Category: Latest Updates

Arabian Post Staff -Dubai Etihad Airways has signed a codeshare agreement with Uzbekistan Airways, opening eight destinations across Uzbekistan to its global passengers and giving travellers from Tashkent access to Abu Dhabi through a single-ticket arrangement.The agreement takes effect from 15 May 2026 and is designed to connect Etihad’s international network with Uzbekistan Airways’ domestic reach through Tashkent, the largest city in Central Asia. Bookings are being made available through both carriers, with Etihad’s Abu Dhabi-Tashkent service scheduled to begin

Arabian Post Staff -Dubai ADNOC has exchanged two strategic collaboration agreements with partners from India, widening Abu Dhabi’s role in crude storage, LPG supply and energy-security planning at a time of volatile shipping routes and rising fuel demand across Asia.The agreements were announced in Abu Dhabi on 15 May 2026 during Prime Minister Narendra Modi’s visit to the UAE, in the presence of President Sheikh Mohamed bin Zayed Al Nahyan. They place ADNOC at the centre of a broader energy

Arabian Post Staff -Dubai Abu Dhabi’s property market has entered 2026 with record transaction values, sharply higher foreign investment and growing evidence that global capital is treating the emirate as a long-term real estate and wealth-management base rather than a cyclical Gulf property play.K Estates, a boutique luxury real estate advisory, said its Abu Dhabi Market Brief for 2026 shows total real estate transactions reaching AED66 billion in the first quarter, up 160.7 per cent year on year. The number

Arabian Post Staff -Dubai Abu Dhabi’s Jassem Mohamed Bu Ataba Al Zaabi has moved from a largely behind-the-scenes fiscal role into the centre of global dealmaking, taking charge of L’IMAD Holding as the emirate reshapes its sovereign investment network and pushes deeper into infrastructure, technology, finance and strategic industries.Al Zaabi, long associated with the emirate’s Department of Finance and its investment oversight bodies, was named managing director and chief executive of L’IMAD in January, when Abu Dhabi formed the board

Arabian Post Staff -Dubai Several airports operated by Cluster2 Airports have secured higher carbon accreditation from Airports Council International, placing Saudi Arabia’s regional aviation network deeper into the global push to measure, reduce and manage airport emissions.Arar Airport has attained Level 4+ under the Airport Carbon Accreditation programme, one of its highest tiers, while King Abdullah bin Abdulaziz International Airport in Jazan, Najran Airport, Sharurah Airport, Wadi Al-Dawasir Airport and Al-Wajh Airport have achieved Level 2. The certifications mark a

Arabian Post Staff -Dubai Vista Equity Partners has opened a new Abu Dhabi office within ADGM, giving the global enterprise software investor a regulated base in one of the region’s fastest-growing financial centres as capital flows into technology, private markets and artificial intelligence-linked infrastructure accelerate across the Gulf.VEPM Middle East Limited has secured full authorisation from ADGM’s Financial Services Regulatory Authority, allowing the firm to advise on investments and arrange investment deals across the region. The office, based in Al

Arabian Post Staff -Dubai M42 has launched kidney. com, a free AI-powered kidney health assistant aimed at widening access to reliable education for people living with, or at risk of, chronic kidney disease across several international markets.The platform has gone live in the UAE, France, Germany, Portugal and the UK, with further country launches planned. It combines M42’s artificial intelligence, health technology and genomics capabilities with Diaverum’s 35 years of renal-care experience, positioning the service as a disease-specific digital tool

Arabian Post Staff -Dubai FUCHS Egypt Lubricants has appointed Dynamic Distribution Co. as its official distributor across Upper Egypt, marking a sharper push by the German-rooted lubricant group to deepen its access to workshops, fleet operators, agricultural users and industrial customers beyond the Cairo-centred supply chain.The partnership gives Dynamic Distribution responsibility for expanding the availability of FUCHS products in a region that includes major commercial corridors and fast-growing governorates along the Nile Valley. The appointment is designed to improve local

