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Banks and insurers across South Africa are being confronted with a shifting regulatory landscape as the Financial Sector Conduct Authority and the South African Reserve Bank, through its Prudential Authority, move to formalise oversight of artificial intelligence across the financial sector. Their inaugural report on the topic reveals a growing, though still tentative, embrace of AI — and flags significant risks around data governance, transparency, and systemic […]

Abu Dhabi’s Modon Holding has taken a strategic equity stake in Wellington Lifestyle Partners, signalling its first foray into a high-end equestrian and real estate development project in the United States. The investment is slated to support the expansion of Wellington International showgrounds in Florida and underpin an ambitious ultra-luxury development that blends horse sport, upscale residences, hospitality and leisure amenities. The funding will go toward completing […]

GFH Partners, the real-estate investment arm of GFH Financial Group headquartered in Dubai, has secured a majority stake in Devmark Real Estate Brokers, a UAE-based consultancy specialising in real-estate development sales and marketing. The acquisition marks a strategic step by GFH to deepen its presence in the Gulf’s residential real-estate ecosystem. GFH did not reveal the financial terms or size of the stake acquired. Devmark, established in […]

Greenlogue/AP ADNOC Gas and EMSTEEL formalised a long-term arrangement that will guarantee supply of lower-carbon natural gas to power EMSTEEL’s industrial operations. The agreement, spanning 20 years and valued between US$3.5 billion and US$4.2 billion, takes effect from 1 January 2027 and underlines the strategic bond between the integrated gas supplier and one of the region’s largest steel and building materials manufacturers. Under the deal, EMSTEEL will […]

Sunteck Realty Ltd has launched its international arm, Sunteck International, and formally entered the UAE real-estate market with the unveiling of a 2.5-acre land parcel in Downtown Dubai. The site is positioned within seconds walking distance of the Burj Khalifa and The Dubai Mall. The first development—a pair of ultra-luxury residential towers—is projected at AED 5 billion gross development value as the initial phase of a broader […]

Amazon has launched a feature called Alexa Home Theater that lets owners of its latest Echo speakers transform their living-room setup into a full surround-sound system, linking up to five speakers plus an optional subwoofer for cinematic audio. Supporting devices include the updated Echo Studio and the newly released Echo Dot Max, both of which are engineered to deliver powerful spatial audio and deep bass while automatically […]

YouTube Music has introduced an updated 2025 Recap that lets users interact with an AI chatbot to explore their listening habits. The refreshed experience unfolds in a story-style interface, opening with total listening time and “longest streak,” then highlighting top songs, favourite artists and playlists. This edition revamps standard recap metrics by adding interactive and globally aware features. Users can view a “Musical Passport” showing the countries […]

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Arabian Post Staff -Dubai Crown Prince Mohammed bin Salman arrived in Washington to meet U. S. President Donald Trump with a sweeping agenda spanning defence, technology and economic cooperation — signalling a clear recalibration of Saudi Arabia–United States relations. The meeting resulted in high-stakes commitments including a pledge of up to $1 trillion in Saudi investments and approval for advanced defence hardware, underscoring the kingdom’s ambition to […]

Bahrain has lowered the minimum real estate investment needed to secure its 10-year Golden Residency visa from BD 200,000 to BD 130,000. The adjustment by the Ministry of Interior’s Nationality, Passports and Residence Affairs is expected to boost interest in premium properties and make the residency scheme more accessible to a wider group of investors.

Under the revised threshold, people purchasing property worth at least BD 130,000 now qualify for long-term residence. Previously this benefit was available only to those investing BD 200,000 or more. The Golden Residency programme — launched in 2022 — offers a 10-year renewable permit that allows holders to work, sponsor family members, and enter and exit the kingdom freely. Those migrating under the scheme need not tie their status to an employer or lock in property ownership permanently.

The change may prove timely given growing competition in Gulf real-estate markets. Experts point out that the lower entry cost could reshape demand patterns, especially among mid-to-high net-worth expatriates seeking a base in the Gulf without committing the higher investment required by rival regional programmes. Real estate brokers report a noticeable uptick in enquiries from foreign nationals since the announcement — many exploring apartments and villas that now meet the updated investment threshold.

The authorities emphasised that despite the relaxed investment criteria, the high standards of the Golden Residency system remain intact. Investors must meet all documentation and qualification processes managed by the Ministry of Interior. Other pathways to qualify — including employment of a certain tenure and salary, retirement income or official recognition of exceptional talents — remain unaffected.

