Author: Arabian Media staff
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe US Senate has voted down a proposed 10-year ban on states regulating artificial intelligence models, ending a controversial plan supported by Big Tech companies.Senators voted by a margin of 99 to one in favour of an amendment to remove the wording from Donald Trump’s flagship tax and spending legislation.The vote in the early hours of Tuesday morning came as part of a wider marathon voting session in the Senate over the US president’s “big, beautiful bill”.Proponents, including Big Tech…
“It hasn’t stopped.” Source link
Drake is once again trying to offload his Beverly Hills pad—two years after he first put the over-the-top abode on the market with an asking price of $88 million. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Macquarie has agreed to inject up to £1.2bn of fresh equity into Southern Water as part of a deal that will result in the debt owed to its holding company lenders being cut by more than half. As part of the deal Macquarie, Southern’s owner, has committed to invest £655mn of equity initially into the utility — which provides water and sewerage services to 4.7mn customers in the south-east of England. The Australian investor intends to provide a minimum of £245mn in…
The mercurial North Hollywood home of the woman behind mega hits like Earth Wind & Fire’s “Boogie Wonderland,” the “Friends” theme tune has been listed for sale. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Cancer drugs can vary sharply in the genetic damage they cause to healthy blood, scientists have found, in a landmark study that reveals potential new paths to choosing treatments with fewer harmful long-term side effectsThe research suggests DNA analysis could one day be important to identify medicines with a lower risk of causing adverse outcomes such as secondary tumours or organ damage, especially for children.“We are constantly on the lookout for better ways of giving therapy and minimising the side effects of…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Eurozone inflation hit 2 per cent in June, rising back up to the European Central Bank’s medium-term target.June’s annual inflation reading was an increase from May’s figure of 1.9 per cent and in line with economists’ expectations in a Reuters poll.The ECB has halved rates to 2 per cent since last summer but is expected to hold borrowing costs steady at its next meeting, with investors pricing in one more quarter-point cut later this year.President Christine Lagarde last month said that the…
Disagreements between Musk and Trump have broken out again, placing Tesla shares in the spotlight. Source link
Image: Aldar Aldar Investment has acquired warehousing and light industrial assets from Waha Capital for Dhs530m, adding 182,500 square metres of net leasable area (NLA) to its growing logistics portfolio. The freehold assets are located within ALMARKAZ Industrial Park in the Al Dhafra region of Abu Dhabi. The acquisition strengthens Aldar’s presence in the UAE’s logistics sector, with the newly added assets benefiting from near-full occupancy and a diverse mix of international, regional, and government-related tenants. ALMARKAZ, a six million square metre industrial and business park developed by Waha Land — a wholly owned subsidiary of Waha Capital — enjoys…
Air Arabia, the Middle East and North Africa’s first and largest low-cost carrier, has announced the resumption of direct flights between Sharjah and Damascus, beginning July 10, 2025. The airline will operate the route with double daily flights, providing direct connectivity between Sharjah International Airport and Damascus International Airport, according to a report by WAM. Read-Flying soon? Air Arabia just introduced a smarter way to pay The move underscores Air Arabia’s continued commitment to enhancing regional connectivity and offering value-driven travel options between the UAE and Syria. “We are pleased to resume flights between Sharjah and Damascus after many years,…