Arabian Post Staff -Dubai Zimbabwe’s export map is shifting sharply towards the Gulf, with the United Arab Emirates emerging as the country’s largest overseas market as trade, minerals sales and investment talks deepen between Harare and Dubai.Bilateral trade reached about US$4.1 billion last year, driven mainly by mineral exports and reinforced by a new pipeline of investment discussions covering mining, renewable energy, manufacturing, agriculture and logistics. Deals under discussion range from US$10 million to US$200 million, with at least five

Arabian Post Staff -Dubai Dubai’s Gold Souq has come under a sharper regulatory spotlight after Abdulla bin Touq Al Marri, Minister of Economy and Tourism, led an inspection tour to assess whether merchants are meeting rules designed to prevent money laundering, terrorism financing and proliferation financing in the precious metals trade.The visit placed one of Dubai’s most prominent retail and wholesale gold hubs at the centre of the UAE’s wider push to strengthen financial-crime controls before another international assessment of

Arabian Post Staff -Dubai Abu Dhabi’s arbitration centre has recorded a 38 per cent rise in cases between its first and second years of operation, signalling stronger business reliance on the emirate’s formal dispute resolution framework as cross-border commerce expands.The Abu Dhabi International Arbitration Centre, known as arbitrateAD, has administered 105 matters since it began accepting cases in February 2024. The growth was disclosed in its inaugural Biennial Report 2024–2026, which tracked a broad range of institutional arbitration cases and

Arabian Post Staff -Dubai Nisus Finance Services Co Limited has announced a strategic push into the UAE construction market through New Consolidated Construction Company Limited, positioning the newly acquired contractor as a regional platform for infrastructure, real estate and specialised asset delivery across the Gulf.The move brings NCCCL into one of the region’s busiest project markets, where construction, transport, utilities, housing and technology-led infrastructure continue to attract large public and private capital commitments. GCC projects worth about $951 billion are

Arabian Post Staff -DubaiSaudi Arabia’s Knowledge Economic City narrowed its first-quarter net loss as higher revenue and stronger gross profit helped offset continuing finance and development costs at its flagship Madinah project.The Tadawul-listed developer reported a net loss attributable to shareholders of SAR15.43 million for the three months ended March 31, compared with SAR17.26 million a year earlier, a reduction of 10.6 per cent. The loss was equivalent to about $4.11 million, based on the dollar peg. Revenue rose

Arabian Post Staff -DubaiDubai International Financial Centre has reaffirmed the resilience of its financial ecosystem, saying global clients across banking, insurance, wealth management and innovation remain committed to Dubai and the UAE despite heightened uncertainty across parts of the Middle East.Essa Kazim, Governor of DIFC, said the past few weeks had tested regional markets, but had also underlined the depth of confidence among institutions operating from the centre. “Over the past few weeks, countries in the Middle East have

Arabian Post Staff -Dubaie& and Qualcomm Technologies have deepened their technology partnership with a plan to develop AI-powered autonomous systems for robotics, drones and other physical platforms across the UAE, placing edge computing and intelligent connectivity at the centre of the country’s next phase of industrial digitalisation.Central to the collaboration is a Next-Gen Autonomous Management Platform for Physical AI, designed to combine e&’s connectivity infrastructure with Qualcomm Technologies’ edge AI and computing capabilities. The platform is intended to

Arabian Post Staff -Dubai Space42 has selected Skylo Technologies to provide standards-based direct-to-device connectivity through Thuraya-4, advancing plans to merge mobile satellite services with mainstream telecom networks across underserved land, sea and remote industrial zones.The Abu Dhabi-listed space technology company said the partnership will use Skylo’s 3GPP-compliant non-terrestrial network platform with Thuraya-4, Space42’s next-generation geostationary mobile communications satellite. The integration is designed to allow ordinary compatible devices to connect through satellite coverage without requiring a separate satellite handset, modified SIM or

Arabian Post Staff -DubaiAl-Futtaim Engineering has completed a major mechanical, electrical and plumbing package at Dubai Exhibition Centre, strengthening the venue’s readiness for larger global exhibitions at Expo City Dubai.The company, part of Al-Futtaim Contracting, delivered the MEP scope for the Dubai Exhibition Centre within a nine-month programme, taking the project from site access to final commissioning and operational readiness. The development has secured Building Completion Certificate status, enabling the expanded venue to support high-volume international events, including Gulfood

