Arabian Post Staff -Dubai Saudi Aramco is offering crude to selected Asian refiners from outside the Strait of Hormuz, opening another supply route as prolonged disruption at the strategic waterway reshapes Gulf energy exports. The company is negotiating privately with buyers for Arab Medium and Arab Heavy crude to be transferred between vessels off Fujairah in the UAE. Some of the cargoes are intended for September loading. […]
Wison Engineering has secured a contract worth about $4.04 billion from ADNOC Gas to build a major natural gas processing train and associated power infrastructure at Habshan in Abu Dhabi, marking the biggest engineering, procurement and construction award in the company’s history. The core EPC contract for Phase 2 of ADNOC Gas’s Rich Gas Development project is valued at $3.9 billion. Wison will also construct a 220-kilovolt […]
Arabian Post Staff -Dubai XRG has entered Venezuela’s energy sector after securing an interest in the offshore Loran gas licence, extending Abu Dhabi National Oil Company’s international investment arm deeper into Latin America’s natural gas and liquefied natural gas market. The Abu Dhabi-based company will participate alongside BP and UCC Oil and Gas Holding in the second phase of Loran, a large offshore gas resource within Venezuela’s […]
Arabian Post Staff -Dubai ADQ has proposed buying all remaining shares in AD Ports Group for cash, potentially giving Abu Dhabi’s sovereign investment structure full ownership of one of the emirate’s most important ports, shipping and logistics businesses. The Abu Dhabi investment company, whose assets and investments were brought under the umbrella of sovereign investment platform L’IMAD earlier this year, holds about 75.42% of AD Ports Group. […]
Arabian Post Staff -Dubai IntrospeXion is expanding psychological support for workers in demanding UAE operating environments, deepening its engagement with offshore and onshore teams as companies place greater emphasis on mental wellbeing, resilience and human performance. The specialist workplace mental health consultancy has been working with Blu Subsea Diving Services, a Dubai-headquartered subsea services company, providing support to employees exposed to the pressures associated with offshore, marine […]
Arabian Post Staff -Dubai A 60-day window for the United States and Iran to negotiate a durable peace agreement has expired without a breakthrough, leaving the Strait of Hormuz dispute unresolved and military and economic pressure intensifying across the Gulf. The deadline was part of an interim framework agreed in June after months of conflict. It was designed to halt fighting, restore commercial navigation through the Strait […]
Arabian Post Staff -Dubai The UAE is accelerating its push into global markets through a rapidly expanding network of trade agreements designed to strengthen non-oil exports, attract investment and give domestic businesses easier access to major economies. The Comprehensive Economic Partnership Agreement programme has grown to 38 agreements since its launch in September 2021, extending the country’s commercial reach across Asia, Africa, Europe and the Americas. Eighteen […]
Arjavi Indraneesh China’s carefully constructed Gulf strategy is facing one of its toughest tests as Iran’s confrontation with the United States disrupts energy flows, threatens Arab partners and exposes the limits of Beijing’s influence over Tehran. The immediate pressure point is the Strait of Hormuz, where shipping traffic remains sharply below normal levels after months […]
The article Iran escalation puts China’s Gulf strategy under serious strain appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai The UAE has pledged to defend its sovereignty and freedom of navigation through the Strait of Hormuz after another Adnoc vessel was attacked while crossing the strategic waterway, reinforcing Abu Dhabi’s determination to keep its energy trade moving despite escalating maritime threats. Dr Anwar Gargash, Diplomatic Adviser to the UAE President, said repeated attacks on Adnoc tankers would not force the country to […]
Arabian Post Staff -Dubai Mubadala Investment Company has increased its stake in Aldar Properties to 28.03 per cent, deepening its exposure to one of Abu Dhabi’s largest listed property groups as the developer expands its residential, commercial and recurring-income businesses. The Abu Dhabi sovereign investor raised its holding from 27.01 per cent through Mamoura Diversified Global Holding, its wholly owned subsidiary. The additional shares were accumulated through […]
Arabian Post Staff -Dubai Dubai stocks ended lower on Friday as disappointing corporate earnings and escalating tension around the Strait of Hormuz weighed on investor sentiment, while Abu Dhabi’s benchmark managed a marginal gain. The Dubai Financial Market’s main index fell 0.4%, extending losses for a second consecutive session. Air Arabia and contractor ALEC Holdings were among the biggest drags after their quarterly results disappointed investors. Emaar […]
The UAE has strongly condemned Iran over attacks on two ADNOC-affiliated vessels travelling through the Strait of Hormuz, describing the strikes as a serious violation of international maritime rules and a threat to regional and global energy security. The vessels were attacked on the evening of Thursday, August 13, while transiting the strategically important waterway. No crew members were injured and the situation aboard the ships was […]