For property developers and brokers, the revised threshold may translate into renewed velocity in Bahrain’s high-end property segment. Several luxury residential projects are now being re-marketed, stressing that units previously deemed beyond reach now fall within qualification range. This could lead to increased sales volume, stronger investor inflows, and potentially an uptick in real-estate pricing.

Gulf-region expatriates assessing residency options have long compared the Kingdom’s Golden Residency with similar visas in neighbouring states. The reduced investment bar adds appeal to Bahrain’s model — with its combination of long-term residency, flexibility of employment, opportunity for family sponsorship and comparatively modest financial commitment.

Arabian Post Staff -Dubai Markets across the Gulf Cooperation Council are undergoing a shift as Islamic debt instruments embrace digital formats and new issuance technologies. Outstanding sukuk — Shariah-compliant bonds — in the GCC reached US$1.1 trillion by the end of the third quarter of 2025, marking a 12.7 percent rise over the prior year as debt-capital-market activity surged. Debt capital market issuances in the region saw […]

Market attention turned sharply towards World Liberty Financial as its WLFI token climbed more than 7% on the daily chart, supported by renewed momentum in a buyback programme that has drawn heightened interest from traders. The jump in value, which pushed volumes higher across multiple exchanges, underscored a shift in sentiment around the project after a period of steady consolidation in its price trajectory.

Traders noted that the upswing aligned with the recommencement of the token buyback scheme, which had been announced earlier in the year as part of the platform’s strategy to stabilise circulating supply and incentivise long-term holding. The renewed activity around the programme appeared to signal confidence within the project’s core team, with market participants interpreting the move as an effort to strengthen liquidity and reinforce the token’s market position during a phase of broader volatility in digital assets.

The project, positioned as a decentralised finance ecosystem offering yield products and cross-border payment tools, has been attempting to carve out a more distinct space in the congested DeFi landscape. Its token performance has shown periods of sharp movement in line with broader market swings, but the latest rise stood out due to the targeted intervention through the buyback initiative. Analysts tracking on-chain data confirmed a noticeable reduction in WLFI circulating supply over the past 48 hours, indicating execution of the buyback in measurable volumes.

A senior market analyst at a Dubai-based digital asset fund said the token’s rebound reflected “a coordinated liquidity strategy combined with renewed user engagement,” adding that sustained price support would depend on whether the buybacks continue at a stable pace. The analyst also pointed to the rising interest in tokens backed by structured DeFi models, noting that these projects have gained traction as traders search for instruments offering more predictable mechanics compared with purely speculative assets.

WLFI’s latest surge coincided with a broad improvement in sentiment across mid-cap digital tokens, though its gain exceeded the general market trend. Data aggregators showed that while major assets such as Bitcoin and Ether recorded modest upward moves, WLFI’s performance outpaced most alternative tokens in its category. The increase was accompanied by a measurable uptick in wallet activity, with new holders entering the market as trading forums circulated speculation about further buyback rounds.

Company representatives had earlier disclosed that the buyback programme was designed to respond dynamically to market conditions, enabling the project to reinforce token value during periods of instability. Blockchain analysts have noted that such mechanisms, if implemented with transparency and predictable parameters, can help sustain community confidence and mitigate sharp sell-offs. The WLFI team’s renewed engagement, including technical updates and communication around upcoming ecosystem features, also contributed to the current sentiment shift.

Industry observers said market participants were also watching regulatory signals closely, as global jurisdictions continue to refine frameworks for digital assets. A clearer regulatory environment, particularly in markets influential to token liquidity, has historically contributed to greater investor participation. WLFI’s activity in markets such as the UAE and Southeast Asia has expanded over the past year, aided by partnerships with payment service providers and liquidity networks aiming to widen adoption.

Developments in DeFi have shown that buyback-driven appreciation, while effective in the short term, typically requires sustained platform growth to maintain momentum. This has put attention on WLFI’s roadmap, which outlines the rollout of additional financial tools and integrations aimed at strengthening ecosystem utility. Market analysts said user adoption metrics over the next quarter would be critical in determining whether the token can retain the gains recorded following the buyback revival.

The broader digital asset market has been characterised by alternating periods of risk appetite and caution, shaped by shifting macroeconomic indicators and geopolitical developments. WLFI’s rise occurred during a phase where traders were displaying a stronger preference for tokens linked to structured platforms with defined use cases. This positioned WLFI favourably as its developers highlighted enhancements to yield mechanisms and expansion into multi-chain support, which could increase platform accessibility.

