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Microsoft and Alphabet oppose proposed tokenised share trading

Microsoft, Alphabet and McDonald’s are among 22 publicly traded companies objecting to plans to offer blockchain-based versions of their shares on a proposed US trading platform, complicating a venture backed by cryptocurrency exchange OKX and New York Stock Exchange owner Intercontinental Exchange. The opposition widened on Friday when six more companies, including Wells Fargo, Arm Holdings and Intuit, joined the list of issuers resisting the proposed OKXICE […]

Singapore secures Saudi crude storage plan for 2027

Arabian Post Staff -Dubai Singapore and Saudi Arabia have agreed to pursue underground crude oil storage on Jurong Island from the second half of 2027, strengthening supply safeguards amid disruptions caused by the war involving Iran. The two governments announced the proposed arrangement on Monday as Saudi Aramco exchanged a memorandum of understanding with Singapore’s Energy Market Authority and industrial infrastructure agency JTC Corporation during Singapore International […]

CoinDCX acknowledges $16 million loss after wallet failure

CoinDCX has confirmed a cryptocurrency loss of nearly $16 million after an internal transfer system failed, reversing its initial dismissal of suspicious withdrawals from wallets previously compromised in a security breach. The Mumbai-based exchange said on Sunday that it had absorbed the loss of 15.99 million USDT, a dollar-linked cryptocurrency issued by Tether, and that customer balances and active trading systems remained unaffected. Its disclosure followed questions […]

Saudi-led coalition destroys two missile launchers in Sanaa

Arabian Post Staff The Saudi-led military coalition said on Monday it had destroyed two ballistic missile launchers in Yemen’s Houthi-controlled capital, Sanaa, following an attempted missile strike against Riyadh. Major General Turki Al-Maliki, spokesman for the Coalition to Restore Legitimacy in Yemen, said one of the destroyed launchers had been used to fire the ballistic missile towards the Saudi capital earlier in the morning. Saudi air defences […]

Riyadh airport assigns separate terminals as flights resume

Arabian Post Staff -Dubai King Khalid International Airport in Riyadh reopened Terminals 1 and 2 on Sunday, October 25, assigning domestic services to the first and international flights operated by Saudi national carriers to the second after a suspension linked to Houthi attacks. The airport announced the arrangements on Saturday in a passenger advisory circulated through its social media channels. It urged travellers holding confirmed reservations to […]

US trims Middle East embassy staffing over security threats

The United States is reducing staffing at four Middle Eastern embassies after intelligence officials warned that Iranian plots targeting Americans had reached advanced stages, adding to security concerns arising from Houthi attacks on Saudi Arabia. The State Department is adjusting personnel levels at its missions in Jordan, Lebanon, Qatar and the United Arab Emirates, while maintaining operations at those posts. The changes follow an order requiring non-emergency […]

Saudi property platform Ghanem adds $1.5m in funding

Arabian Post Staff -Dubai Saudi Arabian property technology company Ghanem has secured an additional $1.5 million in pre-seed financing, lifting the size of its early-stage funding round to $8.6 million as it expands a digital platform for fractional ownership of income-generating real estate. The extension attracted property companies and strategic angel investors, the Riyadh-based business said, without identifying all participants in the new financing. Its previous $7.1 […]

Saudi air defences destroy missile aimed at Riyadh

Arabian Post Staff -Dubai Saudi Arabia intercepted and destroyed a ballistic missile heading towards Riyadh early on Saturday, while coalition forces also brought down a drone in the kingdom’s Eastern Region, military officials said. Major General Turki Al-Malki, spokesman for the Saudi-led Coalition to Restore Legitimacy in Yemen, announced the interceptions in separate statements. He attributed the missile launch to Yemen’s Houthi movement, which has intensified cross-border […]

Moving from the UK to Dubai: seven tax decisions to make before departure

By Emma McDermott ATT, Founder of Global Tax Consulting   Dubai’s lack of personal income tax is one of the main attractions for British professionals considering a move to the UAE. Combined with the employment opportunities, lifestyle and relative proximity to the UK, it is easy to understand why so many people are making the move. However, relocating to Dubai does not automatically mean that you stop […]

Emaar inaugurates fourth golf club at Dubai South

Arabian Post Staff -Dubai Emaar Hospitality Group has confirmed the opening of Emaar South Golf Club in Dubai South, adding an 18-hole championship course to its leisure portfolio and expanding golfing facilities near Al Maktoum International Airport. The club welcomed its first players on 5 October and becomes the group’s fourth golf club. Designed by European Golf Design, the course measures 7,278 yards from the black tees, […]

From Mecca To Badr: New Defence Alliances And The Questions Facing India

By Bhasha Singh New defence partnerships are emerging across the world. Their purpose is not merely to strengthen military capabilities but also to reduce dependence on other countries for weapons production and technology. On October 21, Türkiye, Pakistan, Indonesia and Qatar signed the Badr Memorandum of Understanding in Doha, the capital of Qatar. Under this […]

The article From Mecca To Badr: New Defence Alliances And The Questions Facing India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

UAE and Greece unveil €12.75 billion partnership package

Arabian Post Staff -Dubai The United Arab Emirates and Greece announced 18 agreements and commercial partnerships worth €12.75 billion ($14.3 billion) on Thursday, alongside plans for another €15 billion of UAE investment in Greece. The announcements came at the UAE-Greece Strategic Forum in Athens, attended by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and Greek Prime Minister Kyriakos Mitsotakis. The package covers […]

Gold slides towards $4,000 before Federal Reserve meeting

Gold prices fell on Friday and headed for their sharpest weekly decline in more than four months as rising energy costs reinforced expectations that the US Federal Reserve will keep interest rates elevated. Spot bullion traded around $4,021 an ounce, extending its weekly loss to approximately 3.6 per cent. US gold futures dropped 0.6 per cent to about $4,035, bringing the psychologically important $4,000 threshold into sharper […]

UAE nominates Lana Nusseibeh for UN leadership contest

Arabian Post Staff -Dubai The United Arab Emirates has formally nominated senior diplomat Lana Nusseibeh to become the next United Nations secretary-general, introducing a Middle Eastern contender into a leadership contest marked by divisions among the Security Council’s permanent members. President Sheikh Mohamed bin Zayed Al Nahyan submitted her nomination on Wednesday in a letter to the presidents of the General Assembly and Security Council. Nusseibeh, the […]

Central banks expand gold holdings and rearrange overseas storage

Arabian Post Staff -Dubai Central banks are increasing gold reserves and shifting bullion between international vaults, with new industry data showing a sharp rise in purchases and growing interest in reducing dependence on individual storage centres. The World Gold Council says official institutions bought an average of approximately 1,000 tonnes annually over the four years preceding its 2026 survey, compared with roughly 500 tonnes a year during […]

Aldar Education selects Toddle platform for 13 schools

Aldar Education has signed a memorandum of understanding with education technology company Toddle to introduce a unified learning management system across its 13 operated schools in Abu Dhabi, consolidating teaching, assessment and reporting while incorporating artificial intelligence into classroom activities. The agreement, announced on Thursday, October 22, will establish a common digital platform for schools delivering British, American and International Baccalaureate curricula. Implementation will proceed in phases, […]

Abu Dhabi sovereign funds lead regional investment activity

Abu Dhabi emerged as the leading centre of sovereign investment activity in the Middle East during the first nine months of 2026, with state-backed funds accelerating acquisitions, consolidating strategic assets and expanding international investments despite geopolitical uncertainty. New figures from investment research firm Global SWF show that Mubadala Investment Company deployed $26.2 billion between January and September, making it the most active sovereign investor in the Gulf. […]

BlackRock introduces actively managed fund targeting robotics companies

Arabian Post Staff -Dubai BlackRock has launched a robotics-focused exchange-traded fund, widening its artificial intelligence investment range as investors become more selective about exposure to the technology. The iShares Future Robotics and Related Technologies Active ETF began trading on NYSE Arca on Wednesday, 21 October, under the ticker RBTX. The fund seeks investments across businesses developing, supplying and deploying intelligent machines that automate physical tasks, including operations […]

Dammam airport attack kills one as US orders departures

An attack on King Fahd International Airport in Dammam killed one person and injured eight others, Saudi Arabia’s civil aviation regulator confirmed on Thursday, as Washington ordered non-essential diplomatic personnel and their families to leave the kingdom. The General Authority of Civil Aviation said the airport was targeted on Wednesday evening, October 21. The person killed was a resident of Saudi Arabia, while the eight injured people […]

Abu Dhabi fund joins Paras Healthcare IPO investors

Arabian Post Staff -Dubai A unit of Abu Dhabi Investment Authority has secured shares in Paras Healthcare’s Rs 14.5 billion initial public offering, placing the emirate’s sovereign wealth capital among the hospital operator’s institutional backers. The Gurugram-based company opened its public subscription on Wednesday, October 21, with bidding scheduled to close on Friday. Its anchor placement, completed on October 19, raised Rs 6.525 billion from domestic and […]

Dubai luxury home transactions slide 34% in third quarter

Arabian Post Staff -Dubai Dubai’s sales of homes priced at $10 million or more fell 34 per cent in the third quarter of 2026, with 86 transactions worth $1.57 billion, according to property consultancy Knight Frank. The July-September figure represented a decline from 131 transactions in the preceding quarter and 103 during the corresponding period last year. Despite the slowdown, cumulative sales for the first nine months […]

Formula One maintains Qatar and Abu Dhabi race dates

Arabian Post Staff -Dubai Formula One’s season-ending Grands Prix in Qatar and Abu Dhabi will proceed as scheduled, with motorsport authorities reaffirming plans for both races despite security concerns arising from conflict across the Middle East. The confirmation keeps Qatar’s event at Lusail International Circuit on November 27–29 and the Abu Dhabi Grand Prix at Yas Marina Circuit on December 4–6. The UAE race will conclude the […]

The Cost of Waiting on EB-5 Is About to Get Higher

For investors considering U.S. permanent residency through the EB-5 Immigrant Investor Program, the final months of 2026 could prove significantly more expensive for those who delay. The program currently requires a minimum qualifying investment of $800,000, but two separate cost increases are now approaching. First, USCIS Filing Fees Rise From November 30, 2026, the filing fee for Form I-526E will increase from $3,675 to $7,850. For investors […]

Can Smartphone Makers Deliver Useful AI Without Draining Battery Life?

Artificial intelligence is becoming a bigger part of the smartphone experience, powering features such as real-time translation, photo editing, voice assistants, and text summarisation. Similar digital experiences, including those offered through platforms like GameZone casino, also rely on mobile devices that balance functionality with performance. However, delivering AI capabilities without significantly reducing battery life remains a technical challenge. Manufacturers are exploring specialised processors, smaller AI models, and […]