Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Western companies say China is demanding sensitive business information to secure rare earths and magnets, raising concerns about potential misuse of data and exposure of trade secrets.Beijing’s commerce ministry is asking for production details and confidential lists of customers as part of its export approval process for critical minerals and magnets, according to multiple companies and official guidelines.China dominates the processing of rare earths and manufacturing of the magnets in which they are used.These magnets are widely used in electronics, electric vehicle…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Ministers failed to agree a plan to cut Britain’s high energy costs ahead of Chancellor Rachel Reeves’ spending review, leaving a question mark over the final shape of a policy that is top of the priority list for business groups.Jonathan Reynolds, business secretary, is still planning to cut energy costs for the eight priority “growth” sectors identified in the government’s new industrial policy, which is to be set out later this month.But the structure of such a scheme has not been agreed,…
Image: Supplied The Kleindienst Group prepares to mark 40 years in 2025. Spearheaded by a belief in building what doesn’t yet exist, the company has reimagined what experiential tourism and climate-conscious living can look like through its flagship $6bn project, The Heart of Europe. In this interview, the group’s founder and chairman, Josef Kleindienst, reflects on the concept of underwater living, launching AI-powered hospitality, regenerating coral ecosystems — and shaping a legacy that is enduring. As Kleindienst Group celebrates 40 years this year, how would you describe the company’s evolution? We started with just two desks and one mindset: if…
Images: Emirates Emirates and Bahamasair have signed a memorandum of understanding (MoU) to establish an interline partnership, enabling smoother travel for passengers heading to The Bahamas via Emirates’ US gateways in Miami and Orlando. The agreement allows Emirates customers to book single-ticket itineraries connecting from the Dubai-based carrier’s flights into Florida onward to Bahamasair-operated services to Nassau, Freeport, or San Salvador. Passengers will also benefit from generous baggage allowances when flying on both airlines. “We are pleased to establish an interline partnership with Bahamasair to expand our reach to new and exciting destinations,” said Adnan KazimGulf Busines, deputy president and…
Image: Supplied Emaar Properties has launched VYOM, a new digital resale platform designed to streamline the buying and selling of Emaar homes, the company announced in a statement. The platform, now live and accessible globally, allows users to list properties, upload images, and manage inquiries directly through an intuitive interface. Emaar says the system offers a secure, transparent alternative to traditional resale methods and is aimed at providing greater control and autonomy to homeowners and investors. “As the real estate landscape shifts, so must we. VYOM is more than a platform — it’s a new way of thinking about property…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.VodafoneThree is aiming to more than double its broadband business by 2034, as the newly formed leader in the UK mobile market pledges to create thousands of jobs and upgrade its network. The company — formed last week by the £16.5bn merger of Vodafone’s UK operations and CK Hutchison’s Three UK — plans to grow its broadband customer base from 2mn to 4.3mn over the next eight years.Ahead of VodafoneThree’s launch event on Wednesday chief executive Max Taylor told the Financial Times…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The “insatiable appetite” for growth among football clubs risks leaving their players burnt out and the clubs themselves saddled with higher wage bills, an influential report has warned on the eve of Fifa’s controversial Club World Cup. In its annual review of football finance, Deloitte said clubs and competition organisers must “carefully balance” opportunities to generate additional revenue by playing more games with protecting player welfare. Failure to give players enough rest and the additional prize money earned from playing more matches…
Chime Financial Inc. priced its initial public offering at $27 a share late Wednesday, above its expected range, raising about $864 million. Source link
Your home isn’t just a place to live. It can also be a source of cash once you’ve accumulated some equity. One way to tap that equity is through a home equity line of credit (HELOC). A HELOC can be a convenient and relatively inexpensive way to borrow, but it also has some downsides—the main one being that you might lose your home if you’re unable to make the required payments. This article explains when a HELOC could be the right choice for you. Key Takeaways If you have a sufficient amount of equity in your home, a home equity…
Oxford Industries Inc. — the company that owns the Tommy Bahama and Lilly Pulitzer beach- and resort-wear lines — slashed its full-year profit outlook on Wednesday, sending shares lower in after-hours trade, as U.S. tariffs “significantly” complicate business. Source link