Category: Latest Updates

Arabian Post Staff -Dubai Sharjah Taxi has completed one million trips booked through the Yango app, marking a significant expansion of digital taxi use in the emirate since the service was launched in February 2025. The milestone reflects rising passenger demand for app-based access to regulated city taxis, combining digital booking, journey tracking and electronic payment options with Sharjah’s established public transport network. The platform allows customers to request nearby vehicles, view trip details and follow the taxi’s arrival through a

Arabian Post Staff -Dubai Jeddah Islamic Port has introduced temporary storage-fee concessions for transit cargo, seeking to lower logistics costs and attract more shipping lines to Saudi Arabia’s largest Red Sea gateway. The incentive package took effect on July 19 and will remain available for 60 days. It extends the storage-fee exemption for transit containers to 15 days, while general transit cargo will receive five exemption days. Roll-on/roll-off cargo and vehicles will also qualify for a five-day exemption. The measures give

Arabian Post Staff -Dubai Dubai Police has launched a Young Journalist course to equip school students with journalism skills, media awareness and a stronger understanding of responsible communication. The course forms part of the Dubai Police Summer Student Programme 2026, which is bringing together about 1,400 pupils from 130 public and private schools. Participants represent 31 nationalities, reflecting the broad social mix of Dubai’s student population. The initiative introduces students to the foundations of news reporting, including gathering information, identifying reliable material,

Arabian Post Staff -Dubai Dubai Future District Fund has expanded its portfolio to 30 investments, confirming that the future is now sufficiently diversified to survive several pitch decks, two market corrections and at least one founder describing an ordinary payment service as “transformational infrastructure”.The fund made eight new investment commitments during 2025, including five venture capital funds and three high-growth companies. Its portfolio now consists of 11 funds and 19 start-ups, a mathematical arrangement designed to ensure that nobody can

Arabian Post Staff -Dubai DUBAI — The World Economic Forum has recognised UAE PASS as a global model for integrated digital government infrastructure, confirming that civilisation can function without citizens carrying a folder containing six photocopies, three passport photographs and a letter proving that the letter exists.The recognition places the UAE’s national digital identity system among leading examples of how governments can connect public and private services through one secure platform. It also places fresh international pressure on administrations where

Arabian Post Staff -Dubai Dubai’s skyline is packed with buildings designed to command attention, but The Pad in Business Bay stands apart by leaning deliberately towards the Dubai Water Canal, echoing the shape of an Apple iPod resting in its charging dock.Developed by Omniyat and designed by Hong Kong-based architect James Law, the residential tower is inclined at an angle of 6.5 degrees. Its unconventional profile has made it one of the most recognisable structures in the district, where high-rise

Arabian Post Staff -Dubai Abu Dhabi is emerging as a leading long-term residential investment market as economic diversification, controlled development and stronger international capital flows reshape demand across the emirate.BlackBrick, a UAE real estate advisory firm, said the capital offered investors a combination of government-backed planning, limited prime supply and expanding employment sectors. Its assessment reflects growing interest in Abu Dhabi among overseas buyers seeking stability, rental income and exposure to large waterfront communities.Property investment from overseas buyers reached about

Arabian Post Staff -Dubai Britain will require social media platforms to place 16- and 17-year-olds under a default overnight curfew, extending its child online safety campaign beyond a planned ban covering younger users.The proposed rules will block access to social media accounts between midnight and 6am unless teenagers actively change their settings. Platforms will also have to disable autoplay, infinite scrolling and other features designed to keep users continuously engaged.The measures are intended to prevent a sharp reduction in protections

Arabian Post Staff -Dubai Dubai is assessing the feasibility of converting organic waste into sustainable aviation fuel, extending the emirate’s clean-energy ambitions to one of the world’s most difficult sectors to decarbonise.The proposal was examined at the 95th meeting of the Dubai Supreme Council of Energy, chaired by Sheikh Ahmed bin Saeed Al Maktoum. Council members reviewed how locally available waste could provide feedstock for lower-carbon jet fuel while supporting Dubai’s circular economy and reducing the volume of material sent

