ADNOC has approved a $6.2 billion investment to develop the Umm Shaif Gas Cap, advancing Abu Dhabi’s plans to raise natural gas production and expand supplies for domestic and international customers. The offshore project is expected to produce more than 600 million standard cubic feet per day of natural gas and associated gas liquids by 2030. That volume is equivalent to almost 10 per cent of the […]
Arabian Post Staff -Dubai Abu Dhabi has begun operating a centralised waterway monitoring and control centre designed to strengthen maritime safety, improve emergency coordination and support public marine services across the emirate. The facility, managed by the Integrated Transport Centre, known as Abu Dhabi Mobility, brings surveillance, vessel movement data, regulatory enforcement and service management into a single digital platform. Abu Dhabi Maritime, part of AD Ports […]
Arabian Post Staff -Dubai Embraer and Mubadala Investment Company have signed an agreement aimed at expanding aerospace manufacturing, services and technological capabilities in the UAE, strengthening the country’s role in the aircraft maker’s global supply and support network. The agreement establishes a framework for the two companies to assess industrial projects that could increase the amount of Embraer-related work carried out in the UAE and across the […]
Arabian Post Staff -Dubai Changer. ae and Tether have signed a memorandum of understanding to examine regulated cross-border settlement services using USD₮, expanding efforts to build institutional digital asset infrastructure within Abu Dhabi Global Market. The agreement brings together Changer, an Abu Dhabi-based virtual asset custodian regulated by the Financial Services Regulatory Authority, and Tether, issuer of the world’s largest dollar-linked stablecoin. The companies will assess USD₮-to-fiat […]
Arabian Post Staff -Dubai The UAE economy has withstood disruption from the Middle East conflict, supported by strong financial reserves, rapid policy intervention and continued strength across banking, trade and logistics, the International Monetary Fund has said. An IMF staff team completed a visit to Abu Dhabi and Dubai from July 7 to 16, holding discussions on economic conditions, financial-sector performance and policy priorities. The meetings also […]
Toni Pons, the Catalan company whose hand-stitched espadrilles have become one of Spain’s more durable footwear exports, turns 80 this year. It marks the anniversary in the middle of an expansion push — and, increasingly, with the Gulf on the map as a retail market rather than a holiday one. The company closed 2025 with revenue of 32 million euros, three per cent up on the previous […]
Arabian Post Staff -Dubai Abu Dhabi is emerging as a leading long-term residential investment market as economic diversification, controlled development and stronger international capital flows reshape demand across the emirate. BlackBrick, a UAE real estate advisory firm, said the capital offered investors a combination of government-backed planning, limited prime supply and expanding employment sectors. Its assessment reflects growing interest in Abu Dhabi among overseas buyers seeking stability, […]
Arabian Post Staff -Dubai Dealing. com has secured a Guinness World Records title after making 24,343 tokenised stocks available for trading on a single investment platform, placing the Dubai-linked service at the centre of efforts to widen access to global securities through blockchain infrastructure. The title for the “Most Tokenised Stocks Available for Trading on a Single Platform” was presented to Tajinder Virk, co-founder and chief executive […]
Masdar has reached financial close on a $6.1 billion renewable energy project in Abu Dhabi, securing $5.1 billion in debt financing for a solar and battery complex designed to supply clean electricity around the clock. The Abu Dhabi-based clean energy company will provide $1 billion in equity for the development, which is being undertaken with Emirates Water and Electricity Company. A consortium of 13 local and international […]
Arabian Post Staff -Dubai Iranian cruise missiles struck two UAE tankers in the Strait of Hormuz on Tuesday, killing one crew member and injuring eight others as maritime tensions intensified across the Gulf. The Mombasa and Al Bahiyah were hit while travelling through the southern shipping lane within Omani territorial waters, the UAE Ministry of Defence said. Fires broke out on both vessels and caused material damage […]
Arabian Post Staff -Dubai SBI Funds Management raised ₹26.63 billion from anchor investors, including major sovereign wealth funds, before opening one of the country’s largest public offerings of 2026 to wider subscription on Tuesday. The asset manager allocated 46.4 million shares to 129 anchor investors at ₹574 each, the upper end of its ₹545-₹574 price band. Strong institutional demand helped the anchor book attract prominent global investors […]
Arabian Post Staff -Dubai ADI Chain has secured a $50 million strategic investment to accelerate the international deployment of blockchain infrastructure designed for governments, enterprises and regulated digital-asset markets. The funding will support network expansion, institutional integrations and the development of applications that connect public blockchain technology with national payment systems, financial institutions and large corporate users. The company did not disclose detailed commercial terms of the […]
