Author: Arabian Media staff
Key Takeaways Buying a home can cost hundreds more per month than renting in today’s interest rate environment. Many homeowners overlook hidden costs like maintenance, taxes, and insurance. Renting can preserve liquidity, provide flexibility, and offer a better return if you invest the difference. For years, owning a home has been a core tenet of the American Dream. But in 2025’s high-interest, high-cost housing market, renting may actually be the more financially sound choice, at least for some time and especially if you don’t plan to stay long or aren’t yet financially secure. When Renting Actually Beats Buying (The Math…
Preparations for cloud seeding during the winter season in the UAE are coming into sharp focus, as the country continues to strengthen its state-of-the-art meteorological capabilities. Earlier this month, H.H. Sheikh Mansour bin Zayed Al Nahyan, vice president, deputy prime minister, and chairman of the Presidential Court, visited the National Centre of Meteorology (NCM) headquarters in Abu Dhabi. He was briefed on the centre’s advanced infrastructure, including weather forecasting units, cloud seeding systems, marine monitoring operations, and renewable energy forecasting sections (WAM). READ MORE – PHOTOS: Flying with UAE cloud seeding pilots The NCM’s work is underpinned by one of…
Key Takeaways: The GENIUS Act, a law aiming to regulate stablecoins, was recently signed into law. In response, major retailers like Amazon and Walmart are exploring their own stablecoins. Companies like PayPal have already launched their own. These currencies might offer rewards, savings, and yields from digital wallets. Experts are concerned that digital retailer wallets will result in less financial freedom and decreased data protection for consumers. Imagine going to the mall and spending a different currency at every store. This future might be closer than you think, thanks to a new law that makes it easier for companies like…
Key Takeaways Choosing a budget-friendly gym and running outdoors can provide the same health benefits as a luxury gym at a fraction of the cost. Meal prepping at home significantly reduces food expenses, with homemade meals costing about $4 each compared to $15 for lunch out. Small, consistent savings from fitness and food choices can add up to over $2,500 annually. Investing those savings—whether in a high-yield savings account or the stock market—can generate hundreds of dollars in returns over time. Smart budgeting doesn’t mean deprivation; it’s about prioritizing spending on what truly matters and cutting back on unnecessary expenses.…
EFG Holding, a financial institution with a universal bank in Egypt and the leading investment bank in the Middle East and North Africa (MENA), reported a 21 per cent year-on-year (YoY) revenue increase in Q2 2025 to EGP6.1bn, supported by strong results across all business lines—particularly EFG Finance, its non-bank financial institutions (NBFI) platform, and Bank NXT, its commercial bank. Total operating expenses, including provisions and expected credit losses (ECL), rose 22 per cent YoY to EGP4.1bn, driven by higher provisions—mainly in EFG Finance—and increased general and administrative (G&A) costs, while employee expenses remained flat. With revenue growth outpacing expense…
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Image: Supplied UAE-based AI-powered fintech and financial services group Zand has signed a strategic agreement with Mastercard to enhance cross-border payment solutions using Mastercard Move’s money movement technology. The partnership will enable Zand to offer seamless, secure and efficient cross-border money transfers to its customers. In the first phase, Zand will provide deposits into bank accounts and wallets in multiple markets, along with cash pick-up services through Mastercard Move’s capabilities. The collaboration is aimed at advancing the digital economy, driving innovation and expanding financial inclusion in the region’s financial services sector. Zand-Mastercard collab to build financial inclusion “At Mastercard, we…
Thomas Friswell/Image: Supplied UAE-based integrated facilities management provider, Emrill, has promoted Thomas Friswell to support services director, appointing him to the company’s executive leadership team. In his new role, Friswell will lead key divisions, including Emrill Interiors and Heights, and oversee transport, accommodation, continuous improvement, business development, and the company’s Centre of Excellence. He will focus on strengthening integration across departments to advance Emrill’s strategic and operational goals. Since joining the company three years ago, Friswell has shown adaptability and a strong results-driven approach. As associate director, he took on additional responsibilities, contributing to operational growth and enhanced service delivery.…
Image: WHX Tech Website WHX Tech, Informa’s dedicated platform for advancing digital health in the region, has announced an exclusive addition to its upcoming 2025 edition—a Certified Professional in Healthcare Information and Management Systems (CPHIMS®) Bootcamp and Exam in partnership with HIMSS. Taking place from 8–10 September 2025 at Dubai World Trade Centre, WHX Tech brings together the region’s most influential digital health leaders, technology innovators, and healthcare decision-makers. The launch of the CPHIMS programme further reinforces WHX Tech’s commitment to transforming the healthcare landscape by investing in professional development and future-ready skills. The CPHIMS certification is an internationally recognised…
Image: Supplied Meraki Developers has announced the on-schedule handover of The Haven, a flagship residential community in Majan, Dubailand, reaffirming the company’s commitment to delivering high-quality homes on time. Designed to maximise living spaces with elegant, warm aesthetics, The Haven appeals to a diverse mix of residents, from young professionals to families. Conceived as a modern urban retreat, The Haven combines contemporary architecture with a serene community setting. The development features spacious layouts, premium interior finishes, and an array of lifestyle amenities including wellness facilities, co-working spaces, separate adult and kids’ swimming pools, solar-powered parking, a party hall, recreation lounge,…