Author: Arabian Media staff
An emergency fund can help you weather unexpected expenses or a job loss, but most people don’t have enough saved. Many financial experts recommend having three to six months of income saved; others recommend more or sometimes even less. Here’s how to calculate how much you need in your emergency fund using both methods. Key Takeaways An emergency fund can help you deal with financial shocks, such as unexpected expenses or a job loss, without taking on debt.Keep emergency savings in a highly liquid, interest-earning account such as a high-yield savings account.Some financial experts recommend saving three to six months…
Emirates Government Services Hub (EGSH), Dubai’s leading provider of centralised government services, announced a strategic partnership with IFZA Dubai, the UAE’s most dynamic free zone community. The collaboration will provide a full spectrum of services to IFZA’s growing network of entrepreneurs and foreign investors. With its state-of-the-art infrastructure, business-friendly regulations, and innovative ecosystem, IFZA is an ideal destination for SMEs and international companies looking to establish a strong foundation in Dubai. EGSH’s expertise will complement IFZA’s offerings by providing seamless support for trade license issuance, compliance management, and visa services, all tailored to the unique needs of free zone companies…
Chinese internet giant Alibaba on Thursday reported growing earnings as sales growth came in lighter than analysts had estimated. Source link
Stay informed with free updatesSimply sign up to the Renewable energy myFT Digest — delivered directly to your inbox.Ed Miliband, UK energy secretary, came to office promising to “move fast and build things” by unleashing £40bn of investment a year to convert Britain’s energy infrastructure to clean power by 2030. He remains a believer but, less than a year later, that prospect is receding.His grand ambition to rewire Britain’s national grid in six years while adding record amounts of wind and solar power was always at “the limits of what is feasibly deliverable”, as the government’s National Energy System Operator…
What has no physical presence and haunts every entrepreneur’s dreams? No, I’m not talking about actual ghosts. I’m talking about building a ghost e-commerce brand! Many entrepreneurs dream of opening their own ecommerce store, selling products and services online, and growing their own businesses in the process. However, one major barrier is that a physical inventory can be too much of an upfront cost, not to mention the issues that can arise with inventory management. But what about exploring a simpler business model like ghost commerce? Here, I will take you through the concept of ghost commerce business, as well…
Donald Trump’s trade policies have put global markets through the mill in recent weeks. But his policies didn’t come from nowhere. Aspects of US protectionism preceded Trump’s second term – and countries across the world have been pushing for greater self-sufficiency for some time. Is this drive for greater self-sufficiency misguided? Is true self-sufficiency even possible? Or might the secret to economic security come from more co-operation, not less? The FT’s senior business writer Andrew Hill sits down with Ben Chu to discuss the findings from his new book: “Exile Economics: What Happens if Globalisation Fails.” Chu is the policy…
The cost of different streaming services can add up, regardless of whether you’re taking advantage of them or not. You might subscribe to Max in order to watch one show, only to forget about cancelling your subscription a few weeks late when you’ve finished watching. “What I see happen is that people will regularly use two or three streaming services but then see a movie or show they want to see on a different service (and think), ‘Oh, it’s only an extra $12 per month!’” said Chris Diodato, a CFP and founder of WELLth Financial Planning. “Compound that decision a few…
The global healthcare sector is undergoing rapid transformation, driven by the urgent need for scalable, tech-enabled solutions. What was once a long-term ambition, the integration of technology across systems and services has become an immediate priority. From policy to practice, digital health is no longer optional. It’s here, it’s accelerating and the time for implementation is now. Nowhere is this momentum more visible than in the Middle East and North Africa. Countries such as the UAE, Saudi Arabia and Egypt are investing heavily in next-generation healthcare infrastructure. From AI-powered diagnostics and smart hospitals to digital patient records and virtual care platforms, the MENA region…
The new fund, Yango Ventures, will focus on seed to Series B investments primarily in online-to-offline (O2O), B2B software-as-a-service, and financial technology sectors, with plans to scale its capital base as entrepreneurial ecosystems expand in these high-growth markets. “We’re more than a tech company; we are an ecosystem committed to empowering entrepreneurs worldwide,” said Daniil Shuleyko, CEO of Yango Group. “Through Yango Ventures, we’re sharing our expertise and network to help startups scale, thrive, and drive meaningful change in their communities.” The fund’s creation represents a significant expansion of the Group’s operations beyond its core business of adapting global technology…
Despite the recent stabilization and modest recovery in the dollar’s fortunes, economists remain pessimistic on the outlook for the world’s reserve currency. Source link