Author: Arabian Media staff

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EDF’s new boss is conducting a portfolio review that could lead to the French energy group selling some assets, as he seeks to meet government demands to focus on building new nuclear reactors in France.Bernard Fontana has told insiders that he wanted to assess which assets were not profitable or did not fit with the state-owned group’s strategic priorities, according to several people with knowledge of the situation.Fontana, who took over as chief executive of the state-owned group last month, told the…

Building wealth to become a millionaire can appear unattainable for many people. However, becoming a millionaire can be a reality. The six steps to making a million dollars include finding extra income through starting a side hustle online, a second job, or investing in yourself by learning new skills. Also, start saving early and invest your money to allow for compounding, while good spending habits and managing your debt can help you control unnecessary purchases. Read on to discover the six steps to making a million dollars. Key Takeaways Becoming a millionaire can be achieved even if you make a…

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. A scoop to start: European governments should buy equity in clean tech companies instead of handing out subsidies, the EU’s competition chief Teresa Ribera has told the Financial Times, while rejecting the “buy European” narrative pushed by some of her fellow commissioners.Today, I explain why Nato allies are petrified about what Donald Trump might decide today on the…

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters hereToday’s agenda: Israel-Iran truce; Russian shadow crypto payments; New York mayoral race; oil markets shrug off Middle East tumult; and St Paul’s Cathedral 350th year in picturesGood morning. We start with the Nato summit today, as world leaders gathered at The Hague brace themselves for Donald Trump. Here’s what to expect.What did Trump say? The US president has sparked alarm by telling reporters that Washington’s commitment…

Different corporate governance models have become increasingly scrutinized and analyzed as globalization takes hold in world markets. It has also become increasingly clear that corporate environments and structures can vary in substantive ways, even when business objectives are generally universal. Three dominant models exist in contemporary corporations: the Anglo-US model, the German model, and the Japanese model. In one sense, the differences between these systems can be seen in their focuses. The Anglo-US model is oriented toward the stock market, while the other two focus on the banking and credit markets. The Japanese model is the most concentrated and rigid,…

Image: Supplied Tawasul Transport, in collaboration with Al Maryah Community Bank (Mbank), has launched the first digital payment system in Abu Dhabi taxis using AE Coin, a stablecoin pegged to the UAE dirham. The initiative, carried out in coordination with the Integrated Transport Center (ITC), marks a global first in deploying a government-regulated stable digital currency for public transport fares. Passengers in Abu Dhabi can now use the AEC Wallet app to pay for taxi rides by scanning a QR code displayed inside the vehicle. The wallet, available on Apple Store, Google Play, and Huawei AppGallery, enables seamless transactions with…

One big event to start: We’re hosting the definitive event this autumn on private capital in London, where industry leaders will debate where the market’s headed, how to track down opportunities and what might be at risk of blowing up next. Want to be there? It’s invite-only, but as a DD subscriber, you can apply here to attend the summit on October 14.And a scoop: Two Wall Street asset managers have emerged as final bidders for Brighthouse Financial, a life insurer viewed as a crown jewel for firms looking to boost their profiles in the private credit industry.Welcome to Due…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For over a decade, the US has been waging its chip cold war with a familiar arsenal. Blacklists, export controls and extraterritorial rules — all staples of Washington’s well-worn playbook — were meant to deny China access to critical technologies and stall the ascent of its tech capabilities. The stall never came.In response, restrictions have grown increasingly severe. The US government is now weighing additional restrictions on China, including revoking waivers that allow global chipmakers to access US technology in their China-based…

Average Yearly Costs Compared to National Average Florida $3,682 + $2,199 Louisiana $3,310 + $1,827  New York $2,526 + $1,043  National $1,483 N/A Idaho $1,338 – $145 Iowa $1,218 – $265 Maine $1,035 – $448 Source: Liberty Mutual analysis of data from The Zebra High Costs Compel Some Drivers to Seek Short-Term Savings  Drivers are often aware of these fluctuations and the associated financial effects. “I moved from one of the least expensive states for total cost of car insurance to Florida, which is the most expensive state in the nation for insurance premiums and one of the lowest for…

Image: Getty Images/ For illustrative purposes Dubai attracted 8.68 million international visitors from January to May 2025, marking a 7 per cent increase compared to the same period in 2024, which recorded 8.12 million tourists, according to the latest data released by the Dubai Department of Economy and Tourism (DET). In May alone, the city welcomed 1.53 million international tourists, the Tourism Performance Report January – May 2025 showed. Western Europe was the leading source market, contributing 1.917 million visitors and accounting for 22 per cent of the total. Russia, the Commonwealth of Independent States (CIS) countries, and Eastern Europe…