Author: Arabian Media staff

Money manager Christopher Tsai says he pays scant attention to daily market ups and downs, except to look for stock opportunities. Source link

Stay informed with free updatesSimply sign up to the UK house prices myFT Digest — delivered directly to your inbox.House prices in Kensington and Chelsea have fallen to their lowest since 2013, underscoring the underperformance of prime London property due in part to higher property levies, uncertainty over Brexit and non-dom tax changes. The average price in the UK’s most expensive borough plunged 15.1 per cent year on year in March to £1.19mn, the lowest since May 2013, according to Financial Times analysis of data from the Office for National Statistics. In the same month, UK house prices rose by…

Image: Supplied At the MENA Capital Market Summit 2025 held in Dubai, Gulf Business sat down with Mohamed Abu Basha, managing director and head of Macroeconomic Analysis at EFG Hermes, to unpack the region’s economic outlook amidst evolving global challenges. From IMF’s revised forecasts to the potential of free trade agreements and the rise of Kuwait as a country to watch, Abu Basha provides a pragmatic and opportunity-driven view of how the Middle East is responding to inflation, diversification, and capital markets development. The IMF recently trimmed the MENA region’s growth forecast to a modest 2.6 per cent as global…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is a professor of finance at Harvard Business SchoolThe turmoil in the $28tn US Treasury market following the early April announcement of tariff rises by the Trump administration revived unsettling memories of the Covid-induced meltdown in March 2020. Once again concerns were raised about how such a large market could be shaken. This in turn triggered questions about the diminished role of traditional broker-dealers in facilitating trades, and the growing presence of hedge funds as marginal buyers and intermediaries.One policy…

This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newslettersThere was a time, not so long ago, when Italy and Germany were typically seen as opposite poles of the economic debate in the Eurozone. But today there is a remarkable convergence — at least when we consider the leading economic lights of those countries. Specifically, I mean Mario Draghi, former Italian prime minister and European Central Bank president, and the German Council of…

Image: Supplied This year’s Seamless Middle East brought “The Future of Digital Commerce” to the spotlight, highlighting innovations and challenges across sectors like e-commerce, logistics, and supply chain. The logistics and supply chain sector in particular has experienced a significant transformation, driven by changing consumer demands, technological advancement in AI and robotics, and a growing emphasis on sustainability. Consumer expectations have become more complex, particularly due to the rapid rise of e-commerce and hence, company warehouses are evolving urgently from traditional storage spaces into intelligent, automated fulfillment centres, striving to survive in a fast-paced, customer-centric market. There are five key…

Your guide to what markets and services are open and closed over Memorial Day weekend Source link

Ministers are trying to sell a 1,300-truck Brexit border check facility in Kent that is set to be rendered redundant by this week’s EU trade pact. The government-run Border Control Point (BCP) at Sevington in Ashford, Kent, was built in 2021 to accommodate the flood of lorries anticipated in the event of a no-deal Brexit. It handles the majority of checks on plants and animal goods such as dairy and meat arriving into Britain — a process that will be reduced once the UK-EU reset deal comes into force. The government has approached Eurotunnel and the Port of Dover about acquiring or repurposing…

Image: Supplied EFG Holding has reported a mixed first quarter for 2025, with revenues of EGP5.6 bn, down 34 per cent year-on-year (YoY). The decline reflects last year’s exceptional foreign exchange (FX) gains following a sharp Egyptian pound devaluation. Adjusted for FX effects, revenues grew 31 per cent YoY, underscoring strong operational momentum across its core businesses. Total operating expenses fell 29 per cent YoY to EGP3.5 bn, helped by lower employee costs and provisions. Net profit after tax dropped 34 per cent YoY to EGP 1.2bn. Karim Awad, group CEO, said, “Our Q1 results demonstrate the resilience of EFG…

The inexorable rise of the cryptocurrency continues and the milestones keep coming Source link