Author: Arabian Media staff
Image courtesy: WAM/ For illustrative purposes The US Federal Reserve on Wednesday maintained its benchmark federal funds rate target range at 4.25 to 4.5 per cent, citing signs of moderating economic activity in H1 2025 while noting that inflation remains “somewhat elevated”. The Federal Open Market Committee (FOMC) reiterated its commitment to achieving maximum employment and 2 per cent inflation over the longer run. The committee acknowledged that “uncertainty about the economic outlook remains elevated” and stated it is “attentive to the risks to both sides of its dual mandate”. In its statement, the FOMC noted that while swings in…
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Image: Supplied Recently, Dalands, in partnership with Marriott International and supported by Marjan, the master developer of freehold property in Ras Al Khaimah, announced the signing of W Residences Al Marjan Island. Scheduled to open in Q4 2027, this development will be co-located with the W Al Marjan Island hotel, blending vibrant hospitality with elevated residential living on one of the UAE’s iconic beachfront destinations. This project marks a new phase in Dalands’ expansion in the UAE, building on its track record in boutique resorts and luxury residences. In this interview, Saurabh Gupta, CEO of Dalands Holding, discusses how branded…
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Image courtesy: WAM/ For illustrative purposes The UAE’s non-oil foreign trade reached a record Dhs1.7tn ($470.3bn) in H1 2025, a 24 per cent increase from the same period in 2024, according to a tweet from Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Sheikh Mohammed stated that this growth was double the figure achieved in the first half of 2021 and represents an “unprecedented boom” with historic growth rates of 59.5 per cent and 37.8 per cent compared to H1 2022 and 2023, respectively. Sheikh Mohammed attributed the success to…
Kaspersky researchers have flagged a new scam campaign targeting cryptocurrency users by abusing the legitimacy of Google Forms. Here’s what you need to know: 1. The scam starts with a fake Google Forms confirmation Attackers are using Google Forms – a free tool typically used for surveys – to trigger automated confirmation emails. These emails appear to come from Google itself, tricking users into thinking they’ve received a legitimate crypto transaction alert. The form usually includes only one field: the user’s email address. The phishing emails are carefully designed to look like alerts from a cryptocurrency exchange. They mention a…
Meta’s heavy AI spending is boosting ad revenue — and the company is only getting more profitable in the process. Source link
Design-software company Figma Inc. priced its initial public offering at $33 a share late Wednesday, raising more than $1.2 billion. Source link
Arm said it’s exploring ways to expand its business, but investors seem focused on the chip-design company’s lukewarm outlook. Source link
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