Author: Arabian Media staff
Images: Supplied Wynn Resorts has released the first official details and images of Enclave, an ultra-luxury concept within its upcoming Wynn Al Marjan Island integrated resort in Ras Al Khaimah. Slated to open in early 2027, Enclave is being positioned as a “destination within a destination,” offering elevated privacy, bespoke services, and curated luxury tailored to the region’s most sophisticated travelers. Located atop the resort’s 300-metre tower, Enclave will feature 299 suites across four configurations, including two expansive Royal Apartments spanning 1,500 sqm. Designed by Wynn Design & Development, in collaboration with famed design studios Anouska Hempel of London and…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BlackRock, Schroders and Fidelity International bought gilts during Wednesday’s sell-off, betting that the uncertainty over chancellor Rachel Reeves’ future would not trigger a deeper rout in UK government debt.Gilts and the pound sold off sharply after Sir Keir Starmer declined to give his full backing to his chancellor, as investors fretted that her departure could lead to a loosening of fiscal rules and increased borrowing. Ten-year yields climbed as high as 4.68 per cent on Wednesday, before recovering to 4.53 per cent…
Image: Supplied As Dubai gears up for its annual Dubai Summer Surprises (DSS) shopping festival, new data from Checkout.com reveals strong momentum in digital commerce, with sharp increases in online spending during the 2024 edition—and indicators of even stronger performance expected in 2025. According to the payment solutions provider, daily digital transactions in the UAE rose by 25 per cent year-on-year during DSS 2024. Consumers also spent more per transaction, with average ticket sizes increasing by 16 per cent. Checkout.com’s own UAE processing volumes surged 44 per cent year-on-year, reflecting greater consumer trust in digital payments and a shift toward online-first…
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersHowdy ya’ll from Texas, and welcome to Energy Source.Today, I’ll be focusing on why US oil producers, largely those here in Texas, refuse to turn on the spigots and drill more oil despite the recent price surge touched off by the Middle East conflict. The Lone Star state is critical in the energy world because its largest field, the Permian Basin in West Texas, accounts…
“When my former husband passes, I will qualify for widow’s benefits.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sir Christopher Hohn’s activist hedge fund TCI has risen 21 per cent so far this year, according to two people who have seen the numbers, as bets on jet engine manufacturer GE Aerospace, Visa and Microsoft came good. The gains for The Children’s Investment Fund, which manages just over $70bn in assets, are more than triple the returns of the US S&P 500 index, and reinforce Hohn’s status as one of the world’s most successful equity hedge fund managers. TCI has held…
Swift V-shaped equity market recoveries usually deliver more gains according to Truist’s Lerner Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDonald Trump and Volodymyr Zelenskyy are expected to discuss the abrupt halt in some key US weapons deliveries to Kyiv in a call on Friday, according to people familiar with the planning, who said the Ukrainian president will also raise potential future arms sales. Ukraine summoned a senior US diplomat on Wednesday after it was caught off guard by the Pentagon’s decision to stop delivering several advanced weapons systems. Zelenskyy has been lobbying to buy US Patriot defence missiles, including…
Lawyer who defended Jared Kushner and Bill Clinton has ‘never been as concerned’ Source link
This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersHow much money does Ukraine need? I ask the question because the IMF has just dropped the report for the eighth review of its financial support programme for Kyiv. But I really ask it because the answers one chooses to give — read on for mine — cast light on much wider questions of economics and of war. Share your thoughts with us at…