Author: Arabian Media staff
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Key Takeaways Annual cruise ship retirement costs range from about $100,000 for budget options to $200,000 or more for luxury options, depending on cabin type and cruise line choice. Expenses like drinks, shopping, casino spending, and upgraded dining can significantly increase your budget beyond the base room and board costs. Forget images of Florida condos and Arizona golf courses—some retirees are trading traditional retirement for a permanent life at sea. But before you start packing your bags for shuffleboard, endless buffets, and permanent ocean views, you’ll need to assess the financial reality of a cruise ship retirement. Alvin Carlos, a…
Suddenly being laid off from a job is a shock to your life and to your finances. But there are key things you can do to protect yourself. “Being laid off is never easy. The loss of income, daily structure, and sense of stability can be deeply unsettling. And yet, there are several immediate steps people can take to regain control and protect their financial future during this difficult transition,” said Trevor Ausen, a certified financial planner and founder of Authentic Life Financial Planning. Here are seven things to do to protect your finances after a layoff. Review a Severance…
In late 2016, Warren Buffett started what would become the most profitable investment in his legendary career. Through his company, Berkshire Hathaway Corp. (BRK.A), he began accumulating shares in Apple Inc. (AAPL), first buying about $1 billion worth and soon accumulating another $39 billion. When BRK.A started selling about half of its Apple holdings, the shares were worth over $150 billion. While the tech giant might seem an unlikely choice for an investor famous for avoiding technology stocks, it illustrates the principles that have made Buffett one of history’s most successful investors. Key Takeaways Buffett’s Apple investment demonstrates his complete…
Image: Getty Images/ For illustrative purposes Emirates NBD, one of the largest banking groups in the Middle East, North Africa and Türkiye, said customer trades on its zero-transaction-fee local equities platform have surpassed Dhs5bn in the 12 months since it launched. The initiative, introduced on August 26, 2024, allows investors to trade UAE-listed equities commission-free via the bank’s digital wealth platform ENBD X. The bank said more than 300,000 commission-free trades have been executed on the Dubai Financial Market (DFM), Abu Dhabi Securities Exchange (ADX) and Nasdaq Dubai since launch, with access to over 150 UAE-listed equities. The mobile banking…
Image: Supplied Imagine learning from a professor who’s available 24/7, speaks your language, and adapts to your learning style. At Imperial College London’s IDEA Lab, that vision is already a reality, thanks to a video-based, AI platform that enables natural, intuitive chat with AI agents, now changing how students engage with complex topics. Across the Middle East, similar immersive technologies are being embraced not as novelties but as a new foundation for delivering education. The shift is already underway. When Dubai announced artificial intelligence would become a mandatory school subject in the UAE starting in 2025, it wasn’t simply a…
Haitham Mattar is the MD for IHG Hotels & Resorts Middle East, Africa and Southwest Asia. (Supplied) Haitham Mattar has seen the hospitality industry from every angle. He started as a dishwasher in Atlanta, rose through the ranks of global hotel giants, and today leads IHG Hotels & Resorts across the Middle East, Africa and Southwest Asia as its managing director. But beyond the impressive career journey, Mattar is on a mission to reshape regional tourism and inspire the next generation. “I’ve been in hospitality for over 30 years,” he tells Gulf Business. “I actually stepped away for a while…
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
The International Monetary Fund (IMF) is an international organization that provides financial assistance and advice to member countries. This article will discuss the main functions of the IMF, which has become integral to the development of financial markets worldwide and the growth of developing countries. Key Takeaways The IMF came into existence in 1944. Along with the World Bank, it was created to bring financial stability to the world following World War II.The IMF is funded by quota subscriptions. Member states pay according to the size of their economy, and voting rights are based on this quota.Special Drawing Rights (SDRs)…