Arabian Post Staff -Dubai Young delegates have presented the outcomes of the inaugural Young Voices for Justice Youth Forum to the UAE Ministry of Justice as the 15th United Nations Congress on Crime Prevention and Criminal Justice opened in Abu Dhabi. The handover on Saturday placed youth recommendations before the six-day UN gathering after 62 young people from around the world spent two days developing proposals on […]
Binance has opened its bStocks service to eligible users in the UAE, giving them round-the-clock access to tokenised securities linked to selected US shares and exchange-traded funds from as little as $5. The offering broadens the cryptocurrency platform’s reach beyond digital assets by allowing users to trade products tied to companies including Tesla and Nvidia. Binance said bStocks are designed to provide economic exposure to the underlying […]
Greenlogue/AP The UAE has warned that a global water financing shortfall of as much as $141 billion a year threatens ambitions spanning artificial intelligence, energy transition, food security and rapidly growing cities. The warning was delivered at a private roundtable at the UAE’s Permanent Mission to the United Nations in New York, where about 50 chief executives, investors and philanthropy leaders examined how to turn viable water […]
Arabian Post Staff -Dubai Saudi Arabia is driving a $90 billion hotel and resort development pipeline across the Gulf and North Africa, accounting for about 110,000 of nearly 200,000 rooms planned across the region, new HVS data show. The pipeline would expand the region’s existing hotel room supply by about 27 per cent, underlining the scale of investment continuing across major tourism markets despite a more selective […]
Water shortages and chronic underinvestment are emerging as direct constraints on artificial intelligence, energy systems, food production and urban expansion, sharpening pressure on governments and investors to mobilise far more capital for water infrastructure. The issue moved higher on the global investment agenda this week as about 50 chief executives, investors and philanthropy leaders met at the UAE’s Permanent Mission to the United Nations in New York […]
Arabian Post Staff -Dubai Microsoft plans to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait by 2030, extending its cloud and artificial intelligence infrastructure while placing digital resilience at the centre of its Gulf strategy. The spending programme will cover continued infrastructure development and a broader expansion of Microsoft’s operations across the four countries, Vice Chair and President Brad Smith […]
Arabian Post Staff -Dubai Abu Dhabi-listed MAIR Group has agreed to acquire a 70 per cent stake in Eslab, owner of Turkish-origin specialty coffee chain Espressolab, marking the investment group’s first international acquisition since its stock-market listing. The company said it had signed a share purchase agreement for 70 per cent of Eslab’s issued share capital. Eslab’s founders and existing shareholders will retain the remaining 30 per […]
Launched by Al Etihad Payments under the Central Bank of the UAE’s National Payment Systems Strategy, Jaywan is the UAE’s domestic card scheme, built to enhance the resilience, efficiency and sovereignty of the country’s payments infrastructure — part of the UAE’s broader vision to advance digital payments and strengthen its national financial ecosystem.
The cards were manufactured at AUSTRIACARD’s Bucharest production facility and combine the company’s secure payment card manufacturing expertise with Wio Bank’s digital-first banking platform, giving Wio customers access to payment products issued under the Jaywan scheme.
The milestone extends AUSTRIACARD’s support for financial institutions participating in the UAE’s national payments ecosystem, reflecting the company’s commitment to secure, high-quality payment solutions and marking a further step in its growth across the Gulf region — and in the shared ambition of AUSTRIACARD and Wio Bank to build a resilient, efficient, locally anchored payments landscape in the UAE.
Burak Bilge, EVP Türkiye, Middle East and Africa, AUSTRIACARD HOLDINGS, said:
“National card schemes are becoming a defining feature of payments across the Middle East and Africa and supporting them is a strategic priority for AUSTRIACARD. Adding Jaywan to the portfolio that already spans international and domestic schemes strengthens what we can offer every issuer we serve. We are pleased to take this step with Wio Bank, the UAE’s first platform bank and one of the region’s fastest-growing digital banks, and we look forward to contributing to the growth of Jaywan and the wider UAE card market.”
