Author: Arabian Media staff
With Wall Street’s focus still squarely on tariffs, Costco reports quarterly results after the closing bell today, after many of its retail peers have tried to convey restraint on raising prices. Source link
Ross Mayfield, investment strategist at Baird, says tech has been the ‘clearest opportunity’ in a year mired by politics. Source link
“Do we have an obligation to provide my wife’s troubled sibling with an accounting of my father-in-law’s expenses?” Source link
Image: Supplied Ahead of its participation at OREX 2025 in Oman, Engineer Wael Al-Lawati, CEO of Muriya, shared how the developer is shaping Oman’s tourism landscape through destinations like Hawana Salalah and Jebel Sifah. Muriya is a joint venture where Orascom Development Holding (ODH) and Oman Tourism Development Company (OMRAN) are partners. Orascom Development Holding, a leading developer of integrated communities, holds a 70 per cent stake, while OMRAN, the government’s tourism development arm, holds 30 per cent. Muriya focuses on developing Integrated Tourism Complexes (ITCs) in Oman, highlighting the Sultanate’s history, heritage, and natural beauty In this interview with…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Saudi Arabia’s finance minister said the kingdom would “take stock” of its spending priorities as it grappled with a sharp drop in oil revenue and the global tumult triggered by US President Donald Trump’s tariffs.Mohammed al-Jadaan told the Financial Times that Riyadh planned to maintain its current pace of government spending despite widening budget and current account deficits, and rising debt.But he said Saudi Arabia would use the period of lower oil prices, as well as the uncertain global outlook, to evaluate…
Image credit: WAM/Website The Ministry of Human Resources and Emiratisation (MoHRE) has announced that Thursday, June 5 to Sunday, June 8 will be an official paid holiday for all private sector employees in the UAE on the occasion of Arafat Day and Eid Al Adha. The announcement follows the cabinet’s decision regarding the approved public holidays for both the public and private sectors. The announcement was made by the ministry on its official X account. Read-Date announced: UAE confirms first day of Eid Al Adha On the occasion of Arafat Day and Eid Al-Adha, the period from Thursday 5 June…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldThe key pointsUS Court of International Trade rules that Donald Trump does not have the authority to impose sweeping “liberation day” tariffsThis is not the end of Trump’s tariff mission, with levies imposed under other powers unaffected and lengthy court battles aheadThe ruling raises the possibility of much lower tariffs and the Fed lowering interest rates because disinflation is progressing as it hopedThe verdictOur base case is not to change our central scenario on this court decision. The Trump administration…
Unlock the White House Watch newsletter for freeYour guide to what Trump’s second term means for Washington, business and the worldIt’s Robert Armstrong’s world, and we’re just living in it. Borg:President Donald Trump bristled at suggestions that Wall Street believes he’s ultimately unwilling to follow through on extreme tariff threats, saying his repeated retreats are instead part of a strategy to exert trade concessions.“It’s called negotiation,” Trump said on Wednesday, adding that he intentionally would “set a number at a ridiculous high number” and then “go down a little bit” as part of talks.Trump was asked during an Oval Office…
“He has been working for a government defense contractor for 20 years with a $206,000 salary and likely a decent 401(k) and pension.” Source link
The demolished remains of Hadid’s failed $50 million mansion have hit the auction block with an opening bid of $7.9 million—years after the father of supermodels Gigi and Bella Hadid became embroiled in a string of legal woes over the property. Source link