Leading stories of the day
OPEC+ has announced a delay in the anticipated resumption of oil supply cuts, reflecting the ongoing challenges within the global crude market as prices continue to struggle. This decision follows a meeting of the…
Mubadala Capital and Temasek's Seviora Holdings are embarking on a collaborative journey to explore investment opportunities in the global market. This…
Saudi Arabia's Public Investment Fund (PIF) has formalized its strategic collaboration with a leading Japanese financial institution through a series of…
Abu Dhabi-based CYVN Holdings is set to acquire the automotive division of the renowned British luxury car manufacturer, McLaren. This significant…
Arabian Post Staff A potential increase in supply could saturate the unfulfilled demand, and lead to lower prices and rents in…
Indonesia’s ambitious Trans Sumatra toll road project is set to receive a significant boost with the support of Abu Dhabi’s ADIA…
A new federal decree-law aimed at overhauling traffic regulations has been enacted by the UAE Government, reflecting a strategic effort to…
The ongoing competition between Dubai and Abu Dhabi to attract wealth managers has intensified, reflecting both emirates' ambitions to establish themselves…
Amid rising geopolitical tensions and ongoing economic sanctions from Western nations, Russia has intensified its push for a clearing and depository…
Mubadala Capital, the asset management arm of Abu Dhabi's sovereign wealth fund, has announced the successful closure of its latest fund,…
Expansion strategies for Lulu Group International are in focus as Chairman Yusuff Ali recently hinted at a potential listing in Saudi…
HSBC has appointed Pam Kaur as its Chief Financial Officer (CFO), marking the first time in its 160-year history that a…
The International Monetary Fund has raised concerns that global markets are underestimating the potential economic impact of geopolitical tensions. Amid signs…
Russia's covert network of oil tankers, often referred to as the “shadow fleet,” has drawn intense scrutiny from Western governments as…
Abu Dhabi is making bold strides to position itself as a global leader in food security by launching a pioneering initiative…
Lulu Group International, one of the Middle East's largest retail conglomerates, is planning to sell a 25% stake in its retail…
Saudi Arabia's next major development, dubbed the "New Murabba," is set to transform Riyadh's skyline with the addition of a futuristic…
BYD, the Chinese electric vehicle (EV) manufacturer, is making significant strides in the global automotive market, solidifying its position as a…
A strategic partnership between UAE-based telecommunications giant e& (formerly known as Etisalat Group) and Amazon Web Services (AWS) has been established,…
A significant shift in global oil prices has occurred, triggered by reports that Israel will not target Iranian energy facilities during…
GITEX Global 2024 has drawn the attention of the global tech community, making Dubai a focal point for innovation and collaboration.…
DP World is moving forward with a $1.3 billion investment in its London Gateway port, reaffirming its commitment to one of…
Growing interest in Dubai as a premier destination for high-net-worth individuals is intensifying discussions about the potential implementation of departure taxes…
Adani Group, led by billionaire Gautam Adani, is reportedly engaged in discussions with a Middle Eastern sovereign wealth fund to secure…
Aldar has unveiled a joint venture to spearhead a $476 million real estate development in Expo City Dubai, marking a significant…
Interest in real estate investment trusts (REITs) within the Gulf Cooperation Council (GCC) is increasing, fueled by favorable economic conditions, including…
Dubai has taken a significant step toward becoming a cashless economy with the launch of the "Dubai Cashless Strategy." This ambitious…
Abu Dhabi has emerged as the wealthiest city globally, boasting sovereign wealth funds (SWFs) that collectively manage assets worth $1.7 trillion.…
