Author: Arabian Media staff
In the second of this six-part series of The Economics Show, Martin Wolf, the FT’s chief economics commentator, and Nobel Prize-winning economist Paul Krugman discuss the way economic trends have fractured societies on both sides of the Atlantic and the jeopardy that poses to liberal democracies in Europe and America. Paul Krugman’s Cultural Coda: Let America Be America Again by Langston Hugheshttps://poets.org/poem/let-america-be-america-againMartin Wolf’s Cultural Coda: The Tariff Song by Dan Shorehttps://m.youtube.com/watch?v=eWtn6kWXAsQ&utm_source=substack&utm_medium=emailSubscribe and listen to this series on The Economics Show on Apple Podcasts, Spotify, Pocket Casts or wherever you listen to podcasts. Episodes are also available on the FT’s YouTube…
Stay informed with free updatesSimply sign up to the UK employment myFT Digest — delivered directly to your inbox.The UK cannot simultaneously re-arm and rebuild its nuclear energy industry without remaining open to skilled migrants, according to a leading voice in the country’s trade union movement.Mike Clancy, general secretary of the Prospect trade union, said the government’s ambition to raise defence spending to 3 per cent of GDP and meet its net zero targets including through new nuclear energy projects would be constrained by skills shortages. Building the energy infrastructure for net zero would require an ageing workforce to expand by…
Image: Supplied Founded on the belief that recycling should be simple, rewarding, and accessible, Sparklo emerged from a deep understanding of the sustainability challenges facing the UAE and the wider MENA region. Since its launch in December 2022, Sparklo has collected over 95 million recyclables, built the region’s largest incentive-driven recycling community, and is set to redefine how we think about waste, technology, and environmental responsibility across 10 countries. In this interview, Maxim Kaplevich, founder and CEO of Sparklo, shares how parklo’s innovative reverse vending machines — known as Sparklomats —are transforming everyday recycling into a motivating experience by rewarding…
Chief executive Mark Read pushed to adopt artificial intelligence but is set to exit with the share price languishing Source link
Image: Supplied The UAE’s rental market is ripe for disruption, and Rentify is leading the charge with its fintech-driven approach. Co-founders Rajneel Kumar (COO) and Rashed Hareb (CEO) sat down with us to discuss how their AI-powered platform is transforming the leasing experience — from “Rent now, pay later” (RNPL) solutions to predictive analytics and strategic rewards programmes. Fresh off a $500,000 funding round, they share their vision for scaling operations, bridging gaps in the traditional rental process, and positioning Rentify as the region’s go-to rental ecosystem. The UAE rental market has a variety of platforms — what makes Rentify…
Tesla Inc.’s robotaxi service is tentatively set to start picking up its first passengers in Austin, Texas, on June 22, Chief Executive Elon Musk said Tuesday night. Source link
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldCryptocurrency exchange Bullish has filed for a US initial public offering as the Peter Thiel-backed group seeks to tap surging investor demand for digital assets under the Trump administration.The company confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering in recent weeks, according to two people familiar with the situation. Confidential filings allow companies to progress their listing plans before publicly revealing their financials closer to pursuing a flotation. Bullish did not respond to requests…
After months of rising tensions, U.S. and Chinese negotiators have agreed to a “framework” on trade, officials said late Tuesday. Source link
ADNOC Gas has taken a final investment decision (FID) and awarded $5bn in contracts for the first phase of its Rich Gas Development (RGD) project, marking the company’s largest-ever capital investment to date. The contracts cover the expansion of processing units to boost throughput and operational efficiency across four key ADNOC Gas facilities: Asab, Buhasa, and Habshan (onshore), and the Das Island liquefaction facility (offshore). Engineering, Procurement, and Construction Management (EPCM) contracts for Phase 1 have been awarded in three tranches. UK-based Wood was awarded a $2.8bn contract for the Habshan facility. Two consortia —Petrofac and Kent — secured the…
Image: Emirates Emirates has designated Bahrain as the first destination in its global network to be exclusively served by the Airbus A350, following the arrival of its third A350 aircraft at Bahrain International Airport on June 2. The deployment marks a milestone in the airline’s fleet modernisation strategy and is part of its ‘Fly Better’ promise to elevate the passenger experience. Emirates’ A350 offers a three-class configuration, including 32 lie-flat Business Class seats in a 1-2-1 layout, 21 Premium Economy seats arranged 2-3-2, and 259 Economy seats in a 3-3-3 layout. The aircraft features enhanced cabin comfort, including higher ceilings,…