For those asking what life looks like after stepping back from the royal family, Prince Harry has an answer – he is to become chief impact officer of coaching and mental health firm BetterUp Inc.
His new role is expected to focus on product strategy decisions and charitable contributions, as well as advocating publicly on topics related to mental health, according to the Wall Street Journal.
“I intend to help create impact in people’s lives,” Harry told the US newspaper. “Proactive coaching provides endless possibilities for personal development, increased awareness, and an all-round better life.”
This is not the first project the Duke of Sussex has undertaken with a focus on mental health – he has previously created an Apple TV+ series with Oprah Winfrey and was part of Heads Together, a mental health initiative spearheaded with the Duke and Duchess of Cambridge.
Harry, 36, and Meghan, 39, sent shockwaves through the monarchy in January 2020 when they announced their intention to step back from royal duties and embark on a new life across the Atlantic.
Last month, Buckingham Palace announced that Harry and Meghan had made a final split with the royal family, and would not be returning as working members and would lose their patronages.
Additional reporting by Reuters
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What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
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Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
Glossary of a stock market revolution
Reddit
A discussion website
Redditor
The users of Reddit
Robinhood
A smartphone app for buying and selling shares
Short seller
Selling a stock today in the belief its price will fall in the future
Short squeeze
Traders forced to buy a stock they are shorting
Naked short
An illegal practice
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
