Author: Arabian Media staff

Images: Supplied Aldar has unveiled Fahid Island, a new Dhs40bn coastal wellness destination in Abu Dhabi, marking one of the emirate’s most ambitious mixed-use residential masterplans to date. Located between Yas Island and Saadiyat Island, Fahid Island spans 2.7 million sqm and features 11km of coastline, including 4.6km of pristine beaches and lush mangrove forests. Designed as a wellness-oriented sanctuary, the island integrates residential, leisure, education, and hospitality components, with every location no more than five minutes’ walk from the water. The project includes more than 6,000 residential units, ranging from apartments and townhouses to ultra-luxury villas. The first release,…

“My brother, the executor of her will, coerced her during her illness to give him power of attorney.” Source link

Goldman Sachs took a look at rising bond yields and concluded that they’re still not a threat to the S&P 500 this year. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Sanofi will buy the US maker of the world’s only approved treatment for a debilitating rare blood disorder for up to $9.5bn, as it seeks to boost its immunology medicine pipeline. The French pharmaceutical company has agreed to pay $9.1bn in cash plus potential milestone bonuses for Cambridge, Massachusetts-based Blueprint Medicines, which is seeking to develop a drug for a wide range of immunological diseases. The deal is one of the biggest biotech acquisitions of 2025 and comes as Sanofi seeks to boost…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The world’s advanced economies risk a significant GDP loss if they move too quickly to localise supply chains as a result of the deteriorating geopolitical environment, the OECD has warned.Modelling by the international organisation found that aggressive reshoring of supply chains could decrease global trade by 18 per cent, with some countries losing up to 12 per cent GDP compared with persevering with a globalised trading regime.The Paris-based OECD, which represents most of the advanced economies, issued its warning as rising trade…

Image: Supplied As Donald Trump passes the 100-day milestone of his second term as President of the US, the US Administration’s take on immigration, government bureaucracy, and the future of energy have all made front-page news. It is the topic of tariffs, however, that is compelling businesses and policymakers to turn headlines into action. Back in April, the US announced a baseline tariff of 10 per cent on almost all imports into the country. According to The White House, the move was intended to protect American jobs, American manufacturing, and the American economy at large. In the process, it has…

The Chicago suburb where Pope Leo XIV grew is trying to acquire his humble childhood home before it is sold off to the highest bidder at auction. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Monzo has reported annual revenues of more than £1bn for the first time and a steep rise in profits even as it warned of a financial hit from a long-running investigation into potential breaches of anti-money laundering laws.The London-based fintech reported pre-tax profit of £60.5mn for the 12 months to March, four times its profits a year earlier. Monzo said an investigation by the UK’s Financial Conduct Authority was “likely to have a financial cost” to the business but did not put…

Images: Supplied Before the lights, cameras and big-money deals roll on The Final Pitch: Dubai, four of the region’s investors (and the show’s judges) are already delivering their inputs. From real estate expert Dr Mohanad Alwadiya and Web3 heavyweight Bijan Alizadeh to cleantech pioneer Sami Khoreibi and strategic advisor Jigar Sagar, these investors aren’t just waiting to be impressed. Their message to startup founders? Come armed with data, clarity, and a vision that can scale — not just sizzle. Each offers advice honed through decades of hard-won experience. Ahead of the show‘s Middle East debut, we asked these decision-makers for…

Image: Getty Images The UAE-based Sport Impact Summit is stepping up support for the country’s new climate law by partnering with two AI innovators to help organisations cut emissions and scale sustainability efforts. SIS has announced new strategic alliances with Scoreboard, an AI-powered emissions tracking platform, and Hum(AI)n Assets, an AI-driven creative content engine developed by global creative agency HOKO. Both platforms are being integrated into the SIS ecosystem to support implementation of Federal Decree-Law No. (11) of 2024 on the Reduction of Climate Change Effects. Sean Morris Founder of Scoreboard and former sustainability lead for Formula One, the PCA,…