Category: Latest Updates

Arabian Post Staff -DubaiAbu Dhabi has test-launched the country’s first hybrid rocket developed entirely within the UAE, signalling a significant advance in its ambition to build an indigenous space technology base. The Technology Innovation Institute confirmed that the rocket’s propulsion system was fully designed, manufactured, integrated and operated by Emirati engineers, a development officials described as a pivotal step towards sovereign launch capability.The suborbital test, conducted at a secure desert site, focused on validating a hybrid propulsion architecture that

Arabian Post Staff -DubaiRed Sea Museum will open a major exhibition titled Sunken Treasures: The Maritime Heritage of the Red Sea on February 25, running until May 29, 2026, placing centuries of seafaring history at the centre of Saudi Arabia’s expanding cultural agenda.Organised by the Museums Commission under the Ministry of Culture, the showcase is set to feature artefacts recovered from shipwrecks, navigational tools, archival material and interactive displays that trace commercial and cultural exchange across one of the

Arabian Post Staff -Dubai Supy, the Dubai-based provider of AI-driven inventory management, procurement and business intelligence software for multi-branch restaurant operators, has reported that its revenue more than tripled in 2025 as demand for data-powered back-of-house technology accelerates across the Middle East and beyond. The company, founded in 2021 and now operating in over 30 countries, described the performance as reflecting strong uptake of cloud-based restaurant systems that help chains control costs and streamline operations across sites.The company’s revenue

Arabian Post Staff -Dubai AD Ports Group has reported a sharp rise in revenue and profit for the year ended 31 December 2025, underlining the resilience of Abu Dhabi’s maritime and logistics sector amid shifting global trade patterns.Preliminary unaudited results released on Friday show revenue climbed 20 per cent year on year to AED20.8 billion, while net profit rose 17 per cent to AED2.1 billion. Earnings before interest, tax, depreciation and amortisation increased 12 per cent to AED5.1 billion, delivering

Arabian Post Staff -DubaiCristiano Ronaldo returned to Al Nassr’s starting line-up on Saturday night and marked the occasion with the opening goal in a 2-0 victory over Al Fateh, reinforcing his influence on the Riyadh club’s title ambitions.Back in action after missing the previous fixture, the Portugal captain needed little time to reassert himself. Leading the line with customary authority, Ronaldo broke the deadlock in the first half, converting a well-worked move to give Al Nassr control of proceedings.

Arabian Post Staff -Dubai Orient Insurance posted a net profit of AED 836 million for 2025, marking a 14.4 per cent rise from the previous year, as the Dubai-based insurer strengthened underwriting performance and investment income amid steady demand across the UAE and Gulf markets.The company, part of the Al-Futtaim Group, said its annual financial results reflected disciplined risk management, prudent reserving and a diversified portfolio spanning motor, medical, property, engineering and marine insurance. Gross written premiums and total assets

Arabian Post Staff -DubaiSaudi Arabia has stepped up efforts to localise vaccine and pharmaceutical manufacturing, with Industry and Mineral Resources Minister Bandar Alkhorayef holding high-level talks in Lyon aimed at accelerating biopharmaceutical production within the Kingdom.During meetings with Thomas Triomphe, Executive Vice President and Head of Vaccines at Sanofi, the minister explored pathways for industrial collaboration that would anchor advanced vaccine manufacturing in Saudi Arabia. The discussions centred on technology transfer, research partnerships and the development of local production

OPEC+ is signalling a shift back to increasing oil output from April as producers prepare for stronger demand through the summer months, according to multiple officials and industry delegates ahead of a key March meeting. The coalition, led by core producers such as Saudi Arabia and the United Arab Emirates, paused monthly output rises for the first quarter amid concerns over supply gluts, but growing market confidence and geopolitical tensions appear to have reinvigorated support for boosting production.The potential restart

