Author: Arabian Media staff
Key Takeaways People in their 20s are at the bottom of the income ladder, but it can also be best time to start investing for retirement thanks to the power of compounding.Take part in your company’s 401(k) plan, and contribute at least enough to receive your company’s matching contribution.Further bolster your retirement savings by opening a Roth IRA and investing up to $7,000 per year. While retirement might be the last thing on your mind in your 20s—especially compared to more immediate goals like paying down student debt, traveling, and enjoying time with your friends—it’s also the best time to…
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Dubai Chamber of Digital Economy has revealed that it supported 308 high-potential digital startups to establish and grow their businesses in the emirate during the first half of 2025, marking a 39 per cent increase compared to the 221 companies supported in the same period last year. Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications and Chairman of Dubai Chamber of Digital Economy, said: “We are committed to developing an integrated digital business environment that provides the foundations for success for talents and digital companies, and supports their expansion from Dubai…
Earnings management is the use of accounting techniques to produce financial statements that present an overly positive view of a company’s business activities and financial position. This is done by deliberately manipulating a company’s financial statements to meet specific financial targets or portray a desired image of financial health. Earnings management takes advantage of how accounting rules are applied and creates financial statements that inflate or smooth earnings. Companies may use accounting practices like adjusting revenue recognition, altering expense timing, or restructuring costs to smooth earnings, meet analyst expectations, or influence stock prices. While some forms of earnings management are…
With inflation raising costs across the board, many people are feeling the pressure to make their money go further. While you can’t completely escape rising prices, cautious spending can result in big savings over the long run. “The biggest shift is in mindset,” said Jade Reynolds, a licensed insurance agent at Nest Insurance Services. “When you start to tie everyday spending to a bigger purpose—like saving for a house, building a business, or even just sleeping better at night with less financial stress—it becomes easier to say no to short-term splurges.” Key Takeaways Swapping out store-bought items for DIY fixes,…
Images: Supplied Ras Al Khaimah is undergoing one of the fastest property expansions in the UAE, backed by long-term planning under the vision of Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah. The emirate has seen property sales and prices climb sharply over the past three years as new hospitality, commercial and residential projects come online. Its population, currently about 400,000, is forecast to rise to 650,000 by 2030, creating demand for an estimated 45,000 additional homes. Global players such as Emaar, Aldar and Ellington have entered the market alongside domestic developers…
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Besides simply providing an easy way to pay, credit cards often grant cardholders rewards, helpful protections, and other functional features seldom available when you pay by cash or debit. For the ultra rich, however, credit cards take on another dimension. Certain cards—like the Amex Centurion, JP Morgan Reserve, Dubai First Royale Mastercard, and Coutts World Silk Card—are considered more exclusive than others, and they’re available only to high earners with ample assets. These cards are known for their luxe benefits and high (or nonexistent) spending limits, as well as customer service that’s a cut above the norm. Key Takeaways Credit…
TECOM Group has announced the appointment of Dr. Christoph Berentzen as chief financial officer (CFO), effective August 18, 2025. Dr. Berentzen brings more than 20 years of international experience in driving financial performance across real estate portfolios in Europe and the United States. Before joining TECOM Group, he served as CFO for Central Europe at Unibail-Rodamco-Westfield (URW), one of Europe’s largest commercial real estate groups. He has also held senior roles as CFO of Westfield LLC in the U.S. and Director of Finance for URW Germany, where he successfully oversaw multi-billion-dollar portfolios and led complex real estate transactions and financing…
Key Takeaways Tools like Claimable use AI to generate personalized appeal letters for denied health insurance claims.Claimable charges $40 per appeal regardless of the outcome, but free alternatives exist.Patient advocates recommend reviewing AI-generated appeals to catch errors. If your health insurance company has ever refused to cover a claim, you’re not alone. Nearly 20% of in-network claims are denied every year. Consumers appeal fewer than 1% of them. Now, a growing number of tools can help, using the power of artificial intelligence (AI). One startup company, Claimable, said it can generate custom appeals in under 30 minutes, helping cut the…