Author: Arabian Media staff
Abu Dhabi’s International Holding Company (IHC) reported a 31.1 per cent rise in revenue for H1 2025, reaching Dhs54.7bn, with net profit climbing to Dhs10.8bn, driven by strong portfolio performance, disciplined investments, and a standout second quarter. The second quarter was among the group’s strongest, with revenue up 22.5 per cent year-on-year to Dhs27.5bn and net profit rising 55.3 per cent to Dhs6.7bn. “Our H1 2025 results reflect the continued strength of IHC’s diversified model and the disciplined execution of our strategic investment agenda,” said Syed Basar Shueb, CEO of IHC. “By delivering outstanding portfolio performance and enhancing operating leverage,…
Milad Monshipour, the founder and CEO of AIR/Image: Supplied Milad Monshipour, the founder and CEO of AIR (AI Realtor), is no stranger to disrupting established sectors. After leading mobility app TAPSI to a historic IPO, he has now set his sights on real estate. With AIR, he is introducing an AI-native brokerage model, designed not just to digitalise, but to fundamentally restructure how property transactions work in one of the world’s most dynamic real estate markets: Dubai. “Unlike surface-level system integrations that merely layer AI-based features onto traditional systems, AIR is AI-native,” says Monshipour. “It has been designed from the…
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The chipmaker sets September-quarter guidance above Wall Street’s expectations but doesn’t factor in a restart of China sales Source link
An ETF that tracks stocks in India is struggling to rebound from its recent losing streak, after President Trump imposed 25% tariffs on the country — and then threatened even steeper levies. Source link
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U.S. stocks have stumbled since the start of August, and a number of Wall Street strategists are warning that this might be just a taste of a deeper selloff ahead. Source link
Many people downsize their living situation to simplify their lives when they retire. But your home isn’t the only thing you can downsize, and it isn’t even the only thing you can sell. Consider some of the ways you can de-clutter your home, streamline your financial portfolio, reduce your living expenses, and even make some extra cash to enjoy after retiring. Key Takeaways Planning where you’ll live and whether to downsize your home is one of the biggest factors in planning for retirement. You can clear out the clutter and make extra cash by selling possessions you’ll no longer need…