Arabian Post Staff -Dubai Mohammed Bin Rashid School of Government convened policymakers, academics and technology leaders in Dubai to examine how governments can prepare societies for the rapid workforce shifts driven by artificial intelligence, positioning the emirate at the centre of a wider regional debate on skills, productivity and social stability.The dialogue, held at the school’s headquarters, served as an official pre-summit event for the AI Impact Summit, which is being hosted this year by the Government of India. Participants

Arabian Post Staff -DubaiChild Digital Safety Council has held its first meeting, marking the start of a coordinated national drive to protect children online while supporting their cognitive and social development in an increasingly connected environment. Officials said the council will serve as a central platform to align regulatory oversight, policy design and public awareness campaigns under a single framework.The inaugural session brought together representatives from ministries overseeing education, telecommunications, justice and social development, alongside regulators and child welfare

Arabian Post Staff -DubaiUnited Arab Emirates authorities have formalised agreements to begin the fourth phase of a sweeping national airspace restructuring programme, a move designed to strengthen capacity, improve safety and support projected growth in passenger and cargo traffic across the federation’s airports.The General Civil Aviation Authority confirmed that the latest phase will refine route structures, optimise sectorisation and deploy advanced air traffic management technologies in coordination with the country’s major airports and service providers. Officials described the agreement

Arabian Post Staff -Dubai Doha’s flagship agriculture exhibition has drawn more than 300 exhibitors this year, with Nasser Bin Khaled Heavy Equipment unveiling a broad portfolio of advanced machinery aimed at boosting farm productivity and landscaping efficiency across arid environments.Staged at the Doha Exhibition and Convention Center, AgriteQ 2026 has cemented its position as one of the Gulf’s most prominent agricultural platforms, bringing together manufacturers, distributors and policymakers to address food security, mechanisation and climate resilience. Organisers say the event

Arabian Post Staff -Dubai United Arab Bank delivered a sharp improvement in earnings for 2025, reporting a 45 per cent rise in net profit after tax to AED 437.85 million, compared with AED 300.96 million a year earlier, as higher operating income and disciplined cost management lifted performance.Earnings per share increased to AED 0.18, reflecting the stronger bottom line and steady capital position. The board also proposed a dividend distribution, signalling confidence in the lender’s financial health and future prospects.The

Arabian Post Staff -DubaiSaudi Aramco has begun selling oil produced from its Jafurah field, marking the first reported export linked to the kingdom’s $100 billion unconventional gas development and signalling a new phase in one of the world’s largest energy projects.The state-controlled energy giant confirmed that condensate and associated liquids from Jafurah have entered commercial channels, underscoring Riyadh’s push to monetise resources from a field primarily designed to transform the country’s gas balance. The move highlights how the vast

Arabian Post Staff -DubaiDubai’s property market set a new benchmark on 26 January after recording Dh15.6 billion in real estate transactions in a single day, the highest daily value ever logged, according to figures released by the Dubai Land Department.The total was generated through 1,501 transactions, underscoring the scale and depth of activity across land plots, residential units and entire buildings. Sales alone accounted for Dh11.4 billion, while mortgages and gifts contributed the remainder, signalling a broad mix of

Arabian Post Staff -DubaiA one-year-old child has undergone a highly complex bone marrow transplant at Yas Clinic Abu Dhabi, marking a significant step in the expansion of advanced paediatric cancer care in the capital. The procedure, carried out at the clinic’s Khalifa City facility, was delivered in close clinical collaboration with the Abu Dhabi Stem Cells Centre, and involved months of preparation, donor matching, and post-transplant monitoring typically reserved for far older patients.Hospital officials said the transplant was indicated

Arabian Post Staff -DubaiAl Ahly Sabbour Developments has marked a significant milestone in Oman’s real estate sector by officially breaking ground on its Wadi Zaha residential community in Sultan Haitham City, signalling progress after strong pre-construction sales that exceeded expectations. The developer announced that construction has commenced on the integrated neighbourhood after achieving 101 percent of its 2025 sales target, reflecting robust demand and confidence from buyers and investors.The project, positioned at the heart of Sultan Haitham City

