Author: Arabian Media staff
Chinese exporters are reconsidering investment in offshore factories as US tariffs on alternative hubs and new restrictions on “transshipment” force a sweeping rethink of supply chains in Asia.Manufacturers have poured billions of dollars into south-east Asia in recent years as part of a “China plus one” strategy to minimise their exposure to US tariffs in the wake of Trump’s first trade war with Beijing. But the US has slashed additional duties on Chinese goods to 30 per cent amid trade talks with Beijing, and imposed tariffs ranging from 10 to 40 per cent on other countries in the region.For the most…
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Image: Supplied International Holding Company (IHC) and RIQ, an AI-native reinsurance platform, announced a 10-year strategic partnership, anchored by a target of more than $500m in reinsurance premiums. RIQ, which was launched earlier this year in Abu Dhabi by IHC in partnership with BlackRock and Lunate, will provide a full suite of reinsurance solutions to IHC and its group companies. The platform is designed to offer capital-efficient coverage for complex specialty and property and casualty (P&C) risks using AI-augmented underwriting. The partnership aims to enhance the resilience and operational agility of IHC’s companies and aligns with Abu Dhabi’s goal to…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is co-founder and chief investment strategist at Absolute Strategy ResearchDonald Trump sees “tariffs” as the most beautiful word in the dictionary. Investors should not see them so benignly.US stocks have rallied since the shock of President Trump’s “liberation day” announcement of bigger than expected tariff increases. Initially, this reflected the pause in their implementation. But stocks have continued to rise, even as bilateral deals between the US and its trading partners have confirmed tariff increases. Strong earnings and economic data…
Dubai’s Roads and Transport Authority (RTA) has opened a new 800-metre tunnel featuring four lanes in each direction, as part of its efforts to ease congestion and improve traffic flow on Umm Suqeim Street. The tunnel is a central component of the Umm Suqeim Street Development Project, stretching from the intersection with Al Khail Road to the junction with Sheikh Mohammed bin Zayed Road. Read-Relief for Dubai drivers: Ras Al Khor traffic cut by 54% with new exit The upgraded road network is expected to benefit more than one million residents across key communities including Al Barsha South 1, 2…
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Image: Supplied Giorgio Armani and RAK Properties have partnered to launch Armani Beach Residences Ras Al Khaimah, featuring the world’s first Armani-branded villas. The exclusive development, located on Raha Island within the Mina district, will include a limited collection of beach villas and luxury apartments. Each residence is designed to offer direct private beach access and views across the Arabian Gulf. Villas to be designed by Giorgio Armani Giorgio Armani and his team of architects designed the residences, drawing inspiration from his personal homes. The project coincides with the 25th anniversary of Armani/Casa and the 50th anniversary of the Giorgio…
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Images: Supplied If you live in the UAE, chances are your phone has several loyalty apps. From groceries and gas to dining and fashion, there’s a rewards programme for nearly everything. It’s a sign of just how fast the loyalty space has grown. But somewhere between collecting points at the pharmacy and earning cashback at the cinema, these questions keep coming up: are these programmes driving real loyalty and do customers actually see their value? According to Adyen UAE Retail Report 2025, which draws on insights from a local survey, 55 per cent of shoppers say loyalty programmes often ask…
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