Author: Arabian Media staff
Image credit: Dubai Media Office/Website Following consultations and the approval of UAE President Sheikh Mohamed bin Zayed Al Nahyan, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, announced today several changes to the UAE government. Read-UAE unveils phase 2 of Zero Government Bureaucracy programme Sheikh Mohammed bin Rashid stated: “Following consultations with my brother, the President, and with his approval, we announce today the following changes to the UAE government: the establishment of a Ministry of Foreign Trade and the appointment of Dr Thani Al Zeyoudi as Minister of Foreign Trade, as well as…
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President Trump wants lower interest rates as two of his signature policy initiatives face looming deadlines. Source link
Stay informed with free updatesSimply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox.The war between Iran and Israel has driven European diesel and jet fuel prices to their highest levels in 15 months, as traders fret about potential disruptions to exports from the Middle East. Since hostilities flared last Friday, the premium for diesel over crude oil has surged by 60 per cent, while jet fuel has risen by 45 per cent, according to market pricing data from Argus. The rally reflects worries that any interruption to shipments from the Gulf, a…
In summer, Hollywood can still pretend to be itself. Beyond September, the long slog of the Oscar race now sees once all-powerful studios cast as also-rans. (The reigning Best Picture, Anora, was released by New York indie Neon.) Christmas, meanwhile, belongs to Netflix, the festive season delivering record new subscriptions: 19mn in Q4 2024. But when skies are blue, the studios relive lost glories. As if the 1980s had never ended, summer cinemas fill with the collective blockbusters of Warner Bros, Disney, Universal and Paramount. For a few sunshine weeks, their executives are more than mere punchlines in streaming hit The…
When Guy Hargreaves bought his mid-terrace house on the northern edge of Oxford in 2019, he knew he wanted to revamp it completely. The retired banker and engineer, originally from New Zealand, planned to extend the house and renovate it — but also transform its energy efficiency.Six years on, the once rundown property has not only become, according to Hargreaves, “a joy to live in” but, for around six months of the year, a net exporter of electricity from its rooftop solar panels.The project is a striking example of the potential for investment in a property to slash its energy…
Stay informed with free updatesSimply sign up to the Investments myFT Digest — delivered directly to your inbox.Nearly half of UK investors put their trust in social media, finfluencers and AI tools when making financial decisions, as unregulated sources continue to pull consumers away from professional advice.Two-fifths of UK investors have used social media to inform financial decisions over the past two years in spite of nearly 50 per cent of consumers expressing trust in financial advisers, new research from investment platform Fidelity International found.Just one in three investors who responded to Fidelity’s survey had used a professional qualified adviser…
There is a buzz around bitcoin. The world’s oldest and best-known cryptocurrency is trading close to record highs as enthusiastic investors bet on greater political and regulatory support from Donald Trump’s administration.The digital currency has climbed by more than 50 per cent since Trump’s election victory in November and has wiped out all the losses sustained when the US president threatened potentially damaging trade policies in April. Its increase of 20 per cent-plus since his tariff “liberation day” has outperformed gold and US stocks. Even war in the Middle East has failed to knock it off its perch above $100,000,…
Private equity-backed Premiership Rugby has “turned a big corner” after a financial crisis caused the collapse of three clubs, and is now focused on attracting international investment, according to its chief executive. The Premiership, English rugby union’s top professional league, started the 2022-23 season with 13 clubs but ended it with 10 as Wasps, Worcester Warriors and London Irish all fell into bankruptcy. Newcastle Falcons has been saved from a similar fate by a pending takeover by Austrian energy drinks brand Red Bull. A report by accountancy firm Leonard Curtis last year warned that high debts and persistent losses had…
One resident’s quest to find out why there so many dead birds in his building Source link