Arabian Post Staff -DubaiQatar has presented its labour-policy overhaul as a wider migration-governance model, placing worker mobility, fair recruitment and anti-trafficking controls at the centre of its pitch to international partners.The position was set out at the Second International Migration Review Forum in New York, where HE Sheikha Najwa bint Abdulrahman Al-Thani, Undersecretary of the Ministry of Labour, argued that migration policy must move beyond declarations and produce measurable protections for workers across recruitment, employment and return. The intervention

Arabian Post Staff -DubaiClassrooms across the UAE are set to reopen on Monday, May 11, after education authorities cleared the resumption of in-person learning for students, teachers and administrative staff following a temporary shift to remote classes linked to regional security developments.The decision covers public and private schools, nurseries, universities and higher education institutions across the country, restoring normal campus attendance after precautionary distance learning measures were introduced from May 5 to May 8. The move was taken

Arabian Post Staff -Dubai UAE and Dutch officials have moved to deepen cooperation in energy, climate adaptation, water management and trade, using a visit by Abdulla Balalaa to the Kingdom of the Netherlands to align bilateral priorities ahead of the 2026 United Nations Water Conference in Abu Dhabi.Balalaa, UAE Assistant Minister of Foreign Affairs for Energy and Sustainability, held meetings with Dutch government officials responsible for foreign trade, development cooperation, infrastructure, water management, climate and energy policy. The talks placed

Arabian Post Staff -DubaiAbu Dhabi has moved to sharpen protection for factories, utilities and critical infrastructure after the UAE Cyber Security Council and Siemens signed an MoU to strengthen operational technology cyber resilience across industrial sectors.The agreement, signed on the sidelines of the fifth Make it in the Emirates, creates a framework for cyber defence, knowledge sharing and local security capabilities. It calls for a Joint Innovation Center of Excellence dedicated to OT cybersecurity research, talent development and

Arabian Post Staff -DubaiDP World has launched an end-to-end cargo war risk insurance product for businesses moving goods through the Middle East, seeking to close coverage gaps that have widened as conflict risk, rerouting and port congestion reshape trade across the Arabian Gulf, Red Sea and connected inland corridors.The Dubai-based ports and logistics group said the policy would protect cargo across ocean or air transit, port storage and inland transport under one arrangement, rather than limiting protection to a

Arabian Post Staff -Dubai Dubai’s automotive data market is moving deeper into predictive intelligence after Seez entered a strategic collaboration with AutoData Middle East to strengthen vehicle valuation and market analytics across the region.The agreement brings Seez’s artificial intelligence models into AutoData Analytics, with an immediate focus on the platform’s Future Residual Value module. The integration is intended to improve projections of how vehicles retain value over time, giving manufacturers, dealers, leasing companies, financiers, insurers and fleet operators a more

Arabian Post Staff -DubaiRas Al Khaimah Economic Zone has signed two strategic agreements with MAGRABi Retail Group and Mighty Industrial Park, widening the emirate’s manufacturing base through projects covering retail fit-out production, metal recycling, refining and advanced industrial activity.The agreements were signed during the fifth edition of Make it in the Emirates at ADNEC Centre Abu Dhabi, in the presence of Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah. The deals place

Arabian Post Staff -DubaiGlobal health officials moved to contain public anxiety over a deadly hantavirus cluster linked to the MV Hondius, a Dutch-flagged expedition cruise ship that sailed from Argentina toward Cape Verde, stressing that the outbreak does not signal the start of another coronavirus-style pandemic.Dr Maria Van Kerkhove, the World Health Organization’s director for epidemic and pandemic preparedness and prevention, said the virus behaves very differently from SARS-CoV-2 and is not spreading in the way that drove Covid-19