Trading desks reported that the token’s order books reflected thicker buy-side interest as the session progressed, suggesting that momentum-driven traders were reinforcing the upward movement. Price analysts, however, cautioned that tokens experiencing sudden appreciation following buybacks may face corrections if broader market sentiment turns or if programme intensity decreases. Despite this, WLFI’s advocates argue that the project’s tokenomics structure is engineered to provide periodic support without distorting long-term market behaviour.

As billion dollar private companies OpenAI and Stripe rapidly rise in prominence, venture capital has once again become a central topic of discussion in business and finance. That is why thought it would be timely to have a conversation with Alessio Vinassa, an entrepreneur, venture builder, thought leader, and philanthropist firmly entrenched in the venture capital space. Alessio speaks like a builder who has seen ideas become […]

Stablecoins have moved from the fringe of digital finance to the centre of American geopolitical strategy with astonishing speed. A year ago, many analysts still dismissed them as an experiment, an irritant or a regulatory problem. Today they sit at the heart of a much bigger financial vision inside Washington. The Trump administration, I now believe, is using stablecoins as a new mechanism to strengthen the dollar’s […]

Moscow has moved to ease restrictions on investments tied to digital assets by announcing that major fund managers will be permitted to purchase derivatives linked to cryptocurrencies from early next year. Under this policy shift, the Bank of Russia plans to amend regulations in the first quarter of the upcoming year to allow capital-management firms, previously barred, to engage in futures and options referencing digital currencies.

The initiative marks a departure from earlier policy built around tightly defined access for “specially qualified” investors under a three-year pilot programme unveiled in March, which required individuals to hold over 100 million rubles in securities or earn above 50 million rubles annually. Deputy Finance Minister Ivan Chebeskov confirmed the government is also considering scrapping the “superqual” status entirely, a label proposed for crypto-investors under previous drafts.

The timing aligns with a broader regulatory realignment in which Moscow is both cautioning on crypto risks and expanding permissible use-cases. Earlier this year the central bank issued guidance emphasising that direct cryptocurrency holdings carry significant risk even as it proposed a stepped investment regime for qualified entities. Meanwhile legislators had sanctioned the use of crypto-assets for certain cross-border payments and legalised mining operations in July of last year.

Significant players in the Russian financial sector are already positioning themselves for the shift. Sberbank, the country’s largest lender by assets, reported it had raised 1.3 billion rubles through crypto derivative offerings in recent months and signalled plans to expand the business line further.

Market watchers interpret the regulatory loosening as part of a dual strategy: fostering new sources of capital amid constraints from sanctions, while maintaining supervisory controls on the evolving digital-asset ecosystem. “Allowing derivatives tied to cryptocurrencies is a big step—Russian funds were previously excluded,” said one analyst at a Moscow-based brokerage. At the same time, the analyst warned that “the oversight framework remains immature and the risks of liquidity, valuation and sanctions remain.”

Critics caution that letting traditional investment firms access crypto-linked instruments could raise systemic vulnerabilities. The European Union has recently targeted stablecoin-linked Russian entities under sanctions, and anti-money-laundering regulators flagged the region as high-risk, particularly in flows tied to offshore crypto trading.

Regulators in Moscow underline that the institutional gateway is intended to provide a controlled environment. The Bank of Russia’s earlier proposal for an experimental legal regime limited participation to investors meeting strict asset or income thresholds and required intermediaries to ensure transparency of transactions. It did not allow cryptocurrencies to be used as payment for goods and services.

As the investment window broadens, industry participants expect asset management firms to bring structured products to market, linking outcomes to benchmark crypto indices rather than direct holdings of tokens. “Derivatives give firms a means to hedge and gain exposure without custody of coins,” noted a fund-manager in Moscow. However, he added that regulatory clarity on taxation, disclosure, and cross-border transfers is still lacking.

The government’s removal of the “superqual” status could widen the investor base further, allowing mid-sized firms and high-net-worth individuals access to asset classes previously off-limits. This move may increase competition, as offshore platforms draw new Russian clients frustrated by domestic restrictions.

At the same time, the expanded framework raises questions about how Russia’s risk-management infrastructure will evolve. The central bank has repeatedly warned that cryptocurrencies remain speculative and not backed by the state; ongoing amendments to legislation will need to address issues of market integrity, investor protection and sanctions compliance.

