News related to ARABIAN POST SPECIAL

RAKEZ deepens industrial push

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 […]

May 08

Wall Street deepens crypto hiring push

Wall Street’s biggest financial groups are expanding digital-asset hiring, signalling that blockchain, tokenisation and crypto-linked trading are moving deeper into mainstream finance after years of caution. BlackRock, JPMorgan Chase and Morgan Stanley have advertised a fresh batch of roles tied to digital assets, blockchain engineering, tokenised products, risk controls and wealth-management infrastructure. The openings span senior product posts, software engineering, fraud-risk oversight, programme management and operations strategy, […]

Mastercard widens SME support across region

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, […]

NEAR rally puts AI crypto back in focus

NEAR Protocol rallied sharply on Thursday as traders returned to artificial intelligence-linked digital assets, lifting one of the main layer-1 tokens tied to blockchain-based AI infrastructure and cross-chain automation. The token rose more than 13 per cent over 24 hours, trading near $1.47 after reaching an intraday high of about $1.54. The move placed NEAR among the stronger large-cap altcoins during a session marked by renewed appetite […]

Arada deepens wellness push with Reem deal

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 […]

DIFC deepens global insurance reach

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 […]

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Almarai expands paediatric rheumatism care support

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 […]

Buzz | Arabian Post

Dhanya Issac is MD of Edelman Smithfield ME

Edelman Smithfield has announced a series of senior promotions and appointments across its Middle East business, reflecting its focus on building talent and leadership in the region. These moves underscore the firm’s commitment to developing senior expertise and strengthening its capabilities across key client accounts. Dhanya Issac has been promoted to Managing Director, Edelman Smithfield Middle East. In this expanded regional role, she will continue to lead […]

ADNOC Drilling sharpens manufacturing pivot

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 […]

EDGE deepens electronics supply push

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 […]

Man Group deepens Abu Dhabi fund rush

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. […]

Bullish bets on Equiniti to tokenise markets

Bullish has agreed to acquire Equiniti from Siris Capital in a $4.2 billion transaction that marks one of the largest moves yet by a crypto exchange into mainstream capital markets infrastructure. The deal gives Bullish control of a regulated transfer agent serving nearly 3,000 issuer clients, 15,000 corporate clients and more than 20 million shareholders. Equiniti processes about $500 billion in annual payments, making it a significant […]

Buzz | Arabian Post

Maersk transit tests Hormuz reopening

Danish shipping group A. P. Moller–Maersk has confirmed that its US-flagged vehicle carrier Alliance Fairfax has left the Arabian Gulf through the Strait of Hormuz under US military escort, giving Washington’s effort to reopen one of the world’s most important maritime chokepoints its most visible commercial test so far. The vessel, operated by Maersk’s Farrell Lines subsidiary, completed the passage on May 4 accompanied by US military […]

Cardano code push deepens access row

Cardano founder Charles Hoskinson’s claim that he has been kept outside crypto’s most powerful policy and industry circles has sharpened a wider argument over influence, visibility and technical delivery in the digital-asset sector. Hoskinson, who co-founded Ethereum before building Cardano through Input Output Global, said in an interview that he had been excluded from key conversations despite Cardano’s sustained engineering output. His remarks landed as development metrics […]

Tether deepens Bitcoin-centred stablecoin push

Tether is sharpening its claim that USDT has become core financial plumbing for the Bitcoin economy, as chief executive Paolo Ardoino frames the world’s largest stablecoin as a long-duration infrastructure project rather than a trading token built for crypto cycles. Ardoino has compared Tether’s approach to Isaac Asimov’s Foundation universe, using the analogy to stress resilience, preparation and systems designed to outlast political and financial disruption. The […]

Opaque deepens trusted AI push

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 […]

Chainlink gains ground in market plumbing

Chainlink has drawn fresh attention from digital-asset investors after a string of institutional tie-ups strengthened its claim to be a core infrastructure layer between traditional finance and blockchain-based markets. The latest push centres on the integration of market data from SIX Swiss Exchange and BME Exchange, bringing equities with a combined value of more than €2 trillion on-chain through Chainlink’s DataLink service. The move gives decentralised […]

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Opec+ lifts quotas to steady oil markets

Arabian Post Staff -Dubai Saudi Arabia, Russia and five other Opec+ producers agreed on Sunday to raise their collective oil production quota by 188,000 barrels per day from June, pressing ahead with a planned supply increase despite severe disruption to Gulf exports and the UAE’s exit from the alliance. The decision was taken at a virtual meeting of Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, […]

May 03

ADNOC sharpens its energy expansion

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 […]

May 03

Crypto’s automated attack risk deepens

Crypto exploit losses have crossed $770 million in the first four months of 2026, intensifying concern that decentralised finance is entering a harsher phase of cyber risk as attackers combine old weaknesses with faster automation, sharper social engineering and increasingly advanced reconnaissance tools. The scale of the damage has been driven by two major breaches. Drift Protocol, a Solana-based decentralised exchange, lost about $285 million after an […]

May 03