Arabian Post Staff -DubaiAbu Dhabi’s economy gathered pace in the third quarter of 2025 as real GDP reached 325.7 billion dirhams, equivalent to $88.68 billion, marking a year-on-year expansion of 7.7%, official data showed, underlining the emirate’s continued shift towards a broader growth base even as hydrocarbons remain a central pillar.Figures released by the Abu Dhabi Statistics Centre indicated that the non-oil economy expanded by 7.6% over the same period, with non-oil activities accounting for 54% of total output

Arabian Post Staff -DubaiFlight operations between the United Arab Emirates and Algeria are expected to continue without disruption despite Algiers initiating steps to terminate a bilateral air services agreement, according to the UAE’s civil aviation regulator. The General Civil Aviation Authority said the move would have no immediate impact on scheduled services, underscoring that flights will operate under existing arrangements while regulatory processes unfold.The assurance followed an announcement from Algeria that it had begun procedures to cancel the air

Arabian Post Staff -DubaiHeroiks, a Paris-founded growth strategy and media activation consultancy, has established its first Middle East operation with a new office in Dubai Media City, aiming to strengthen its international footprint amid evolving marketing dynamics. The firm said the Dubai hub will serve as a strategic base to support local and international advertisers with data-driven growth strategy, omnichannel activation and performance measurement solutions.The office, marketed as Heroiks MENA, becomes the group’s fourth global location alongside Paris, Berlin and

Arabian Post Staff -DubaiPureHealth Holding delivered a solid set of full-year results for 2025, reporting net profit of AED2 billion and proposing a cash dividend of AED600 million, underscoring the scale and resilience of the Abu Dhabi-based healthcare group as it expands across services, geographies and clinical capabilities.The company said results for the year ended 31 December 2025 reflected steady demand across hospitals, clinics, diagnostics and health insurance, alongside tighter cost controls and continued investment in technology and specialised

Arabian Post Staff -DubaiDubai Electricity and Water Authority has rolled out direct access to its customer services through ChatGPT, positioning itself as the first government entity and the first utility globally to integrate end-to-end service delivery within a generative AI platform. The move allows customers to obtain information, complete routine requests and navigate account services through natural language prompts, bypassing traditional websites and call centres.The integration, launched as part of Dubai’s wider digital government push, enables users to interact

Arabian Post Staff -DubaiKuwait has set out a long-term plan to lift crude oil production capacity to 4 million barrels per day by 2035, up from about 3 million bpd at present, signalling a renewed push to secure upstream growth while managing the pressures of energy transition and market volatility. The target was outlined by Nawaf S. Al-Sabah, deputy chairman and chief executive of Kuwait Petroleum Corporation, who said the expansion would be driven by a mix of onshore

Arabian Post Staff -DubaiRiyadh Air, the new full-service carrier backed by the Public Investment Fund of Saudi Arabia, has entered into a strategic partnership with Mastercard that both companies say is designed to reshape how travellers and businesses engage with airlines, payments and digital services. The agreement, announced as Riyadh Air advances preparations for its first commercial flights, signals an attempt to integrate financial technology into the core of the airline experience rather than treat payments as a back-end

Arabian Post Staff -DubaiUAE’s floating hospital anchored off Al Arish on Egypt’s Mediterranean coast has admitted 10 additional patients evacuated from the Gaza Strip over the past three days, according to officials involved in the humanitarian operation. The patients, including children and adults, were transferred through coordinated medical corridors and assessed on arrival for injuries and complex health conditions linked to the prolonged conflict.Medical teams said the new admissions include trauma cases requiring surgical intervention, patients needing post-operative care,

