News related to ARABIAN POST SPECIAL

Dubai advances Gold Line contractor race

Arabian Post Staff -Dubai Dubai’s Roads and Transport Authority has opened the prequalification stage for contractors and consortiums seeking to build the Dubai Metro Gold Line, moving the Dh34 billion project from planning into the procurement phase. The authority has issued requests for qualification for the fully underground line, with interested contractors required to submit qualification documents by 17 August. The process follows an expression-of-interest stage launched […]

June 30

Tehran blocks French role in Hormuz clearance

Arabian Post Staff -Dubai Iran has rejected French involvement in clearing mines from the Strait of Hormuz, declaring that Tehran alone will manage security operations in the strategic waterway under its memorandum of understanding with the United States. The rejection, delivered by Deputy Foreign Minister Kazem Gharibabadi, followed President Emmanuel Macron’s offer for France to work with Oman and other partners on demining and safe passage through […]

June 30

Abu Dhabi starts new Saadiyat arts landmark

Arabian Post Staff -Dubai Abu Dhabi has begun work on Dar al Funoon Abu Dhabi, a major performing arts centre on Saadiyat Island that is scheduled to open in 2030 and add more than 6,000 seats to the emirate’s cultural infrastructure. The project, whose name means House of the Arts, was launched near the Saadiyat Cultural District during a site visit by Sheikh Khaled bin Mohamed bin […]

June 29

weakness continues in crude oil prices key factors to watch out for

Oil gains as Gulf truce faces strain

Arabian Post Staff -Dubai Oil prices rose on Monday as renewed US-Iran military exchanges unsettled traders and slowed energy traffic through the Strait of Hormuz, reviving concerns that a fragile pause in hostilities may not hold long enough to restore normal crude flows. Brent crude futures climbed 58 cents, or 0.8 per cent, to $72.57 a barrel at 0207 GMT, while US West Texas Intermediate crude rose […]

June 29

Tether widens gold strategy with XAUT loans

Tether is moving to turn its multibillion-dollar bullion base into an active lending instrument, with holders of its gold-backed XAU₮ token set to borrow against their digital claims on physical gold without selling the underlying asset. The plan extends the company’s tokenised gold strategy into collateralised credit, a market structure already familiar to holders of bitcoin who use digital assets to obtain liquidity while keeping exposure to […]

June 28

Real Estate & Construction

UAE anchors AI supply push in Washington

Arabian Post Staff -Dubai The UAE has moved to deepen technology cooperation with the United States and allied economies through the second Pax Silica Summit in Washington, DC, placing secure artificial intelligence supply chains, advanced infrastructure and trusted cross-border deployment at the centre of its expanding AI diplomacy. The delegation, led by Saeed Al Hajeri, Minister of State, joined officials from dozens of partner economies and senior […]

June 28

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Business

Why a Growing Number of German-Speaking Founders Are Choosing Dubai

There is a particular kind of conversation happening in Munich, Vienna, and Zurich right now. A founder runs the numbers on another year of operating at home, looks at the tax line, the energy bill, and the months lost to permits and paperwork, and starts asking a question that would have seemed exotic a decade ago: what would it actually take to run this from Dubai? In […]

June 27

Golden Bridge Real Estate Unveils Special Summer Offers Across Mashriq Elite Developments on July 1, 2026

Exclusive Broker incentives and client benefits await at Floarea Skies, Floarea Breeze & Floarea Oasis – Register Now Before the Seats Run Out. Golden Bridge Real Estate is proud to present Mashriq Elite Developments Biggest Summer Offer Reveal – a special event bringing together three of Dubai’s most exciting residential projects under one roof, with great rewards for brokers and investors throughout July 2026. Mashriq Elite Developments […]

June 27

UAE false missile alert traced to glitch

Arabian Post Staff -Dubai UAE authorities confirmed there was no security threat after an emergency missile warning was pushed to mobile phones across the country on Friday evening and withdrawn within minutes, briefly unsettling residents before officials traced the episode to a technical malfunction in the national early warning system. The first message, sent at about 5.17pm on June 26, warned of “potential missile threats” and instructed […]

June 27

Avalanche forms payments alliance with VanEck

Avalanche has launched the Avalanche Payments Collective, bringing together 28 financial and technology groups including VanEck, Franklin Templeton, Anchorage Digital and Paxos in a push to build blockchain-based infrastructure for global payments, treasury management and settlement. The initiative, unveiled on Thursday, is designed to consolidate a payments ecosystem around Avalanche’s blockchain network, covering stablecoins, custody, foreign exchange, card issuance, business payments, asset management, global payouts and on-chain […]

