Author: Arabian Media staff

Image credit: Getty Images Motorists in Dubai can now benefit from new flexible parking subscription packages introduced by Parkin UAE, designed to simplify and enhance the parking experience across the city. Download the app to explore subscription options near you or check our website: https://t.co/aMiBSulWHI #Parkin #Dubai #ParkinSubscription pic.twitter.com/3caqtOlmhc — ParkinUAE (@ParkinUAE) May 19, 2025 The announcement with regards to this was made on ParkinUAE official X account. Read-New update on Dubai’s variable parking tariff policy; see details The new subscription plans cover a wide range of parking options, including roadside spaces, public plots, and designated areas within private developments.…

Read More

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EU capitals have agreed to launch a €150bn loans-for-arms fund backed by the bloc’s shared budget, in a landmark shift for Brussels spurred by Russia’s war against Ukraine and US President Donald Trump’s demands for Europe to spend more on its own security.The initiative, which will allow EU countries to borrow from Brussels and spend on weapons systems and platforms through joint procurement, was proposed by the European Commission earlier this year as a means to speed up the continent’s rearmament.It also…

Read More

London and Brussels have agreed a historic post-Brexit reset of relations that Prime Minister Sir Keir Starmer said would be worth £9bn to the UK but which drew instant criticism for keeping British fishing grounds open to EU boats for 12 more years.The concession on fishing opened the way for a wide-ranging deal including a security and defence pact and the promised removal of much red tape for British farm exports to the EU.The agreement was scheduled to be unveiled at a London summit on Monday, the first between the two sides since the UK left the bloc in 2020.Britain…

Read More

Market Economy vs. Command Economy: Overview Market economies and command economies are opposing systems of economic production. The primary difference is in who controls the factors of production and sets the prices for the products. In a command economy, the government controls the factors of production such as land, labor, and capital. The government determines what products will be produced and what prices will be set for them. In a market economy, businesses are privately owned, and their decisions on what to produce are based on the profit motive. Prices are set according to the law of supply and demand.…

Read More

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Former England football captain Gary Lineker has been forced to leave his highly paid presenting role at the BBC following a row over an allegedly antisemitic social media post last week. Lineker’s exit has been agreed “by mutual consent”, according to people with knowledge of the situation, which means he will depart the broadcaster without a pay-off. He is the BBC’s highest-paid presenter, earning £1.4mn a year.Lineker confirmed the decision on Monday, saying in a statement: “I would never consciously repost anything antisemitic…

Read More

This article is an on-site version of our Trade Secrets newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersHello and welcome to Trade Secrets. Future generations of game theorists are going to find rich pickings in governments’ manoeuvrings around Donald Trump’s wrongly named “reciprocal tariffs”, which were imposed on April 2 and a week later suspended supposedly for 90 days pending negotiations. The UK and China have so far made deals that might generously be described as preliminary sketches, improbably assuming they do…

Read More

There was a time when most people passed their assets to future generations by simply leaving a will. However, that document doesn’t cover all aspects you should consider for a modern estate plan. A legacy plan can ensure that all you’ve worked for isn’t gone within a year or two due to mismanagement and overspending. In addition, it can resolve other issues that a will alone cannot. “Research has shown that an inheritance is often divided among the next generation, each child’s share is dumped in their lap, and all the money’s dissipated in a year or two, whether by…

Read More