Author: Arabian Media staff
Image credit: WAM/ Website Dubai’s Roads and Transport Authority (RTA) has completed the rollout of free Wi-Fi in collaboration with e&, covering 21 public bus stations and 22 marine transport stations. The initiative aims to enhance the commuter experience by allowing public transport users to stay connected via smartphones, tablets, and laptops while on the move, a WAM report said. Read-Use public bus service in Dubai? Here’s what you should know This project is part of RTA’s broader efforts to drive digital transformation across all its services, serving diverse segments of society in line with the UAE’s national vision. It…
Governments and policymakers commonly highlight the essential role of heat pumps in reducing the use of gas and other fossil fuels for keeping homes warm while meeting carbon reduction targets.Yet despite a range of subsidies and other incentives across Europe and beyond, adoption remains patchy and the installation of new units is stubbornly slow.Market data from the European Heat Pump Association (EHPA) suggests that, after years of steady growth, sales of heat pumps fell 21 per cent in 2024 compared with the previous year to 2.2mn units (based on data from 14 countries), bringing the total stock to about 26mn.Sales…
Image credit: WAM/Website In a humanitarian gesture responding to ongoing regional challenges, the UAE has announced the exemption of all overstay fines for Iranian citizens currently in the country, whether they are residents or visitors. بتوجيهات محمد بن زايد.. الإمارات تعفي رعايا إيران من غرامات التأخير | صحيفة الخليج https://t.co/conL3dq5Vy — Identity, Citizenship, Customs & Port Security UAE (@UAEICP) June 17, 2025 Read-Airspace closure: UAE airlines announce flight cancellations The move, made under the directives of the President Sheikh Mohamed bin Zayed Al Nahyan, was confirmed by the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), according to…
One thing to start: Elon Musk’s artificial intelligence company xAI is nearing a $9.3bn debt and equity deal, as investors looked past the billionaire’s spat with President Donald Trump that had complicated the capital raising efforts.And a wave of golden visas: Nearly 70,000 people have signed up for the new golden Trump Card, a visa scheme led by commerce secretary Howard Lutnick that will grant foreigners legal residency in the US at a cost of $5mn.Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance. This article is an on-site version of the newsletter. Premium subscribers can…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is co-global head of investment strategy for JPMorgan Private BankMarket narratives tend towards extremes. Is the US an unstoppable economic power or a cautionary tale of debt and dysfunction? The truth, as is so often the case in investing, lies somewhere in between.Investors face considerable policy uncertainty from a new US administration. The public debt and deficit have risen dramatically, and pending legislation would likely exacerbate the trend. As the dollar has weakened and long-term bond yields have risen this…
Image courtesy: WAM/ For illustrative purposes The UAE has cemented its position among the world’s most competitive nations, rising two spots to rank fifth globally in the 2025 edition of the IMD World Competitiveness Ranking, published by the IMD World Competitiveness Center in Lausanne, Switzerland. Scoring an impressive 96.09 out of 100 points, the UAE outperformed major economies including the US, Germany, Sweden, and Canada. The country also retained its status as the most competitive nation in the Middle East and North Africa for the ninth consecutive year. The achievement was highlighted during a recent UAE Cabinet meeting, where officials…
Stay informed with free updatesSimply sign up to the Media myFT Digest — delivered directly to your inbox.Netflix has struck a landmark deal to show linear TV for the first time with French TV network TF1, as traditional broadcasters struggle with changing viewing habits and fierce competition from streaming giants.TF1 will use Netflix’s platform to broadcast shows such as Brocéliande and The Voice, as well as major live sports in its home country. France’s largest commercial broadcaster will show all five of its linear channels on Netflix, as well as more than 30,000 hours of TV shows available on demand.The…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldDealmakers are concerned that President Donald Trump has set a dangerous precedent for politically sensitive tie-ups by taking a “golden share” in US Steel as a condition for approving its takeover by Japan’s Nippon Steel. US Steel’s announcement last week that it was giving the government the share cleared the way for the $14.9bn deal and ended 17 months of tense negotiations. The transaction had significant political implications due to US Steel’s historic role in American industry and its headquarters…
Image courtesy: WAM/ For illustrative purposes As Europe accelerates its green transition, the European Commission has laid out an ambitious roadmap that positions nuclear energy as a central pillar of its long-term decarbonisation strategy. According to the latest Nuclear Illustrative Programme (PINC) released by the commission, the European Union (EU) will require EUR241bn in nuclear investments by 2050 to meet its energy and climate commitments under the REPowerEU Plan and the Clean Industrial Deal. The report underscores a critical message: nuclear power is not fading — it’s evolving. While public opinion and national energy policies remain divided, the EU’s projections signal…
Israel’s attacks on uranium enrichment facilities have caused localised radioactivity, but contamination appears limited Source link