Author: Arabian Media staff

The cost of imports barely rose in April, but only because of a global decline in oil prices. Yet many products such as foreign cars, consumer goods and industrial supplies appeared to show signs of tariff-related price increases. Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The not-so-empty nest is becoming a feature of modern life. One minute a parent is standing in their child’s bedroom, shedding a tear over the old toys and wondering whether to turn it into a study. The next, said child is back, fully fledged but with wings clipped by debt, impossibly high rents or lack of a job.A new survey finds that a fifth of the “boomerang” generation in the UK are in their thirties. Quite a lot of parents are pleased.…

Personalizing your customer journey is one of the most important aspects of both short and long-term success. Yet many founders don’t put the necessary time and effort into it, instead opting for a blanket approach in the hopes that their generic messaging will attract a wide enough audience. But thanks to continued advancements in eCommerce-based tech, personalizing your customer’s experiences has never been easier. While the process may be getting easier, the results remain overwhelmingly positive, with as many as 77% of consumers having chosen, recommended, or paid more for a brand that provides a personalized service or experience. But…

If you sold stocks during the market turmoil this year and captured a loss on that sale, you might consider using a tactic known as tax-loss harvesting to help you save money on taxes. “At a basic level, tax-loss harvesting is selling an investment for a loss, on paper, and using it to reduce your taxes,” says Filip Telibasa, a certified financial planner and owner of Benzina Wealth. “Losses can either be used to offset gains realized in other areas or to reduce up to $3,000 of your income.” Here’s what you need to know about using the strategy. Key…

Image: Reuters The United Arab Emirates plans to increase the value of its energy investments in the United States to $440bn in the next decade, it said on Friday, boosting US President Donald Trump’s efforts to secure major business deals on a Gulf tour. The wealthy oil power’s strategy was announced during a presentation by Sultan Al Jaber, Abu Dhabi oil giant ADNOC’s chief executive, to Trump during the last stage of his regional trip that has drawn huge financial commitments from the UAE, Saudi Arabia and Qatar. The enterprise value of UAE investments in the US energy sector will…

The Abu Dhabi Investment Office (ADIO), in collaboration with the Department of Municipalities and Transport (DMT), is inviting businesses fully owned by Emirati citizens and registered with the Abu Dhabi Department of Economic Development (ADDED), to submit their proposals for a tender to develop car wash and service centres. The successful bidder will operate car wash businesses in multiple locations in Al Dhafrah and Al Ain, including: Al Marfa Ghayathi Liwa Al Sila Al Qou Interested bidders are encouraged to participate in the tender, which is open to December 16. Working at the Abu Dhabi car wash Bidders can download…

Space-tourism company Virgin Galactic expects that private astronauts will pay more than $600,000 for a ticket on its new Delta class SpaceShips Source link

Stay informed with free updatesSimply sign up to the Media myFT Digest — delivered directly to your inbox.Charter has agreed a $34.5bn deal to buy Cox that would combine two of the largest cable companies in the US, giving them a major footprint stretching from the New York area to southern cities such as Atlanta.The transaction, one of the largest in the industry, comes at a time when cable television operators are under mounting pressure as viewers are increasingly cutting the cord and opting for streaming services instead. The deal values Cox’s equity at $21.9bn and gives the business an…

When starting a business, most entrepreneurs will focus almost all their efforts on sales, and for good reason. After all, without a sufficient amount of sales, brands will struggle to get their business off the ground and profitable. But when looking at a longer-term picture, building a community is absolutely crucial for repeat sales, loyal customers, and sustainable growth. With that in mind, here are a few ways to build a community around your brand, setting it up for a long and successful future. Short on time? Here are the key takeaways Here are six ways you can build a…

Over the last decade, the number of Americans actively preparing for disaster has skyrocketed. According to FEMA data, the number of self-identified “preppers” has nearly doubled since 2017, reaching 20 million. Part of that preparation sometimes includes a “panic room” or bunker to keep themselves safe in an emergency. While custom-built, multi-room underground shelters with advanced security systems can cost hundreds of thousands of dollars (or more), simpler pre-fabricated options installed above-ground can be much more affordable and accessible. So, how much will installing a panic room really run you? Below, we break down potential costs involved and the factors…