Arabian Post Staff -Dubai Abu Dhabi Securities Exchange has opened official live market data to conversational artificial intelligence platforms, allowing investors and institutions to interrogate exchange information through tools including ChatGPT and Claude using ordinary language. The initiative makes ADX the first exchange in the Middle East and North Africa to provide such access through a governed Model Context Protocol, or MCP, server. The system connects compatible […]
The global race to develop new medicines is entering a new phase, and the UAE is positioning itself as one of the regions investing heavily in that transformation. Biotechnology companies, artificial intelligence researchers, healthcare providers, and government institutions are increasingly working together to accelerate drug discovery, improve clinical research, and reduce the time it takes for promising treatments to reach patients. For decades, medicine development has been […]
Arabian Post Staff -Dubai OpenAI has launched Inference Residency in the UAE, allowing eligible organisations to run artificial intelligence model inference on graphics processing units located within the country while using its enterprise and developer services. The move strengthens local control over sensitive AI workloads as government bodies and regulated industries expand their use of generative AI. The service is available to eligible customers using OpenAI’s API, […]
Arabian Post Staff -Dubai Space42 and Leonardo DRS have agreed to combine secure satellite communications with advanced military mission systems, opening a new avenue for sovereign defence capabilities and resilient command networks across the UAE. The memorandum of understanding creates a framework for integrating Leonardo DRS’s command, control and intelligence technologies with Space42’s satellite infrastructure and AI-enabled communications. The companies plan to explore jointly designed capabilities supporting […]
Coinbase has chosen Abu Dhabi as its international base for tokenised securities after securing regulatory approval to arrange investment transactions and provide custody services within Abu Dhabi Global Market, accelerating its expansion beyond cryptocurrency trading into blockchain-based capital markets. The Financial Services Permission granted by ADGM’s Financial Services Regulatory Authority gives the US-listed crypto exchange the regulatory foundation to develop tokenised investment products from the emirate. Coinbase […]
Pokémon trading cards are evolving from childhood collectibles into a multibillion-dollar alternative asset market, prompting blockchain companies to build digital trading systems around physical cards stored securely in vaults. The technology can speed up transactions, but attracting enough buyers and sellers remains the larger challenge. Estimates put the wider trading-card market at roughly $10 billion to $15 billion, while the value of graded cards alone has been […]
Arabian Post Staff -Dubai UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Russian President Vladimir Putin have discussed strengthening bilateral cooperation while calling for intensified diplomatic efforts to ease tensions across the Middle East. The two leaders held a telephone conversation on Friday, reviewing cooperation under the UAE-Russia strategic partnership and reaffirming their commitment to expanding ties in areas of mutual interest. Their discussions […]
Arabian Post Staff -Dubai Abu Dhabi National Oil Company has warned that sustained attacks on its vessels, employees and assets are significantly disrupting operations as insecurity in the Strait of Hormuz deepens pressure on Gulf energy supplies and commercial shipping. ADNOC said on Friday that 15 of its vessels had been targeted by missiles and drones while passing through the strategic waterway since the regional conflict erupted. […]
Disneyland Abu Dhabi is set to receive fresh global exposure through Disney Worldbuilders, a feature documentary examining how the entertainment group turns screen stories into physical destinations and offering glimpses of projects still being developed. The film, directed by Academy Award and Emmy-nominated filmmaker Leslie Iwerks, will receive its debut screening at D23: The Ultimate Disney Fan Event in Anaheim, California, on August 16. It is scheduled […]
Dubai has ranked second worldwide in Boston Consulting Group’s inaugural Intelligent Cities Index, placing behind London and ahead of New York, Washington and Amsterdam. The benchmark assessed 61 major cities across 39 countries on how effectively they use artificial intelligence and digital technology to serve residents and businesses. Dubai received an overall score of 80, compared with London’s 85, and was classified among the five cities demonstrating […]
Arabian Post Staff -Dubai Strong occupier demand and limited availability of high-quality warehouses continued to support the UAE’s industrial property market during the second quarter of 2026, even as the pace of rental increases eased from earlier highs. Dubai industrial rents rose 6.8% year on year and 2.3% from the previous quarter. Abu Dhabi recorded annual growth of 5%, reflecting continued demand from logistics providers, manufacturers, technology […]
Arabian Post Staff -Dubai Abu Dhabi is emerging as one of the best-positioned global centres for low-carbon hydrogen production, processing and export, supported by competitive energy costs, industrial capacity and expanding links to overseas markets. A new assessment by the Abu Dhabi Chamber of Commerce and Industry places the emirate at the forefront of a hydrogen sector that is moving beyond policy pledges towards commercially focused projects. […]