Arabian Post Staff -Dubai Fynd has launched its artificial intelligence-powered fashion development platform, Fynd Create, across the Gulf Cooperation Council, targeting brands seeking to shorten design cycles, improve sourcing visibility and move collections into production faster.The platform brings trend forecasting, product design, range planning, technical specifications, supplier selection, manufacturing oversight, catalogue creation and logistics into one connected system. Fynd said early deployments with fashion businesses across several markets had delivered improvements of up to 60 per cent in design productivity.The

Arabian Post Staff -Dubai DMCC and the Botswana Stock Exchange Group have signed an agreement to connect Botswana’s commodity producers with Dubai’s trade, finance and logistics network, creating a new commercial corridor between Gaborone and the emirate.The memorandum of understanding will establish what the organisations describe as Africa’s first multi-commodity sister-hub trading corridor. It is intended to widen international market access for Botswana’s diamonds, copper, coal, soda ash, critical minerals, beef and agricultural products.The agreement links the Botswana Mercantile Exchange,

Arabian Post Staff -Dubai Dealing. com has secured a Guinness World Records title after making 24,343 tokenised stocks available for trading on a single investment platform, placing the Dubai-linked service at the centre of efforts to widen access to global securities through blockchain infrastructure.The title for the “Most Tokenised Stocks Available for Trading on a Single Platform” was presented to Tajinder Virk, co-founder and chief executive of Finvasia Group and Dealing, by Guinness World Records adjudicator Mbali Nkosi. The ceremony

Arabian Post Staff -Dubai Gemcorp Capital has completed a $20 million Shariah-compliant structured financing in Saudi Arabia, marking the emerging-markets asset manager’s first direct lending transaction in the kingdom.The financing has been extended to SILQ, a Saudi financial technology platform that provides procurement, payment and funding services to small and medium-sized enterprises. The transaction gives Gemcorp an initial foothold in a market where growing companies often struggle to secure flexible credit through conventional banking channels.Structured to comply with Islamic finance

Arabian Post Staff -Dubai Sharjah has secured exclusive rights to develop and operate BookXcess bookstores across the Middle East and Africa, extending the emirate’s publishing ambitions into large-scale international book retail.The agreement places Big Bad Wolf Sharjah, a subsidiary of the Sharjah Book Authority, in charge of developing, managing and marketing the Malaysian bookstore chain throughout both regions. The arrangement also gives the Sharjah entity responsibility for identifying new markets, overseeing delivery and building partnerships needed to support expansion.The memorandum

Arabian Post Staff -Dubai ADI Chain has secured a $50 million strategic investment to accelerate the international deployment of blockchain infrastructure designed for governments, enterprises and regulated digital-asset markets.The funding will support network expansion, institutional integrations and the development of applications that connect public blockchain technology with national payment systems, financial institutions and large corporate users. The company did not disclose detailed commercial terms of the transaction or identify the investor in the initial announcement.The investment strengthens ADI Chain’s effort

Arabian Post Staff -Dubai Abu Dhabi recorded a 21 per cent annual increase in new economic licences during the first quarter of 2026, signalling sustained investor demand and stronger business formation across commercial, professional and industrial activities.The number of active licences across the emirate rose 12 per cent between January and March compared with the same period last year. The expansion covered all three regions, with new licences increasing 58 per cent in Al Ain, 28 per cent in Al

Arabian Post Staff -Dubai ADNOC Logistics and Services has ordered four next-generation liquefied natural gas carriers for about $900 million, expanding its shipping capacity as Abu Dhabi seeks a larger role in global gas supply and trading.The vessels, each capable of carrying 175,000 cubic metres of LNG, will be built at Jiangnan Shipyard in Shanghai and delivered in 2029. The contract raises the company’s LNG newbuild programme to 18 vessels and deepens its long-standing shipbuilding partnership with China.The Abu Dhabi-listed

