A ‘blue wave’ would create clear winners and losers across the US stock market. If Democrats take both chambers, hospitals, defence contractors and clean energy look likely to gain, while drugmakers, data centres and banks stand to come off worst. A sweep now looks more likely than not. Prediction markets give Democrats better than a 90% chance of taking the House. The Senate is tighter, with Republicans […]
Binance has drawn down roughly half the bitcoin held in its emergency customer protection fund, leaving assets worth about $580 million following a $6.3 billion cryptocurrency theft. Blockchain records show that the exchange’s publicly identified Secure Asset Fund for Users, known as SAFU, held slightly more than 7,500 bitcoin on Tuesday, compared with 15,000 in February. Four transactions on 31 October sharply reduced the balance, with Binance […]
Arabian Post Staff -Dubai Abu Dhabi National Oil Company (ADNOC) has approved the Ruwais Diyab unconventional gas development, committing to a project designed to produce 345 million standard cubic feet of raw gas daily from 2029. The final investment decision, announced on Monday at the ADIPEC energy conference in Abu Dhabi, clears the way for the company’s first large-scale unconventional gas development. ADNOC expects production to continue […]
Arabian Post Staff -Dubai OpenAI chief executive Sam Altman has described the UAE as the world’s most forward-looking country for artificial intelligence adoption, as his company agreed to deploy advanced AI technology across ADNOC’s energy operations. Speaking at ADIPEC 2026 in Abu Dhabi on Monday, Altman praised the country’s commitment to integrating AI into government and business. His remarks accompanied a multiyear agreement between OpenAI, Abu Dhabi […]
Arabian Post Staff -Dubai United States forces struck Iran’s Qeshm Island on Monday in a limited military operation that American officials described as defensive, exposing continuing hostilities despite President Donald Trump’s public suggestion that a wider confrontation could be avoided. Three US officials confirmed the operation, with one saying it followed Iranian fire directed at an American aircraft. Another said Iranian surface-to-air missile activity had threatened US […]
Greenlogue/AP Cleaner air policies could deliver up to $2.4 trillion in economic benefits by 2040, the World Bank estimates, as governments face mounting pressure to reduce pollution-related deaths and economic losses. The projection, contained in the bank’s report Accelerating Access to Clean Air for a Livable Planet, reflects the estimated value of deaths avoided through coordinated action on pollution and climate emissions. The study, published in March […]
Arabian Post Staff -Dubai Abu Dhabi’s ADNOC has agreed with OpenAI and technology group G42 to deploy advanced artificial intelligence across its energy business, becoming the first company in the sector to adopt OpenAI’s Frontier platform. The multi-year partnership was announced on Monday at the ADIPEC energy conference as OpenAI chief executive Sam Altman visited Abu Dhabi and met Crown Prince Sheikh Khaled bin Mohamed bin Zayed […]
Arabian Post Staff -Dubai Smart home buyers have more practical choices as the Matter connectivity standard expands support for cameras, energy management and household automation, making compatibility an important consideration alongside price and convenience. The Connectivity Standards Alliance introduced Matter 1.6 in June 2026, extending work on simpler device setup and interoperability. Its earlier updates added camera support and improved energy monitoring, although individual products and platforms […]
Arabian Post Staff -Dubai French natural hydrogen explorer Mantle8 has obtained exclusive rights to negotiate an exploration agreement for Block 7 in Ras Al Khaimah, clearing the way for the emirate’s first dedicated geophysical survey of naturally occurring hydrogen. The arrangement with the Ras Al Khaimah Department of Energy allows the Grenoble-based company to begin a non-invasive investigation of the block’s underground geology before any decision on […]
Iranian missile and drone strikes against American military installations across the Middle East initially concentrated on early-warning radars and air-defence systems before expanding to aircraft, warehouses and troop accommodation, exposing extensive damage to Washington’s regional military infrastructure. Satellite imagery and assessments of battlefield damage establish that more than 115 strikes claimed by Iran or Iranian-backed militias damaged or destroyed structures at 26 military bases and other facilities […]
Arabian Post Staff -Dubai Gulf governments are pressing for a diplomatic settlement with Iran amid fears that renewed US-Israeli attacks could trigger a wider and more destructive regional war. Anwar Gargash, diplomatic adviser to UAE President Sheikh Mohamed bin Zayed Al Nahyan, told the IISS Manama Dialogue in Bahrain on Sunday that Gulf countries were seeking a negotiated escape from a confrontation they had tried to prevent. […]
Binance has begun restoring cryptocurrency withdrawals following a $6.3 billion security breach, as an unverified claim that customers withdrew more than $3.75 billion within ten hours raised fresh questions about the scale of outflows from the world’s largest cryptocurrency exchange. The figure circulated on Sunday after Binance reopened withdrawal services in phases. However, the exchange has not publicly confirmed the amount, and independently verified blockchain data establishing […]
