Author: Arabian Media staff
The world’s most commoditised experience Source link
Image credit: Getty Images The UAE Ministry of Finance has issued Cabinet Decision No. (197) of 2025, unveiling a revamped structure for selective goods taxation, including revised rates and methods for calculating the selective price. The latest decision marks a significant update to the country’s excise tax framework, with a particular focus on introducing a “tiered volumetric model” for sweetened beverages. The new decision replaces Cabinet Resolution No. (52) of 2019 and its subsequent amendments, according to a WAM report. Read more-UAE launches Advertiser Permit: New rules every brand should know The amendment aligns with ongoing national efforts to promote…
On Me, a digital gift card startup founded by former Google employees, is aiming to redefine the gift card industry with its mobile-first gifting platform that lets users purchase digital gift cards categorized by interests rather than being restricted to specific retailers. The company on Thursday said it had raised $6 million in a seed funding round, which it will use to expand its gift categories to include things like horseback riding lessons, wine tastings, and theme park trips. Image Credits:On Me On Me touts its flexibility. So if you have a friend who is passionate about tennis, you can…
VinFast is seeking salvation in foreign markets Source link
Image credit: Getty Images Global air travel is witnessing a significant transformation as Emirates and Etihad Airways unveil strategic partnerships, innovative travel products, and new routes designed to enhance connectivity, flexibility, and sustainability. From the Caribbean to Southeast Asia and across Europe to the Middle East, these Gulf carriers are expanding their reach while responding to growing traveller demand for convenience, flexibility, and responsible travel. Read more-Dubai’s aviation duo fly high: Flydubai inks 7 deals, Emirates adds London flights Through partnerships with regional carriers and the introduction of innovative solutions for leisure and corporate travellers, both airlines are demonstrating how…
Up to 3 million abandoned oil and gas wells litter the U.S. alone, and while many still contain oil or natural gas, the owners decided it wasn’t worth it to keep pumping. “They’ve tried everything,” Prab Sekhon, CEO of Eclipse Energy, told TechCrunch. “There’s still a ton of oil left behind.” Eclipse doesn’t have a way to recover that oil, but it does have a way to squeeze some of the energy they embody up to the surface. Rather than pump harder or inject something to force oil to the surface, Eclipse sends down microbes to munch on the oil…
Running a giant digital business is not as fun as it used to be Source link
Image: Supplied Saudi Arabia’s General Authority of Civil Aviation (GACA) has signed an agreement with Archer Aviation to set up a regulatory pathway that would allow electric vertical takeoff and landing aircraft to operate across the kingdom, the regulator said. GACA said it plans to base its framework on the US Federal Aviation Administration’s certification rules and the Department of Transportation’s eVTOL Implementation Pilot Program, aiming to support early operations in Riyadh, Jeddah and large development zones including Red Sea Global. The roadmap is part of the aviation pillar of the National Transport and Logistics Strategy and aligns with the…
Spotify may be synonymous with music streaming, but it’s also got a wildly popular developer-tool side-hustle called “Backstage.” Backstage is an open source project that helps companies build their own internal developer portals: a catalog of their developer tools along with quick visualizations of the work the tools have done, and other metrics. But like many open-source projects, Backstage is a build-it-yourself option. Israeli startup Port has been gaining big-name customers like GitHub, British Telecom and LG with a proprietary Backstage competitor: a dev tool portal that’s also now been geared to manage AI agents. On Thursday, Port, founded in…
Image credit: Getty Images Saudi Arabia is heading into 2026 with a confident, increasingly mature labour market shaped by economic stability, national transformation projects, and a strengthened supply of technical and professional talent. Across industries, from manufacturing and digital technology to HR, finance, and project management, organisations are planning for continued expansion but with more strategic discipline in how they allocate compensation budgets and recruit for high-demand roles. Employers across the kingdom report sustained optimism supported by the IMF’s real GDP projections of around 4 per cent growth for both 2025 and 2026. Even as some regional markets recalibrated due…