Author: Arabian Media staff
Images: Supplied ORA Developers has established a new UAE headquarters at One Central in Dubai’s central business district, reinforcing its commitment to regional growth under the leadership of chairman and CEO Naguib Sawiris. The announcement coincides with the developer’s UAE debut project: Bayn, a 4.8 million sqm beachfront master-planned community in Ghantoot. Featuring 1.2 km of natural Arabian Gulf coastline, more than 55 per cent open space, and a 15-minute city philosophy, Bayn aims to redefine coastal living between Dubai and Abu Dhabi. The developer has also made key appointments and plans to triple its UAE workforce by end-2025, leveraging…
“They live in her husband’s home that he purchased prior to their marriage.” Source link
Pop Mart’s $40bn market capitalisation has surpassed that of Hasbro and Mattel combined on back of hot-selling collectibles Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Consumer confidence in the UK rose for the second consecutive month in June, supported by a more positive economic outlook, according to a closely watched survey that raises hopes of stronger household spending.The GfK consumer confidence index — a measure of how people view their personal finances and broader economic prospects — rose two points to minus 18 in June, the research group said on Friday.It followed a three-point improvement in May and took the score to levels last seen at the…
Image: WAM/ For illustrative purposes The UAE ranked 10th globally in 2024 for foreign direct investment (FDI) inflows, bringing in a record Dhs167.6bn ($45.6bn), a 48 per cent increase from the previous year, according to the United Nations Conference on Trade and Development’s (UNCTAD) World Investment Report 2025. The country accounted for 37 per cent of all FDI inflows into the region, reinforcing its position as the leading investment destination in the Middle East and North Africa. “Out of every $100 invested in the region, $37 comes to the UAE,” said Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime…
An ongoing heatwave in Britain, which has pushed temperatures above 30C, was 10 times more likely because of climate change, according to research released as an amber health warning was issued across England.Temperatures are forecast to reach up to 34C on Saturday after hitting 32.2C at Kew Gardens in London on Thursday afternoon, making it the hottest day of the year in the UK. Parts of the country could experience the first tropical night of 2025 over the weekend, when the temperature remains at or above 20C for 24 hours.Some content could not load. Check your internet connection or browser…
Israel’s attacks on Iran threaten to cut China off from critical oil trading partners, highlighting its need for greater energy independence and disrupting Beijing’s hopes for a bigger role in the region. For years, China has used its relationship with Iran to expand its influence in the Middle East, while making cheap Iranian crude, and Gulf supplies more broadly, a bedrock of the energy mix for the world’s biggest buyer of oil.Chinese President Xi Jinping said this week that all parties to the conflict between Israel and Iran should work “as soon as possible to prevent further escalation of tensions”. China…
Image: Getty Images Governments across the Gulf region have announced public holidays to mark the Islamic New Year, giving residents in the UAE, Kuwait, and Oman extended weekends. The holiday marks the beginning of the Islamic lunar calendar year 1447 AH. Read-Islamic New Year 2025: UAE declares June 27 a private sector holiday In Dubai, the Government Human Resources Department (DGHR) has confirmed that Friday, June 27, 2025, will be an official public holiday for all government departments, entities, and institutions. According to a circular issued by DGHR, the holiday does not apply to employees working shifts or those involved…
Before she made it big in music, Carpenter had already amassed an impressive fortune through her work as a child actress, and bought her first house at age 21. Source link
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. News to start: France is leading a renewed push for more joint EU debt as part of an effort to make the euro more attractive on international markets and raise its profile as a global reserve currency.Today our finance correspondent reports on the week-long race to lead the Eurozone, and our climate correspondent has some positive EU bureaucracy…