Author: Arabian Media staff

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.British production of the Eurofighter Typhoon combat aircraft has ground to a halt because of a dearth of new orders, sparking fears of a loss of critical aerospace industry skills in the UK.The Typhoon has for decades been assembled at BAE Systems’ sprawling factory in Warton, Lancashire. Work on the final assembly line, however, has now wound down as the factory prepares to deliver the last Typhoon jet for Qatar under a £5bn order placed in 2017.“There is one jet in the…

Image: Getty Images/ For illustrative purposes Once known primarily for its oil wealth and gleaming skyscrapers, the UAE is now carving out a new global identity as a magnet for digital nomads, according to a report published by the state news agency WAM. Rising to second place globally in the 2025 VisaGuide Digital Nomad Visa Index, the UAE has become one of the world’s most attractive destinations for remote workers, trailing only Spain and leapfrogging previous contenders such as the Bahamas, Hungary, and Montenegro. This quiet but steady ascent reflects a broader strategy by the UAE to diversify its economy…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A Reform UK MP has suspended himself from the party over allegations that he received £70,000 of government loans during the coronavirus pandemic. James McMurdock removed the whip from himself, leaving Nigel Farage’s rightwing populist party with just four MPs in the House of Commons. On Saturday the Sunday Times reported allegations that McMurdock, the MP for South Basildon and East Thurrock and a former banker, borrowed tens of thousands of pounds under the government’s Bounce Back loans scheme in 2020 through two companies…

“Scamfluencers” are a new breed of social media personality that leverages their perceived credibility, expertise, or popularity to orchestrate sophisticated scams, often targeting thousands of followers at once. They pose as everything from investment gurus to health experts, and they’re very successful—Americans reported losing $1.9 billion to social media scams in 2024. Adewale Adeife, a cybersecurity consultant at EY, told Investopedia, “Scamfluencers merge their online popularity with advanced deception techniques, making them especially dangerous.” Below, we’ll discuss how to spot scamfluencers and protect yourself from their schemes. Key Takeaways Scamfluencers use social media influence to deceive followers for personal gain, often…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Octopus Energy is planning to demerge its technology arm Kraken Technologies, creating a standalone entity that could be valued at up to $10bn.The UK-based energy supplier is set to separate from the business following rapid growth over the past few years, according to people familiar with the matter.  Octopus Energy was founded in 2015, in part to prove the Kraken technology, and is now the UK’s largest household energy supplier, overtaking Centrica’s British Gas this year. Investment banks have been invited to pitch for…

New tariffs are making some investors nervous, and if you’re close to retirement, you might be wondering: Should I make a move now, or just ride this out?  Rising prices, market swings, and uncertainty about what’s next have led some retirees to consider Roth conversions, big purchases, or portfolio shifts. But financial experts say your next step depends less on the news and more on your plan. So, what financial moves might make sense right now? When is it smarter to hold steady? Here’s why doing nothing at all can sometimes be the best decision. Key Takeaways Tariffs may drive…

If you use a mobile or digital wallet on your smartphone or other device, you might have installed a virtual private network (VPN) to protect it. However, while a VPN can obscure your digital information, it’s not enough to keep your digital wallet safe. Key Takeaways A VPN doesn’t protect a digital wallet against phishing scams, malware, and theft—thieves can keep spending even if you cancel your card. Protect your digital wallet: use strong security, monitor accounts for fraudulent activity, avoid unsecured WiFi, and never send or accept payments from unknown sources. Be prepared to lock and wipe your device…

Tariffs, market volatility and war in the Middle East couldn’t slow down the buying spree by individual investors, as they traded a record amount of stocks in the first half of the year. Source link

Kashim Chowdhury, a civil servant in London, was charged with “cheating” on his job and summoned into court in April 2025. His alleged crime was “polygamous working.” He’d been holding down three full-time government jobs at the same time and was sharing his time, efforts, and dedication among them. Chowdhury has denied the charges. This situation isn’t unique to the U.K. Polygamous workers are operating worldwide, juggling more than one full-time job without informing their employers that they’re doing so. The practice has also been referred to as being “over-employed.”  Key Takeaways “Polygamous working” is the act of an employee…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dealmaking slumped in the second quarter to the lowest level in a decade, excluding the early months of the pandemic, as Donald Trump’s “liberation day” tariffs extended a run of uncertainty that has forced dealmakers to pull back from all but the largest takeovers.The total number of deals announced in the three months to June 30 fell to about 10,900, according to data from the London Stock Exchange Group. Excluding the second quarter of 2022, when Covid-19 lockdowns upended global markets and…