Arabian Post Staff -Dubai Abu Dhabi has denied claims that money was transferred from the UAE to Iran, rejecting allegations that frozen Iranian assets, including a reported $3bn tranche, had been released or routed through its financial system. The Ministry of Foreign Affairs said the reports were “entirely false and unfounded” and stressed that no frozen Iranian funds had been released, transferred or facilitated through the country. […]
Arabian Post Staff -Dubai Dubai has established the Dubai Longevity Authority under Law No. 17 of 2026, setting up a dedicated regulator to oversee one of the fastest-growing areas of healthcare, wellness and life sciences as the emirate seeks to build a global hub for advanced medicine and healthy ageing. The law was issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime […]
Investors have become so focused on AI software that many are overlooking the industries making the boom possible. I believe this could prove to be an expensive mistake. The dominant investment narrative has revolved around the companies building AI models, designing advanced chips and providing cloud-computing services. Investors have poured huge amounts of capital into firms such as NVIDIA, Microsoft, Amazon, Alphabet and Meta Platforms. Those businesses […]
Golden Bridge Real Estate is proud to announce its highly anticipated Back to Business summer event, unveiling an exclusive collection of summer offers for The Caden by Prescott, located in one of the most in-demand locations of Dubai – Meydan Horizon community. The event is designed to bring together Dubai’s brokers and investors under one roof, marking one of the most compelling real estate offers of the […]
Morpho has secured $175 million from a group of heavyweight financial and crypto investors, strengthening its bid to turn decentralised lending into core infrastructure for global credit markets. The funding round was co-led by Paradigm, a16z crypto and Ribbit Capital, with participation from Apollo Funds, Circle Ventures, VanEck, Ledger Cathay, Variant, Wintermute Ventures, Prelude, IOSG, HashKey, Mirana, NJJ Capital, SBI Group and Bpifrance. The raise ranks among […]
Arabian Post Staff -Dubai Washington carried out overnight strikes on Iranian military sites near the Strait of Hormuz after President Donald Trump said Tehran had shot down a US Army Apache helicopter patrolling the strategic waterway. US Central Command said the operation was launched on Trump’s orders and described the action as self-defence. The strikes targeted air defence systems, ground control stations and surveillance radar sites positioned […]
Arabian Post Staff -Dubai Oman is moving to convert fiscal repair and regulatory reform into a stronger claim on international capital, positioning the International Financial Centre of Oman as the centrepiece of a drive to attract financial institutions, fund managers and professional services firms. The push comes as Muscat benefits from a restored investment-grade profile after several years of debt reduction, spending restraint and higher policy credibility […]
Anthropic has released Claude Fable 5, its most powerful AI model made broadly available, opening public access to a safeguarded version of the company’s Mythos-class technology after months of controlled testing among selected partners. The launch marks a significant shift for the San Francisco-based AI company, which had previously limited Mythos-class capabilities because of concerns over advanced cybersecurity and biological-risk use cases. Claude Fable 5 is being […]
Humanity Protocol suffered a sharp market collapse after a private-key compromise hit wallets linked to the Web3 identity project, draining more than $30 million and sending its H token down by nearly 90 per cent during Tuesday trading. The breach exposed a critical weakness in one of the fastest-rising digital identity ventures in the crypto market, where projects promise privacy-preserving proof of personhood but still depend on […]
United States lawmakers have set out a package of digital asset tax measures aimed at reducing compliance burdens for crypto users while giving tax authorities clearer rules for staking, mining, stablecoins, trading losses and charitable donations. The House Ways and Means Committee has placed six numbered bills and a related discussion draft before a full committee hearing on digital asset taxation scheduled for June 9 at 2pm […]
Sahara AI’s SAHARA token suffered a steep sell-off on Tuesday after large on-chain transfers from wallets linked to the project triggered concern among traders, cutting the token’s value by as much as 60 per cent before a partial recovery. SAHARA fell from about $0.038 to an intraday low near $0.0129, then recovered to around $0.016 as heavy trading continued across major venues, including Binance. Turnover exceeded $250 […]
Arabian Post Staff -Dubai Wizz Air will introduce Starlink-powered internet across its fleet from 2027, making one of Europe’s most cost-focused airlines the first ultra-low-cost carrier on the continent to commit to satellite connectivity at scale and raising fresh questions over how far budget aviation can stretch beyond its bare-fare model. The Hungary-based airline plans to install the SpaceX service on its next-generation aircraft, offering passengers high-speed, […]