Prateek Vahie, Chief Commercial Officer at Wio Bank said:
“At Wio Bank, our focus is on giving customers seamless access to the payment infrastructure that matters most to them. Partnering with AUSTRIACARD to bring Jaywan-issued cards to our customers reflects our commitment to the UAE’s national payments strategy, and it’s another step in building the kind of digital-first banking experience our customers expect.”
About Wio Bank PJSC:
Wio Bank PJSC is the UAE’s leading financial platform, reimagining banking for individuals and businesses. Headquartered in Abu Dhabi and fully regulated by the Central Bank of the UAE, Wio is backed by ADQ, Alpha Dhabi Holding, e& and First Abu Dhabi Bank. By combining advanced technology with a human-centric approach, Wio delivers seamless, personalised financial solutions.
For personal banking, Wio offers smart tools and insights to help individuals and families take control of their finances, enabling them to save, spend and grow with ease. For businesses, Wio provides entrepreneurs and SMEs with a comprehensive digital platform designed to streamline operations, unlock growth opportunities and simplify financial management.
Wio is redefining the banking landscape as a market leader in Banking-as-a-Service (BaaS) and embedded finance, delivering innovative solutions that empower people, businesses, and communities with the infrastructure they need to access long-term wealth creation.
Wio Bank has been widely recognised through regional and international industry awards and rankings, including Forbes Middle East, Fast Company Middle East and Finance Middle East.
For more information, visit www.wio.io.
ABOUT AUSTRIACARD HOLDINGS AG
AUSTRIACARD HOLDINGS AG leverages over 130 years of experience in information management, printing, and communications to deliver secure and transparent experiences for its customers. They offer a comprehensive suite of products and services, including payment solutions, identification solutions, smart cards, card personalization, digitization solutions, and secure data management. ACAG employs a global workforce of 2,360 people and is publicly traded on both the Euronext Athens and Vienna Stock Exchanges under the symbol ACAG.
Contact Person: Theoni Dimopoulou, Group Communications & Marketing Manager
Tel.: T: +43 (1) 61065 – 355
E-Mail: t.dimopoulou@austriacard.com
Website: www.austriacard.com
Symbol: ACAG
ISIN: AT0000A325L0
Stock Exchanges: Vienna Prime Market, Euronext Athens Main Market
Hashtag: #AUSTRIACARD
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai New World Development Co. and Abu Dhabi Investment Authority are in talks with Singapore’s UOL Group Ltd. over a potential sale of the Hyatt Regency Hong Kong, Tsim Sha Tsui, in a transaction that could value the hotel at about HK$3 billion. New World is discussing the disposal of its 50% interest in the property, while Abu Dhabi Investment Authority, or ADIA, is […]
Arabian Post Staff -Dubai Lending growth at the UAE’s 10 largest listed banks slowed in the second quarter of 2026 as regional disruption from the US-Iran conflict intensified, while profitability and asset quality remained broadly resilient. Net loans and advances increased 4.2 per cent from the previous quarter, down from about 5.8 per cent in the first three months of the year, according to the latest UAE […]
Greenlogue/AP Beam Middle East and Masdar City Free Zone have signed a memorandum of understanding to explore the deployment of smart-energy and clean-mobility technologies across the Masdar City ecosystem in Abu Dhabi. The agreement will allow Beam Middle East to introduce and supply advanced energy systems for potential use within the sustainable urban district, including off-grid electric-vehicle charging infrastructure, solar-integrated e-bike systems and other clean-energy mobility technologies. […]
Arabian Post Staff -Dubai Etihad Rail and AD Ports Group have launched a direct freight service linking Fujairah Terminals with the Industrial City of Abu Dhabi, creating a rail-based inland logistics route between the UAE’s East Coast and Abu Dhabi’s main industrial zone. The service combines scheduled rail freight with a customs-enabled inland cargo gateway at ICAD, allowing containers arriving at Fujairah to move directly to Abu […]
