Author: Arabian Media staff

Image credit: justintimberlake/Instagram Grammy-winning singer and actor Justin Timberlake has revealed he has been living with Lyme disease, a debilitating illness that he says impacted his recent global tour but also gave him a deeper appreciation for his career and fans. Timberlake joins a growing list of celebrities who have publicly battled the disease, including Justin Bieber, Avril Lavigne, Bella Hadid, Yolanda Hadid, Ben Stiller, Shania Twain, Alec Baldwin, Amy Schumer, and Debbie Gibson. The 44-year-old pop icon shared his diagnosis in a heartfelt post on Instagram on Thursday, just after concluding his Forget Tomorrow world tour, which spanned more…

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Imagine if the headlines in your news feed also came with a live price tag—one that ticks up when new polls favor a candidate or down if a star quarterback tweaks an ankle. That’s the premise of prediction markets, exchanges where you can trade “Yes/No” outcome contracts on a range of future events.   These markets span from betting-style platforms to federally-regulated event contracts that trade like traditional investment options. How Prediction Markets Work In a prediction market, every contract lists a verifiable question—e.g., “Will Movie X open this weekend with a gross above $100 million?”—along with a settlement date and…

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Most new investors sabotage their own success before they even get started—not through bad luck, but through predictable mistakes that you can easily avoid. Whether it’s jumping into hot stock tips without research, putting off investing because retirement seems too far away, or forgetting that taxes and fees can silently erode your returns, these common pitfalls can cost you thousands of dollars and years of potential growth. Below, we’ll help you sidestep these traps. Key Takeaways Make sure you identify your goals, timelines, and risk tolerance before investing so you avoid emotional decisions that hurt your returns. A key mistake…

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Image credit: Getty Images US President Donald Trump’s latest wave of tariffs on exports from dozens of trading partners, including Canada, Brazil, India and Taiwan, sent global markets tumbling on Friday as countries pushed for talks to clinch better deals. Trump’s new tariff rates include a 35 per cent duty on many goods from Canada, 50 per cent for Brazil, 25 per cent for India, 20 per cent for Taiwan and 39 per cent for Switzerland. Read-Trump jets into Saudi, UAE and Qatar with trillion-dollar investment ambitions The presidential order listed higher import duty rates of 10 per cent to…

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Image: UAE Central Bank The Central Bank of the UAE (CBUAE) has imposed a financial sanction of Dhs10.7m on an exchange house for failing to comply with anti-money laundering and counter-terrorism financing (AML/CFT) regulations, as well as sanctions obligations. The action was taken under Article (14) of Federal Decree Law No. (20) of 2018 on Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations, following an examination by the CBUAE that revealed significant compliance failures. In a statement, the CBUAE reaffirmed its commitment to maintaining the transparency and integrity of the exchange house sector. The regulator emphasised its…

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