Author: Arabian Media staff
Jefferies cools on Starbucks, expects the stock to grind lower Source link
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Image: Saudi Press Agency Diriyah Company has awarded a contract worth SAR5.75bn (Dhs5.62bn) to the branch of China Harbour Engineering Company Ltd. for the construction of the Arena Block in Diriyah, Saudi. The development includes the Diriyah Arena, three mixed-use office buildings, and a multi-level parking facility. According to a press release issued by the company, the Diriyah Arena will feature a gross floor area of approximately 74,000 square metres. Designed as a flexible and scalable venue, it is intended to host a wide range of events including concerts, sporting tournaments, esports competitions, exhibitions, and live shows. With a seating…
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Hi everyone, this is Lauly, waving hello from drizzly Tokyo, where I am on a short business trip.It’s been a while since I last visited this vibrant city. That was in spring 2023, shortly after the lifting of Covid quarantine controls. We had a company team-building event that almost every overseas correspondent attended. We took a dinner cruise on a traditional boat in Tokyo Bay and later sang karaoke. Touching down in Haneda Airport yesterday reminded me how joyful it is to see colleagues that you work closely with despite living far away.I am hosting this week’s #TechAsia from Tokyo…
Stay informed with free updatesSimply sign up to the UK employment myFT Digest — delivered directly to your inbox.UK payroll employment fell for the fifth consecutive month in June and wage growth slowed, in the latest sign that the government’s tax rises, a higher minimum wage and the US trade war are hitting the jobs market. Employers cut the number of payrolled staff by 25,000 between April and May, the Office for National Statistics said on Thursday, revising its previous estimate of a 109,000 drop. Early estimates for June showed a further 41,000 decline, leaving payrolled employment down by 178,000 or…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EasyJet has warned that “worsening” air traffic control delays and a rise in fuel prices will hit its full-year profits, even as it reported strong demand for travel this summer. The low-cost airline on Thursday said it expected to take a £25mn hit from the two headwinds in its current financial year, which runs to the end of September. The EU has warned that airline delays could be at their worst ever this summer as understaffed air traffic controllers battle strikes, wildfires…
In a strategic initiative to expand life insurance coverage across the UAE, Salama, one of the world’s largest and longest-established providers of Shariah-compliant Takaful solutions, has announced a partnership with Policybazaar.ae, a leading regulated digital insurance broker in the UAE. The collaboration aims to make Salama’s Life Takaful products more accessible through Policybazaar.ae’s digital platform, in full compliance with local regulatory standards. Rakesh Sudhakaran, chief commercial officer, Salama stated: “At Salama, we’ve always been at the forefront of Takaful innovation, committed to ethical and forward-thinking financial solutions that support the long-term wellbeing of families in the UAE. Our strategic partnership…
Taiwan Semiconductor Manufacturing Co., the contract manufacturer for companies including Nvidia and Apple, on Thursday said its profit surged in the second quarter due to artificial-intelligence demand. Source link
Image: AI generated/ For illustrative purposes only Dubai has issued a new decree (No 31 of 2025) granting Emirati government staff in the emirate 10 working days of fully paid marriage leave. The new directive — signed off by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai — aims to support psychological and family stability while enhancing work–life balance. It covers UAE Nationals working in Dubai government entities, including agencies overseeing special development zones and free zones. It also applies to judicial and military personnel, excluding cadets. Key highlights linked…