Arabian Post Staff -Dubai Cosmo Developments has launched THE WADI, a mixed-use project on Abu Dhabi’s Yas Island with an estimated investment of AED6 billion and plans for 3,950 homes. The company, a joint venture between Abu Dhabi-based Flag Holding Group and Reportage Group, said the development will occupy about 140,700 square metres along Yas Canal. Reportage Group, which manages Cosmo Developments, will oversee the project from […]
Abu Dhabi’s International Holding Company has identified Fount Trust as its ultimate parent above Royal Group Holding LLC, formalising the ownership structure that followed an earlier restructuring. IHC said on Monday that the change affects the legal ownership chain but does not alter its ultimate beneficial ownership, operations, strategy or business activities. Royal Group continues to exist and operate within the structure, while IHC remains governed by […]
Baniyas Jiu-Jitsu Club moved to the front on the opening day of Round 7 of the Khaled bin Mohamed bin Zayed Jiu-Jitsu Championship at Mubadala Arena in Abu Dhabi on Friday, with Al Jazira Jiu-Jitsu Club second and M. O. D UAE third. The first day of the three-day Gi round featured Under-18, Adults and Masters competitors, with results across the divisions contributing to club standings as […]
Arabian Post Staff -Dubai Odisha has signed a memorandum of understanding with Abu Dhabi-based International Holding Company and the Adani Group to explore 14 projects carrying an indicative investment of ₹2.105 trillion across minerals, energy, manufacturing, healthcare, tourism and infrastructure. The agreement was concluded during Chief Minister Mohan Charan Majhi’s investment outreach in the UAE, with the state describing the portfolio as a major expansion of its […]
Tourism Minister P. C. Vishnunadh visited the Kerala pavilion at the Dubai World Trade Centre and met UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri as the state sought to deepen engagement with one of its most important overseas visitor markets. He was accompanied by Tourism Secretary Biju K.
Vishnunadh said the Middle East remained significant for Kerala because of the state’s longstanding links with the UAE and the region’s importance to its tourism economy. He said Arabian Travel Market provided an opportunity for tourism businesses to understand changing demand, identify emerging opportunities and present packages designed for Gulf travellers.
Kerala Tourism said 26,255 visitors from the UAE travelled to the state in 2025, underlining the market’s value as it looks to expand international arrivals and strengthen demand beyond peak seasons.
The state’s 69-square-metre pavilion, carrying the theme “Green Peace – Yalla Kerala”, used imagery of hill stations and green landscapes alongside displays promoting established and emerging tourism products. The presentation placed emphasis on Kerala as a year-round destination, with Ayurveda and wellness, beaches, backwaters, cultural experiences and adventure travel forming key parts of the pitch.
Vishnunadh also met Sudhir Sreedharan, senior vice-president of flydubai, and officials of the Dubai Police Authority during his visit. The meetings came as Kerala Tourism used the event not only for destination promotion but also for business networking with airlines, tour operators and travel-sector partners.
Six tourism businesses from Kerala joined the pavilion as co-exhibitors: Kairali – The Ayurvedic Healing Village in Palakkad, The Elephant Court in Thekkady, Somatheeram Ayurveda Group, Intersight Tours and Travels, Santamonica Tours and Travels, and Gateway Malabar Holidays. Their participation gave buyers access to accommodation, wellness and tour products directly from operators.
Arabian Travel Market 2026, held from September 14 to 17, brought together tourism authorities, airlines, hospitality companies, tour operators and other travel businesses from the Middle East and overseas markets. Organisers positioned the 33rd edition as a platform for commercial partnerships, destination marketing and discussion of travel trends.
The UAE used ATM to launch “Visit UAE”, its first unified federal tourism identity, bringing the seven emirates under a single national tourism platform. Abdulla bin Touq said the initiative was intended to present the country as an integrated destination and support stronger cooperation across tourism.