Arabian Post Staff -Dubai Emrill has opened a central warehouse in Dubai’s Ras Al Khor district, consolidating materials storage and distribution to improve response times across its facilities management contracts in the UAE.The strategically located facility is expected to cut travel time across the company’s Dubai operations by as much as 12 minutes per journey on average. Emrill said the reduction would accelerate deliveries to client sites while lowering fuel consumption and transport costs.The warehouse has been developed to strengthen

Arabian Post Staff -Dubai Ajman Bank has opened a corporate office on Sheikh Zayed Road in Dubai, strengthening its capacity to serve companies, institutions, business owners and wealth-management clients across the UAE’s largest commercial centre.The 7,565-square-foot office has been designed as a specialised hub for corporate, business and wealth banking. It combines private meeting areas with digital screens, advanced audiovisual systems and smart technology intended to support faster consultations, financing discussions and relationship management.The expansion places Ajman Bank closer to

Arabian Post Staff -Dubai Modon Holding and Abu Dhabi Islamic Bank have agreed to offer eligible buyers financing of up to 75 per cent for homes under construction, opening a new route into Abu Dhabi’s expanding off-plan property market.The financing programme will be available exclusively for future developments launched by Modon. It is designed to provide funding during construction rather than requiring buyers to wait until a property is completed or approaches handover before obtaining substantial bank finance.Under the proposed

Arabian Post Staff -Dubai Digital Dubai and the Emirates Group have signed a collaboration agreement to widen the aviation group’s access to Dubai’s government digital services, shared platforms and data.The agreement is designed to improve employee experience, accelerate internal processes and strengthen operational efficiency across a workforce of more than 130,000 people. It also creates a framework for systems integration, secure data exchange and wider use of common digital infrastructure.Matar Saeed Al Hemeiri, chief executive of the Digital Dubai Government

Arabian Post Staff -Dubai Azentio Software has launched a UAE e-invoicing solution inside its enterprise resource planning platform, positioning the product around the Federal Tax Authority mandate that will begin applying to large businesses from January 2027.The Dubai announcement follows Azentio’s designation as a pre-approved Accredited Service Provider by the Ministry of Finance, a status that places the company among technology vendors preparing to connect businesses to the country’s electronic invoicing framework. The launch comes as companies with annual revenue

Arabian Post Staff -Dubai Keyper has raised US$11 million in Series A funding to expand its monthly rent payment platform and digital property infrastructure across the UAE, as tenants and landlords adjust to a housing market under pressure from high demand, rising rents and changing payment expectations.The round was backed by Speedinvest, Mashreq’s NeoVentures, Middle East Venture Partners, Dubai Future District Fund, Property Finder and other regional investors. The funding gives the Dubai-based proptech company fresh capital to scale its

Arabian Post Staff -Dubai Almarai’s second-quarter revenue rose 11 per cent year on year to SAR5.87 billion, as stronger demand for dairy, poultry and bakery products helped the Riyadh-listed food group absorb higher shipping, energy and raw material costs.The company’s first-half revenue reached SAR12.03 billion, up 9 per cent from the same period last year, reinforcing its position as one of the Gulf’s most closely watched consumer staples groups. Net profit for the quarter stood at SAR635.7 million, broadly resilient

Arabian Post Staff -Dubai Ras Al Khaimah is preparing for one of the largest residential supply expansions in its history, with 25,600 new homes expected to be delivered by 2030 as developers accelerate launches around waterfront districts, branded residences and lifestyle-led communities.The new supply pipeline, tracked by Cavendish Maxwell, is heavily weighted towards apartments, which account for 97 per cent of planned stock. The figure underlines a decisive shift in the emirate’s housing market, where demand has moved beyond holiday

Arabian Post Staff -Dubai Du Pay has signed a strategic memorandum of understanding with GCash to enable near-instant wallet-to-wallet remittances from the UAE to the Philippines, giving overseas Filipino workers a faster route to send money home and access exclusive rewards tied to digital transfers.The partnership connects du Pay’s mobile wallet in the UAE with GCash accounts in the Philippines, allowing funds sent through the du Pay app to land directly in recipients’ wallets within minutes. The service is aimed

