Leading stories of the day
Global oil prices climbed sharply following new sanctions targeting Russia’s major producers, underscoring how geopolitical risk is once again reshaping the energy sector. The United States moved to impose measures against Rosneft and Lukoil,…
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…
Emirates NBD is in advanced negotiations to acquire up to a 25 percent stake in Mumbai-based RBL Bank through a preferential…
Hamas has handed over seven Israeli hostages to the International Committee of the Red Cross, fulfilling the first phase of a…
Dubai-based Dubizzle Group Holdings has unveiled plans to float about 30.34 % of its share capital via an initial public offering…
Cryptocurrency markets endured a historic collapse as leveraged positions were liquidated en masse – over 1.6 million traders wiped out $19.13…
Matein Khalid Private equity and money center banks on Wall Street are in free fall even as the private credit market…
The Government of Sharjah, rated Ba1/BBB–/AAA by Moody’s, S&P and Lianhe respectively, has mandated several major banks to explore a new…
Abu Dhabi’s sovereign wealth fund ADQ has shown preliminary interest in acquiring a majority stake in SAC, the operator of Catania…
Arabian Post Staff -Dubai The Central Bank of the United Arab Emirates has boosted its gold reserves by about 32 percent…
Arabian Post Staff -Dubai Abu Dhabi-based PureHealth Holding has finalised the acquisition of a 60 percent stake in Hellenic Healthcare Group,…
Arabian Post Staff -Dubai Goldman Sachs lifted its December 2026 gold price forecast from $4,300 to $4,900 per ounce, citing strength…
OpenAI chief executive Sam Altman is leading a high-stakes campaign across East Asia and the Middle East to secure investment and…
Arabian Post Staff -Dubai Chinese automakers have revived a barter-style trade with Iran, sending semi-assembled vehicles in exchange for containers of…
OPEC+ delegates are weighing two divergent paths for November oil quotas: a modest lift mirroring October’s 137,000 barrels per day increase…
Hamas has announced that it will free the final Israeli hostages taken in its October 2023 assault on Israel, but insisted…
Saudi Arabia confronts mounting fiscal headwinds as oil revenues falter and large-scale investments under its Vision 2030 agenda intensify strain on…
Goldman Sachs and a subsidiary of the Abu Dhabi Investment Authority have entered into a co-investment alongside PAI Partners in Froneri,…
China’s largest state banks have committed over $3.75 billion in debt financing to Saudi Aramco’s Jafurah gas project, while Chinese investment…
Riyadh has unveiled a bold draft plan to permit all non-resident foreign investors direct access to the main Saudi stock market,…
Gold surged to an unprecedented high on Wednesday, driven by investor flight to safe assets after the United States entered a…
The Central Bank of the UAE and Dubai Finance today formalised an agreement to deepen collaboration in the development of the…
Dubai’s financial regulator has barred HDFC Bank’s Dubai International Financial Centre branch from soliciting, onboarding or servicing new clients, citing compliance…
Dubai has secured a position among the world’s top four FinTech centres, according to the latest Global Financial Centres Index published…
The UAE Ministry of Finance, acting as issuer with the Central Bank of the UAE as issuing and payment agent, has…
Abu Dhabi is marketing a three-year and a 10-year US dollar Reg S/144A bond offering, aiming to capitalise on robust investor…
