分类: business

  • Here’s why women are increasingly investing in cryptocurrency

    Here’s why women are increasingly investing in cryptocurrency

    The cryptocurrency world, long dominated by men, is witnessing a transformative shift as women increasingly enter the space, bringing with them a fresh perspective rooted in emotional intelligence and accessibility. This evolution was highlighted during a women-led crypto workshop in Dubai, where the atmosphere was notably calm and supportive—a stark contrast to the often aggressive and male-centric environments typically associated with crypto. A simple yet symbolic moment occurred when an instructor advised against placing a purse on the floor, citing it as ‘bad energy.’ This seemingly minor comment underscored a broader cultural shift in the industry. For years, the crypto journey for many women has been navigated in isolation, with male figures dominating the landscape—from investors and influencers to educators and community leaders. However, this dynamic is changing. In September, the author joined a global crypto community founded by a female engineer, which has become a sanctuary for hundreds of women worldwide. This community emphasizes understanding the mechanics of blockchain and tokenization while incorporating emotional and intuitive approaches to investing. The author’s experience in this space has been profoundly different, marked by honesty, vulnerability, and a focus on learning rather than hype. Women in crypto are not only breaking barriers but also reshaping the industry to be more inclusive and emotionally intelligent. Their presence is crucial as the world moves toward a future where nearly anything can be tokenized and invested in through blockchain. The rise of women in crypto is not just about gender equality; it’s about creating a more balanced, thoughtful, and accessible financial ecosystem for all.

  • UAE: H&M bets on physical shops to win over Gen-Z in Middle East as Dubai Mall store re-opens

    UAE: H&M bets on physical shops to win over Gen-Z in Middle East as Dubai Mall store re-opens

    In a bold move to reclaim its position as a fashion leader, H&M has reopened its flagship store in Dubai Mall, targeting the Gen-Z demographic in the Middle East. The Swedish retailer, caught between premium brands like Zara and budget competitors such as Shein, is betting on its physical stores to differentiate itself. The newly revamped store features interactive fitting rooms, self-checkout systems, and a curated selection of beauty brands like By Mina Al Sheikhly and NYX, designed to appeal to younger consumers. To mark the occasion, H&M turned the Burj Khalifa red and offered exclusive gifts to the first 300 guests, including mystery boxes with gift cards and beauty bags. This strategy aligns with H&M’s global initiative to transform 250 stores into boutique-like spaces, emphasizing open layouts and modern aesthetics. Despite the rise of e-commerce, H&M’s focus on in-store experiences reflects a broader trend of consumers valuing physical retail. The move also highlights the growing competition in the Middle East’s fast fashion market, with Primark set to open three UAE stores next year. However, the absence of a strong local fashion player leaves the door open for H&M to solidify its presence in the region.

  • Qingdao conference promotes fair and rational global economic order

    Qingdao conference promotes fair and rational global economic order

    The Global Business and Law Conference 2025, held in Qingdao, Shandong Province, brought together over 1,000 participants from 47 countries and regions to address the pressing need for a fair and rational global economic order. Against the backdrop of global uncertainty, officials and experts emphasized the importance of strengthening the international rule of law to stabilize global industrial and supply chains and tackle economic challenges collectively. Ren Hongbin, Chairman of the China Council for the Promotion of International Trade (CCPIT), urged business and legal communities worldwide to respect established international trade and investment practices. He highlighted the need for constructive dialogue to align international rules in areas such as intellectual property, digital economy, and green standards. Ren also stressed the importance of reducing trade barriers and fostering global industrial cooperation to safeguard free trade and economic globalization. Li Mingzheng, Vice-Minister of the Ministry of Justice, outlined China’s efforts to create a stable legal environment for economic development. These measures include advancing legislation on arbitration, maritime affairs, and foreign investment, as well as revising customs and foreign trade laws. Additionally, Chinese law firms have established 207 branches in 37 countries, showcasing progress in legal services sector openness. El Hadji Abdourahmane Ndione, Chair of the ISO Committee on Developing Country Matters, emphasized that global governance reform should prioritize fairness, openness, and shared responsibility. The conference, now in its third year, continues to play a pivotal role in fostering consensus and cooperation in global governance and economic openness.

