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“I don’t want to leave my son with my taxable retirement accounts.” Source link
An astronomical breakthrough has taken place in the UAE, as the Al Khatim Astronomical Observatory in Abu Dhabi successfully imaged a newly discovered interstellar comet—only the third ever recorded in human history. The object, named 3I/ATLAS, was discovered by NASA on July 1 using the ATLAS survey telescope in Chile. Classified as an interstellar comet, it originated from another solar system and has been drifting through deep space for billions of years before entering ours just days ago. UAE captures rare interstellar comet The “3I” prefix signifies its status as the third interstellar object ever detected, following ʻOumuamua in 2017…
Two bitcoin wallets moved 20,000 in the cryptocurrency to new unknown wallets after laying dormant for 14 years. Source link
Image: Getty Images In July 2025, the US Congress enacted the sweeping One Big Beautiful Bill (OBBB): a landmark legislative overhaul combining permanent extensions of Trump-era tax cuts for individuals and businesses with major spending cuts to welfare programmes and a hefty increase in defense and border security outlays. The bill narrowly cleared its final hurdle in the House of Representatives, positioning it to become law following his signature on July 4. According to the Congressional Budget Office, the legislation is projected to add approximately $3.3–$3.4 trillion to federal deficits over the next decade and leave 11–12 million Americans without Medicaid…
Dubai’s real estate market has recorded its strongest-ever quarterly performance, with property sales in Q2 2025 surging to AED 184.3bn ($50.2bn), according to new data from Property Finder. The second quarter saw 53,252 property transactions, marking a 22 per cent year-on-year increase in volume and a 49 per cent jump in value—making it the highest-performing quarter in Dubai’s real estate history. The milestone builds on the momentum of a strong first quarter and underscores Dubai’s status as one of the world’s most attractive and resilient property markets, even amid global economic uncertainty. Dubai real estate record Dubai’s existing property segment…
Dubai’s real estate market has recorded its strongest-ever quarterly performance, with property sales in Q2 2025 surging to AED 184.3bn ($50.2bn), according to new data from Property Finder. The second quarter saw 53,252 property transactions, marking a 22 per cent year-on-year increase in volume and a 49 per cent jump in value—making it the highest-performing quarter in Dubai’s real estate history. The milestone builds on the momentum of a strong first quarter and underscores Dubai’s status as one of the world’s most attractive and resilient property markets, even amid global economic uncertainty. Dubai real estate record Dubai’s existing property segment…
Mark Whelan, Head of EMEA Growth Markets at Okta. As organisations accelerate their digital transformation journeys, identity has become the new security perimeter, and the most critical layer of defence against modern cyber threats. Yet, with a growing number of SaaS applications, fragmented security frameworks, and evolving compliance mandates, securing identity is more complex than ever. Okta, a global leader in identity and access management, is working to change that. From championing a new Identity Security Standard to rolling out AI-driven threat protection and embracing a passwordless future, the company is aiming to redefine how enterprises approach identity. Mark Whelan,…
In a secure laboratory just outside Paris, a compact metallic device using ultra-cold atoms promises to revolutionise navigation by offering centimetre-level precision on transatlantic journeys without relying on satellites. It’s a glimpse into the invisible thread connecting consumer tech and national defense. For Bernard Quendt, Chief Technical Officer at Thales, this convergence is far from accidental. It’s strategic. “Defense systems will be much more a combination of civilian technologies, highly robustified, but which benefit from the speed of civilian innovations,” he told Arabian Business in an exclusive interview on the sidelines of a recent tour of the French multinational’s quantum…
Image credit: Defective Products Recall Center/Saudi Ministry of Commerce Saudi Arabia’s Ministry of Commerce has announced the recall of more than 88,000 Anker power banks due to a serious safety concern. The affected power banks, spanning five different models, may suffer from an internal electrical short circuit that could cause overheating and increase the risk of fire, a Saudi Press Agency report said. Read-Big changes ahead: Airlines tighten rules for power banks, phones A total of 88,518 units are impacted by the recall, covering the following Anker power bank models: A1257 (Anker Power Bank 10K, 22.5W) A1681 (Anker Zolo Power…
E-commerce in Saudi Arabia continues its explosive growth, with online sales via Mada cards reaching a record SAR69.3bn ($18.5bn) in the first quarter of 2025—marking a 56 per cent year-on-year increase. According to the Saudi Central Bank’s May bulletin, the Q1 figure represents a SR24.9bn ($6.6bn) rise from the SR44.4bn ($11.9bn) recorded in the same period of 2024. The number of transactions also soared, surpassing 370m in just three months. E-commerce in Saudi Arabia On a quarterly basis, sales climbed 26 per cent compared to the fourth quarter of 2024, which recorded SR55.2bn ($14.7bn), reflecting growing consumer confidence and a…