Author: Arabian Media staff
Image credit: Getty Images Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved 400 new government jobs in the emirate, which will be filled after the Eid Al Adha holiday. Read-Sharjah approves new employee leave policy According to a WAM report, priority will be given to university graduates who have already been qualified and trained through government human resources programmes. The Sharjah Ruler also approved the implementation plan for the Sharjah Programme to Qualify and Train Job Seekers. The initiative will run from July 1 to December 31, 2025, with a total budget…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shock, horror! The media is reporting that fast-fashion giant Shein is likely to ditch London for Hong Kong for its IPO. Time to rend some garments out of despair (ideally, cheap polyester blends).But, really, nobody should be shocked. If anything, the real surprises are that the UK lobbied so hard for the listing and that Shein had even entertained London in the first place.For months, the Singapore-headquartered ecommerce juggernaut has been stuck in limbo, awaiting sign-off from the China Securities Regulatory Commission…
Stay informed with free updatesSimply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox.Civil servants who have used artificial intelligence tools for administrative tasks freed up two weeks a year in working time, according to a government trial that ministers said showed how the technology can achieve productivity gains across Whitehall.In the study, more than 20,000 officials used Microsoft’s Copilot AI assistant over three months to help them draft documents, summarise meetings and prepare reports. These staff reported that they saved 26 minutes a day by using the tool.Prime Minister Sir Keir Starmer’s government said…
This article is an on-site version of our Swamp Notes newsletter. Premium subscribers can sign up here to get the newsletter delivered every Monday and Friday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersI spent much of last week in the UK, in part at a conference entitled “Beyond Neoliberalism”, organised by academics Noam Maggor and Gary Gerstle, professor emeritus at Cambridge university and a Harvard fellow, whose book The Rise and Fall of the Neoliberal Order helped set the frame on the history of our old economic order and the possibility of a new one.…
‘Sell America’ trade leaves gold buyers with just one question: How much? Source link
With a potential recession on the horizon, it’s worth asking whether a personal loan is your best option during an economic downturn. At first glance, this type of loan may seem like a particularly smart choice if the Fed decides to cut interest rates. However, taking on any debt comes with risk, and your decision to apply for a loan should only be made after fully assessing your risk tolerance and whether a loan fits your unique financial situation. Key Takeaways During a recession, interest rates on personal loans may drop due to the Federal Reserve cutting the Fed funds…
Image credit: Getty Images Succession and wealth planning are complex topics for any business owner — but for female entrepreneurs in the Middle East, the journey can come with added challenges. From family dynamics to access to quality advisors, the road to securing long-term financial stability often requires both professional and personal resilience. Tim Denton TEP is the SEO of the DIFC Private Banking office for Habib Bank AG Zurich and also the head of the bank’s Wealth Structuring practice. He has been involved in wealth structuring for over 25 years, with 21 of those spent in Dubai. A qualified…
Bristol-Myers makes an $11 billion deal with BioNTech to join the new cancer-treatment game, nearly double the size of Pfizer’s deal announced two weeks earlier. Source link
Campbell’s said its Food & Beverage unit booked a 15% jump in sales on strength in products such as Rao’s tomato sauce. Source link
Long-term focused “M/O ratio” — or “Middle-Old ratio” — sees a peak for the S&P 500 and opportunity in emerging markets. Source link