Sarabeth's makes a delicious debut in Abu Dhabi
Abu Dhabi is buzzing with amazing dining destinations. From fine-dining restaurants to cosy cafes, there are tons to explore — and there's always room for more. This time, it's New York's beloved Sarabeth's that has officially opened its doors in Abu Dhabi.
Located at Sunrise Residences on Saadiyat Island, Sarabeth's promises comfort food and a cosy ambiance. Whether you're looking for a lazy brunch, a dinner, or a casual coffee catch up, this spot has you covered.
Step inside and you'll be welcomed by a warm, minimalist setting that's effortlessly elegant. Expect soft hues of beige and white, spaces filled with natural light, and textures that give just the right amount of depth. And if you want to dine al fresco, the outdoor terrace has you sorted. Overlooking the water, it's a great spot for a laid-back bite or a catch up with friends.
Sarabeth's food is all the rave. Their all-day breakfast lineup features signature dishes like Buttermilk Waffles, Classic Pancakes and Fat and Fluffy French Toast to name a few. The restaurant also offers Atlantic Salmon, Mascarpone Stuffed Chicken, Lamb Shank, Fish and Chips and much more to keep you feeling healthy yet full.
Sarabeth's was founded in 1981 by Sarabeth Levine. She began her business in a small New York City apartment with a family recipe for Orange Apricot Marmalade, which quickly transformed into a culinary empire. Today, Sarabeth's has outposts across the globe — in the US, Canada, Japan, South Korea, and beyond. In Saudi Arabia, you'll find it at Riyadh's Bujairi Terrace and Dubai's City Walk — making the brand-new Abu Dhabi location an exciting expansion.
So if you're a long-time fan or a first-timer who's curious, make your way to Sarabeth's in Abu Dhabi now. It's poised to become a favourite spot in the capital soon.
GO: Visit https://sarabeth.ae/ for more information.
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"The data are consistent with the economy expanding at a 2.5% annualized rate, up from the average 1.3% expansion seen over the first two quarters of the year." The gains didn't come without hiccups, though. Both the services and manufacturing sectors saw their second-largest monthly input price increase since January 2023. 'The resulting rise in selling prices for goods and services suggests that consumer price inflation will rise further above the Fed's 2% target in the coming months," Williamson said. US economic output hit an eight-month high in August while activity in the manufacturing sector reached its highest level in more than three years. S&P Global's flash US composite PMI survey, which captures activity in both the services and manufacturing sectors, came in at 55.4 in August, up from 55.1 in July. Increased factory activity drove the gains: The preliminary manufacturing PMI reading rose to 53.3, its highest level in 39 months. Meanwhile, the service PMI reading declined to 55.4 in August, down slightly from 55.7 and marking a two-month low for the index. 'A strong flash PMI reading for August adds to signs that US businesses have enjoyed a strong third quarter so far," S&P Global Market Intelligence chief business economist Chris Williamson said in the release. "The data are consistent with the economy expanding at a 2.5% annualized rate, up from the average 1.3% expansion seen over the first two quarters of the year." The gains didn't come without hiccups, though. Both the services and manufacturing sectors saw their second-largest monthly input price increase since January 2023. 'The resulting rise in selling prices for goods and services suggests that consumer price inflation will rise further above the Fed's 2% target in the coming months," Williamson said. The Dow leads stocks down at the open US stocks fell on Thursday after Walmart (WMT) earnings came in below expectations and weekly jobless claims came in higher than expected to hit the highest level since June. The Dow Jones Industrial Average (^DJI) dropped nearly 0.6%, while the S&P 500 (^GSPC) moved down more than 0.4%. The tech-heavy Nasdaq Composite (^IXIC) also backed off about 0.4%. US stocks fell on Thursday after Walmart (WMT) earnings came in below expectations and weekly jobless claims came in higher than expected to hit the highest level since June. The Dow Jones Industrial Average (^DJI) dropped nearly 0.6%, while the S&P 500 (^GSPC) moved down more than 0.4%. The tech-heavy Nasdaq Composite (^IXIC) also backed off about 0.4%. US weekly jobless claims rise to highest since June Americans filing claims for jobless benefits rose to 235,000 for the week of Aug. 15, the largest increase since late May. Economists expected 225,000 jobless claims to be filed. Meanwhile, continuing claims jumped to 1.97 million, greater than the 1.96 million anticipated, in a sign that Americans without jobs are finding it difficult to get a new one. Read more here. Americans filing claims for jobless benefits rose to 235,000 for the week of Aug. 15, the largest increase since late May. Economists expected 225,000 jobless claims to be filed. Meanwhile, continuing claims jumped to 1.97 million, greater than the 1.96 million anticipated, in a sign that Americans without jobs are finding it difficult to get a new one. Read more here. Boeing stock rises on potential sale of 500 jets to China Boeing (BA) stock rose 1.5% in premarket trading after Bloomberg reported the company is in talks to sell up to 500 jets to China. The potential sale would mark China's largest purchase of Boeing aircraft since President Trump's visit to the country in 2017. But it's contingent on trade tensions between the US and China abating. Earlier this year, Boeing was caught in the center of the trade war between the US and China. In April, China banned deliveries of the company's planes during the height of tariff escalation but removed the ban in May. Read more here. Boeing (BA) stock