digital, EMEA, said the Technology and Innovation sector, particularly fields such as artificial intelligence, data science,…
George Naddaf, managing director of eToro (MENA)/Image: Supplied Retail investors in the UAE are showing strong confidence in their domestic market while balancing global exposure and defensive assets, according to the latest edition of the UAE Retail Investor Beat by eToro. The survey, which polled 1,000 UAE-based investors, highlights shifting portfolio priorities, growing interest in commodities, and the rising role of AI in trading strategies. George Naddaf, managing director of eToro (MENA), believes the findings reflect a maturing retail investment sector in the Gulf, where optimism about local markets is complemented by pragmatic diversification. Shifts in sector and asset preferences…
Gambling Winnings: Introduction Gambling winnings are fully taxable, so you won’t get to keep every penny even if you beat the odds and win big. The Internal Revenue Service (IRS) has ways of ensuring that it gets its share. Casino winnings and winnings from lotteries, horse races, off-track betting, sweepstakes, and game shows are all taxable. But there’s a bit of good news here. If you itemize your deductions, you can deduct gambling losses up to the amount that’s offset by your winnings. You must be able to prove the numbers with records of your winnings and losses. Roughly 79% of…
Key Takeaways Kansas City Chiefs tight end Travis Kelce has a net worth of about $90 million, according to Celebrity Net Worth.In 2024, Kelce signed a new two-year $34.2 million deal with the Chiefs, with an average yearly salary of $17 million.Kelce has partnered with brands including Nike, Bud Light, State Farm, Experian, Pfizer, and DirecTV, among others.Kelce’s investments include Formula One racing team, Alpine, Cholula Hot Sauce, Hydrow, PlayersTV, and RealTruck. Kansas City Chiefs’ Travis Kelce is among the top three highest-paid tight ends in the NFL as of 2025. He was the highest-paid tight end in the 2024…
Western efforts to create a rival supply chain and break Beijing’s dominance will come up against challenges of cost and scale Source link
What Are Unrealized Gains and Losses? Gains and losses can be either realized or unrealized. Unrealized gains and losses reflect changes in the value of an investment in your portfolio before it is sold. Investors realize a gain or a loss only when they sell an asset (unless the purchase and sale prices are the same). A gain occurs when the current price of an asset rises above the amount that an investor paid for it. A loss means the price has dropped since the investment was made. This article examines the differences between realized and unrealized gains and losses…
Money Markets vs. Capital Markets: An Overview Money and capital markets are fundamental to the economy, serving investors and businesses alike. Money markets deal in short-term debt instruments, usually for one year or less. It’s where governments, banks, and large corporations go to manage their immediate cash needs. Capital markets involve long-term securities, such as stocks and bonds, that mature in more than one year. This is where companies and governments raise funds for major projects and long-term growth. Money markets are the lifeblood of day-to-day financial operations, while capital markets sustain long-term economic growth. They differ in three ways:…
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters hereGood morning and welcome back to FirstFT Asia. In today’s newsletter: Nvidia’s quarterly resultsUS accused of covert influence operations in GreenlandIndia’s judicial backlogThe “ninja stealth rally” driving Japanese stocksWe start with artificial intelligence chipmaker Nvidia’s hotly anticipated results, which were released yesterday amid market jitters about whether the momentum around AI can continue. Here’s what to know.Solid results: Nvidia reported revenue of $46.7bn for the quarter…
Losses in the market can prove profitable in many cases such as when you buy low to later sell high. It’s not just the losses of others that you can benefit from, however. Tax-loss harvesting is a strategy to help investors turn their reversal into an advantage. This technique was once primarily used by wealthy individuals and financial professionals. It’s now accessible to retail investors thanks to user-friendly investment platforms and robo-advisors. Tax-loss harvesting involves selling investments that have dropped in value to offset capital gains taxes on other investments that have appreciated. “Capital losses have a few benefits,” David…