Author: Arabian Media staff

Young people in the Middle East now prioritise financial security, mental well-being, and personal purpose over traditional career ambitions like corporate promotions or executive titles, according to a new report from Deloitte Global.  The 14th edition of Deloitte’s Gen Z and Millennial Survey is based on responses from more than 23,000 participants across 44 countries and includes detailed insights from the Middle East — one of the world’s youngest regions by demographic. More than 60 per cent of the region’s population is under 30, with two-thirds of Saudi nationals and nearly half of the UAE population falling into this category.…

Image: Supplied As UAE real estate continues its momentum into 2025, new data from UAE-based real estate platform Skyloov reveals the top neighbourhoods capturing attention — and the very different priorities of renters and buyers. The platform, analysed over 44 million search queries and 540 million property views in Q2 2025, offering one of the clearest windows yet into what’s driving real estate decisions across the UAE. Here are the key takeaways from the data: 1. Renters are choosing affordability over flash With rising living costs, particularly in Dubai and Abu Dhabi, affordability has become a top concern for renters.…

Americana Restaurants International, the largest out-of-home dining and quick service restaurant operator in the Middle East & North Africa and Kazakhstan, has confirmed it is in talks to acquire Cravia Inc. The development was reported last week, but wasn’t confirmed by any involved parties at the time. Cravia Inc. has been owned by Fajr Capital, a private equity company, since 2016. It has 78 outlets and more than 2,000 employees. In addition to Five Guys and Cinnabon, it operates or manages brands like Zaatar W Zeit, Seattle’s Best Coffee and Carvel. In a notification with Abu Dhabi Securities Exchange (ADX),…

Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has recently announced a new law concerning the Sharjah Department of Human Resources. Read-Sharjah approves new employee leave policy This law will apply to all employees working in government agencies—even those that currently operate under their own human resources regulations—until new rules are established. These agencies must now share essential employee information, including salary data, with the Department of Human Resources through approved electronic systems. The goal of the law is to align with evolving HR practices and enhance the overall work environment, ultimately benefiting society.…

In an exclusive interview on Arabian Business‘s AB Majlis podcast, the SellAnyCar.com founder revealed his strategy for building the region’s largest marketplaces conglomerate while sharing his unconventional wisdom that true entrepreneurial success requires extraordinary patience. “Building a great company should take decades, not years. If it’s years, you’re pretty much flipping a business. If it’s decades, you’re actually building long-term proven value for the market,” said Yalcin. The Turkish-born entrepreneur challenged the startup world’s obsession with rapid growth and quick exits. “Most of the times, stuff doesn’t work,” he explained. “If you still want to do it, and you can…

Image credit: Getty Images US President Donald Trump announced on Monday a complete ceasefire between Israel and Iran, potentially ending the 12-day war that saw millions flee Tehran and prompted fears of further escalation in the war-torn region. But there was no confirmation from Israel and the Israeli military said two volleys of missiles were launched from Iran towards Israel in the early hours of Tuesday. Read-UAE evacuates citizens and residents from Iran amid rising tensions Witnesses later heard explosions near Tel Aviv and Beersheba in central Israel, where Israeli media reported a building had been struck. Israel, joined by…

Infracorp has launched sales for California Residences, a new AED 600 million residential development located in Wadi Al Safa, Dubai. The project offers a mix of apartments, villas, and townhouses designed around green living principles and community-centric planning. Positioned near major attractions such as Global Village and IMG Worlds of Adventure, California Residences features a gated community with landscaped gardens, a central park, walking trails, and communal facilities intended to promote social interaction and well-being. The launch, which began on 11 June 2025, introduces a range of units starting from AED 1 million, with handover scheduled for Q2 2028. The…

Sharjah has introduced a major new HR law for workers in the emirate. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued a comprehensive new Decree-Law reforming the emirate’s human resources system for all government entities. The new law will apply to every government agency in Sharjah, including those with their own HR frameworks, until updated regulations are established. Sharjah HR laws All entities must now report key employee data, such as salaries and work details, via designated electronic systems approved by the Department of Human Resources. The Decree-Law aims to modernise HR practices,…

FIA President Mohammed Ben Sulayem has concluded an official visit to Japan, reinforcing strategic ties between the Fédération Internationale de l’Automobile (FIA) and Japan amid growing global emphasis on innovation, sustainability, and motorsport development. The visit, hosted by the Japan Automobile Federation (JAF) and its President Masayoshi Sakaguchi, underscored Japan’s expanding influence as a hub for both smart mobility and high-profile racing events. It also reaffirmed Japan’s role as a key partner in advancing the FIA’s long-term goals around safety, sustainability, and access to motorsport. Ben Sulayem held talks with several top government figures, including Prime Minister Shigeru Ishiba, Koji…

Bahrain has announced an official holiday this week. Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, issued a circular regarding the 1447 AH Hijri New Year holiday. According to the circular, the Kingdom’s ministries and public institutions will be closed on the 1st of Muharram, corresponding to Thursday, 26 June 2025. Bahrain announces New Year holiday With Friday and Saturday being a typical weekend for many in the country, it means a three-day break, with workers able to rest from June 26 to 28. Source link