Author: Arabian Media staff

Sustainability-focused brands are switching from forever chemicals to eco-friendly alternatives for waterproofing activewear Source link

Image: RTA/ X Dubai’s Roads and Transport Authority (RTA) has completed three traffic improvement projects in the Business Bay area, aimed at enhancing traffic flow and road safety in the mixed-use district. The enhancements are part of a broader plan to develop the emirate’s road network infrastructure and improve efficiency to accommodate population growth and urban expansion. The newly completed works are expected to lead to smoother traffic flow, increased safety, and reduced travel times. The Business Bay traffic upgrades include… … a street running parallel to Sheikh Zayed Road was converted from a two-lane, two-way configuration into a one-way…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bill Winters took charge of Standard Chartered a decade ago this month. Back then, the London-listed lender was battling concerns about high costs, weak capital levels, regulatory problems, anaemic growth in core markets and a stubbornly low share price. In some respects, not much has changed. StanChart’s underlying cost-to- income ratio in 2024 was the same as in 2014. Its share price has risen just 20 per cent since Winters became CEO and was below his starting point as recently as April. The…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Money is clever, weird stuff. While entirely abstract, it also reifies our social power structure. It’s a form of memory, a way to organise strangers, and a utilitarian means by which the value to society of incommensurable things is plutocratically triangulated. More than that, it’s the stuff we use to pay the window cleaner.Being a social substance, money is constantly evolving — from giant stone discs, to digital payments. Are stablecoins the next phase? According to the BIS, no. Or rather, NO! 🤬🤬🤬…

The billionaire Bridgewater founder shares his ideas on debt crises and how to predict them Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a former global head of equity capital markets at Bank of America and is now a managing director at Seda ExpertsSometimes a capital markets deal exposes the machinery of political power. The Italian government’s sale of Monte dei Paschi di Siena shares in November — which raised some €1.1bn — shows that while European governments want to trim their holdings in major banks, they are far less eager to give up control.The Financial Times has reported that the European…

This article is an on-site version of our Europe Express newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday and fortnightly on Saturday morning. Standard subscribers can upgrade to Premium here, or explore all FT newslettersGood morning. Nato leaders weathered the Trump storm yesterday, with the US president departing The Hague after what he called a “tremendous” summit that saw allies pledge to jack up defence spending to 5 per cent of GDP. Now comes the hard part of actually paying up.Today, many of those same leaders will reassemble in Brussels for an EU summit…

Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldAt least the Soviet Union only produced one “Sputnik moment”, when the launch of its orbiting satellite in 1957 administered a galvanising shock to the US scientific and defence establishment. America’s current superpower rival, China, is claiming them on a regular basis, the launch of the DeepSeek AI large language models being one among several. But for an array of green technologies, notably batteries and electric vehicles, the US seems content to shrug and let China win.The green spending in…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Investors are pushing for South Africa’s government to endorse a plan by its central bank to cut its inflation target for the first time this century, in the hopes it will permanently lower the borrowing costs of Africa’s most industrialised nation.Portfolio managers said a rally in South African bonds and the rand in recent weeks has partly reflected bets that the country’s treasury will sign off by early next year on lowering the South African Reserve Bank’s official inflation target to 3 per…

One scoop to start: Private equity-backed software group Visma has chosen London over Amsterdam for the planned initial public offering next year of the €19bn company, scoring a rare win for the UK’s beleaguered stock market.And another thing: A mediator has suggested Paramount pay Donald Trump about $20mn to settle the US president’s lawsuit against CBS News as the two sides inch closer to a deal.Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance. This article is an on-site version of the newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday…