Arabian Post Staff -Dubai Fasset will become the first platform worldwide to list DDSC, the UAE dirham-backed stablecoin, under a new collaboration that will also allow users to swap the token with major dollar-backed stablecoins including USDC and USDT. The arrangement expands DDSC’s distribution beyond its initial institutional use and follows regulatory approvals that opened the way for the token to appear on selected platforms overseen by […]
The UAE has introduced an 11-day, 10-night tourism package linking all seven emirates, with the Grand Classic itinerary priced from Dh10,446 per person. The UAE Grand Tour platform went live on Monday, allowing travellers to book accommodation, private transport, guided sightseeing, selected meals and experiences through a single itinerary. The initiative was presented during Arabian Travel Market 2026 in Dubai and is intended to encourage visitors to […]
Arabian Post Staff -Dubai Dubai will host the third Quantum Innovation Summit from September 28 to 30, bringing government bodies, researchers, technology companies and investors together as the UAE expands work on quantum computing, secure communications and post-quantum cybersecurity. The event will be held at the Grand Hyatt Dubai Conference & Exhibition Centre and is hosted by the UAE Cyber Security Council for a second consecutive year, […]
Binance has set out a compliance and user-protection drive in West Africa as regulators in the region move to bring cryptocurrency trading, custody and related services under oversight. Its approach combines identity checks, transaction monitoring, sanctions screening, fraud prevention, asset-security controls and co-operation with law-enforcement agencies. Binance also says it now has more than 1,500 people in compliance-related roles globally, spending about $300 million a year on […]
Arabian Post Staff -Dubai Dubai Aerospace Enterprise has launched a $2.1 billion syndicated loan, adding another large bank financing to its funding programme as the aircraft lessor manages a substantially enlarged global fleet following major acquisitions this year. DAE is rated Baa2 by Moody’s and BBB by Fitch. The launch places the Dubai-based aviation services group back in the syndicated loan market less than six months after […]
Abu Dhabi’s International Holding Company is moving to acquire an 80 per cent stake in Marlan Holding, giving the investment group a controlling position in the company behind UAE-based Marlan Space. The proposed transaction is being carried out through IHC’s wholly owned subsidiary International Tech Group SP LLC and remains subject to regulatory approvals and customary closing conditions, the company said. Financial terms were not disclosed. Marlan […]
The National Media Authority has joined the 35th Abu Dhabi International Book Fair, using its pavilion to highlight media regulation, publishing services and content-sector initiatives. The authority is taking part in the fair from September 13 to 18 at ADNEC Centre Abu Dhabi, where its pavilion in Hall 5 is hosting sessions, initiatives and activities focused on media, culture and content creation. The participation places the federal […]
Arabian Post Staff -Dubai Etihad Airways will begin year-round flights between Abu Dhabi and Saudi Arabia’s Red Sea International Airport on October 4, adding a sixth destination in the kingdom to the carrier’s network. The service will initially operate once a week before increasing to twice weekly from October 25, Etihad said. The route will be flown with an Airbus A320 configured with eight Business Class seats […]
BRICS leaders have adopted a joint declaration expressing deep concern over escalating tensions in the Middle East and urging maximum restraint, securing consensus among members including Iran, Saudi Arabia and the United Arab Emirates. The New Delhi Declaration, approved on Saturday at the 18th BRICS Summit, called on all sides to avoid actions that could further aggravate the situation and reaffirmed support for resolving international disputes through […]
Arabian Post Staff -Dubai UAE President Sheikh Mohamed bin Zayed Al Nahyan has called for stronger private-sector cooperation with Germany after attending a major business forum in Munich where companies from the two countries signed 30 agreements and commercial partnerships worth about €9.66 billion. Sheikh Mohamed told executives and investors at the Germany-UAE Business Forum on Friday that businesses would play a vital role in advancing the […]
Arabian Post Staff -Dubai The UAE has backed closer financial coordination among BRICS members and supported the New Development Bank’s next five-year strategy during high-level meetings in Mumbai, reinforcing its expanding role in multilateral development finance. The Ministry of Finance said the country took part on Thursday in the second meeting of BRICS finance ministers and central bank governors and a special meeting of the New Development […]
Algeria has ended diplomatic relations with the United Arab Emirates after saying all efforts to preserve bilateral ties had been exhausted, marking a sharp escalation in a dispute that had already damaged political and transport links between the two Arab states. The decision was announced on Thursday by Algerian state television, which cited the authorities as saying Algeria had exhausted every avenue available to maintain relations with […]
