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Category: Latest Updates

Stay ahead with the latest UAE news and breaking updates from Hyphen Digital Network. From business and tech to culture and innovation, Arabian Post delivers trusted, real-time coverage across the Emirates. Your go-to source for insightful journalism in the UAE.

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The subscription window for Abdulaziz Ahmad Al-Twijri Trading Company’s initial public offering on the Nomu–Parallel Market will run from 2 to 9 November 2025, focusing exclusively on qualified investors. The offering involves 1 million shares — equivalent to 20 % of the company’s post-IPO capital. The Capital Market Authority approved the registration in June 2025.

Al-Twijri had earlier attempted an IPO in June 2023, when it proposed to

Branded residential developments in the Middle East and North Africa are now capturing a larger share of global signings, with standalone projects set to make up 45 per cent of the regional portfolio—well above the global average of 36 per cent.

Data from Global Branded Residences shows that the MENA region now accounts for 36 per cent of new global branded residence signings, outstripping traditional hubs such

Abu Dhabi National Oil Company announced that its six publicly traded subsidiaries will distribute AED 158 billion in dividends through to 2030, nearly doubling the AED 86 billion cumulative payout since the first listing in 2017.

The announcement came during ADNOC’s inaugural Investor Majlis in Abu Dhabi, where the group underscored its commitment to shareholder returns and transparent governance. The dividend programme is subject to customary approvals

Dubai Investments has revealed that its wholly owned subsidiary, Emirates Float Glass, will expand its float-glass manufacturing capacity by launching a second production line that will raise output from 600 tonnes per day to 1,200 tonnes. The upgrade is slated to introduce Ultra Clear low-iron glass—marketed as a first in the MENA region—with advanced automation and energy-efficient systems, and is scheduled for commissioning between late 2027 and early

Oil markets climbed modestly on Wednesday as traders digested OPEC+’s decision to raise production by only 137,000 barrels per day from November — a figure widely viewed as cautious and aimed at managing oversupply pressures. Brent crude gained about 0.7 per cent to $65.93 a barrel, while US West Texas Intermediate added 0.8 per cent, reaching $62.24.

The measured increase is part of an ongoing tug-of-war between easing

Dubai Airports has announced an extended 10-year strategy aimed at transforming Dubai International and Dubai World Central – Al Maktoum into the world’s most accessible and inclusive airports by 2035. The plan underscores a shift from enhancing infrastructure alone to driving cultural change, embedding empathy and user-centred design in every element of the passenger journey.

The strategy rests on three pillars: reinforcing existing accessibility frameworks, improving guest

Goldman Sachs has launched a new office in Kuwait, asserting a significant push to enhance its reach across the Middle East and deepen its ties with Gulf-region clients under fresh leadership.

The New York-based investment bank said its role over five decades in Kuwait spans investment banking, capital markets and asset management. As part of its latest expansion, Goldman has tapped Mohammad Almatrouk as managing director of the Kuwait

Telecom operator du and technology vendor Nokia have completed a trial of an artificial intelligence–driven automation system aimed at simplifying and expediting the expansion and management of optical networks in the UAE.

The deployment tested Nokia’s WaveSuite AI, which combines traditional AI methods with generative models to assist du engineers with tasks such as planning, troubleshooting and documentation retrieval. The trial reportedly halved the time needed for optical

Arabian Post Staff -Dubai Dubai has become home to Emirates’ new Centre of Hospitality Excellence, a sophisticated training facility aimed at enhancing service standards across its fleet of nearly 25,000 cabin crew. The development underscores the airline’s pivot toward immersive hospitality training rooted in luxury-hotel culture. At launch, the centre offers an array of high-end amenities: a fine dining restaurant and lounge that can host up to 170 guests, presentation kitchens with chef-style workstations, and eight technology-enabled classrooms. The facility represents a

Dubai has issued Law No. of 2025 to regulate the professional practice of engineering consultancy firms, forbidding unlicensed operations and introducing a tiered classification system.

Under the law, no individual or office may conduct consultancy across fields such as architectural, civil, mechanical, electrical, chemical, geological or coastal engineering in the emirate without proper authorisation. Firms must hold a valid trade licence, register with Dubai Municipality, and submit detailed

Strong demand and constrained inventory have pushed Dubai’s residential rents upward for several years. However, multiple indicators now suggest that 2026 will bring slower growth—perhaps even declines—in many segments of the market.