rose 1.5% in premarket trading after Bloomberg reported the company is in talks to sell up to 500 jets to China. The potential sale would mark China's largest purchase of Boeing aircraft since President Trump's visit to the country in 2017. But it's contingent on trade tensions between the US and China abating. Earlier this year, Boeing was caught in the center of the trade war between the US and China. In April, China banned deliveries of the company's planes during the height of tariff escalation but removed the ban in May. Read more here. Disney's new ESPN streaming service has arrived, ushering in new era for sports and the cable bundle Yahoo Finance's Allie Canal reports: Read more here. Yahoo Finance's Allie Canal reports: Read more here. The tech trade hits pause ahead of Nvidia earnings Tech stocks remain on shaky ground after concerns about the AI trade caused them to slip again on Wednesday. And while the tech pullback wasn't anywhere close to a DeepSeek moment, Yahoo Finance's Hamza Shaban writes, Wall Street did seem alarmed by a handful of pessimistic headlines. Hamza explains the Street's discontent with tech in today's Morning Brief: Read more here. Tech stocks remain on shaky ground after concerns about the AI trade caused them to slip again on Wednesday. And while the tech pullback wasn't anywhere close to a DeepSeek moment, Yahoo Finance's Hamza Shaban writes, Wall Street did seem alarmed by a handful of pessimistic headlines. Hamza explains the Street's discontent with tech in today's Morning Brief: Read more here. Walmart stock falls after earnings miss forecasts as US sales, 2025 outlook rise Walmart (WMT) stock slid after the big-box retailer's Q2 earnings fell shy of Wall Street's expectations, even after its US sales growth beat forecasts as shoppers embraced its low prices. Yahoo Finance's Brooke DiPalma reports: Read more here. Walmart (WMT) stock slid after the big-box retailer's Q2 earnings fell shy of Wall Street's expectations, even after its US sales growth beat forecasts as shoppers embraced its low prices. Yahoo Finance's Brooke DiPalma reports: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week of Aug. 16); S&P Global US manufacturing PMI (August preliminary) S&P Global US services PMI; Existing home sales (July) Earnings: Walmart (WMT), Intuit (INTU), Workday (WDAY), Ross Stores (ROST), Zoom (ZM) Here are some of the biggest stories you may have missed overnight and early this morning: Walmart shares slip after earnings miss the mark Disney's era-ending ESPN sports streaming has arrived Fed governor Cook responds after Trump says she 'must resign' The tech trade has a wobble ahead of Nvidia earnings Short sellers reap over $5 billion as AI fears roil market El-Erian: Powell is walking a tightrope at Jackson Hole Goldman: It's time to buy the dip in momentum stocks Meta freezes AI hiring as Wall Street eyes the cost Musk must face fraud lawsuit over 2024 election sweepstakes Tencent's 'Valorant' tops iPhone chart with $1 million debut Economic data: Initial jobless claims (week of Aug. 16); S&P Global US manufacturing PMI (August preliminary) S&P Global US services PMI; Existing home sales (July) Earnings: Walmart (WMT), Intuit (INTU), Workday (WDAY), Ross Stores (ROST), Zoom (ZM) Here are some of the biggest stories you may have missed overnight and early this morning: Walmart shares slip after earnings miss the mark Disney's era-ending ESPN sports streaming has arrived Fed governor Cook responds after Trump says she 'must resign' The tech trade has a wobble ahead of Nvidia earnings Short sellers reap over $5 billion as AI fears roil market El-Erian: Powell is walking a tightrope at Jackson Hole Goldman: It's time to buy the dip in momentum stocks Meta freezes AI hiring as Wall Street eyes the cost Musk must face fraud lawsuit over 2024 election sweepstakes Tencent's 'Valorant' tops iPhone chart with $1 million debut Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Gas power plants approved for Meta's $10B data center, and not everyone is happy
When Meta selected a site in Louisiana for its largest data center to date, it signed a deal with Entergy to power the site with three massive natural gas power plants. Yesterday evening, a state regulator approved Entergy's plans. The power plants are expected to come online in 2028 and 2029, and at full strength, they'll generate 2.25 gigawatts of electricity. Ultimately, the AI data center could draw 5 gigawatts of power as its expanded. The power plant project has been controversial among Louisianans. One industry-affiliated group is concerned that Meta and Entergy will receive special treatment for a second part of the data center project, which involves building 1.5 gigawatts of solar power across the state, the Louisiana Illuminator reports. The group was formed by large companies, including Dow Chemical, Chevron, ExxonMobil, and others after they struggled to procure renewable power for their own operations. The other issue is that Meta's deal with Entergy lasts for 15 years, and at least one Louisiana Public Service Commission member expressed concern that ratepayers will take on the cost after the contract expires. Natural gas power plants typically operate for 30 years or more. Plus, power projects of this size tend to run over budget, according to the Union of Concerned Scientists, and ratepayers are often left with the bill. Ratepayers will also pay for a $550 million transmission line running to the data center, the organization said. Meta has been on a renewable power-buying spree, including a 100-megawatt purchase announced this week. However, these natural gas generators will make the company's 2030 net zero pledge significantly harder to achieve, locking in carbon dioxide emissions for decades to come. To offset the pollution on its balance sheet, Meta will have to buy credits from carbon removal projects. Sign in to access your portfolio
