Author: Arabian Media staff
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.More than 50 companies and trade bodies including building society Nationwide and energy group E.On have warned that thousands of jobs will be lost and business investments delayed if the government cuts plans to spend an extra £6.6bn on making British homes more energy efficient. Ministers are currently considering diluting a pledge Sir Keir Starmer made ahead of last year’s election to invest billions of pounds on insulation and other measures in 5mn homes, the FT reported earlier this month.A final decision on…
With record-breaking property sales and a steady influx of ultra-high-net-worth individuals (UHNWIs), Dubai is increasingly positioning itself as a premier destination for global investors seeking long-term residency, asset diversification, and a stable economic environment. Read-6,700 millionaires relocated to the UAE in 2024, report reveals According to Jeremy Savory, CEO of Savory & Partners, Dubai’s booming real estate market is a direct reflection of its growing international appeal. “As Dubai has physically grown, so has its reputation. Property sales are up 89 per cent year-on-year, with land transactions accounting for half of all activity in April 2025,” he said. In 2024…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is the global co-head of investment banking at Goldman Sachs.Data is the foundation of the artificial intelligence revolution, but AI is also revolutionising the market for data. Developers are racing to invest billions of dollars to build the infrastructure to power vast AI systems. That rapid expansion has led to a surge in demand for data, creating the potential for companies to generate significant economic value.AI systems are typically described as having three main components — power, compute and data.…
The country is generating the kind of wealth that raises the risk of an anti-capitalist revolt Source link
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Through a lens brightlyFujifilm GFX100RPrice: £4,699BUYJust as vinyl has a certain quality of sound that its fans will try their best to explain, medium-format cameras produce a look that you simply can’t get from full frame, and for reasons that are less subjective and more rooted in maths. Here, Fujifilm has put a 102-megapixel sensor into the first camera of its GFX range to have a fixed lens, namely a 35mm f/4 (equivalent to 28mm f/3.2 in full-frame money). What does that mean,…
Stay informed with free updatesSimply sign up to the Chinese economy myFT Digest — delivered directly to your inbox.China’s industrial output growth slowed last month under the impact of US President Donald Trump’s tariffs, while retail sales softened as Beijing struggled with the twin economic challenges of the trade war and weak domestic demand.The data, the first since the US and China agreed to slash tariffs last week in a trade war truce, showed that China’s industrial production expanded 6.1 per cent in April compared with a year earlier. That was lower than 7.7 per cent growth in March but…
Images: Emirates Emirates has unveiled a bespoke livery on its iconic Airbus A380 aircraft to promote the launch of its new door-to-door delivery solution, Emirates Courier Express. The move marks the first time a cargo-themed design has been applied to one of the airline’s passenger aircraft. The newly liveried A380 took off for O.R. Tambo International Airport in Johannesburg this week, transporting both passengers and parcels in a showcase of the airline’s latest logistics offering. Emirates Courier Express marks the skies Designed and managed in-house by Emirates Engineering, the livery transforms the aircraft into a symbol of the express delivery…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nvidia chief executive Jensen Huang reaffirmed his commitment to Taiwan as a global technology hub on Monday, announcing the construction of a new local headquarters in Taipei and an artificial intelligence supercomputer that would use thousands of the company’s chips.The move comes as President Donald Trump’s administration pressures technology companies to increase manufacturing on US soil, and as Huang seeks to navigate new tariffs and export controls that threaten Nvidia’s massive sales of AI chips, which are heavily dependent on Taiwan’s supply…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Diageo has launched a $500mn cost-cutting programme to lower its debt burden as the spirits giant reported a sales boost driven by US distributors stockpiling in anticipation of President Donald Trump’s tariffs. The Johnnie Walker and Guinness maker has come under pressure from investors to lower its costs and reduce its leverage, as sluggish demand hit alcohol sales and wider concerns around falling alcohol consumption weighed on the company’s share price. Diageo’s net sales rose 2.9 per cent to $4.4bn in the…
Image credit: Getty Images The investment firm, Dubai Holding said on Monday it will raise the size of residential REIT’s initial public offering to 15 per cent of issued unit capital, up from the earlier plan of 12.5 per cent. One of the largest landowners and real estate developers in the UAE, the company is offering a stake in its REIT at a price ranging from Dh1.07 to Dh1.10 per unit. Read-Dubai Residential REIT sets IPO price range, eyes up to Dhs1.79bn raise Based on revised offering size, it is seeking to raise up to Dh2.15bn ($585.45m), the company said.…