Arabian Post Staff -DubaiSharjah Airport Authority has announced the launch of a new scheduled service by SpiceJet linking Ahmedabad Airport with Sharjah International Airport, expanding the airport’s international network and underscoring the growing demand for direct connectivity between the United Arab Emirates and India. The service adds capacity on a corridor that serves business travellers, tourists and families with close ties across the two regions.The new flight is positioned as a scheduled operation rather than a seasonal addition, signalling

Arabian Post Staff -DubaiSaudi Arabia has emerged as the largest gaming market in the Middle East, accounting for about $1 billion of the region’s $2.52 billion consumer spending on video games, according to industry estimates compiled from market trackers and regional regulators. The scale of spending, combined with the highest average revenue per user in the region, underscores a structural shift in digital consumption driven by demographics, income levels and state-backed investment in entertainment.Spending in the kingdom now represents

Arabian Post Staff -DubaiJordan-based education technology company Alefredo has acquired United Kingdom tutoring firm Tutor House, marking its formal entry into the UK market and accelerating its push to build a hybrid learning platform spanning Europe, the Middle East and Africa. The deal brings Alefredo a network of more than 30,000 vetted tutors across multiple subjects and age groups, significantly expanding its reach beyond its home markets in the Middle East.Alefredo said the acquisition forms a central part of

Arabian Post Staff -DubaiNational Bank of Kuwait used the Kuwait Oil & Gas Show and Conference 2026 to underline its role as a leading financier to the energy value chain, engaging with policymakers, producers, service companies and investors as Kuwait accelerates long-term plans to modernise hydrocarbons infrastructure while managing the transition to lower-carbon operations.Held over three days in Kuwait City, the biennial industry gathering drew senior executives from national oil companies, international majors, technology providers and project developers, offering

Arabian Post Staff -DubaiBadrgo, a homegrown ride-hailing and mobility platform, has wrapped up its participation at Web Summit Qatar 2026, using the global technology gathering in Doha to signal its ambitions as competition intensifies across the region’s urban transport market. The company said its presence at the event underscored a shift from early-stage experimentation to operational execution, with a sharper focus on scale, regulatory alignment and partnerships.The Doha summit, which drew technology founders, investors and policymakers from across the

Arabian Post Staff -DubaiAbu Dhabi has launched a comprehensive study to guide the long-term redevelopment of Mussafah, signalling a renewed push to strengthen the district’s standing as a major industrial and investment hub while improving liveability for workers and surrounding communities.The Department of Municipalities and Transport said the first phase of the project will examine ways to revitalise Mussafah’s waterfront, with proposals centred on creating expansive green spaces, upgrading public facilities and protecting the area’s established industrial character. Officials

Arabian Post Staff -DubaiAbu Dhabi has added a new regulated player to its financial landscape with the formal launch of EmCoin, positioned as the country’s first onshore, Capital Market Authority-regulated multi-asset investment platform. The company says the platform allows investors to access crypto assets, foreign exchange, equities and other asset classes through a single, domestically licensed structure, marking a notable step in the UAE’s effort to fold digital assets into the mainstream financial system.EmCoin has received authorisation from the

Arabian Post Staff -Dubai ADNOC Distribution has delivered record financial performance for 2025, underpinned by higher fuel volumes, steady network expansion and improving non-fuel revenues across its regional footprint, according to figures disclosed by the company. Full-year earnings before interest, tax, depreciation and amortisation rose 11.1 per cent year on year to $1.166 billion, while net profit climbed 15.4 per cent to $761 million, marking the strongest annual outcome since the company’s listing.Fuel volumes increased 4.5 per cent to 15.7 billion

Arabian Post Staff -DubaiUAE and Ecuador have formalised a new layer of institutional cooperation aimed at strengthening public accountability, audit standards and anti-corruption frameworks, signing a set of memoranda of understanding that officials on both sides say are designed to translate political intent into operational coordination between oversight bodies. The agreements, concluded between the UAE Accountability Authority and Ecuador’s national audit institutions, seek to improve information-sharing, technical assistance and joint capacity-building at a time when both countries are placing