ADNOC Drilling puts AI rig to work early

Arabian Post Staff -Dubai ADNOC Drilling has delivered AD-300, its first AI-enabled automated walking island rig, nearly three months ahead of schedule, advancing Abu Dhabi’s push to use robotics, data systems and lower-emission power options in offshore oilfield development. The rig is the first of six next-generation island units covered by a $1.54 billion drilling services programme awarded by ADNOC Offshore across 2024 and 2025. Its early […]

Foreign bank branch fined over compliance failures

Arabian Post Staff -Dubai Abu Dhabi’s banking regulator has imposed an AED20 million penalty on the UAE branch of an unnamed foreign bank after examinations found significant and repeated failures in its anti-money laundering, counter-terrorism financing and sanctions compliance framework. The Central Bank of the UAE said the action was taken under the federal law governing the regulator and licensed financial institutions. It also imposed a separate […]

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J.P. Morgan pares Brent outlook on softer demand

Arabian Post Staff -Dubai J. P. Morgan has cut its Brent crude price forecast for the second half of 2026, signalling that weaker demand and smaller-than-expected stock draws have reduced the upward pressure that had kept oil markets tense through much of the year. The bank now expects Brent to average $86 a barrel in the third quarter and $80 in the fourth, with prices ending 2026 […]

Ruggieri links with Novara for Gulf spectacle push

Arabian Post Staff -Dubai Ruggieri has formed a project-based collaboration with Dubai-based Novara Events Management to develop large-scale pyrotechnic and multimedia experiences for the Gulf events market, bringing together one of Europe’s oldest fireworks houses and a regional organiser targeting high-impact live productions. The agreement positions the 300-year-old French pyrotechnics specialist to deepen its presence in a market where festivals, national celebrations, destination launches, private events and […]

June 24

Bitcoin Suisse gains regulated route into Europe

Bitcoin Suisse has secured a crypto-asset service provider licence in Liechtenstein, giving the Zug-based digital-asset group a regulated platform for expanding its services across selected European Economic Area markets as the region’s MiCAR regime reshapes competition among crypto firms. The licence, granted by the Liechtenstein Financial Market Authority to Bitcoin Suisse AG, allows the company to operate under the Markets in Crypto-Assets Regulation, the European framework designed […]

June 24

Oman tests under-16 social media shield

Arabian Post Staff -Dubai Oman is weighing a ban on social media access for children under 16 as its telecoms regulator seeks public feedback on draft rules designed to tighten online safety, curb harmful exposure and define the duties of digital platforms. The Telecommunications Regulatory Authority has opened a consultation on the proposed framework, inviting parents, experts, educators, technology companies and the wider public to submit views […]

June 23

Burjeel taps sukuk market for expansion drive

Arabian Post Staff -Dubai Abu Dhabi-listed Burjeel Holdings has launched a $1.5 billion senior unsecured sukuk programme on the London Stock Exchange’s International Securities Market, giving the healthcare group a new funding platform as it pushes into specialised care, research, digital transformation and AI-enabled medical services. The programme, established through Burjeel Sukuk Limited, marks one of the group’s most significant capital-market steps since its Abu Dhabi Securities […]

June 23

DIFC moves to sharpen AI data rules

Arabian Post Staff -Dubai Dubai International Financial Centre has opened a 30-day public consultation on proposed amendments to its data protection regulations, seeking tighter safeguards for organisations using artificial intelligence and data-driven systems to process personal information. The proposed changes are aimed at strengthening governance, accountability and privacy protections across the financial free zone as banks, asset managers, insurers, fintech firms and professional services companies expand the […]

June 22

Gumi sharpens XRP treasury push

Tokyo-listed game developer Gumi has moved to deepen its exposure to XRP, positioning the token at the centre of a broader restructuring that shifts the company further beyond mobile games and into blockchain-linked financial infrastructure. The Shinjuku-based company is consolidating digital asset operations under a “Neo Crypto Business” pillar, alongside its “Neo Media Entertainment Business”, as it seeks to become one of Japan’s most prominent corporate holders […]

June 20

Amanat tightens grip on Gulf rehabilitation care

Arabian Post Staff -Dubai Amanat Holdings has completed its takeover of Cambridge Health Group after buying the remaining 10.03 per cent stake for AED105 million, giving the Dubai-listed healthcare and education investor full control of one of the Gulf’s largest post-acute and rehabilitation care platforms. The transaction closes a phased acquisition process that accelerated this month, when Amanat first raised its holding in Cambridge Health Group from […]

June 20

MENA dealmakers brace for slower rebound

Arabian Post Staff -Dubai MENA mergers and acquisitions are expected to recover only gradually after war-driven volatility hit confidence, even as bankers say the region’s strategic deal pipeline remains alive. Bank of America expects activity lost during the first half of the year to take months, rather than days or weeks, to return, with transactions delayed by the conflict involving Iran, the US and Israel. The bank’s […]

June 19