Author: Arabian Media staff

Image: Win McNamee/Getty Images US President Donald Trump has landed in Abu Dhabi. He was received by the UAE’s President Sheikh Mohamed bin Zayed Al Nahyan. President Trump is on the last leg of his Middle East tour, which included stops in Saudi Arabia and Qatar. According to state news agency, WAM, the US leader was also welcomed by a delegation, which included Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser; Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs;  Sheikh Mohammed bin Hamad bin Tahnoon Al Nahyan,…

MANSA, the Dubai-based global fintech innovator in cross-border payments, announced the successful closure of its $10 million funding round. The company said it has raised $3 million in a pre-seed funding round led by Tether and co-led by Polymorphic Capital with participation from other prominent investors. The fintech company said it has also secured an additional $7 million in liquidity funding from institutions, including corporate investors, quantitative funds, and alternative investment firms. The funds will support MANSA’s further market expansion into Latin America and Southeast Asia, alongside the rollout of bespoke liquidity and ancillary solutions tailored to address complex cross-border payments needs, the company…

Walmart CEO Doug McMillon described the company’s immediate challenge as navigating the impact of tariffs in the U.S. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.BT is set to carve out its international business into a new standalone unit, as chief executive Allison Kirkby continues to consider a potential sale of the telecoms group’s non-UK operations.The new division — which will comprise more than 8,000 staff — will report separately from the company’s UK business, according to a person familiar with the matter.The FTSE 100 group is open to a sale of the carved-out unit, or it could seek to merge it with another operator, the person…

As a founder, there are many things you have to consider, such as product development, marketing, accounts, and much (much!) more. Understandably, it can be easy to get caught up in the day-to-day requirements and not think enough about the steps you need to take to future-proof your business. One such step is developing excellent leadership skills. In this article, I’ll share with you some great tips you can use to develop leadership skills in 2025 and ensure you are perfectly placed to grow and scale your business effectively. Short on time? Here are the key takeaways Work on your…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ports and shipping lines are braced for a “whipsaw” in demand as businesses race to stockpile Black Friday and Christmas goods during the 90-day ceasefire in the US-China trade war.Analysts warned that the sharp drop-off in container ship bookings from China to the US following President Donald Trump’s April “liberation day” tariff announcements would now be followed by an equally rapid surge in imports that will test port handling capacity.“First we’ll see a massive drop in cargo arriving in US ports; then…

The income approach measures a country’s gross domestic product (GDP) based on the accounting principle that all expenditures should equal the total income generated by producing the economy’s goods and services. The income approach assumes that there are four major factors of production in an economy and that all revenues must go to one of these sources. Add together all of the sources of income over a period and make adjustments for taxes, depreciation, and foreign-factor payments. Key Takeaways The expenditure approach and the production approach are two alternate ways to measure GDP. GDP provides a broad snapshot of a…

Abu Dhabi’s Hub71 and Google have launched the Google for Startups Accelerator, a joint programme to scale AI-focused startups within Hub71+ AI. A total of 26 startups from the Hub71 community have been selected to join the inaugural cohort, gaining access to a tailored three-month curriculum. Startups will gain access to Google’s global network of mentors, engineers, product leaders and Google Cloud credits. Abu Dhabi startups Top-performing startups will be eligible for up to $300,000 in credits, the highest tier of support available through the programme globally. They will also be considered for Google Cloud Platform (GCP) ecosystem tier credit…

Initial jobless claims held steady at 229,000 in the week ending May 10, the Labor Department said Thursday. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Waiting lists for routine hospital treatment in England have risen for the first time in seven months, in a blow to the government’s claim that the backlog in NHS care is easing.Patients were waiting for 7.42mn appointments at the end of March, an increase of 18,751 from February, NHS data showed on Thursday. The figure had been going down each month since August, when it stood at 7.64mn. Reducing waiting times and improving NHS performance has become a cornerstone of how the Labour…