Author: Arabian Media staff
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Americans spend almost as much eating out every year as they owe in student debt. Source link
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Credit card issuers are raising the annual fees on their premium products, to the tune of hundreds of dollars. Chase, most notably, upped the yearly charge for its popular Sapphire Reserve from $550 to $795 in June 2025, but it’s not the only issuer with increasingly pricey plastic. Learn more about the recent fee increases and how to determine when a high annual fee is worth it. Key Takeaways Premium travel credit cards are inching closer to costing cardholders $1,000 a year, with the Chase Sapphire Reserve now charging a $795 annual fee as of publication. These cards offer robust benefits,…
“‘I am married, live in Texas and have no debt other than a mortgage of about $2,200 a month.” Source link
Better earnings and a steadily high multiple should boost stocks, says Morgan Stanley. Source link
Citrini Research warns of market similarities between now and 1998, when markets saw a summer swoon. Source link
Image: Getty Images/ For illustrative purposes Abu Dhabi-based artificial intelligence firm Presight has signed a strategic cooperation agreement with the Abu Dhabi Police General Headquarters to develop and deploy advanced AI technologies for policing and public safety. The partnership aims to integrate Presight’s AI-Policing Suite – a modular system featuring generative AI, AI agents and data analytics – with the operational systems of Abu Dhabi Police. The goal is to enhance crime prevention, improve emergency response, and lay the groundwork for AI-enabled smart cities. “This collaboration supports our efforts to maintain public safety through innovation,” said major general and engineer…
Image: Getty Images Abu Dhabi’s real estate sector posted a robust performance in the first half of 2025, recording a 39 per cent surge in total transaction value year-on-year. According to figures released by the Abu Dhabi Real Estate Centre (ADREC), transaction value rose to Dhs51.72bn, up from Dhs37.2bn during the same period in 2024. The market witnessed a 12 per cent rise in the number of transactions, reaching 14,167 deals—driven by increased activity in sales, purchases, and mortgages. The value of sales and purchase deals grew 32 per cent to Dhs32.69bn across 7,964 transactions. Meanwhile, mortgage transactions saw an…