Author: Arabian Media staff
Hubpay, a leading UAE-based FX platform, announced the launch of its digital business accounts that aim to smooth the corporate onboarding journey for thousands of businesses. The company said the initiative is also aimed at increasing UAE’s global trade with over 85 countries. The UAE is currently home to over 557,000 SME businesses, with a target to grow that number to over 1 million by 2030. The Hubpay Business Account brings a new solution to the market that is designed to reduce the business account processing time, which can currently take up to 3 months, causing critical delays in SMEs’…
UnitedHealth is also dealing with government pressure on drug prices and a vow to “knock out” drug middlemen. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThere was no mistaking the mood in the Senate room in Washington last Thursday as politicians and tech bosses debated artificial intelligence. The consensus was that it was essential for the US to deregulate and accelerate investment in order to outrun China in the latest technological arms race. Europe, meanwhile, was ridiculed as an AI also-ran having hobbled itself with “stifling” regulations.Lobbing a softball to the tech executives, Republican Senator Ted Cruz asked: how harmful would it be if the…
Traditionally, new businesses would need to set up a brick-and-mortar shop in the middle of their city to start making sales. But the world has changed significantly since then, with more avenues than ever available for launching a brand. One such avenue is the TikTok shop, which can be incredibly successful for some brands but also difficult to understand. Here, I will discuss how businesses can thrive on TikTok Shop in 2025 and successfully grow their brand. Short on time? Here are the key takeaways Promote urgency: Try to capture your audience’s attention before they decide to swipe and move…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Europe needs less regulation and a better industrial strategy to sustain car manufacturing in the face of the “very clear direction” set by Donald Trump’s administration and growing Chinese competition, the chiefs of Stellantis and Renault have warned.“Europe needs to decide what it wants to do in terms of its industrial policy,” Stellantis chair John Elkann told the FT’s Future of the Car summit on Thursday. “Does it want to be a [bloc] that builds cars or [one that] buys cars? That’s…
What Is Short Selling? Short selling is a strategy that makes money when a stock falls in price. It is also called “going short” or “shorting.” This is an advanced strategy that only experienced traders should try. An investor borrows a stock, sells it, and then buys the stock back to return it to the lender. Short sellers hope that the stock they’re shorting will drop, so they can buy it back at a lower price and return it to the lender. The profit is the difference in price between when the investor borrowed the stock and when they returned it. Key…
Image: Supplied Two years into his role as CEO of AlUla Development Company, Fabien Toscano reflects on the journey of transforming one of Saudi Arabia’s most treasured cultural destinations into a global tourism and hospitality hub. As the company unveils new projects like NUMAJ in collaboration with Marriott and aligns with Vision 2030’s ambitions, Toscano shares how the team is balancing development with preservation, empowering local communities, and embracing environmentally-sensitive design to welcome two million annual visitors by 2035 — without compromising AlUla’s unique spirit. It’s been two years since the launch of AlUla Development Company. How would you describe…
UAE-based venture builder Disrupt.com announced a $100 million commitment to build and back AI-first technology ventures globally. The firm’s $100 million commitment targets five strategic sectors: artificial intelligence as a cross-cutting theme, plus cybersecurity, Web 3.0, automotive technology, and retail innovation. The company said it primarily targets pre-seed to Series A stage startups that demonstrate strong organic growth potential and clear paths to profitability. The announcement comes as regional funding has declined sharply, with MENA venture capital investment down 29 per cent to just under $2 billion in 2024, according to Magnitt. Global AI venture funding Disrupt.com said its current…
Coinbase said customer passwords and private keys were protected by its systems, and “at no time were any of the targeted contractors or employees able to access customer funds.” Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Aviva boss Amanda Blanc has defended the insurer’s £3.7bn swoop for Direct Line, insisting it would not harm competition, after UK regulators launched a probe into the deal this week. The Competition and Markets Authority said on Wednesday that it was probing the takeover, with the combined group expected to control about a fifth of the UK motor and home insurance markets. But Blanc insisted on Thursday that the deal would not harm consumers. “Customers will speak with their feet, because there…