Author: Arabian Media staff
The “slacker” generation is jaded and anxious once more. Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Federal Reserve policymakers’ aims to curb inflation while maximising employment are “pulling them in diametrically different directions” as Donald Trump’s trade war upends the economic outlook, the head of Fidelity’s $2.3tn fixed income business has said. Robin Foley told the Financial Times that the US central bank’s “inflation fighting is all well and good, but employment still remains to be seen”. She added that the central bank was in a “tough spot”.Foley’s comments come as the Fed has this year paused a…
Implementing AI in customer service can transform how businesses interact with their customers by enhancing efficiency, personalization, and scalability. There are a multitude of different AI strategies you can use, from chatbots for instant responses, sentiment analysis for emotional insight, data analytics for actionable insights, predictive support, and personalization engines – AI offers practical ways to improve customer satisfaction and streamline support efforts. Key Takeaways Starting with one or two AI tools can help you see measurable benefits quickly while gradually integrating additional AI capabilities will continue to improve your customer service operations. Using AI solutions, businesses can meet customer…
The direct cost margin indicates the portion of each revenue dollar that is retained as profit after accounting for only those expenses incurred for the production of goods and services. Expressed as a percentage, it is calculated by taking the difference between the revenue generated by the sale of goods or services and the sum of all direct costs associated with the production of those goods, divided by the revenue generated by these goods or services. Key Takeaways The direct cost margin is the percentage of revenue left after a company pays for the expenses related to the production of goods and…
Dubai has seen an increasing number of professionals exploring the opportunity to start their own businesses while maintaining full-time employment. However, according to legal experts, this dual path comes with legal complexities and that require careful navigation. “The entrepreneurial landscape in Dubai is incredibly vibrant, but there’s a critical need for employees to understand the legal framework before embarking on their business ventures,” explained Derek Robbins, Associate at BSA Global in an exclusive interview with Arabian Business. Robbins highlighted the presence of intricate legal considerations that aspiring entrepreneurs must consider while maintaining their primary employment. A recent report by the…
Michael Burry’s Scion Asset Management made some major changes to its portfolio during the first quarter, according to a filing with the SEC released on Thursday. Source link
Hong Kong has been stepping up its attempts to become Asia’s prime hub for trading digital assets, including a series of new regulations to achieve its ambition of attracting global investors. The move comes as competition from the US and other countries in the Asia-Pacific region, led by Singapore, intensifies.Law practices in the Chinese territory have been supporting lenders in the rollout of pioneering products, including digital bonds and tokenised gold, that are designed to grab the territory a slice of this global digital asset market with an estimated market capitalisation of $3tn.“Hong Kong wants to make itself a digital…
If you’re looking to transform your Instagram account into a sales powerhouse, you’re in the right place. Instagramers upload up to 500 million posts DAILY. It has evolved over the years from a simple photo and video-sharing tool to a powerful marketing tool and has a significant impact on its users’ buying behavior and how businesses can target their audience. 90% of users follow a brand on Instagram, 83% have discovered a product/service from Instagram. And 80% have made a purchase based on a product or service they discovered on the platform. So, if you are a small business owner…
Federal and state governments have a myriad of agencies in place that regulate and oversee financial markets and companies. These agencies each have a specific range of duties and responsibilities that enable them to act independently of each other while they work to accomplish similar objectives. Although opinions vary on the efficiency, effectiveness, and even the need for some of these agencies, they were each designed with specific goals and will most likely be around for some time. With that in mind, the following article is a review of many of the regulatory bodies active in the U.S. financial sector. Key…
This represents an increase of 120 per cent compared to 2023, underlining Dubai’s growing appeal among entrepreneurs and startups specialising in key digital sectors. The chamber also trained 1,333 Emiratis in the fundamentals of mobile application development in 2024, achieving growth of 170 per cent compared to the previous year. Digital startups in Dubai The training was completed as part of the “Create Apps in Dubai” initiative, launched by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister and Minister of Defence of the UAE, which aims to train and qualify 1,000 Emiratis…