Arabian Post Staff -DubaiMastercard has launched a regional resilience programme for small and medium-sized enterprises across the Middle East, bringing together banks, government bodies and business networks to help companies manage cash-flow stress, supply-chain disruption and higher operating costs.The initiative, called Built Small. Moving Strong, is being positioned as a coordinated response to pressure on smaller businesses at a time when trade disruptions, logistics costs, energy-price volatility and tighter financing conditions are testing the region’s private-sector base. The programme

Arabian Post Staff -DubaiAE Coin and USDU are developing a regulated digital conversion framework designed to let institutions move between UAE dirham- and dollar-backed payment tokens for settlement, treasury and cross-border use inside the UAE’s tightening virtual-asset rulebook. The initiative is being structured with support from Al Maryah Community Bank, positioning the lender as a key banking infrastructure partner for compliant AED–USD token conversion.The framework is intended to connect AE Coin, a dirham-pegged stablecoin used through Mbank’s AEC

Arabian Post Staff -Dubai Arada has entered the UAE healthcare market by acquiring a majority stake of more than 80 per cent in Reem Hospital, marking a decisive shift by the master developer from residential communities and branded wellness projects into clinical care.The transaction gives Arada control of one of Abu Dhabi’s specialist private healthcare assets and comes with an AED2 billion investment commitment to expand Reem Hospital across the UAE. The plan includes doubling active capacity at the Reem Island

Arabian Post Staff -Dubai Mubadala Investment Company has taken a significant minority stake in Power Factors, deepening Abu Dhabi’s exposure to the software layer of the global renewable energy industry as operators confront larger, more complex and increasingly hybrid clean-power portfolios.The transaction brings Mubadala alongside Vista Equity Partners, the existing investor in Power Factors, and positions the Abu Dhabi-based global investor behind a company whose systems are used across wind, solar and energy storage assets in more than 70 countries.

Arabian Post Staff -Dubai Dubai’s financial free zone has strengthened its standing as a global insurance centre after gross written premiums climbed to $4.2 billion in 2025, up 20 per cent from $3.5 billion a year earlier.Underwriting volumes at Dubai International Financial Centre have doubled since 2022, marking a sharp expansion in the emirate’s role as a booking, structuring and specialist underwriting platform for risks flowing across the Middle East, Africa and South Asia, as well as wider international markets.

Arabian Post Staff -Dubai Almarai has signed a one-year agreement in Riyadh to provide essential medication for children living with rheumatism, widening private-sector support for families facing long-term treatment costs and limited access to specialised care.The agreement with the Charitable Association for Rheumatism Patients is aimed at children whose health can deteriorate when diagnosis, medication and follow-up care are delayed or interrupted. The initiative is designed to improve mobility, ease pain, protect daily functioning and reduce complications linked to chronic inflammatory

Arabian Post Staff -DubaiADNOC Drilling is targeting an equal revenue split between its core drilling business and manufacturing-linked oilfield services within five years, signalling a deeper push into local industrial capacity as Abu Dhabi’s energy sector widens its role beyond upstream operations.Youssef Salem, Chief Financial Officer of ADNOC Drilling, said the company aims to generate about 50 per cent of revenue from drilling and 50 per cent from manufacturing and related value-added services over the next five years. The

Arabian Post Staff -Dubai Abu Dhabi’s EDGE Group and France-headquartered ICAPE Group have signed an agreement to explore joint development and local supply of critical electronic subsystems, strengthening the UAE’s drive to build more resilient defence and advanced-technology manufacturing chains.The memorandum of understanding was signed on 5 May at Make it in the Emirates 2026 in Abu Dhabi, where industrial localisation, supply-chain security and high-value manufacturing have been central themes. The arrangement gives the two companies a framework to assess

Arabian Post Staff -Dubai Parkin has signed a long-term framework agreement with Arada to operate parking assets at Aljada in Sharjah, marking the Dubai-listed company’s first expansion into the emirate and a key step in its plan to grow beyond its home market.The agreement appoints Parkin as the sole parking operator at Arada’s flagship mixed-use Aljada development, where up to 9,900 spaces will be brought into operation between 2026 and 2030. The portfolio will cover on-street, off-street and building parking