Author: Arabian Media staff
Key Takeaways Many people think that certain retirement strategies don’t apply to them or assume that their steady paycheck means they’re automatically on track.Advisors often meet new clients who either save aggressively or spend freely without linking their current financial strategy to their retirement objectives, resulting in them working longer than necessary or missing out on life today. Many professionals assume their steady income means they’re on track for retirement. But financial advisors say that’s the mindset that keeps people stuck—working years longer than they need to or missing out on life now. The most common and costly retirement mistake…
Image: Supplied VistaJet, the first and only global private aviation company within the Vista group, has become the first foreign operator authorised to offer flights within the Kingdom of Saudi Arabia. The agreement underscores VistaJet’s commitment to dedicate its services and expertise to support the strategic objectives of the Kingdom, aligned with the vision and implementation of the General Authority of Civil Aviation (GACA). Leveraging its fully-owned floating fleet, VistaJet is uniquely positioned to provide immediate private aviation services throughout the Kingdom while maintaining operational efficiency across its global operations. With the largest international fleet of Global 7500 aircraft, and…
Key Takeaways The “Costanza strategy,” buying stocks at market highs when they are most expensive, has delivered solid long-term returns.The lesson is that the amount of time in the market matters more than perfect timing.We also found that regular contributions to your investment account can outperform putting a lump sum into the market at a bad time. “Every instinct I have, in every aspect of life, be it something to wear, something to eat… It’s all been wrong,” actor Jason Alexander says as the character George Costanza in the classic 1994 Seinfeld episode “The Opposite”—a feeling many investors know all…
Key Takeaways Bank impersonation scams are surging because they trigger immediate panic responses and bypass normal skepticism.AI has eliminated traditional scam red flags like poor grammar, making fraudulent communications nearly indistinguishable from legitimate ones. AI is quickly transforming how scammers operate, as even cautious consumers are falling victim to increasingly sophisticated fraud schemes. Cyber fraud drove record losses of $16.6 billion in 2024, up 33% from 2023, and experts are ringing the alarm bells—anything to get our attention about the pervasive frauds coming through our phones and inboxes.. “Nobody is immune. It’s a little bit like driving a car—it doesn’t…
Image: Getty Images The Federal Authority for Government Human Resources (FAHR) has issued a special circular to all federal ministries and entities in the UAE regarding the “Back to School” policy. The initiative allows parents working in the federal government to accompany their children to schools and nurseries at the start of the new academic year. The circular aims “to support federal government employees by providing sufficient flexibility in the work environment in line with applicable directives and legislation, without affecting the workflow and provision of services, in accordance with the systems followed in each federal entity, and with the…
The UAE Ministry of Education (MoE), in collaboration with the UAE Government Media Office, recently held a comprehensive media briefing outlining its plans for the 2025–2026 academic year. Led by Minister of Education Sarah Al Amiri, the briefing showcased a series of transformative initiatives designed to elevate the national education system to new heights, strengthen student wellbeing, and deepen national identity. Since January, the ministry has been proactively preparing public schools across the Emirates to implement sweeping updates for the upcoming academic year. Al Amiri highlighted major reforms aimed at improving the educational experience through smarter assessment strategies and modernised…
Image credit: Fahid Island/Website In recent years, the UAE has rapidly emerged as a global hub in wellness-oriented luxury real estate. Blending high-end living with holistic well-being, the UAE, particularly Dubai and Abu Dhabi, is transforming its residential landscape by embedding health and fitness into the very core of its property developments. Read-Branded residences: Why Dubai dominates region’s market Across the country, master-planned communities are embracing a future where luxury meets longevity, and residents thrive in environments designed for physical vitality, mental wellness, and sustainable living. From sports-themed skyscrapers to nature-integrated island homes, the UAE is elevating the concept of…
Saudi Aramco has finalised an $11bn lease-and-leaseback agreement with a BlackRock-led consortium, enabling immediate capital infusion while retaining operational control of key gas midstream assets, the company said. Under the deal, a newly created entity — Jafurah Midstream Gas Company (JMGC) — will lease development and usage rights for the Jafurah Field Gas Plant and the Riyas NGL Fractionation Facility. JMGC will then lease the facilities back to Aramco for 20 years, during which it will receive tariff payments for exclusive processing and treatment rights of raw gas from Jafurah. Aramco to hold 51 per cent of JGMC Aramco will…
Image: Getty Images/ For illustrative purposes In an era where artificial intelligence (AI) is rapidly becoming ubiquitous, transforming how we access and verify information online, its role in specific sectors continues to evolve. At the height of the summer travel season, a new survey by global cybersecurity firm Kaspersky sheds light on how often people are leveraging AI for travel planning, and the extent to which tourists are prepared to entrust their trip details to intelligent algorithms. The findings present an interesting paradox: AI is widely used, highly satisfying for travel planning, yet still not a primary tool for most…
Image: Getty Images The Saudi Fund for Development (SFD) signed 17 development loan agreements with 13 countries during fiscal year 2024, with a total value of $987m (SAR3.7bn), supporting projects that drive sustainable development and reinforce the Kingdom’s role as a leading provider of international development assistance. According to SFD’s 2024 Annual Report, the financing included: $90m (SAR337.50m) across two loans in Africa, $307m (SAR1,147.50m) through five loans in Asia and the Pacific, $220m (SAR821.75m) for four loans in Europe, and $374m (SAR1,395m) for six loans in Latin America and the Caribbean. The 2024 agreements also marked the Fund’s expansion into…