Arabian Post Staff -Dubai Abu Dhabi recorded a 21 per cent annual increase in new economic licences during the first quarter of 2026, signalling sustained investor demand and stronger business formation across commercial, professional and industrial activities. The number of active licences across the emirate rose 12 per cent between January and March compared with the same period last year. The expansion covered all three regions, with […]
Arabian Post Staff -Dubai The UAE activated its air defence network early on Sunday to intercept ballistic missiles, cruise missiles and drones launched from Iran, as a fresh exchange of attacks widened the Gulf conflict and triggered emergency alerts across several countries. The Ministry of Defence said loud sounds heard in scattered parts of the country were caused by interception operations. Fighter aircraft and ground-based systems were […]
The United States has sharply loosened export controls on the UAE, opening wider access to advanced artificial intelligence chips, military equipment, commercial satellites and other sensitive technologies. The Department of Commerce reclassified the UAE under the Export Administration Regulations on Friday, placing it in a group that receives broader licence exemptions for controlled military and dual-use goods. The decision marks a significant upgrade in economic, defence and […]
Ticket sales have opened for the 23rd Abu Dhabi International Hunting and Equestrian Exhibition, which will run from August 28 to September 6 at ADNEC Centre Abu Dhabi. ADNEC Group, a Modon company, said visitors can purchase admission through the exhibition’s official digital channels and Ticketmaster. The launch begins the public countdown to one of Abu Dhabi’s largest heritage, outdoor lifestyle and specialist trade events. ADIHEX 2026 […]
Arabian Post Staff -Dubai ADNOC Logistics and Services has ordered four next-generation liquefied natural gas carriers for about $900 million, expanding its shipping capacity as Abu Dhabi seeks a larger role in global gas supply and trading. The vessels, each capable of carrying 175,000 cubic metres of LNG, will be built at Jiangnan Shipyard in Shanghai and delivered in 2029. The contract raises the company’s LNG newbuild […]
Arabian Post Staff -Dubai Abu Dhabi-based technology group e& has agreed to sell its entire 16.21% holding in Vodafone Group to an investment vehicle controlled by French telecommunications entrepreneur Xavier Niel’s family for about AED21.8 billion. The transaction covers 3,944,743,685 Vodafone ordinary shares, representing 17.13% of the company’s voting rights. Vega, the Niel family’s acquisition vehicle, will pay about 110.5 pence in cash for each share. E& […]
Space42 and Skylo Technologies have successfully tested two-way satellite text messaging and emergency alerts on standard Android devices in the UAE, moving direct-to-device connectivity through the Thuraya-4 satellite closer to commercial launch. The test linked an ordinary Android smartphone with a satellite messaging device, allowing SMS and SOS communications to travel in both directions through Space42’s next-generation mobile communications satellite. The companies said the connection required no […]
Arabian Post Staff -Dubai Modon Holding and Abu Dhabi Islamic Bank have agreed to offer eligible buyers financing of up to 75 per cent for homes under construction, opening a new route into Abu Dhabi’s expanding off-plan property market. The financing programme will be available exclusively for future developments launched by Modon. It is designed to provide funding during construction rather than requiring buyers to wait until […]
Arabian Post Staff -Dubai Keyper has raised US$11 million in Series A funding to expand its monthly rent payment platform and digital property infrastructure across the UAE, as tenants and landlords adjust to a housing market under pressure from high demand, rising rents and changing payment expectations. The round was backed by Speedinvest, Mashreq’s NeoVentures, Middle East Venture Partners, Dubai Future District Fund, Property Finder and other […]
ADNOC Distribution has agreed to buy Shell Downstream South Africa in a $1 billion deal that gives the Abu Dhabi fuel retailer control of one of South Africa’s largest petrol station networks and marks a decisive expansion of Gulf capital into Africa’s downstream energy market. The agreement covers 100 per cent of Shell Downstream South Africa from Shell South Africa Holdings, with the enterprise value subject to […]
President Trump’s declaration on Wednesday that the ceasefire with Iran is over immediately pushed oil prices higher, lifted Treasury yields and revived concerns about the security of the Strait of Hormuz. Markets responded in familiar fashion, with traders reassessing energy supplies, inflation expectations and monetary policy. Another consequence deserves equal attention. Higher oil prices strengthen the fiscal position of the Gulf’s major energy exporters. Over time, stronger […]
Abu Dhabi Securities Exchange Group will remove daily price limits on exchange-traded funds and futures contracts from 3 August 2026, marking a fresh step in its push to deepen liquidity, improve price discovery and align its listed products more closely with global market practice. The change applies to ETFs and futures contracts listed on the exchange, allowing their prices to move without the daily trading bands that […]
