Author: Arabian Media staff
Image: Dubai Media Office According to a statement issued by the Dubai Media Office, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, in his capacity as Chairman of The Executive Council of Dubai, has issued two new executive resolutions concerning senior appointments at the Dubai Land Department. Under Executive Council Resolution No. (48) of 2025, Majid Saqr Abdullah Al Marri has been appointed as the CEO of the Real Estate Registration Sector. Read: Dubai Land Department-RTA partnership In a parallel move, Executive Council Resolution No. (49) of 2025…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Singapore’s state investor Temasek has become more bearish on European companies over their exposure to a global trade downturn, just a year after opening a Paris office to great fanfare and promising to commit $19bn to the region.Rising trade tensions from US President Donald Trump’s tariffs have made Temasek fearful that the European companies it has previously targeted for investment will be among the worst affected.“There is a sense of elevated trade uncertainty, which could impact the growth trajectory” of Europe, said…
Image: Dubai Media Office Emirates has begun regular Airbus A350 operations to Dammam, marking the airline’s first destination in Saudi Arabia served by its latest-generation aircraft. The daily A350 flight, EK 827, departs Dubai at 7:30 am and arrives in Dammam at 7:50 am. The return leg, EK 828, leaves Dammam at 9:20 am and lands back in Dubai at 11:45 am. Configured in three classes, the Emirates A350 offers 312 seats – 32 in Business Class with lie-flat seats in a 1-2-1 layout, 21 in Premium Economy, and 259 in Economy. The aircraft has been designed for enhanced comfort…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.WPP, the London-based advertising agency searching for a new chief executive, has slashed its forecast for revenues and profits this year, blaming a “challenging economic backdrop”.The group said on Wednesday that like-for-like revenue in 2025 when removing pass-through costs — the fees paid to external suppliers — would decline by 3-5 per cent after poor trading in the first half of the year. This marks a sharp downgrade from its previous expectations of flat to down 2 per cent for the year.…
Stay informed with free updatesSimply sign up to the Property sector myFT Digest — delivered directly to your inbox.Seven of the UK’s biggest housebuilders have agreed to pay a total of £100mn after an investigation by the country’s competition regulator into information sharing between the companies. The Competition and Markets Authority said on Wednesday that the companies had offered to make the payments after it unearthed evidence last year that commercially sensitive information, including on prices, had been transmitted between companies. The seven housebuilders — Barratt Redrow, Bellway, Berkeley Group, Bloor Homes, Persimmon, Taylor Wimpey and Vistry — had “agreed…
It’s been exactly 90 days since US President Donald Trump paused most of his ‘reciprocal’ tariffs. With just a 10 per cent blanket tariff on all imports and a higher tariff on China, economists predicted the American economy would feel the heat pretty quickly. But the sky hasn’t fallen yet – the world’s largest economy is holding strong. The FT’s US economics editor Claire Jones explains why that is and when markets may start to feel the effects of Trump’s tariffs. Clips from CBS News, CNBC, TODAY- – – – – – – – – – – – – -…
The athleisure group is challenging public enthusiasm for ‘dupe’ products Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Indonesia’s big bet on nickel is at risk of turning sour, as plunging prices and a supply crunch of ore force refiners to reduce output and lay off workers.The country, which boasts the world’s largest nickel reserves, invested heavily to meet surging demand for the metal, which is critical to stainless steel and electric vehicle batteries.But the resulting swell of supply has sent nickel prices to five-year lows on the London Metal Exchange, hurting global competitors, and in recent months, Indonesia itself.…
The new property law is part of a broader strategy to stimulate economic growth while maintaining social and market balance The post Saudi’s property ownership law for foreigners: What you need to know about it appeared first on Gulf Business. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The cost of insuring vessels passing through the Red Sea has surged since Houthi militants resumed attacks on commercial vessels, threatening to disrupt global trade, according to the world’s largest insurance broker.Premiums charged for war risks in the stretch of water between Africa and Asia rose to as much as 1 per cent of the overall value of a ship by Tuesday, from a maximum 0.4 per cent before Sunday’s attack on a Greek-owned cargo ship.Marcus Baker, head of marine and cargo…