MetaMask has launched Agent Wallet, a self-custodial product designed to let AI agents trade and manage crypto activity while keeping users in control of funds, approvals and risk limits. The Consensys-owned wallet provider introduced the service on 8 June through a limited early-access programme, initially aimed at traders and developers testing autonomous finance tools. A wider rollout is planned over the coming months as crypto firms race […]
Arabian Post Staff -Dubai Bahrain-based Investcorp has launched an Artificial Intelligence Investment Framework to guide its investment decisions across private equity, real assets and credit, positioning the technology as a central factor in deal screening, portfolio construction and value creation across its global alternatives platform. The framework, set out in a new report, formalises how the Manama-headquartered firm will assess AI-led opportunities and risks at a time […]
Arabian Post Staff -Dubai Saudi Arabia has set out fresh conditions for non-resident foreign companies seeking to own real estate in the kingdom without carrying out business operations, adding a more formal registration route for overseas entities under the Investor Guide 2026. The update by the Ministry of Investment creates a defined process for companies that want to hold property as an asset, rather than enter the […]
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Arabian Post Staff -Dubai Etihad Airways is ordering more widebody aircraft as the Abu Dhabi carrier moves to restore momentum across long-haul markets and lift flying by about 8 per cent from year-earlier levels by 15 June. Chief executive Antonoaldo Neves said the airline was buying widebody planes in double digits, though he declined to identify the manufacturer, aircraft type or exact number. The remarks, made on […]
Arabian Post Staff -Dubai Saudi Arabia has opened talks with Russia’s Sistema investment group in St Petersburg as Riyadh seeks to deepen industrial partnerships, localise advanced technologies and strengthen supply chains under its wider economic diversification programme. Minister of Industry and Mineral Resources Bandar Alkhorayef met senior Sistema executives during a visit to the Russian city, with discussions centred on cooperation in high-priority industrial sectors and the […]
Arabian Post Staff -Dubai First Abu Dhabi Bank has entered a strategic partnership with Water. org and WaterEquity, investing in the WaterEquity Everspring Fund to expand access to safe water and sanitation across emerging markets through market-based financing. The Abu Dhabi lender said the agreement creates a platform for continuing collaboration with the global non-profit Water. org and its affiliated impact investment manager WaterEquity. The fund channels […]
Microsoft’s unveiling of its Majorana 2 quantum chip has intensified debate over how quickly Bitcoin and other digital assets must prepare for a post-quantum security era. The chip, presented at the company’s Build conference in San Francisco, marks the next stage of Microsoft’s long-running push to develop a fault-tolerant quantum computer based on topological qubits. Microsoft says the new processor delivers a sharp improvement over Majorana 1, […]
Premu has launched user-created leveraged prediction markets ahead of the 2026 FIFA World Cup, positioning the tournament as a major test for decentralised event-trading platforms seeking to turn fan forecasts into liquid, tradable markets. The Stockholm-linked platform is allowing participants to create markets tied to World Cup outcomes, make them available for trading and receive a share of fees generated by activity in those markets. The model […]
A China-linked cyber-espionage group tracked as VerdantBamboo has been tied to a BRICKSTORM malware operation targeting Linux-based virtual appliances, firewalls and enterprise infrastructure, sharpening concerns over the security of systems that often sit outside mainstream endpoint monitoring. The activity came to light after suspicious traffic was detected from a Linux-based virtual machine appliance during an incident response investigation. The inquiry found that attackers had used stolen administrative […]
Arabian Post Staff -Dubai Crude loading at Oman’s Mina al Fahal terminal was suspended on Friday after an explosion near its single-buoy mooring berths, disrupting operations at one of the Sultanate’s most important oil export outlets. Two people familiar with the matter said the blast occurred between SBM 1 and SBM 2 and was believed to have followed a drone attack. The timing of the incident was […]
Goldman Sachs has joined Apex Group and Archax in launching a blockchain-native real estate fund, marking a fresh institutional test of whether tokenised structures can bring greater efficiency, transparency and transferability to a traditionally illiquid asset class without moving outside regulated fund frameworks. The Luxembourg-domiciled fund has been developed with LRC Group and Ownera, combining established alternative investment fund structures with on-chain issuance of fund units. The […]
Arabian Post Staff -Dubai Abu Dhabi Exports Office has begun direct site visits to UAE-based manufacturers under its AED1 billion financing partnership with Emirates Development Bank, stepping up efforts to link industrial companies with export funding, working capital support and market-expansion tools. The visits covered MEDECO, Star Paper Mill and Dana Steel, three manufacturers operating in sectors closely tied to the country’s localisation and export-growth agenda. ADEX […]
