Category: Latest Updates

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 -Dubai Al-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 -Dubai Qatar 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 -Dubai Classrooms 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 -Dubai Abu 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 -Dubai DP 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 -Dubai Ras 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 -Dubai Global 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 -Dubai Mastercard 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 -Dubai AE 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 -Dubai ADNOC 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

Arabian Post Staff -Dubai   Abu Dhabi’s family business ecosystem is set for a new layer of banking support after the Abu Dhabi Family Business Council signed a memorandum of understanding with Abu Dhabi Islamic Bank to provide tailored financial services, priority banking access and dedicated digital channels for member companies. The agreement establishes a structured framework for cooperation between ADFBC and ADIB, bringing together a council focused on family enterprise continuity with one of the UAE’s leading Islamic banks. The partnership is

Arabian Post Staff -Dubai AD Ports Group has signed a memorandum of understanding with CMA Terminals Khalifa Port and CMA CGM Group to extend container logistics beyond Khalifa Port into inland markets across the UAE and the wider region, sharpening Abu Dhabi’s bid to become a more integrated trade and distribution hub. The agreement, signed on Tuesday, brings together AD Ports Group’s consolidated inland intermodal network with the maritime scale of CMA CGM and the terminal operations of CMA Terminals Khalifa

Arabian Post Staff -Dubai London-listed Man Group is moving to establish an office in Abu Dhabi, adding fresh momentum to the UAE capital’s drive to become a larger global centre for hedge funds, alternative assets and private capital. The firm, one of the world’s biggest publicly traded hedge fund managers, has applied for a Category 3A licence at Abu Dhabi Global Market, the emirate’s international financial centre. The planned outpost remains subject to regulatory approval, but the move places Man Group

Arabian Post Staff -Dubai Betterhomes has launched City Tower for long-term leasing on Sheikh Zayed Road, positioning the 93-storey address as a high-specification rental option for tenants seeking central Dubai access without entering the ownership market. The exclusive leasing mandate, delivered in collaboration with H&H Properties, places the tower in one of the city’s most visible urban corridors, between Dubai International Financial Centre, Downtown Dubai and Jumeirah. The building is designed to appeal to professionals, families and corporate tenants looking for

Arabian Post Staff -Dubai Dubai International is moving to rebuild flight momentum after weeks of regional airspace disruption forced airlines to redraw schedules, trim frequencies and manage passenger flows through one of the world’s most important long-haul transit corridors. Dubai Airports said UAE airspace has now been fully restored, allowing DXB to increase daily flight movements in step with available regional routing capacity. The airport operator is working with airlines, service partners and control authorities to restore schedules gradually, while remaining constrained

Arabian Post Staff -Dubai OPAQUE has acquired cryptographic AI technologies developed in Abu Dhabi, expanding its confidential AI platform into model training, agentic workflows and post-quantum protection for enterprises handling highly sensitive data. The deal links OPAQUE, a San Francisco-headquartered confidential AI company founded by researchers from UC Berkeley’s RISELab, with the Technology Innovation Institute, the applied research arm of Abu Dhabi’s Advanced Technology Research Council. The transaction, announced on Monday, gives OPAQUE technology designed to protect data while it is

Arabian Post Staff -Dubai Abu Dhabi National Oil Company will award Dh200 billion worth of project contracts between 2026 and 2028, marking one of the largest new execution phases in the Gulf energy sector as Abu Dhabi moves to expand capacity, secure supply chains and deepen local manufacturing. The planned awards, equivalent to about $55 billion, form the first major tranche of ADNOC’s $150 billion capital expenditure programme for 2026-2030, approved by its board in November. The contracts will span upstream

Arabian Post Staff -Dubai Ras Al Khaimah’s economic regulator has stepped up public and business awareness over counterfeit goods, warning that fake products threaten consumer safety, undermine legitimate traders and expose offenders to serious legal action. The Ras Al Khaimah Department of Economic Development, through its Commercial Control and Protection Department, carried out an awareness campaign titled “Protect Your Products from Counterfeiting” as part of wider efforts to curb the sale of fake goods and strengthen trademark protection across the emirate.

Arabian Post Staff -Dubai Uber Technologies has agreed to acquire FlyTaxi, strengthening its position in Hong Kong’s fast-changing point-to-point transport market as the city prepares to bring ride-hailing platforms under a formal licensing regime. The deal gives Uber control of one of Hong Kong’s main remaining independent taxi-hailing apps and adds to its earlier acquisition of HKTaxi, deepening its reach into the licensed taxi trade. FlyTaxi is expected to continue operating without immediate disruption, with existing drivers and passengers on both

Arabian Post Staff -Dubai Damac International has launched Harir Residences inside its Damac Hills Baghdad master community, adding twin premium residential towers to a capital city property market increasingly shaped by private developers, affluent buyers and demand for planned urban living. The project comprises two 12-storey towers with 210 apartments, offering one-, two- and three-bedroom units. The towers are positioned within a larger community near Baghdad International Airport, an area that has become a focal point for large residential schemes, commercial

Arabian Post Staff -Dubai Dubai’s aviation regulator has launched a passenger-rights framework that gives travellers a clearer route to raise complaints, track cases online and seek resolution when disputes arise with airlines or licensed travel agents. The Aviation Consumer Welfare Directive, introduced by the Dubai Civil Aviation Authority, establishes a formal regulatory reference for the relationship between passengers, carriers and travel agents operating in the emirate. It places the authority in a more visible mediation role, allowing it to handle

Arabian Post Staff -Dubai Abu Dhabi’s Modon has sold out Tara Park on Reem Island, generating about AED 2 billion in sales and underscoring the depth of buyer appetite for well-located residential projects in the capital. The sell-out followed strong demand for the development, which is positioned as a freehold residential community connected to Reem Mall and close to Abu Dhabi Global Market, Al Maryah Island, Downtown Abu Dhabi and key education and healthcare facilities. The response points to sustained confidence

Arabian Post Staff -Dubai Emerging-market assets came under pressure as investors moved towards the dollar, cutting exposure to riskier currencies and equities before the Federal Reserve’s policy decision and amid rising doubts over artificial intelligence spending and stalled Middle East peace efforts. MSCI’s emerging-market currency gauge fell 0.3 per cent, with most major developing-economy currencies weakening against the greenback. The Philippine peso, the rupee and the Thai baht led declines, reflecting the strain on Asian foreign-exchange markets from higher oil prices,

Arabian Post Staff -Dubai Etihad Airways has launched a codeshare partnership with Air Cambodia, widening its Southeast Asian network and giving travellers a single-ticket connection from Abu Dhabi and beyond to Siem Reap through Phnom Penh. The agreement allows Etihad customers to book journeys from across its international network to Siem Reap, the gateway to the Angkor Wat temple complex, via the Cambodian capital. The arrangement includes through-checked baggage to the final destination, reducing the complexity of separate bookings and airport

Arabian Post Staff -Dubai Dubai’s Emirati Human Resources Development Council and Dubai International Financial Centre have launched a specialist programme to prepare UAE nationals for roles in wealth management, private banking and financial technology, strengthening the emirate’s push to deepen local participation in high-value financial services. The Wealth Strategist Programme is designed to equip Emirati talent with practical skills required by private banks, asset managers, family offices, FinTech firms and investment advisory businesses operating in and around DIFC. The initiative places