Author: Arabian Media staff

Image credit: Dubai Media Office/Website Dubai Police has unveiled the latest addition to its renowned fleet of luxury patrol vehicles, the high-performance Audi RS7 Performance. The move is part of the force’s ongoing efforts to enhance public safety, embrace cutting-edge technologies, and maintain a world-class presence in key tourist areas. Read-Dubai Police to the rescue: Dhs1.1m diamonds returned after bag mix-up at airport The unveiling took place at the Museum of the Future, one of Dubai’s most iconic landmarks. The ceremony was led by Major General Eid Muhammad Thani, Assistant Commander-in-Chief for Criminal Investigation Affairs, alongside Major General Rashid Al Falasi,…

Image credit: Supplied Abu Dhabi’s real estate market is witnessing unprecedented momentum in 2025, with Al Reem Island emerging as the standout performer in both investment and lifestyle offerings. According to MERED, the international award-winning real estate developer, Al Reem Island recorded a remarkable 38 per cent year-on-year increase in off-plan property weighted average prices during Q2 2025. Read-Why Abu Dhabi is the new hotspot for homebuyers These figures, based on extensive transaction data from Quanta, underscore the island’s appeal as a premium investment destination. In comparison, Khalifa City and Jubail Island saw notable, though more modest, price increases of…

Adult children are moving back home and they could be draining their parents’ retirement savings. A recent study from Thrivent shows that 46% of adults ages 18 to 35 have moved back in with their parents. Nearly two in five (38%) of boomerang parents who have had their children move back home say financially supporting their adult children has affected their retirement savings. “When you’re supporting children, the typical analogy is to put your oxygen mask on first, and then help others. You need to make sure that any help you give will not derail your comfort and security,” said Justin Pritchard,…

You may have noticed that, lately, your online shopping packages are arriving a little earlier—or later—than expected. Why? As of April 1, 2025, the U.S. Postal Service (USPS) is rolling out sweeping changes to its delivery standards, part of a 10-year overhaul known as Delivering for America. While some customers may see faster mail service, others—especially in rural areas—may experience slower delivery. The bottom line? USPS wants to cut costs and stabilize operations, but that could mean trade-offs for everyday consumers. Key Takeaways USPS is updating delivery timelines for several mail types, aiming to save $36 billion over 10 years.About…

Key Takeaways Meta reportedly offered bonuses as high as $100 million to OpenAI staff amid an AI hiring war. Top analysts caution that the surging spending on AI talent may signal we’re nearing the peak of market euphoria. For investors, the safest bet if you’re looking to gain some AI exposure may just be sticking with the tech titans funding the fight. When Sam Altman said Meta was offering $100 million bonuses to poach OpenAI employees, he wasn’t exaggerating. In fact, some of the world’s biggest tech firms are now shelling out massive compensation packages to secure top AI scientists,…

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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…