Category: Buzz | Arabian Post

Tensions between OPEC+ members are escalating, with Kazakhstan’s defiance in adhering to production quotas leading to renewed volatility in the global oil market. This

A newly inaugurated three-lane bridge in Dubai has significantly reduced travel time between Sheikh Rashid Road and Infinity Bridge, cutting the journey from 12

Hotel Indigo Dubai Downtown is set to host a vibrant celebration of Korean art on 25 April, spotlighting the works of three emerging Korean

Abu Dhabi National Oil Company Group's six publicly traded subsidiaries have secured shareholder approval to distribute a combined $6.7 billion in dividends

Dubai General Properties, a subsidiary of Al Ali Property Investments, has launched Mews Mansions, an ultra-luxury residential project in the Meydan district, with an

Abu Dhabi National Oil Company has finalised two significant liquefied natural gas supply agreements with Chinese firms ENN Natural Gas and Zhenhua

Sobha Realty and Omniyat are exploring dollar-denominated sukuk issuances to bolster their financial strategies in Dubai's evolving real estate landscape. Sobha Realty, a prominent

Oil prices have plummeted to a four-year low, posing significant challenges for Saudi Arabia's budget, which heavily relies on oil revenues to fund its

Dubai has launched the International Sports and Entertainment Zone Authority , marking the world's first dedicated free zone cluster for the sports and entertainment

Global oil demand projections for 2025 have been adjusted downward by the Organization of the Petroleum Exporting Countries , marking the first such revision

Mubadala Energy, the international energy arm of Abu Dhabi's Mubadala Investment Company, has entered the US energy sector by acquiring a 24.1% stake in

Saudi Arabia's leading petrochemical firms are projected to report significant year-on-year declines in net profits for the first quarter of 2025, reflecting ongoing challenges

Dubai has firmly established itself as a gastronomic powerhouse, securing the second position worldwide for restaurant density, trailing only Paris. With an impressive array

The 28th Dubai World Cup concluded with an extraordinary closing ceremony at Meydan Racecourse, captivating over 60,000 spectators with a pioneering display of drone,

SILQ Group, a newly established commerce platform, has secured $110 million in a funding round led by Sanabil Investments, the venture capital arm of

Goldman Sachs has increased the probability of a United States recession in the next 12 months to 45%, aligning with a wave of revised

The Emirate of Ajman has introduced a new law aimed at bolstering investment in its property sector while safeguarding investor rights and enhancing transparency.

Dubai's Roads and Transport Authority has unveiled plans to construct a 1.4-kilometre bridge connecting Bur Dubai to Dubai Islands. The bridge will feature

Saudi Arabia's Capital Market Authority has announced that foreign investors are now permitted to invest in listed companies owning real estate in Mecca

The Dubai International Aquatics Championships are set to feature the open water swimming and water polo competitions this weekend at the Hamdan Sports

President Donald Trump's declaration of "Liberation Day" introduced sweeping tariffs on imports, triggering significant upheaval in global energy markets. The administration announced a baseline

India's $32 billion gems and jewellery industry is facing a significant downturn following the United States' imposition of a 26% reciprocal tariff on Indian

Abu Dhabi's sovereign investor, ADQ, has solidified its position in the logistics sector by acquiring a majority stake in Dubai-listed courier firm Aramex. This

Dubai's ambitious Palm Jebel Ali project is witnessing a significant revival, positioning itself as a prime destination in the global luxury real estate market.

Iran's national currency, the rial, has depreciated to an unprecedented low, trading at 1,039,000 rials per U.S. dollar on Tuesday. This significant decline underscores

The Central Bank of the United Arab Emirates has imposed financial sanctions totalling 2.62 million dirhams on five banks and two insurance

The United Arab Emirates has announced an unprecedented commitment to invest $1.4 trillion in the United States over the next decade, marking a

The United Arab Emirates property market is witnessing a notable influx of foreign institutional investors, marking a significant shift from its earlier reputation

A major fire at an electrical substation in Hayes, west London, has led to the complete closure of Heathrow Airport, causing widespread disruption to

The United States Federal Reserve's monetary policy decisions have a direct impact on the United Arab Emirates' financial landscape, owing to the dirham's peg

The consulting industry in the Gulf Cooperation Council is projected to reach a valuation exceeding $8 billion this year, marking a 12% growth