Leading stories of the day
Dubai’s booming real estate market reached a record-breaking milestone in Q3 2024, posting an unprecedented $38.6 billion (Dh141.9 billion) in sales. This new benchmark represents the highest quarterly sales in the city’s history, surpassing…
G42, a prominent technology holding group based in Abu Dhabi, has reportedly decided to halt a significant investment partnership with Ray…
Oil-producing nations in the OPEC+ alliance have decided to maintain the current output policy following a key meeting. The gathering of…
Over 80 flights have been diverted following a missile attack by Iran on Israeli territory, marking a significant escalation in tensions…
Efforts by OPEC+ to stabilize the global oil market have gained renewed focus, as UAE's Minister of Energy and Infrastructure, Suhail…
Abu Dhabi National Oil Company (Adnoc) has successfully concluded a significant acquisition, purchasing Covestro, the prominent German chemicals manufacturer, for an…
Crude oil prices have experienced a significant downturn, dropping approximately 17% in the third quarter of this year. This decline, marked…
Abu Dhabi’s housing market has experienced its sharpest rise in rental prices in over a decade, driven by an intensifying demand…
Global Surfaces, a key player in the artificial quartz market, has inaugurated a manufacturing facility in the Jebel Ali Free Zone…
Foreign direct investment (FDI) into artificial intelligence is seeing significant growth, with Dubai and the broader AI sector playing pivotal roles…
A strategic pivot is unfolding in Saudi Arabia's oil policy, as the kingdom plans to move away from its unofficial target…
Citi has joined forces with Apollo Global Management and Mubadala Investment Company to establish a $25 billion private credit program aimed…
Abu Dhabi’s wealth fund, ADQ, has successfully raised $2 billion via an international bond issuance, marking a pivotal move for the…
Uber has announced a strategic partnership with WeRide, a self-driving technology company based in China, to introduce autonomous vehicles to Abu…
Investment flows from the Middle East into China have surged to unprecedented levels, reflecting an evolving economic partnership driven by substantial…
Microsoft has officially announced the establishment of its first engineering development center in the Arab world, located in Abu Dhabi. This…
President Joe Biden has officially designated the United Arab Emirates as a major defense partner of the United States, solidifying the…
Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Vice-President of the UAE, has given the go-ahead for a $2.7…
Arabian Post Staff -Dubai Global semiconductor powerhouses TSMC and Samsung Electronics are reportedly exploring significant chip manufacturing ventures in the United…
MGM Resorts, one of the world’s most prominent gaming and hospitality operators, has officially confirmed plans to expand its reach into…
The Qatar Investment Authority (QIA) is intensifying its global investment strategy, focusing on major markets in Australia, South Korea, and Southeast…
Strategic economic discussions are at the forefront of the United Arab Emirates' diplomatic agenda as officials prepare for President Mohamed bin…
Stonepeak Infrastructure Partners, a leading US-based investment firm with assets totaling $71 billion, has announced its strategic expansion into Abu Dhabi.…
Arabian Post Staff -Dubai Dubai, Abu Dhabi, and Riyadh are on track to become major global hubs for the ultra-wealthy, according…
Arabian Post Staff -Dubai A groundbreaking collaboration between Abu Dhabi-based MGX, Microsoft, and BlackRock is set to redefine the landscape of…
Government of Ajman has signed a Memorandum of Understanding (MoU) with China National Electric Engineering Co. Ltd. (CNEEC), a subsidiary of…
Dubai is gearing up to transform urban transportation with the introduction of fully electric flying taxis, expected to be operational by…
Hong Kong is actively courting affluent investors from the Gulf region to rejuvenate its status as a leading wealth-management center. This…