Leading stories of the day
Abu Dhabi’s Mubadala Investment Company has made a significant move by writing off its 9.9% stake in Thames Water, marking a pivotal moment for both the investment firm and the struggling utility company. This…
Wynn Resorts has officially received the first gaming license ever granted in the United Arab Emirates (UAE), marking a pivotal moment…
Family offices are playing a transformative role in Abu Dhabi's economic landscape, driving diversification and growth across various sectors. Representing a…
The International Monetary Fund (IMF) has raised serious concerns over the potential economic fallout from the escalating conflict in the Middle…
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.…
Growing concerns surrounding geopolitical instability in the Middle East are contributing to heightened volatility in the oil markets, as traders anticipate…
Marex Group, a prominent global financial services firm, has announced its decision to acquire Aarna Capital, a leading asset management company…
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…
