Author: Arabian Media staff

As part of a strategic expansion, Majid Al Futtaim is set to open 30 new stores across the GCC, encompassing both luxury and high street brands. The luxury additions include five standalone Eleventy boutiques, the regional debut of Corneliani, and Poltrona Frau’s first store outside the UAE, located in Saudi Arabia. Read-Majid Al Futtaim to launch over 30 new stores in GCC “These openings reflect our continued investment in building a strong, differentiated luxury fashion and home portfolio in high-performing destinations,” said Fahed Ghanim, CEO of Majid Al Futtaim Lifestyle. The new Eleventy stores include recent openings at Solitaire Mall…

As serial entrepreneur Joel Milne founded, scaled, and then successfully sold mobile auto repair service startup RepairSmith to AutoNation, he was plagued by a persistent problem.  The automotive retail industry has a communication problem. And it’s an expensive one. Thousands of dealerships and mechanic shops — each one with an array of software systems — lack a common language to make communication with manufacturers and other businesses easier. “We had this problem of, ‘how do you work with dealerships and shops and talk to them as you’re running around repairing cars and trying to refer them business or get parts…

Opinions expressed by Entrepreneur contributors are their own. It’s easy to lead when things are going well. The real test? Leading when everything feels unstable: the market shifts, plans unravel, and nothing goes according to script.In my time leading ButterflyMX, I’ve learned that the true measure of a team isn’t how they perform when things go smoothly; it’s how they respond when everything goes sideways.In those moments, your team doesn’t need perfection. They need resilience. Not just the grit to push through, but the agility to adapt, the clarity to stay grounded and the trust to speak up when it…

A wave of optimism has lately swept through China’s chip industry. Share traders in Shanghai joke that Cambricon, a local firm, not only offers a substitute for Nvidia’s processors, but for its stock, too. Although the Chinese semiconductor firm is worth but a fraction of its giant American rival, its share price has rocketed by 350% over the past year, around 15 times as much as Nvidia’s. Source link

This landmark agreement is the first CEPA signed between the UAE and an Arab nation, aimed at enhancing trade and investment ties, stimulating growth in key sectors, and empowering small and medium-sized enterprises (SMEs). With the CEPA entering into force, the two nations aim to boost bilateral non-oil trade to more than $8bn by 2032. UAE and Jordan trade deal This follows impressive year-on-year growth between 2023 and 2024 of 34.1 per cent, with non-oil trade between the two nations reaching approximately $5.62bn in 2024. This agreement will eliminate or reduce tariffs and remove trade barriers, enhancing market access and…

The more years that Berkshire gets out of Greg Abel, the incoming CEO, the better, says Buffett Source link

Credit for images: emirates/Instagram Emirates, the world’s largest operator of international First Class travel, continues to refine its industry-leading ‘Fly Better’ experience with a suite of premium enhancements. The airline currently offers 26,800 international First Class seats per week—the largest in the industry—exclusively in private suites. From gloved onboard service and redesigned menus to luxury check-in lounges and unlimited caviar, Emirates is doubling down on high-end service as demand for premium travel remains robust. Curated comfort and personalisation in the sky New onboard enhancements include a keepsake menu, elegantly designed to showcase Emirates’ world-class selection of drinks and culinary inspirations.…

Fabled startup investor and accelerator Y Combinator has some choice words for Google in an amicus brief it just submitted in the U.S.’s monopoly case against the search giant. In the brief, YC charged that Google is a “monopolist” that has “stunted” the U.S. startup ecosystem by making VC firms like itself hesitate to fund web search and AI startups in what it calls a “kill zone” around Google. “Google has chilled independent firms like YC from funding and accelerating innovative startups that could otherwise have challenged Google’s dominance,” YC wrote in the filing. “The result is a landscape that…

Ella Stapleton noticed in February that the lecture notes for her organizational behavior class at Northeastern University appeared to have been generated by ChatGPT. Midway through the document was the statement to “expand on all areas. Be more detailed and specific,” which could have been a prompt directed to the AI chatbot.Stapleton looked at other course materials from that class, including slide presentations, and detected AI use in the form of photos of people with extra limbs and misspelled text. She was taken aback, especially because the course syllabus distributed by her professor, Rick Arrowood, prohibited students from using AI.”He’s…

Step inside the world of work with The Economist’s very own white-collar oracle Source link