Arabian Post Staff -Dubai Middle East conflict damage to energy infrastructure could leave the region facing as much as $58 billion in repair costs, according to a sharply revised estimate from Rystad Energy, with oil and gas facilities alone accounting for up to $50 billion and much of the burden falling on complex plants whose restoration may take years rather than months. The research firm said the […]
Cardano is drawing fresh attention after a burst of on-chain activity revived debate over whether stronger network usage can translate into a rebound for ADA, the blockchain’s native token, after a prolonged spell of weak price action. The trigger for the discussion was commentary tied to staking infrastructure provider Everstake, which said daily active addresses and transaction counts had risen sharply over the past three months, feeding […]
Arabian Post Staff -Dubai UAE investors are moving faster than their peers almost anywhere in the world to bring artificial intelligence into investment decision-making, with a new global study by wealth-tech firm BridgeWise placing the country second overall in its AI optimism rankings and first on “momentum”, a measure of how strongly investors intend to replace traditional research methods with AI tools over the next year. The […]
Arabian Post Staff -Dubai Gold prices steadied on Wednesday after touching a one-month high earlier in the session, with traders weighing the pull of geopolitical risk against tentative signs that Washington and Tehran could return to the negotiating table within days. The metal’s pause came as broader markets turned cautious, reflecting uncertainty over whether diplomacy will gain traction or merely offer a brief respite in a […]
Goldman Sachs has moved further into digital assets with a filing for the Goldman Sachs Bitcoin Premium Income ETF, a proposed fund designed to give investors exposure to bitcoin-linked products while generating income by selling call options. The preliminary prospectus was filed with the US Securities and Exchange Commission on April 14, and sets out a strategy aimed at current income alongside capital appreciation rather than a […]
Arabian Post Staff -Dubai Global smartphone shipments fell in the first quarter, ending the run of growth that had followed the sector’s rebound from its 2023 downturn, as a squeeze in memory supply and higher component prices forced brands to trim volumes, raise prices and rethink launch plans. IDC said worldwide shipments declined 4.1 per cent in the January-March period, while Samsung and Apple were the only […]
Arabian Post Staff -Dubai Al Ansari Exchange has expanded its partnership with Etihad Credit Bureau, enabling individuals to obtain official credit reports through more than 285 branches across the UAE in a move that broadens physical access to personal financial data and underlines a wider push towards transparency in consumer finance. The service marks an extension of a relationship that had already covered corporate credit reports, and […]
Cisco is closing in on a deal to buy Astrix Security for as much as $350 million, according to multiple reports, in a sign that one of the world’s largest networking and security groups is moving faster to secure the fast-growing risks created by AI agents and other non-human identities inside large organisations. The talks, first reported on April 10, value the Israeli startup at roughly three […]
Arabian Post Staff -Dubai Global bond markets fell on Monday as the collapse of US-Iran peace talks shifted investor attention away from hopes of de-escalation and back towards a harsher inflation outlook, with oil above $100 a barrel reinforcing bets that central banks will keep borrowing costs elevated for longer. Government bond yields moved higher across major markets as traders reassessed how persistent energy-driven price pressure could […]
Arabian Post Staff -Dubai AD Ports Group is accelerating its effort to turn itself from a Gulf port operator into a broader trade and logistics network, using expansion in Egypt, Africa, Pakistan and the Mediterranean to win a larger role in global supply chains as companies seek more resilient routes and integrated cargo services. For the Abu Dhabi-based group, 2025 marked another year of record financial growth. […]
Arabian Post Staff -Dubai Dubai World Trade Centre Free Zone has partnered with Wio Bank to give businesses setting up or operating in the zone faster access to digital banking services, in a move aimed at easing one of the more persistent bottlenecks faced by new companies in the emirate: opening and managing a bank account during the early stages of incorporation. The agreement, announced on April […]
Arabian Post Staff -Dubai Oil vaulted above $100 a barrel and share markets retreated on Monday after President Donald Trump ordered a US naval blockade targeting traffic to and from Iranian ports, sharply escalating tensions around the Strait of Hormuz after weekend talks between Washington and Tehran collapsed in Islamabad. The move revived fears of a wider confrontation across the Gulf and renewed concern over inflation, shipping […]