The prediction-market platform Polymarket has gained regulatory clearance to resume operations in the United States following approval from the Commodity Futures Trading Commission. The move positions Polymarket to re-enter a market it exited after a settlement with the regulator in 2022, signalling a major shift in how event-based trading may evolve in the US financial ecosystem.

Polymarket, founded by Shayne Coplan in 2020 and headquartered in New York City, agreed to pay a US$1.4 million penalty in 2022 for running an unregistered derivatives trading platform for US users and subsequently blocked American access. The company operated offshore in the interim. The pathway back into the domestic market opened when Polymarket acquired QCX LLC, a Florida-based derivatives exchange and clearinghouse that already held CFTC licences. That acquisition cost US$112 million, paving the way for regulatory compliance. Filings show QCX was designated as a “designated contract market” by the CFTC on 9 July 2025.

In September the CFTC issued a no-action letter to QCX and QC Clearing, exempting them from certain swap-data reporting and record-keeping requirements in relation to event contracts. This relief underpinned Polymarket’s return plans. According to sources the platform is now onboarding select US customers in a beta phase ahead of full rollout, with initial trading markets expected to focus on sports and pop-culture outcomes. Polymarket has stated it will operate through a fully regulated US-compliant structure and self-certify markets for US users.

Polymarket stands in a more competitive field than when it left. Peer Kalshi, likewise a US-licensed event-contract platform, secured major funding and a US regulatory victory in the preceding period. Kalshi’s US positioning has prompted other entrants—including FanDuel and DraftKings—to develop federally compliant “predictions” offerings. Polymarket’s re-entry means the event-trading sector is becoming a more mainstream component of financial and sentiment-based markets rather than a niche crypto experiment.

Industry watchers view the CFTC’s approval as indicative of a broader regulatory willingness to accommodate prediction markets, provided they operate under transparent, licenced frameworks. Acting CFTC Chair Caroline Pham has previously described event contracts as an “important new frontier.” Polymarket’s CEO Coplan declared on social media: “Polymarket has been given the green light to go live in the USA by the @CFTC. Credit to the Commission and staff for their impressive work. This process has been accomplished in record timing.”

Polymarket claims that global users placed about US$6 billion worth of predictions in the first half of 2025 alone on its platform, covering politics, entertainment and economy. Critics contend that even under regulated models, event markets carry risks of gambling-style behaviour and could present transparency and integrity challenges. Some US state regulators have expressed concern that such products may bypass traditional gaming laws under the guise of financial contracts.

Cyber-security firms Kaspersky and VDC Research have estimated that global manufacturing organisations could incur losses exceeding US$18 billion in the first three quarters of 2025 due to ransomware attacks disabling production-line operations. According to their joint analysis, based on data from the Kaspersky Security Network, the average incident leads to around 13 days of operational disruption, with labour costs alone accounting for billions of dollars. The losses […]

Abu Dhabi: Financial executives from over 20 Arab countries gathered this week at the newly formed Sanadak unit to examine its dispute-resolution model designed for banks and insurance firms, marking a push by the UAE to raise consumer-protection standards across the region. Sanadak cited engagement with the 50 delegates as an opportunity to showcase how its independent mechanism can serve as a regional benchmark, while participants praised the UAE’s pro-consumer frameworks and stressed transparent regulation as vital for financial trust.

Sanadak operates under the oversight of the Central Bank of the UAE and was established to adjudicate complaints between consumers—or small to medium-sized enterprises—and licensed financial institutions or insurance companies. Its core functions include receiving complaints online or via app, verifying that 15 calendar days have passed from the institution’s response or a lack thereof, and moving the matter into resolution or referral to appeal-committees.

At the gathering, Sanadak emphasised that its role extends beyond the UAE, as the first financially-regulated specialised ombudsman unit in the Middle East and North Africa region. The unit highlighted how its jurisdiction, rules and structure could offer a template for cross-border alignment among Arab states seeking stronger consumer redress in banking and insurance. The discussion touched on the unit’s values of impartiality, accessibility, efficiency and integrity.

The session underscored several key trends: First, financial-services regulators globally are moving toward early-intervention powers, unified licensing for banks and insurers, and forward-looking oversight of fintech and digital-asset services. The UAE’s newly enacted Federal Decree-Law No. 6 of 2025 consolidates banking, finance and insurance regulation and confirms Sanadak’s independent mandate for complaints resolution.

