Author: Arabian Media staff

What Are Tariffs? Tariffs are a type of trade barrier that make imported products more expensive than domestic products. Tariffs typically come in the form of taxes or duties levied on importers, and they’re eventually passed on to consumers. They’re commonly used in international trade as a protectionist measure. For example, in August 2025, President Trump implemented a 35% tariff on imports from Canada as part of his sweeping tariff reforms, in addition to a 10% tariff on energy resources. Tariffs are also in place or being negotiated for other countries. This article will examine how some countries react to a…

GOOG vs. GOOGL: An Overview GOOG and GOOGL are stock ticker symbols for Alphabet, Google’s parent company. The main difference between the GOOG and GOOGL symbols is that GOOG shares (Class C) have no voting rights, while GOOGL shares (Class A) do. The company created a new class of nonvoting stock in April 2014 and issued a Class C share for each Class A share previously held by shareholders. Anyone who held A shares at the time of the split received an equal number of C shares, but their voting power did not increase. The stock split enabled founders Sergey…

If you are divorced, you may be eligible to collect Social Security benefits based on the earnings of your ex-spouse. Whether you can or not depends on a number of factors, including how long you were married and your age. If you were married for 10 years or more to that spouse and your ex-spouse worked and paid into Social Security, you may be able to collect benefits if you’re also over age 62. Key Takeaways A divorced spouse may be eligible to collect Social Security benefits based on the former spouse’s work record.The marriage must have lasted for at…

For rental property owners, understanding depreciation is an important consideration for maximizing tax benefits and maintaining compliance with Internal Revenue Service (IRS) regulations. This tax deduction allows property owners to account for the wear and tear on their investment over time, potentially saving thousands of dollars annually in tax liability. However, working through the complexities of rental property depreciation requires careful attention to the rules and reporting requirements. Key Takeaways Property owners use depreciation to deduct certain costs of a rental property over its useful life.Eligibility for depreciation requires the property to be owned, used for income, and have a…

Greatest Investors: An Overview The world’s most successful investors have used widely different approaches to build their fortunes. Value investor Benjamin Graham looked for underpriced companies with strong balance sheets, while George Soros made bold bets on global economic trends. Peter Lynch suggested investors stick to companies and industries they understand firsthand. While these investing giants followed different paths, they share common traits: thorough research, emotional discipline, and staying focused on long-term results rather than short-term market swings. Their strategies have generated remarkable personal wealth and created maps for ordinary investors to build their own portfolios. Key Takeaways The world’s…

Key Takeaways Annuities offer steady income and tax-deferred growth but often have high fees and limited investment options. Stocks can diversify your portfolio and provide substantial growth potential. Investors with low risk tolerance who want predictable income may prefer annuities. Investors with a longer time horizon and higher risk tolerance may benefit more from stocks. As retirement approaches, people and financial advisors don’t always see eye to eye on where to invest a lump sum: 64% of people ages 45–75 would invest $100,000 in an annuity rather than the stock market.62% of financial advisors recommend investing the money in stocks…

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Image: Supplied RAK Properties reported an 80 per cent rise in its H1 net profit, driven by higher sales and continued development at its Mina flagship development. The UAE-based developer posted net profit of Dhs160.6m ($43.7m) for the six months to June 30, up from Dhs89.06m a year earlier. Revenue for the period was Dhs774.79m. RAK Properties H1: Key highlights Sales value more than doubled to Dhs1.41bn from Dhs703m last year, supported by a 59 per cent increase in the number of units sold to 788. The company’s development backlog rose 42 per cent to Dhs2.62bn. Operating profit increased 47…

The 2025 Entrepreneurship World Cup (EWC) has kicked off in Saudi Arabia with unprecedented global participation, receiving more than 10,000 project submissions from entrepreneurs across 169 countries — double last year’s total. The global finals will take place in Riyadh, hosted by Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at), in partnership with the Mohammed bin Salman Foundation (Misk) and the Global Entrepreneurship Network (GEN). The event highlights the Kingdom’s growing reputation as an international hub for innovation and entrepreneurial ventures. 2025 Entrepreneurship World Cup in Riyadh, Saudi Arabia The competition showcases a broad spectrum of solutions to global…

With the electric vehicle credit expiring in less than two months, now is the time to buy an electric car. You’ll have until Sept. 30, 2025 to receive a federal tax credit for buying an electric vehicle. Until then, you can receive a tax credit of $7,500 for a new electric vehicle or $4,000 for a used electric car.With a tax credit, your tax bill is reduced dollar-for-dollar by a certain amount. The Trump administration’s recent tax legislation, the One Big Beautiful Bill, is phasing out the tax credits, which had been set to run until 2032. “Car prices are…