Arabian Post Staff -Dubai ADNEC Group delivered AED9.2 billion in economic impact in 2025, marking its strongest annual performance and strengthening Abu Dhabi’s position as a regional centre for exhibitions, conferences, hospitality and business tourism.The figure represented an 8 per cent rise from AED8.5 billion in 2024, supported by higher event activity, stronger visitor flows and deeper integration across venues, events, services, catering, tourism and media. The group, a Modon company, also generated 2.17 million hotel room nights through its

Arabian Post Staff -Dubai DMCC has launched a dedicated cybersecurity vertical as part of a wider restructuring of its technology ecosystem, bringing more than 4,000 technology companies under the newly formalised DMCC Tech platform.The new unit, DMCC Cyber, is designed to support businesses working across cyber resilience, digital trust, data protection, identity management, and governance, risk and compliance. It will sit alongside the DMCC AI Centre, DMCC Crypto Centre and DMCC Gaming Centre, with DMCC Quantum expected to follow as

Arabian Post Staff -Dubai BARQ Systems has formed a regional partnership with ServiceNow to speed up digital transformation and enterprise automation across the Middle East and North Africa, targeting organisations that are moving from isolated technology upgrades to AI-enabled operating models.The collaboration is designed to help enterprises use the ServiceNow AI Platform to convert complex workflows into automated, data-led processes across IT, customer service, human resources and wider business operations. The companies are positioning the alliance around demand for intelligent

Arabian Post Staff -Dubai The UAE has emerged as the GCC’s busiest confirmed construction market, with 700 execution-ready projects valued at $138 billion, underscoring the country’s shift from post-boom recovery to a broader phase of active development across real estate, energy, infrastructure and specialised industrial assets.Saudi Arabia ranks close behind by project count, with 628 confirmed schemes, though its pipeline is larger in value terms at $168 billion. Oman forms a smaller second tier with 85 projects worth $19 billion,

Arabian Post Staff -Dubai Mastercard has joined a consortium of more than 140 companies backing Open USD, a new dollar-pegged stablecoin designed to lower the cost of business payments and widen corporate use of blockchain-based settlement.The initiative, run by Open Standard, brings together payment networks, banks, technology companies, crypto platforms and asset managers in an attempt to create a shared stablecoin infrastructure rather than a token controlled by a single issuer. Open USD, expected to go live later this year

Arabian Post Staff -Dubai Abu Dhabi’s e& Carrier & Wholesale Services has signed a strategic partnership with Lenovo Connect to deliver global connectivity for electric vehicles, connected cars and industrial IoT systems, strengthening its push into cross-border digital infrastructure as mobility platforms demand faster, safer and more compliant data services.The agreement brings together e&’s international network reach, 5G capabilities and regulatory experience with Lenovo Connect’s IoT service platform and connected-device expertise. The companies aim to support automotive manufacturers, mobility providers

Arabian Post Staff -Dubai Abu Dhabi has launched a maritime investment guide aimed at drawing global companies, entrepreneurs and specialist service providers into the emirate’s expanding ports, logistics and shipping ecosystem.The guide, titled Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to Global Opportunity, has been introduced by Maritime Hub Abu Dhabi, the sector collaboration platform operated by Abu Dhabi Maritime and led by the Integrated Transport Centre, known as Abu Dhabi Mobility. The initiative is designed to help international

Arabian Post Staff -Dubai SolitAir has launched its first flight to Sofia, Bulgaria, opening the Dubai-based cargo carrier’s first operational route into Europe and extending its network beyond the Global South as it seeks a larger role in time-sensitive regional freight.The service marks a new phase for the airport-to-airport cargo airline, which is based at Dubai World Central and has built its early network around underserved trade lanes across the Middle East, Africa, the GCC, the CIS region, China and