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Saudi Arabia's Vision 2030 is empowering women to become key players in the economy, with nearly half planning to start businesses in the next three years. As female investors rise, they are reshaping the financial landscape, proving that gender equality can significantly boost GDP and drive economic transformation. Continuous investment in women's leadership and access to capital is essential for sustaining this momentum.
Israeli companies are increasingly outsourcing tech roles to Eastern Europe, with a 37% rise in hiring since 2020, driven by high local salaries and a talent shortage. Despite cultural alignment, experts warn that outsourcing alone won't solve retention issues, which are exacerbated by high turnover rates and the need for flexible work arrangements. To retain talent, organizations must implement structured belonging mechanisms and recognize that flexibility is now a fundamental expectation in the competitive tech landscape.
UBS has implemented new office attendance rules requiring employees to be on-site at least three days a week, monitored through a digital dashboard. While the bank claims this aims to enhance collaboration, internal criticism arises over concerns that attendance may affect bonus payments. Compared to competitors like JPMorgan and Goldman Sachs, UBS's hybrid model is seen as more flexible, though it still faces pushback due to space issues at some locations.
The Dubai Department of Economy and Tourism, alongside the Dubai Centre for Family Businesses, has launched a guidebook to enhance the regulation and sustainability of family businesses in the emirate. This publication outlines governance structures, succession planning, and legal frameworks, while also detailing registration procedures under the UAE Family Business Law. The initiative aims to bolster the economic contribution of family businesses, which play a vital role in job creation and investment, aligning with the Dubai Economic Agenda D33's goal of doubling the emirate's economy by 2033.
UBS is implementing stricter office attendance rules, requiring employees to be in the office at least three days a week, which has raised concerns about potential impacts on bonuses. A new digital dashboard monitors compliance, leading to anxiety among staff regarding their performance assessments. As job cuts loom following the Credit Suisse takeover, uncertainty within the workforce is growing.
Dubai's short-stay rental market has experienced significant growth over the past three years, catering to both holidaymakers and new residents exploring long-term housing options. The demand from business travelers remains strong, contributing to the market's resilience despite signs of a slowdown for property investors and landlords.
Elon Musk's Starbase in Texas is on the verge of official incorporation, covering 1.6 sq miles and home to around 500 residents. If approved, Bobby Peden, a SpaceX vice-president, will become the first mayor, and the city will have the authority to levy property taxes and manage local highway closures during rocket launches.
Warren Buffett and Berkshire Hathaway are preparing for significant changes across their businesses, including the impact of artificial intelligence. Despite recent stock market fluctuations, Buffett sees continued investment opportunities in equities over real estate. Ajit Jain, Vice Chairman of Insurance Operations, acknowledges AI's potential but notes that the company has not yet made substantial investments in this area, preferring to remain ready for future opportunities.
Warren Buffett brought his signature humor to the 2025 Berkshire Hathaway Annual Meeting, sharing market insights alongside lighthearted quips. Notably, he humorously revealed his longevity secret, holding two cans of Coca-Cola and poking fun at his unconventional diet and exercise habits.
The Berkshire Hathaway annual shareholder meeting in Omaha, dubbed “Woodstock for Capitalists,” is a vibrant event where corporate formalities give way to engaging discussions and memorable moments. Highlights include Warren Buffett's surprising airline stock sell-off in 2020, a friendly ping-pong match with Bill Gates, and Charlie Munger's candid remarks on Bitcoin. The 2023 meeting was particularly poignant as Buffett paid tribute to Munger, reflecting on their 60-year partnership and Munger's significant impact on the investment community.
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Saudi women driving economic transformation and innovation in Vision 2030 era
09:37 05.05.2025
Israel's tech sector faces talent drain prompting shift to offshore teams
09:20 05.05.2025
UBS implements digital attendance monitoring amid employee concerns over bonuses
09:10 05.05.2025
Dubai unveils guidebook to enhance family business governance and sustainability
09:03 05.05.2025
ubs implements office attendance monitoring raising employee concerns over bonuses
UWS JP Morgan EM A OSB
Deutsche Bank RV Global PP
Credit Suisse Real Estate Fund Siat
The Goldman Sachs Group, Inc.
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05:31 05.05.2025
short-stay rental market in dubai shows signs of slowdown for investors
02:45 05.05.2025
elon musk's starbase city in texas on verge of official status
23:13 03.05.2025
Berkshire Hathaway prepares for transformative changes across its diverse businesses
23:09 03.05.2025
warren buffett shares humor and insights at 2025 berkshire annual meeting
20:06 03.05.2025
Berkshire Hathaway annual meeting highlights surprises tributes and memorable moments
14:18 03.05.2025
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