Kerala’s Gulf-focused campaign extended beyond the exhibition floor. At a Kerala travel meet in Dubai built around the same “Green Peace – Yalla Kerala” theme, officials and private-sector participants held business-to-business meetings with UAE-based buyers.
Tourism Secretary Biju K presented Kerala’s destination portfolio and invited travel-industry representatives to Kerala Travel Mart 2026, while the state highlighted its appeal across leisure, wellness, culture and nature-based travel. The engagement was designed to convert destination visibility into business links with tour operators and distributors serving Gulf customers.
Kerala has been placing greater emphasis on the Arab market because demand from the region often overlaps with the state’s monsoon and shoulder seasons, when Ayurveda, wellness and nature-based travel can help spread visitor flows more evenly through the year.
That approach also reflects growing competition among destinations for Gulf travellers, who have access to extensive direct and one-stop air connectivity through Dubai, Abu Dhabi, Doha and other regional hubs. Kerala’s strategy at the fair focused on product differentiation rather than a single tourism segment, combining established attractions with experiential offerings.
The Maldives also maintained a presence at the Dubai event, with 165 industry representatives from 74 tourism companies participating alongside official tourism bodies. Its delegation used the fair to pursue airline partnerships and destination marketing agreements aimed at improving connectivity and widening market reach.
Aldar has set Saadiyat Grove, its new luxury retail and fine-dining destination in Abu Dhabi’s Saadiyat Cultural District, for a fourth-quarter 2026 opening, with more than 100 global brands and 20 concepts entering the region for the first time. The development will sit between Louvre Abu Dhabi, Zayed National Museum and Guggenheim Abu Dhabi, with Natural History Museum Abu Dhabi and teamLab Phenomena Abu Dhabi close by. […]
Dubai has cleared an 80-kilometre Fourth Corridor road project linking Abu Dhabi, Dubai and Sharjah, adding a major new route intended to ease pressure on the emirate’s existing inter-emirate network. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, approved implementation of the project under directives […]
Arabian Post Staff -Dubai Abu Dhabi Investment Authority has been allocated shares worth about 2 billion rupees in the National Stock Exchange of India’s anchor book, placing the sovereign wealth fund among the largest institutional investors in the exchange’s 67.46 billion-rupee pre-IPO placement. NSE allotted 37.79 million shares to 189 anchor investors at 1,785 rupees each, the top of its 1,700-1,785 rupee price band, according to the […]
Dubai has approved an 80-kilometre road corridor linking Abu Dhabi and Sharjah through the emirate, a two-phase project intended to divert through traffic, strengthen freight movement and sharply reduce journey times on key sections of the network. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, approved implementation of the New Fourth Corridor, which will run from […]
Arabian Post Staff -Dubai International visitor spending in the Middle East is forecast to rise by US$116 billion, or 57%, between 2025 and 2030, signalling a sharp expansion in tourism revenues despite near-term geopolitical disruption. The projection comes from the ATM Travel Trends Report 2026, produced by Arabian Travel Market with Tourism Economics, an Oxford Economics company, and presented at Arabian Travel Market in Dubai. The report […]
The UAE has highlighted an artificial intelligence system developed by GenBio AI with contributions from Mohamed bin Zayed University of Artificial Intelligence researchers that can simulate human cellular responses to drugs and other interventions. The UAE Embassy in Washington drew attention on Wednesday to AIDO Cell, a virtual-cell “world model” designed to represent biological activity across multiple levels, from DNA and RNA through proteins and whole-cell behaviour. […]
Greenlogue/AP Aldar Properties and Mubadala Investment Company have jointly acquired Masdar City Square for Dh918 million, expanding their income-generating real estate portfolio in Abu Dhabi’s Masdar City to Dh4.7 billion. The acquisition was completed through the real estate joint venture established by the two Abu Dhabi groups in 2024. Masdar City Square comprises more than 47,000 square metres of net leasable space across seven office buildings and […]