Arabian Post Staff -Dubai BYD has designated the Gulf Cooperation Council its leading international expansion priority, announcing plans for additional investment, a regional spare-parts hub and broader technology operations beyond vehicle sales. Executive vice-president Stella Li said the Chinese automotive group intends to strengthen its dealership network and after-sales services while exploring opportunities in battery storage, autonomous driving and robotics across Gulf markets. “The GCC is my […]
Crypto. com and OG. com have begun offering cryptocurrency perpetual futures to eligible US traders, introducing round-the-clock contracts with leverage of up to five times through federally regulated derivatives infrastructure. The rollout, announced on 27 October, gives retail customers access through the Crypto. com App, while institutional and advanced traders can use the Crypto. com Exchange. The contracts have no fixed expiry date and allow participants to […]
Binance will progressively restore customer withdrawals on Sunday after replenishing 95 per cent of the $6.3 billion in cryptocurrencies stolen during an unprecedented cyberattack on the world’s largest digital asset exchange. The company announced that the first phase would begin between 0600 and 0900 GMT, covering 15 blockchain networks and major cryptocurrencies including bitcoin, ether, BNB, Solana, XRP and dogecoin. Additional assets will become available after security […]
Arabian Post Staff -Dubai The Central Bank of the UAE has fined an unidentified foreign bank branch Dh200 million after examinations uncovered significant and repeated failures in anti-money laundering, governance, compliance and sanctions controls. The regulator announced the penalty on Friday, 30 October, alongside separate fines against two senior executives and an order requiring the foreign lender to undertake a mandatory programme to correct the deficiencies identified […]
Greenlogue/AP Climate change is causing increasingly severe health damage worldwide, prompting researchers behind the 2026 Lancet Countdown to demand formal recognition of a global health emergency and stronger international action. The assessment, published on Wednesday ahead of the COP31 climate summit, finds that deaths associated with extreme heat, exposure to drought and other climate-related dangers have increased faster than efforts to protect populations. Its authors want the […]
Polymarket has restored trading on its international prediction market after a compromised external technology provider triggered unauthorised withdrawals from customer accounts, with the company promising to reimburse affected traders fully. The platform suspended trading on Thursday, 29 October, while investigating the security incident. Its official status page marked the disruption resolved at 7.05pm GMT, following approximately one hour of restrictions on trading operations. Polymarket said it had […]
India Blockchain Week 2026 will bring cryptocurrency executives, financial regulators and technology developers to Mumbai on November 1 and 2, with institutional adoption of blockchain and digital assets occupying a prominent place on the conference agenda. The fourth edition, organised by Web3 investment firm Hashed Emergent, will take place at Fairmont Mumbai. It marks the event’s first move to the financial centre after three editions in Bengaluru, […]
Arabian Post Staff -Dubai Nasdaq Dubai marked the listing of a $500 million sukuk from Sharjah Islamic Bank on Thursday, following an offering that attracted $1.3 billion in investor orders, more than twice the amount available. The five-year, senior unsecured Islamic financing instrument, issued through SIB Sukuk Company III Limited, carries a profit rate of 5.850 per cent and matures in September 2031. The securities are listed […]
Arabian Post Staff -Dubai Binance has estimated the impact of a security breach at $6.3 billion, potentially making it the largest cryptocurrency theft on record, while confirming that approximately $3 billion in affected assets has been frozen. The world’s largest cryptocurrency exchange said on Friday that its preliminary investigation pointed to a compromised laptop belonging to a DevOps engineer. The intrusion may have enabled an attacker to […]
Publicly listed companies now hold approximately 1.3 million Bitcoin, an increase of 31% over 14 months, although most of the expansion came from a single company, according to new figures released by blockchain analytics firm CryptoQuant. Strategy, the Bitcoin investment company chaired by Michael Saylor, accounted for 71% of the increase in corporate holdings, highlighting the growing concentration of digital assets among listed businesses despite wider adoption […]
Arabian Post Staff -Dubai Abu Dhabi Judicial Department (ADJD) has secured four awards at the 23rd International Business Awards 2026, including one gold and three silver distinctions, recognising its performance in judicial administration, institutional governance and public service innovation. The department received the Gold Stevie Award in the Large Legal Organisations category, alongside Silver Stevie Awards for Innovation in Public Administration and Governance, Operational Excellence, and Large […]
Arabian Post Staff -Dubai More than 250 senior maritime executives are expected in Dubai on 12 November for the inaugural Seatrade Maritime UAE Summit, where shipping disruption, supply chain resilience and changes in global trade will dominate discussions. Seatrade Maritime is organising the gathering with DP World as host partner at Madinat Jumeirah. The programme will include the unveiling of the 2026 Leading Maritime Cities report prepared […]
