Leading stories of the day
Arabian Post Staff -Dubai Saudi Arabian Oil Company has entered preliminary talks to sell stakes in key export and storage terminals and possibly parts of its real-estate portfolio, aiming to raise over US$10 billion…
US-based artificial intelligence firm Luma AI has secured a $900 million Series C funding round led by Saudi-backed HUMAIN, the AI…
Dubai-based upstream operator Dragon Oil has announced a major new oil discovery offshore Egypt’s Gulf of Suez, a development that industry…
Global alternative asset manager KKR & Co. has inaugurated a new office within the Abu Dhabi Global Market financial district, marking…
Arada, a UAE-based property developer, has secured an 80% stake in the Thameside West project, located in the Royal Docks area…
The launch of the UAE’s Financial Inclusion Strategy has been hailed as a pivotal move in advancing economic access for all,…
Airbus is on the brink of securing a landmark deal with flydubai for the delivery of approximately 100 A321neo jets, marking…
Saudi Arabia’s Public Investment Fund, one of the world’s largest sovereign wealth funds, has drastically reduced its holdings in a range…
Abu Dhabi’s state-owned oil giant, ADNOC, has received a conditional nod from the European Commission for its 14.7 billion euro acquisition…
Abu Dhabi-based Aldar Properties has enhanced its asset portfolio with the acquisition of two prime industrial and logistics properties from a…
Abu Dhabi has made a significant stride in advancing its ambitions to be a global leader in smart and sustainable mobility…
Dubai’s economy has demonstrated remarkable strength in the first half of 2025, with growth surpassing projections and reaffirming the emirate’s status…
Abu Dhabi National Oil Company is poised to significantly ramp up its global trading operations, with plans to increase the volume…
A consortium led by the Abu Dhabi-supported investment firm Aquarian has agreed to acquire the U. S. life insurance and annuity…
The governments of the northern United Arab Emirates have taken a bold step into natural-hydrogen exploration with the collaboration among the…
The Abu Dhabi Investment Authority has secured a 4.7 per cent stake in the initial public offering of India’s investment-platform operator…
Microsoft has announced a commitment to invest approximately $15.2 billion in the United Arab Emirates by the end of 2029, while…
A new initiative unveiled by the Dubai Future Foundation in collaboration with the MIT Senseable City Lab presents a data-intensive approach…
Dubai-listed developer Emaar Properties is sharpening its global expansion strategy by placing a stronger emphasis on India while exercising caution over…
Gold regained momentum as the US dollar’s slide and expectations of a shift in Federal Reserve policy helped lift the metal…
The cancellation of the highly anticipated initial public offering by UAE-based classifieds giant Dubizzle has raised serious concerns about the current…
A partnership between the investment firm Orion Resource Partners, the U. S. International Development Finance Corporation and sovereign investor ADQ has…
Global oil prices climbed sharply following new sanctions targeting Russia’s major producers, underscoring how geopolitical risk is once again reshaping the…
Oil prices shot up by around 3% Thursday, driven by fresh US sanctions on Russia’s top oil producers and signs that…
Dubai-based Emirates NBD PJSC is poised to acquire a 60 per cent stake in India’s RBL Bank via a $3 billion…
Gulf Cooperation Council states are positioning themselves to tap into the projected $2 trillion global sports tourism market by 2030, with…
Multiply Group, the Abu Dhabi investment holding firm, will acquire 2PointZero and Ghitha Holding via a share-swap deal, creating a combined…
European Commission officials are poised to grant approval to Abu Dhabi’s state oil company for its €14.7 billion acquisition of Germany’s…