  • Watch: ‘This is not good’ – Airline travellers react to flight reductions

    Watch: ‘This is not good’ – Airline travellers react to flight reductions

    As the federal government shutdown continues, airports across the United States are facing significant challenges due to a shortage of air traffic controllers. This staffing crisis has led to widespread flight reductions, leaving travelers frustrated and concerned. ‘This is not good,’ remarked one passenger, echoing the sentiments of many who are experiencing delays and cancellations. The situation highlights the broader impact of the shutdown on critical infrastructure and public services. Airlines are scrambling to adjust schedules, but the uncertainty surrounding the shutdown’s duration leaves both carriers and passengers in limbo. Industry experts warn that prolonged disruptions could have lasting effects on the aviation sector and the economy at large.

  • Dubai: Over 680,000 parking fines issued in Q3; Parkin posts record net profit

    Dubai: Over 680,000 parking fines issued in Q3; Parkin posts record net profit

    Dubai’s parking management company, Parkin, has announced a record-breaking net profit of Dh157 million for the third quarter of 2025, marking a 50% increase compared to the same period in 2024. This financial milestone was driven by a 43% rise in total revenues, which reached Dh343.3 million, fueled by variable parking tariffs, expanded operational coverage, and a significant increase in seasonal card sales. The company issued over 682,000 parking fines during Q3 2025, a 63% surge from the previous year, attributed to heightened customer activity, an expanded parking network, and enhanced enforcement technologies. Seasonal card sales skyrocketed by 126%, reaching 81,000 units, as customers sought better value following the introduction of variable parking tariffs in April 2025. Parkin also expanded its parking portfolio, increasing the total number of spaces by 6% to 219,000, with public parking spaces rising by 7% to 192,100. The company’s CEO, Mohamed Abdulla Al Ali, highlighted strategic partnerships and innovations, including a collaboration with CAFU to offer on-demand fuel and car wash services, as key contributors to future revenue growth.

  • What does Elon Musk do with all his money?

    What does Elon Musk do with all his money?

    Elon Musk, the CEO of Tesla and SpaceX, made history in October by becoming the first person to achieve a net worth exceeding $500 billion. Despite this astronomical wealth, Musk has consistently maintained a surprisingly modest lifestyle. In 2021, he revealed that he resides in a $50,000 prefabricated home in Texas, near SpaceX’s Starbase facility. His former partner, Grimes, echoed this sentiment in a 2022 interview with Vanity Fair, stating that Musk often lives “below the poverty line” and once refused to replace a mattress with a hole in it. However, Musk’s frugality in daily life contrasts sharply with his penchant for extravagant purchases, such as his $44 billion acquisition of Twitter in 2022 and his collection of unique vehicles, including a James Bond-inspired Lotus Esprit submarine car. Musk’s real estate journey has been equally intriguing. After amassing a $100 million portfolio of seven Bel-Air properties, he announced in 2020 that he would sell nearly all his physical possessions to focus on his Mars and Earth endeavors. He retained one exception: the former home of actor Gene Wilder, which he later reclaimed in 2025 after the buyer defaulted on payments. Musk’s philanthropic efforts have also drawn attention. While he has donated billions to various causes, critics argue that his charity work is often self-serving, with significant tax benefits and donations to organizations linked to his businesses. Musk defends his ventures as inherently philanthropic, claiming that Tesla, SpaceX, and Neuralink are advancing humanity’s progress. Despite his immense wealth, Musk’s lifestyle remains unconventional, often rotating through friends’ spare bedrooms during his travels.

  • Beijing launches program to foster international entrepreneurship

    Beijing launches program to foster international entrepreneurship

    Beijing has unveiled a groundbreaking initiative to foster international entrepreneurship, marking a significant step in attracting global talent to China’s business landscape. The International Talent Co-founder Program (ITCP), launched on November 4, 2025, in Chaoyang district, is designed to empower foreign innovators to establish and expand their ventures in China. The program, initiated at the Wangjing Overseas Students Pioneer Park, is a collaborative effort involving government agencies, universities, and enterprises. It aims to provide tailored support to overseas entrepreneurs, addressing common hurdles such as navigating local policies and accessing essential business resources. In tandem with the ITCP launch, the International Student Entrepreneurship Development Center was established in partnership with several universities. This center is tasked with identifying and nurturing high-potential foreign entrepreneurial talent from the early stages of their academic journey. The initiative underscores Beijing’s commitment to creating a conducive environment for international business growth and innovation.

