Abu Dhabi Investment Authority has joined a large group of cornerstone investors in Luxshare Precision Industry’s Hong Kong share sale, giving the Apple supplier stronger institutional backing as it seeks to raise up to $3.1 billion in what could become the city’s biggest listing of 2026. The Shenzhen-listed manufacturer is offering 383.5 million H-shares at a maximum price of HK$63.28 each, with trading expected to begin on […]
BlueFive Capital has co-led a near $3 billion funding round for Kling AI, marking one of the largest capital injections into a generative video company and giving the Abu Dhabi-based investment platform a prominent position in China’s fast-growing artificial intelligence race. The financing values Kling AI at about $18 billion after investment and brings together a heavyweight group of backers including CPE, Guofang Investment, Tencent and CITIC […]
Etihad Rail has opened passenger journeys between Abu Dhabi and Fujairah, giving travellers a new way to cross the country with online booking, discounted launch fares and a travel time of about one hour and 45 minutes. The first public phase of the UAE’s national passenger rail service began on June 30, connecting Abu Dhabi Station in Mohammed bin Zayed City with Fujairah Station in Al Hilal. […]
Arabian Post Staff -Dubai Abu Dhabi’s e& Carrier & Wholesale Services has signed a strategic partnership with Lenovo Connect to deliver global connectivity for electric vehicles, connected cars and industrial IoT systems, strengthening its push into cross-border digital infrastructure as mobility platforms demand faster, safer and more compliant data services. The agreement brings together e&’s international network reach, 5G capabilities and regulatory experience with Lenovo Connect’s IoT […]
PureHealth’s insurance arm, The National Insurance Company – Daman, has secured an A1 Insurance Financial Strength Rating from Moody’s Ratings with a stable outlook, marking a major credit milestone for Abu Dhabi’s expanding healthcare and insurance platform. The rating is the highest Insurance Financial Strength Rating assigned by Moody’s to a UAE insurer and the highest across the GCC among life, property and casualty, and reinsurance companies. […]
Arabian Post Staff -Dubai Abu Dhabi has launched a maritime investment guide aimed at drawing global companies, entrepreneurs and specialist service providers into the emirate’s expanding ports, logistics and shipping ecosystem. The guide, titled Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to Global Opportunity, has been introduced by Maritime Hub Abu Dhabi, the sector collaboration platform operated by Abu Dhabi Maritime and led by the Integrated […]
Kuwait has opened a $4.25 billion three-year term loan to a wider group of lenders, using the Kuwait Investment Authority as borrower on behalf of the Ministry of Finance in a transaction that underlines the Gulf state’s broader return to international financing markets. The facility has moved into general syndication after a group of major international banks was appointed to lead the deal. Mizuho Bank, HSBC, Standard […]
Abu Dhabi Investment Authority has emerged as a cornerstone investor in Luxshare Precision Industry’s planned $3.1 billion Hong Kong listing, giving the Apple supplier heavyweight backing as the city’s equity market stages its strongest first-half fundraising run in five years. The Shenzhen-listed electronics manufacturer opened the Hong Kong public offer on Tuesday, seeking to sell 383.5 million H shares at a maximum price of HK$63.28 each. At […]
A broad group of payment, banking, technology and crypto firms has joined Open Standard to introduce Open USD, a US dollar-backed stablecoin designed for large-scale business payments and digital settlement. The initiative brings together more than 140 companies, including Visa, Mastercard, American Express, BlackRock, Coinbase, Stripe, BNY, Standard Chartered, Google, Shopify, Coinbase, Ripple, Fireblocks, Gemini, MetaMask, Emirates NBD and Abu Dhabi Islamic Bank. Open USD, trading under […]
France and Oman have moved to reinforce free and safe navigation through the Strait of Hormuz, rejecting any mandatory transit fee or political condition on vessels using one of the world’s most critical energy corridors. The position emerged during Sultan Haitham bin Tarik’s official visit to Paris, where he held talks with President Emmanuel Macron on maritime security, mine-clearance operations and diplomatic efforts to stabilise the Gulf […]
Greenlogue/AP Masdar has broken ground on a 1GW wind farm in Kazakhstan’s Zhambyl region, marking its first renewable energy development in the country and a major step in Abu Dhabi’s push to build round-the-clock clean power platforms across Central Asia. The $1.4 billion project combines utility-scale wind generation with a 600MWh battery energy storage system designed to support grid stability in southern Kazakhstan. The development is being […]
Arabian Post Staff -Dubai Abu Dhabi’s XRG and Italy’s Eni have agreed to buy minority stakes in three upstream blocks operated by YPF in Argentina’s Vaca Muerta basin, adding upstream weight to a liquefied natural gas project designed to turn the country’s shale gas reserves into large-scale export revenue. The agreements give XRG and Eni 32 per cent each in the Meseta Buena Esperanza, Aguada Villanueva and […]
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 […]
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 […]
UAE investors are moving into the second half of 2026 with stronger risk appetite as easing energy-market stress and lower geopolitical risk premiums reshape sentiment across the Middle East, Standard Chartered has said. The bank’s latest market outlook points to a more constructive backdrop for regional portfolios after the US-Iran interim deal helped cool fears of a prolonged disruption to Gulf energy flows. The retreat in oil […]
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 […]
Greenlogue/AP Masdar City has opened Biosphere Labs in Abu Dhabi, establishing what is being positioned as the GCC’s first commercially scaled shared laboratory for researchers, start-ups and biotechnology companies seeking faster access to life-sciences infrastructure. The facility has been developed with M42 and Attentive Science and was announced on the sidelines of the BIO International Convention 2026 in San Diego. It is designed to address a persistent […]
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 […]
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 […]
Arabian Post Staff -Dubai The Central Bank of the UAE has imposed a Dh20 million financial penalty on a branch of a foreign bank after supervisory examinations found significant and repeated failures in its anti-money laundering, counter-terrorism financing and sanctions compliance framework. The action, announced in Abu Dhabi, was taken under the federal law governing the Central Bank and the organisation of financial institutions and activities. The […]
Arabian Post Staff -Dubai Abu Dhabi has awarded ADNOC and six international partners a major concession to develop and produce gas from the Bab Gas Cap, strengthening the emirate’s drive to expand domestic gas supply and reinforce its position in global energy markets. The concession was granted by the Supreme Council for Financial and Economic Affairs, with ADNOC taking a 60 per cent participating interest. The remaining […]
Arabian Post Staff -Dubai AD Ports Group has lifted its ownership of Global Feeder Shipping to 81 percent after buying an additional 30 percent stake for $300 million, deepening Abu Dhabi’s position in regional container shipping at a time of persistent disruption across key maritime corridors. The transaction, valued at AED1.1 billion, gives the group stronger strategic and operational control over one of its most important maritime […]
Japan’s ITOCHU Corporation has taken a strategic stake in Abu Dhabi-based Sirius Aviation Capital Holdings, strengthening the emirate’s position as a base for aircraft investment at a time when airlines are extending the use of mid-life jets to offset delivery delays and capacity constraints. The transaction brings one of Japan’s largest trading and investment groups into the shareholder base of Sirius, an aviation investment manager headquartered in […]
Arabian Post Staff -Dubai Hafeet Rail has begun laying tracks on the planned UAE-Oman railway, moving the Gulf’s first cross-border rail link from heavy civil construction into a more visible phase of delivery as the two countries seek to deepen trade, tourism and logistics ties. The 238-kilometre railway, being developed by Hafeet Rail, will connect Sohar Port with Abu Dhabi through Al Ain and Al Buraimi, linking […]
