Author: Arabian Media staff

Veolia has signed an agreement with CDPQ to acquire its 30 per cent stake in Veolia’s subsidiary, Water Technologies and Solutions (WTS), giving Veolia full ownership of the company. The move is expected to unlock further value potential, simplify the Group’s structure, and generate approximately €90m in additional run-rate cost synergies. The acquisition forms part of Veolia’s GreenUp strategic roadmap, with capital allocated to strengthen its position in water technologies and in the United States—both identified as priority growth areas. By acquiring CDPQ’s minority stake, Veolia will further cement its status as a global leader in water technologies, a market…

Australian Olympic Champion and World Record holder Stephanie Rice/Image: Supplied My Sports Academy (MSA), one of the UAE’s leading swimming organisations, has announced a landmark partnership with Australian Olympic Champion and World Record holder Stephanie Rice, who now resides in Dubai. Rice will spearhead My Swim Club, the region’s most comprehensive swimming programme, designed to save lives through water safety, build confidence through learn-to-swim education, and nurture future champions through performance excellence at every age. The collaboration brings together MSA’s 14 years of regional expertise with Rice’s world-class performance insights, delivering programmes that aim to transform swimming education across the…

Image: Supplied Progress is not measured by ambition alone, but by who is empowered to shape it. As we mark Emirati Women’s Day, it’s worth asking what authentic leadership in science and technology looks like. Not symbolically, but structurally. Who is at the table when decisions are made? Who is building the systems that will shape our society for decades to come? The UAE has never accepted the premise that women in technology are an exception. Our leadership has long placed women at the center of national progress, whether in space exploration, renewable energy, or frontier sciences. That vision is…

Image: Supplied As the global energy map is redrawn, the Middle East finds itself at the epicentre of a profound transformation. The region’s traditional hydrocarbon foundations are rapidly being complemented and, in some cases, challenged by an accelerating push into renewables, hydrogen, carbon capture, and digital innovation. While capital investment and infrastructure headlines dominate, there’s a deeper shift underway: the emergence of a new energy workforce. The GCC’s ability to compete and lead in this evolving landscape hinges on how well we reimagine our talent strategies. This is a moment of opportunity that GCC leaders must seize. Talent strategy is…

Dr. Emad Fahmy, systems engineering manager, Middle East at NETSCOUT/Image: Supplied The Middle East has become a proving ground for some of the world’s most complex and persistent cyber campaigns. With its critical role in global trade, energy production, and rapid digital transformation, the region is facing escalating waves of AI-driven, multi-vector DDoS attacks that threaten national strategies across telecom, energy, finance, and education. In this Q&A, Dr. Emad Fahmy, systems engineering manager, Middle East at NETSCOUT, unpacks why adversaries are targeting Saudi Arabia and the UAE, how new attack models are evolving, and what governments and businesses must do…

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…