Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The boss of insurer Allianz has warned that Germany risks becoming the “sick man of Europe” and predicted its social security system could collapse within a decade unless the government cuts spending.At Allianz’s annual media briefing on Wednesday, Oliver Bäte said: “We’re back to where we were in 1997 . . . when Germany was called the sick man of Europe.” He added that while unemployment remained well below the 5mn mark of the time, the country faces mounting risks mainly from unsustainable growth in healthcare…
Bayut, UAE’s property portal, has released its analysis of search and pricing trends in Abu Dhabi’s real estate market for the first half of 2025. The data highlights the capital’s continued momentum as a stable and high-return investment destination, supported by infrastructure development and investor-focused government policies. Property buying trends in Abu Dhabi Abu Dhabi’s real estate market has shown resilience and strong growth in the first half of 2025, attracting investors across segments: Affordable properties: Buyers looking for budget-friendly options focused on areas like Al Reef, Al Ghadeer, Khalifa City, and Al Shamkha. Mid-tier interest: Al Reem Island, Masdar…
Image credit: Supplied Artificial intelligence is at the heart of the UAE’s government modernisation agenda. AI is projected to contribute nearly 14 per cent of the UAE’s GDP by 2030, according to global estimates, and the nation is acting swiftly to unlock its full potential. The following six areas exemplify how the UAE government is already putting AI to work to reshape public services. Read-Careem enhances grocery shopping with AI-based list-to-cart tool 1. Virtual assistants for round-the-clock public support AI-powered virtual assistants are increasingly present on government platforms, handling a wide range of citizen queries. These bots use natural language…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Diageo’s board is planning to replace chief executive Debra Crew in an effort to revive the embattled spirits group, after falling alcohol sales and waning investor confidence battered its share price. The board of the company behind Johnnie Walker and Guinness is searching for a new chief executive to lead a turnaround, according to people familiar with the matter.Chief financial officer Nik Jhangiani, who has quickly won over some major investors since joining Diageo last September, is a potential candidate to step…
Stay informed with free updatesSimply sign up to the Pharmaceuticals sector myFT Digest — delivered directly to your inbox.Johnson & Johnson has shrugged off the impact of tariffs as the US-based healthcare group raised its earnings and sales guidance for 2025. J&J, which warned of $400mn in duty costs following President Donald Trump’s “liberation day” tariffs announcement in April, said on Wednesday that second-quarter sales increased to $23.7bn year-on-year, above the $22.8bn forecast by analysts. The drug and medical equipment maker increased its adjusted sales growth forecast for 2025 from 2-3 per cent to 3.2-3.7 per cent on Wednesday as…
Stay informed with free updatesSimply sign up to the Retail & Consumer industry myFT Digest — delivered directly to your inbox.Embarrassment is a powerful emotion in dogs as it is in humans. Baskerville, our family pet, returned from the vet on Monday last week wearing a “cone of shame” — a plastic collar that stops an animal from licking a wound.His expression was that of a dashing cavalry officer busted down to the ranks for falling off his horse drunk during The Trooping of the Colour. His big, brown eyes asked: “Why has my previously perfect life suddenly gone so…
Image: Getty Image/Illustrative purpose. The National Center of Meteorology (NCM) has issued a weather alert for dusty conditions across parts of the UAE, warning that southeasterly winds are carrying dust over some coastal and inland areas. According to the official statement, “Suspended dust with southeasterly winds over some coastal and internal areas [is] reducing the horizontal visibility to less than 2000 m from 08:45 until 17:00 Wednesday 16/07/2025.” The conditions are expected to affect visibility and outdoor operations, particularly in sectors such as logistics, construction, and facilities management. Businesses are advised to take necessary precautions to protect outdoor workers, adjust…
NFL star Josh Allen is selling his California bachelor pad for $8.5 million, just weeks after he and actress Hailee Steinfeld tied the knot. Source link
Imade: Dubai Media Office Emirates has expanded its Emirates Courier Express service into Australia, reinforcing its commitment to transforming the cross-border delivery landscape. The move comes just months after the service was first launched and is designed to provide businesses and consumers with a faster, more reliable, and flexible logistics solution. Emirates Courier Express shipments will now be delivered directly into four major Australian cities: Brisbane, Melbourne, Perth, and Sydney. With 70 weekly passenger flights already operating to and from these locations, the service offers exceptional connectivity to Europe and the Middle East. Emirates aims to provide one of the…
“Our annual income is $140,000. We are both on Medicare.” Source link