Arabian Post Staff -Dubai Central Bank of the UAE has appointed financial software group VERMEG to develop a central securities depository solution, a move that places the monetary authority more directly inside the country’s post-trade market infrastructure and signals a broader push to tighten the links between payments, settlement and capital markets. The announcement was made on 13 April, with CBUAE saying the project is intended to […]
Arabian Post Staff -Dubai University of Sharjah has opened a conference on intellectual security and social media, placing the debate over online influence, youth vulnerability and responsible digital engagement at the centre of its academic agenda as governments, universities and religious scholars grapple with the speed at which harmful narratives can spread online. The event, organised by the College of Sharia and Islamic Studies through its Forum […]
Arabian Post Staff -Dubai Qatar Islamic Bank has been named Qatar’s best private bank at the Euromoney Private Banking Awards 2026, handing the lender a prominent endorsement in a market where domestic banks and international wealth managers are competing more aggressively for high-net-worth clients seeking personalised advice, Shari’a-compliant products and stronger digital access. Euromoney’s national winners list for Qatar names QIB as the country’s best private bank […]
Arabian Post Staff -Dubai University of Doha for Science and Technology and the Community College of Qatar have signed a memorandum of understanding aimed at deepening academic collaboration, in a move that underscores Qatar’s push to align higher education more closely with labour-market needs and applied learning. The agreement establishes a framework for cooperation and knowledge exchange between the two institutions, with the stated goal of advancing […]
PEPE gave up ground after a sharp run-up ran into selling pressure near the $0.0000037-$0.0000038 range, with traders taking profits as excitement around a proposed US exchange-traded fund for the meme token failed to generate a lasting second leg higher. Market data on April 11 showed PEPE trading around $0.0000035, leaving it well below its 2024 peak and indicating that the latest burst of enthusiasm had not […]
Arabian Post Staff -Dubai Abu Dhabi will bring back its flagship infrastructure gathering in a larger format next month, with organisers casting the 12-14 May event as a platform to push smart, sustainable and people-centred urban development at a time when the emirate is moving ahead with one of the region’s biggest public project pipelines. The Abu Dhabi Infrastructure Summit, hosted by the Abu Dhabi Projects and […]
Michael Saylor has argued that Bitcoin may already have found a durable floor around $60,000, framing the slide earlier this year as a washout of forced sellers rather than a collapse in conviction. The Strategy executive chairman also pushed back against rising alarm over quantum computing, saying the threat to Bitcoin is overstated for now. His remarks landed as Bitcoin traded near $72,800 on April 11, showing […]
Enhanced Labs has raised $1 million in a strategic pre-seed round as the decentralised finance startup seeks to widen access to structured yield products built on options and derivatives, moving beyond large crypto tokens towards a broader set of on-chain assets that includes tokenised real-world assets. The round was led by Maximum Frequency Ventures, with GSR, Selini, Flowdesk and angel investors also taking part, according to company […]
Arabian Post Staff -Dubai Saudi Arabia has moved to raise its profile in global data governance after the Saudi Data and Artificial Intelligence Authority, known as SDAIA, said it had joined the Global Privacy Assembly, a forum that links privacy and data protection authorities worldwide. The step puts the Kingdom’s privacy regime more visibly alongside international rule-setting efforts at a time when Riyadh is pushing digital government, […]
Arabian Post Staff -Dubai RAK Ceramics has moved to reassure customers, contractors and distributors that its operations across the UAE and the wider region remain uninterrupted, saying access across its customer network is continuing without disruption across both retail and project channels. The statement comes at a time when businesses across the Gulf are paying closer attention to logistics resilience, input costs and delivery schedules amid wider […]
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Arabian Post Staff -Dubai Saudi supply lines face deeper strain Attacks on Saudi energy facilities have knocked about 600,000 barrels per day from the kingdom’s oil production capacity and cut throughput on the East-West Pipeline by roughly 700,000 bpd, according to Saudi state media citing an Energy Ministry official, in a blow to the world’s top oil exporter at a time when its western pipeline route has […]
Arabian Post Staff -Dubai Jazan Municipality has put 28 development projects worth SR546 million into the Farasan Islands pipeline, combining completed works with schemes still under construction as authorities step up efforts to improve infrastructure, add hospitality capacity and expand housing across one of the Red Sea’s most distinctive island groups. The municipality said 19 projects valued at SR398 million have been completed, while nine more worth […]