Second, consumer-protection mechanisms are gaining regulatory prominence as market participants cope with rising complexity in product offerings, from digital banking to insurance-linked investment products. Sanadak’s model aims to provide a single portal of access and streamline resolution without resorting to litigation. Officials say this helps build consumer confidence, enhance financial inclusion and strengthen institutional integrity.

Third, regional cooperation and benchmarking among Arab states were highlighted as emerging priorities. Delegates at the meeting emphasised that harmonised complaint-handling standards will bolster cross-border financial activity and investor trust. One delegate observed that adopting a model such as Sanadak’s “sends a strong signal that consumer rights are integral to banking-sector stability”.

Sanadak’s leadership also outlined practical outcomes: the resolution of insurance-sector disputes via permanent committees including independent judges and experts was mandated by Administrative Resolution No. 10-A/1/2024, issued by the Central Bank. That rule establishes minimum timelines, virtual-hearing options and defined fee structures—from AED 100 for fixed-value disputes up to AED 30,000 for higher-value claims.

The initiative aligns with the UAE’s broader ambition — underpinned by its “digital-first” strategy — to present its financial sector as accessible, regulated and globally competitive. Sanadak states its mission to support trust in the financial system and foster financial-inclusion goals through education and accessible redress.

Nonetheless, challenges loom. Ensuring that external, regional institutions adopt the same discipline and that complaints-resolution outcomes are enforceable across jurisdictions remains uncertain. Some financial-services observers caution that consumer-protection frameworks must evolve as digital-asset services proliferate and as cross-border financial activity expands. One expert described the regulatory change as “about future-proofing the UAE’s financial system by ensuring it remains resilient, inclusive and responsive to emerging technologies”.

Dubai’s leadership has approved a landmark three-year fiscal plan totalling AED 302.7 billion in expenditure and AED 329.2 billion in projected revenues for the 2026-2028 period, marking the largest budget cycle in the emirate’s history. The approval came under Law No. 15 of 2025, signed off by His Highness Sheikh Mohammed bin Rashid Al Maktoum in his capacity as Vice-President and Prime Minister of the UAE and […]

Data executives in the United Arab Emirates are signalling serious alarm over the lack of transparency in how their artificial-intelligence systems make decisions, according to a fresh survey. About 94 per cent of data leaders in the country say they do not have full visibility of decision-making processes in their AI systems, pointing to deep governance vulnerabilities at a time when adoption is accelerating. This revelation emerges […]

Gold futures and spot prices slipped as the US dollar held near six-month highs and investors reconsidered expectations for interest-rate cuts by the Federal Reserve. Spot gold was trading around $4,055.73 per ounce and US futures for December delivery fell to approximately $4,052.40 per ounce. The dollar index rose above 100, a level that poses headwinds for gold since a stronger dollar makes the non-yielding metal more […]

Arabian Post Staff -Dubai Saudi Arabian Oil Company has entered preliminary talks to sell stakes in key export and storage terminals and possibly parts of its real-estate portfolio, aiming to raise over US$10 billion in what may become its most substantial disposals to date. The oil giant has invited banks to pitch feasibility studies and is weighing financing options that include equity raises or structures resembling the […]

Prepare for an evening where history comes to life. This December, the iconic Dubai Opera will become the epicenter of the musical universe as it hosts a once-in-a-lifetime convergence of talent. The legendary tenors José Carreras and Plácido Domingo will reunite for the “Stars of the Century” gala — a performance destined to be remembered for years to come. Scheduled for December 22, 2025, at 7:00 PM, this […]

Dubai’s leadership has endorsed a comprehensive architectural identity for the emirate’s road network, signalling a major shift in how transport infrastructure is designed and experienced. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, in his capacity as Chairman of the Executive Council of Dubai, approved the framework that aligns with the city’s broader ambition to deliver integrated, sustainable and visually coherent urban environments. The initiative, overseen by […]

Greenlogue/AP Riyadh – Tanmiah Food Company, one of Saudi Arabia’s largest vertically integrated poultry and food producers, has signed three strategic memoranda of understanding and launched what it calls the region’s first geothermal-cooled poultry facility, marking a significant move in its sustainability and decarbonisation drive. The agreements were unveiled during the inaugural Saudi Agri‑Food Tech Alliance Forum at the headquarters of the Ministry of Environment, Water and […]

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