Author: Arabian Media staff

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Blackstone is poised to win a battle for Warehouse Reit, after the listed UK landlord said it would switch its shareholder recommendation to an offer from the US investment group over a rival bid from Tritax Big Box Reit.Warehouse Reit said on Friday it was changing its endorsement after Blackstone confirmed it would allow shareholders to receive a dividend from Warehouse, which will be paid this month. The latest Blackstone offer amounts to 115p cash a share and values Warehouse at about…

In a major step toward digital transformation, Sharjah Municipality (SM), in collaboration with the Sharjah Electricity, Water and Gas Authority (SEWA), has launched a new service that automatically attests lease contracts—eliminating the need for tenants to visit government offices or pay electricity deposits in advance. Read-Community living in Sharjah: Inside Alef’s next-gen developments The initiative is part of SM’s broader digital integration with government entities, aiming to streamline processes and enhance customer experience, a WAM report said. Faster processing through unified digital system Abdullah Al Shehhi, Director of the Rental Regulation Department, described the system as a “significant improvement” that…

In India, Jane Street fights accusations of market manipulation Source link

India is set to reach a record year in initial public offerings and Big Pharma is facing a wave of patent expiration dates. Plus, Meta goes to trial over who to hold accountable for corporate scandals. Mentioned in this podcast:India on track for record IPO yearThe looming ‘patent cliff’ facing Big Pharma Today’s FT News Briefing was produced by Sonja Hutson, Katya Kumcova, Henry Larson and Marc Filippino. Additional help from Kelly Garry, and Michael Lello. Our acting co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The show’s theme song is by Metaphor Music. Read a transcript…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldTrafigura, Mercuria, Glencore and IXM could reap bumper profits of more than $300mn after shipping record amounts of copper into the US ahead of tariffs on the metal.The commodity traders are at the forefront of a trend in which huge quantities of copper are being brought to the US, where a widening price gap with the international benchmark has created a lucrative arbitrage opportunity.US copper prices surged 13 per cent within minutes of President Donald Trump’s announcement on Tuesday that…

Petra Schirren, president of Ericsson Gulf at Ericsson Europe, Middle East and Africa Ericsson’s Gulf operations are doubling down on advanced 5G deployments, Fixed Wireless Access (FWA), and sustainability-driven network innovation as the region accelerates its digital transformation agenda, according to Petra Schirren, president of Ericsson Gulf at Ericsson Europe, Middle East and Africa. Marking her first 100 days in the role, Schirren told Gulf Business that she has focused on meeting customers, stakeholders and regulatory bodies across the region to better understand the opportunities and challenges shaping the GCC’s fast-evolving telecom landscape. “Even though I’ve been in the industry…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The author is chief executive of GTS, a market making and proprietary trading firmThe past few years have shown investors that they should expect the unexpected in geopolitics. Russia’s full-scale invasion of Ukraine and the widespread conflict in the Middle East were probably not the base-case forecasts for scenario planning for many.That experience underlines why policymakers, market participants and investors should treat seriously one of the biggest and long-standing geopolitical risks — an invasion of Taiwan by China — and prepare for…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Markets have mostly shrugged off Donald Trump’s threats of a 50 per cent tariff on Brazil. The country’s Ibovespa stock index was down only 0.5 per cent yesterday. The Brazilian real did take some heat, falling 2 per cent against the dollar after the US president’s…

A resurgent campaign by Yemen’s Houthi rebels against commercial ships in the Red Sea is set to deter many shipowners from returning to the key trade route without the promise of naval protection.The Iranian-backed militants, who control large areas of Yemen, have regrouped since a ceasefire with Washington in May ended a series of damaging US strikes on their positions and stockpiles. They are expected to continue their attacks after sinking two ships this week, said analysts and industry figures.The assault on one of the ships, the Liberian-flagged Eternity C cargo vessel, killed at least one person, the vessel’s manager…

Image: Supplied As Iraq accelerates its digital transformation, Zain Iraq is emerging as a key architect of this new future. From pioneering 5G readiness and network modernization to investing in youth empowerment, tech entrepreneurship, and eSports, the telecom giant is leveraging its capabilities and partnerships to redefine connectivity and innovation in the country. In this exclusive interview, Emre Gurkan, CEO of Zain Iraq, outlines the company’s strategic roadmap, the role of innovation and inclusion, and how public-private collaboration is shaping a digitally empowered Iraq. Iraq’s digital transformation is gaining momentum. How is Zain Iraq driving this journey forward? Iraq’s digital…