Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Stablecoins are pretty cool in theory. They promise near-to-instant transfers of any value across any border, at transaction costs that could be far below what’s currently charged. Smart contracts might take the counterparty risk out of escrow and look useful for stuff like subscriptions, insurance and sports betting. And since everything happens in realtime on a public blockchain, there’s full transparency.In practice, in the more than 10 years since their invention, stablecoins have carved out a few real-world niches but have not…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldShari Redstone sold out her journalists — has she thrown her shareholders under the bus too? Paramount Global, the media group she chairs, said on Wednesday it would pay US President Donald Trump $16mn to settle claims that its news show 60 Minutes harmed him during the 2024 election by editing an interview of his Democratic opponent Kamala Harris.Freedom of the press is as American as apple pie. Nonetheless, fighting with Trump could be expensive and punitive. In that sense,…
Image credit: Dubai Media Office/Website In a move to enhance operational efficiency and embrace cutting-edge technology, flydubai has partnered with emaratech, a leading UAE-based tech company, to roll out smart border control solutions for its pilots and cabin crew. Read-Extra baggage room: flydubai to expand onboard luggage space The new biometric smart gates have been installed at the airline’s Airport Operations Centre and are designed to streamline immigration processes through advanced facial recognition, AI-powered verification, and real-time data integration. This technology provides a faster, more secure, and paperless experience for crew members reporting for duty. Seamless travel experience through smart…
Attendees at the Gulf Business Awards 2024- File photo The Gulf Business Awards, the region’s premier platform for recognising excellence and innovation across industries, is back. Scheduled for September 24, 2025, in Dubai, this prestigious event will once again honour the companies and individuals shaping the Gulf’s economic and business landscape. For nominations, click hereFor more information, click here Now in its 13th year, the Gulf Business Awards continues to celebrate innovation, resilience, leadership, and impact across sectors ranging from banking and real estate to healthcare, technology, and tourism. File photo Honoring the best and brightest in business The 2025…
The U.S. added a decent 147,000 jobs in June that pointed to resilience in the labor market, but the pace of hiring has slowed since last year as businesses grapple with trade wars and an immigration crackdown. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The US economy added 147,000 jobs in June, blasting through expectations, as the American labour market shrugged off uncertainty over Donald Trump’s trade and immigration policies. Thursday’s figure from the Bureau of Labor Statistics was ahead of both the 144,000 posts added in May and the 110,000 predicted by economists polled by Bloomberg.The unexpectedly strong figures will ease pressure on the US Federal Reserve to cut interest rates, despite Trump’s repeated calls for the central bank to do so.Fed chair Jay Powell said…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Guaranty Trust Holding Company, the parent of Nigeria’s biggest bank by market value, will list in London after selling $100mn in shares to investors, as lenders rush to complete the country’s largest bank recapitalisation in decades.Segun Agbaje, GTCO’s chief executive, told the Financial Times that a sale launched on Monday would meet a central bank target for all banks to raise capital by March next year, as the Nigerian economy recovers from a series of currency devaluations.Lagos-listed GTCO, which has a market…
Amazon.com, Alphabet, Meta Platforms and Microsoft are just a few tech giants making use of carbon credits. Source link
Stay informed with free updatesSimply sign up to the Technology myFT Digest — delivered directly to your inbox.It’s every manager’s worst nightmare: hiring a remote employee who turns out to be a North Korean hacker intent on loading malware on to your network. But that’s what happened to the US cyber security company KnowBe4 last year, as the company’s founder, Stu Sjouwerman, described in a candid blog post. KnowBe4 had posted a job ad for an AI software engineer, interviewed candidates by video, conducted background checks, verified references and made an offer. But soon after the company sent a Mac workstation…
Stay informed with free updatesSimply sign up to the Airlines myFT Digest — delivered directly to your inbox.A two-day strike by air traffic controllers in France began on Thursday, disrupting flights across Europe and causing widespread delays for passengers as summer holiday season begins across the continent.French air traffic controllers called for increased staffing and better conditions from France’s civil aviation general directorate (DGAC), the body in charge of airport security and airspace.To respond to the disruption, the DGAC has asked airline companies to cancel a quarter of flights at Paris airports on Thursday and 40 per cent on Friday.…