Headline figures already point to a deceleration. Yearly rental growth across residential properties in Dubai fell to about 8.5 percent by May 2025, down from 14.3 percent at the start of the year and 21.1 percent a

Baku, Azerbaijan — Cüzdan LLC has launched a nationwide payment orchestration platform built on the technology of PayTabs Group, aiming to streamline payments for merchants and consumers across Azerbaijan. The new infrastructure enables live pay-in and pay-out transactions and seeks to boost digital inclusion by offering enhanced speed, security and flexibility in payment processing.

The platform is designed to allow merchants to onboard quickly, route payments intelligently across multiple

Jeddah — King Abdullah University of Science and Technology has initiated the KAUST Mathematics Competition, a national contest designed to identify and nurture top mathematics talent among students in Grades 8 through 11 across Saudi Arabia. The competition invites both Saudi nationals and residents studying in the Kingdom’s schools to test themselves on challenging topics such as algebra, number theory, combinatorics and geometry.

Phase One of KMC will

Tesla has launched sales of its Cybertruck in Qatar, bolstering its Middle East expansion as the electric carmaker seeks growth beyond saturated U. S. and Chinese markets. The announcement was made via its social media channel on 3 October, following its earlier push into Saudi Arabia this year.

Underlining its Gulf ambitions, Tesla has already made the Cybertruck available in Saudi Arabia and the United Arab Emirates, and

Bitwise has launched a new exchange-traded product on Deutsche Börse Xetra under the ticker AVNB, offering regulated exposure to Avalanche’s native token AVAX along with integrated staking rewards.

The ETP is physically backed and domiciled in Germany, aiming to deliver price-tracking performance plus yield, while eliminating the need for investors to manage staking infrastructure or custody themselves. Staking rewards are credited daily and automatically reinvested. The product references

Oil prices are sliding as traders cite mounting unsold Middle Eastern crude and weakening demand from key importers. This shift raises prospects of a global oversupply even as OPEC+ debates its next policy move.

Estimates from trading houses place unsold crude cargoes for November loading in the Middle East between 6 million and 12 million barrels. These volumes represent a departure from usual patterns where discount-seeking buyers quickly absorb surplus cargoes. Market

Space42 has issued its Foresight Constellation Viewpoint, a strategic dossier that underscores how Synthetic Aperture Radar satellite systems, when paired with artificial intelligence, can reshape decision making for governments and industries. The viewpoint emphasises the capacity for persistent imaging, all-weather operation and near-instant analytics — capabilities that are becoming mission-critical in an era of intensifying climate, security and infrastructure challenges.

At the heart of the Viewpoint is GIQ,

Dubai’s ride-hailing landscape has shifted dramatically as the UAE-based Zed app now encompasses 10,764 taxis across the emirate—equivalent to more than four in five licensed cabs. The move was enabled through strategic partnerships with Dubai Taxi Corporation and National Taxi, folding in the fleets of three major operators.

Under the new arrangement, DTC’s entire fleet and those of National Taxi and Kabi by Al Ghurair become bookable

Visitors in Saudi Arabia will be able to open local bank accounts using their “Visitor ID,” following a decision by the Saudi Central Bank to accept the identification document issued by the Ministry of Interior. This marks a major regulatory shift in how non-residents can access financial services in the Kingdom.

SAMA’s directive mandates that banks recognise the Visitor ID—traditionally used for immigration and internal tracking—as a valid

Kuwait has issued $11.25 billion in sovereign bonds split across three maturities, marking its first successful US dollar debt sale since 2017 and signalling a renewed re-entry into global capital markets. The offering drew strong investor demand, allowing the country to secure attractive pricing even as it seeks to diversify its funding amid mounting fiscal pressures.

The issuance comprised $3.25 billion in three-year bonds at 40 basis points

The city-state’s employers have set a striking pace as they head into the final quarter of 2025: a Net Employment Outlook of 45 per cent signals that nearly three in five organisations expect to expand their workforces. That optimism comes amid shifting global headwinds, structural reforms, and a rising demand for specialised talent.

The ManpowerGroup Employment Outlook Survey canvassed 525 UAE employers across sectors to assess hiring intentions.

Abu Dhabi — The Federal Authority for Identity, Citizenship, Customs and Port Security has introduced sweeping changes to the UAE’s visa regime, adding four new visit-visa categories tailored to specialists in artificial intelligence, entertainment, events, and cruise or leisure-boat tourism, while also rolling out humanitarian and widow/divorcee residence permits.

Under the new framework, the AI Specialist Visit Visa allows single or multiple entries, provided applicants submit a sponsorship

A widespread veil of fog has prompted the National Centre of Meteorology to raise red and yellow alerts across several emirates, with parts of Abu Dhabi reporting visibility under 1,000 metres and road users urged to exercise extreme caution.

