Author: Arabian Media staff

Traveling as a group isn’t for everyone, but many people enjoy it, and some wouldn’t go any other way. Besides offering readymade companionship, it can sometimes lead to substantial discounts. So if you’re looking for a way to save on your next summer vacation, joining a group—or even forming your own—could be the route for you. Here is what you need to know to enjoy the perks and bypass the pitfalls. Key Takeaways Traveling in a group can result in savings and other benefits. You can join a tour group run by a travel operator or form your own group…

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Nearly 25% of the $1.6 trillion federal student loan portfolio could default in the near future, considering that nearly 10 million borrowers were over 90 days delinquent as of April 2025. Given that the U.S. Department of Education restarted collections on student loan defaults in May, and many borrowers are already facing tighter budgets, the broader economy could suffer long-term consequences if millions of workers have their wages garnished. Key Takeaways A federal student loan is considered to be in default if a payment hasn’t been made for at least 270 days after the due date.Mass student loan defaults could…

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Stay informed with free updatesSimply sign up to the Renewable energy myFT Digest — delivered directly to your inbox.A consortium led by Saudi utilities giant ACWA Power is to invest $8.3bn to build 15 gigawatts of solar and wind farms in the kingdom as it accelerates its push into renewables.ACWA Power, owned by the country’s sovereign wealth fund, is joined by Aramco Power, part of Saudi Aramco, in the consortium that has signed power purchase agreements with the state-owned electricity buyer to build five solar and two wind projects in four regions across the kingdom.The deals mark a significant step…

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Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.US investors are relaunching a key Ukrainian grain export terminal after wresting control from alleged looters, in a test of Kyiv’s ability to attract capital to rebuild its economy in its fourth year of war.US-based funds Argentem Creek Partners and Innovatus Capital Partners have taken over the Olimpex terminal in the port of Odesa, after securing victory in a saga of alleged loan fraud that underlines the challenges of reviving international investment in wartime Ukraine.Sustained Russian attacks on infrastructure and fading…

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