  • E-Home Movers expands office relocation services to power Dubai’s business growth

    E-Home Movers expands office relocation services to power Dubai’s business growth

    E-Home Movers & Packers, a leading Dubai-based moving company, has announced a significant expansion of its corporate relocation services to cater to the increasing demand for efficient, secure, and technology-driven office moves. This strategic enhancement aims to support Dubai’s rapidly growing business environment by offering end-to-end solutions that minimize disruptions during corporate relocations. The upgraded service includes meticulous planning, secure handling of sensitive equipment, and flexible scheduling to accommodate businesses of all sizes. A spokesperson for E-Home Movers emphasized the company’s commitment to providing seamless relocations, stating, ‘As Dubai’s business landscape evolves, companies require dependable partners to ensure smooth transitions. Our enhanced services are tailored to meet these needs with precision and confidence.’ Key features of the expanded service include dedicated teams for large-scale moves, secure packaging for sensitive items, and transparent pricing. With Dubai experiencing a surge in office expansions, particularly in areas like Business Bay and Downtown Dubai, E-Home Movers is positioning itself as a trusted leader in corporate relocations. The company is also investing in advanced technology, such as GPS-tracked vehicles and real-time move tracking, to enhance efficiency and safety. Beyond corporate services, E-Home Movers continues to expand its residential moving offerings, combining technology with personalized customer care. Looking ahead, the company plans to extend its services to other Emirates and introduce eco-friendly packing materials as part of its sustainability initiatives, further solidifying its reputation as a forward-thinking mover in the UAE.

  • Park Properties hosts exclusive real estate evening showcasing Ajman Creek Towers

    Park Properties hosts exclusive real estate evening showcasing Ajman Creek Towers

    Park Properties recently hosted an exclusive real estate evening at the luxurious Bahi Ajman Palace, gathering top brokers, investors, and media representatives to celebrate excellence and growth in the UAE property market. The event served as a strategic networking platform, uniting key players in the real estate and investment sectors. Attendees gained valuable insights into Park Properties’ expanding portfolio, with a special focus on the flagship development, Ajman Creek Towers, which promises to redefine affordable waterfront living in the Emirates. Positioned as the most affordable waterfront property in the UAE, Ajman Creek Towers offers an eight per cent commission payable within 30 days and a one per cent monthly payment plan, ensuring quick returns and sustainable profitability for investors. To further incentivize its partner ecosystem, Park Properties announced limited-time rewards, including two Jetours for top-performing agencies and brokers, valid until December 31, 2025, and a gold coin offer available until November 15, 2025. The evening featured presentations by the company’s leadership team, including CEO Muhammad Asif Abdul Jabbar, who emphasized the company’s mission to empower brokers and investors with projects that deliver value, credibility, and long-term growth. The event also highlighted Glam Residence, a ready-to-move-in property in Al Zorah’s Golf Course Community, showcasing Park Properties’ commitment to offering diverse investment options. With over 750 brokers and industry professionals in attendance, the event underscored the growing trust and enthusiasm for Park Properties’ developments, solidifying its reputation as a trusted and performance-driven real estate developer in the UAE.

  • India’s top court says Air India crash report does not insinuate anything against pilot

    India’s top court says Air India crash report does not insinuate anything against pilot

    India’s Supreme Court has clarified that a preliminary report on the tragic Air India crash in June, which claimed 260 lives, does not implicate the pilot in any wrongdoing. The court announced this on Friday, November 7, 2025, while agreeing to hear a plea from the pilot’s father, Pushkar Raj Sabharwal, on November 10. The 91-year-old has demanded an independent investigation led by a panel of aviation experts and overseen by a retired Supreme Court judge. This follows his criticism of the government’s initial probe, which he claims implied his son, Captain Sumeet Sabharwal, deliberately cut the plane’s fuel supply after takeoff. The government has refuted these allegations, describing its investigation as ‘very clean’ and ‘thorough.’ Earlier this year, India’s Aircraft Accident Investigation Bureau released an interim report stating that the plane’s fuel engine switches had simultaneously moved from ‘run’ to ‘cutoff’ shortly after takeoff. The case continues to draw significant attention as the court prepares to address the plea for an independent inquiry.