Abu Dhabi-based BlueFive Capital has completed the acquisition of a 30% equity stake in Bugatti Rimac from Porsche, becoming the second-largest shareholder in the producer of Bugatti supercars. The transaction closed on September 9 after regulatory approvals were secured, BlueFive said. Rimac Group retains its 55% controlling stake in Bugatti Rimac, while BlueFive now holds the largest position after the Croatian automotive group. BlueFive will gain a […]
Mubadala Investment Company has agreed to acquire a significant minority interest in Luckin Coffee alongside controlling shareholder Centurium Capital in a transaction valued at about $1 billion, extending the Abu Dhabi sovereign investor’s exposure to China’s consumer sector. The transaction is structured through Success Cup Limited and is expected to give a Mubadala affiliate the right to nominate a director to Luckin Coffee’s board while it maintains […]
Arabian Post Staff -Dubai DP World has priced a dual-tranche international bond offering comprising €750 million of six-year green notes and $750 million of 10-year conventional notes, extending the Dubai-based ports and logistics group’s access to both sustainable and conventional debt markets. The transaction follows a global investor roadshow arranged under DP World’s $10 billion Global Medium Term Note Programme. The euro-denominated tranche is structured as green […]
Arabian Post Staff -Dubai The United Arab Emirates has strongly condemned Iran’s missile attack on Jordan, declaring it a flagrant violation of the kingdom’s sovereignty and a threat to its security and stability. The UAE Ministry of Foreign Affairs said on Wednesday that Abu Dhabi stood in full solidarity with the Hashemite Kingdom of Jordan and supported all measures taken to safeguard its security and stability. The […]
Arabian Post Staff -Dubai Mashreqbank has raised $500 million through a five-year US dollar-denominated senior unsecured bond, with the pricing spread tightened to 115 basis points over US Treasuries as investor demand supported the transaction. The Dubai-based lender completed the Regulation S offering under its $5 billion Euro Medium Term Note programme after mandating a group of international and regional banks for investor calls earlier this week. […]
Arabian Post Staff -Dubai Abu Dhabi’s International Hunting and Equestrian Exhibition ended its 23rd edition with more than 481,576 visitors over 10 days, a 27 per cent increase from 2025, setting new records for attendance, participation and exhibition scale. The event, held from August 28 to September 6 at ADNEC Centre Abu Dhabi, brought together 2,405 exhibitors and brands from 71 countries across 15 sectors. Six countries […]
Arabian Post Staff -Dubai Abu Dhabi has introduced the Gulf region’s first Digital Skills Card, giving employers and regulators a blockchain-backed way to verify professional qualifications and skills through a QR code. The Abu Dhabi Quality and Conformity Council, or QCC, launched the credential with Union Assessment and Quality Accreditation, known as UAC, on Monday. Each card is tied to a certification awarded through personnel conformity programmes […]
Construction of Abu Dhabi’s Dh6.4 billion Sphere has moved into active delivery, with piling, ground works and soil improvement under way on Yas Island. ALEC Holdings chief executive Barry Lewis said the project had advanced substantially since the contractor secured the award from the Department of Culture and Tourism – Abu Dhabi in May. AtkinsRéalis has been brought in as lead designer, permit applications have been submitted […]
Arabian Post Staff -Dubai The United Arab Emirates is accelerating alternative routes for energy exports and trade to reduce its exposure to disruption from the war with Iran, presidential adviser Anwar Gargash said on Monday. “Our energy exports will not be held hostage, nor will our trade and economic activity,” Gargash told the Hili Forum in Abu Dhabi, saying the government was expanding port capacity on the […]
Arabian Post Staff -Dubai Burjeel Specialty Hospital has introduced Sharjah’s first positron emission tomography/computed tomography service, giving cancer patients in the emirate access to advanced molecular imaging for diagnosis, staging, treatment planning and follow-up. The PET/CT service operates within the hospital’s Nuclear Medicine Department and is integrated with Burjeel Cancer Institute, linking imaging findings with multidisciplinary oncology teams. The hospital said the arrangement is intended to allow […]
A Gyr Pure Ultra White falcon sold for AED2.1 million at the final auction of ADIHEX 2026 in Abu Dhabi, setting what organisers said was the highest price ever paid for a falcon at auction. The United States-origin bird drew competitive bidding at the Abu Dhabi International Hunting and Equestrian Exhibition, where its rare white plumage, pure lineage and appearance made it one of the most sought-after […]
Airlines serving the UAE are continuing to adjust schedules, reroute aircraft and warn passengers of delays and cancellations as the latest escalation between the United States and Iran disrupts regional air travel. Dubai International Airport and Abu Dhabi’s Zayed International Airport remain operational, with most UAE-based carriers continuing to fly the bulk of their networks. However, delays have affected a number of arriving and departing services, while […]