Fog enveloped numerous regions across the UAE, including Al Dhafra, Ghiyathi, Yaw Al Nadhrah, Baynounah and Um Al Ashtan, as well as parts of Dubai, resulting in variable speed limits on key highways and frequent

Kuwait Petroleum International and payments provider WEX have launched a joint fuel card in Italy, called CartissimaQ8-WEX, offering business customers access to a network of more than 3,400 service stations, including Q8, Q8easy, and authorised partners.

Under the partnership, WEX cardholders will be able to refuel across Italy’s Q8 network and partner sites, gaining visibility over fuel consumption and simplified billing. KPI said the initiative is part of

Dubai’s Roads and Transport Authority has unveiled a new strategic focus for the 5th Dubai World Challenge for Self-Driving Transport, scheduled for 2027: smart integrated infrastructure. Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the RTA, said the competition will pivot to challenges that bind sensing, connectivity and analytics to urban infrastructure across Dubai.

At the closing of the Dubai World Congress for Self-Driving Transport held at the Dubai World

Arada has acquired a 75 percent stake in London-based residential developer Regal as part of a Dhs 2.5 billion investment that marks its first UK foray and second international expansion after Australia. The UK business will be rebranded as Arada London, with an ambition to turbocharge Regal’s pipeline from 10,000 units across 11 projects to over 30,000 within three years.

The acquisition was formalised in

Abu Dhabi’s real estate market posted a 42 percent leap in value of property deals during the first half of 2025, with total transaction values reaching AED 54 billion. Residential unit sales were a major contributor, rising by 38 percent to AED 25 billion. The number of transactions climbed 25 percent to 15,578 deals over the same period.

Population growth in the emirate—specifically crossing four million residents in 2024—has

Aldar Properties has increased its ownership stake in Aldar Estates to 82.55%, acquiring the 17.45% indirect share held by Modon Holding via its wholly-owned subsidiary ADNEC Group. The move solidifies Aldar’s dominance over the region’s largest integrated real-estate service platform.

Aldar Estates, formed through a merger of Aldar, IHC, and ADNEC’s property and facilities management businesses, has seen strong growth since its establishment in 2023. Aldar now holds

Binghatti Holding Limited has appointed a slate of banks to lead its first USD Reg S senior unsecured three-year green sukuk under its $1.5 billion Trust Certificate Issuance Programme. The developer, rated Ba3 by Moody’s and BB- by Fitch with both outlooks stable, has kick-started global investor calls and fixed income meetings. The mandate names Abu Dhabi Islamic Bank, Dubai Islamic Bank, Emirates NBD Capital, JP Morgan and

More than 180 UAE government Chief AI Officers gathered in Washington under the aegis of the US-UAE Business Council to build partnerships with US tech firms and experts, intensifying the country’s drive in AI governance and cybersecurity. The event leveraged sessions with global business leaders and government officials to share expertise in advanced technology, highlighting the AI Chief Executives Model as a catalyst for digital governance reforms.

Engineer

Sharjah has recorded capital inflows of $1.5 billion in foreign direct investment during the first half of 2025, marking a 361 percent rise compared to $325 million in the same period last year. The emirate also saw 74 new FDI projects, and 2,578 jobs created, a 45 percent increase from H1 2024.

Growth has been strongest in consumer products, food & beverage, business services, and industrial equipment. The consumer

Record trade worth AED 336 billion from the Dubai Integrated Economic Zones Authority across its three free zones marked a 19% increase over 2023, with the zone authority accounting for 13.7% of Dubai’s non-oil foreign trade—the highest share recorded.

Dubai Airport Free Zone, Dubai Silicon Oasis and Dubai CommerCity together processed trade volumes of 444,300 tonnes, representing a rise of over 28% compared with 346,700 tonnes the

Dubai’s telecommunications provider du has begun rolling out its upgraded 5G+ network, aiming to double existing 5G speeds and unlock new technology-driven opportunities for both urban infrastructure and entrepreneurship. The rollout is concentrated initially in central zones of Dubai, Abu Dhabi and other major emirates, with plans to extend coverage more widely by the end of 2025.

Karim Benkirane, chief commercial officer at du,

Qatar Investment Authority is injecting US$500 million into Ivanhoe Mines via a private placement that grants the sovereign wealth fund roughly a 4 per cent interest in the Canadian miner. Ivanhoe will issue 57,516,666 common shares at CAD 12 per share, with proceeds earmarked for development of critical mineral projects and general corporate needs.

Ivanhoe Mines operates key assets in southern Africa, notably the Kamoa-Kakula

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