Just in:
SC to examine students’ exam plea today // Ousted top Kochi cop gets IG post // TVM –Mangaluru Vande Bharat claims top spot // Utilities pursue ₹1,992 cr in unpaid bills // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Kochi police detain two actors over bid to honey trap doctor // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // UK air traffic outage inflicted £33m financial losses // ADIA and partners establish $1.4 billion aviation venture // Millions Of Indians May Soon Be Deprived Of Government Assistance // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // Oil and chip shares retreat after Democratic victories // Cloudflare unveils Zero Wire vulnerability intelligence service // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // OpenAI identifies 948 Linux privilege escalation flaws using AI // Dubai boat show confirms international shipyard line-up for November // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities //

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Investors have become so focused on AI software that many are overlooking the industries making the boom possible. I believe this could prove to be an expensive mistake. The dominant investment narrative has revolved around the companies building AI models, designing advanced chips and providing cloud-computing services. Investors have poured huge amounts of capital into firms such as NVIDIA, Microsoft, Amazon, Alphabet and Meta Platforms. Those businesses […]

Arabian Post Staff -Dubai Hafeet Rail has completed 40 per cent of the Oman-UAE railway link, moving the Gulf’s first cross-border rail connection into a more advanced construction phase as work accelerates across tunnels, bridges, earthworks and logistics facilities along the corridor. The company, a joint venture between Etihad Rail, Oman Rail and Mubadala Investment Company, said the milestone covers civil works and major structures on the […]

AHS Properties has acquired the Shangri-La Dubai hotel on Sheikh Zayed Road for Dh1.1 billion, deepening the luxury developer’s hold on one of the city’s most tightly held real estate corridors and signalling renewed confidence in prime mixed-use assets. The deal places a long-established hospitality landmark under the control of Abbas Sajwani’s company at a time when Dubai’s luxury property market continues to draw large-ticket capital into […]

Arabian Post Staff -Dubai US forces struck military targets across Iran overnight, widening an air campaign that has pushed Washington and Tehran closer to open conflict as President Donald Trump warned that further attacks would follow unless a peace deal is secured. Central Command said the operation was completed about four hours after it began, shortly after midnight in Tehran, with strikes aimed at military surveillance assets, […]

Arabian Post Staff -Dubai Industrial and Commercial Bank of China Limited’s Dubai branch is marketing dual-currency green bonds, offering investors a dollar floating-rate tranche and a renminbi fixed-rate tranche as sustainable debt issuance continues to gain traction across Gulf capital markets. The proposed three-year dollar notes carry initial price guidance at the Secured Overnight Financing Rate plus 90 basis points, while the three-year offshore renminbi tranche is […]

Golden Bridge Real Estate is proud to announce its highly anticipated Back to Business summer event, unveiling an exclusive collection of summer offers for The Caden by Prescott, located in one of the most in-demand locations of Dubai – Meydan Horizon community. The event is designed to bring together Dubai’s brokers and investors under one roof, marking one of the most compelling real estate offers of the […]

Egypt’s Suez Canal recorded its strongest monthly revenue since early 2024 as oil tankers turned increasingly to the Red Sea route after the effective shutdown of the Strait of Hormuz disrupted Gulf energy flows. Revenue from the waterway reached about $419 million in April, up 27 per cent from a year earlier, supported by a sharp rise in tanker crossings and higher net tonnage. The canal handled […]

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Morpho has secured $175 million from a group of heavyweight financial and crypto investors, strengthening its bid to turn decentralised lending into core infrastructure for global credit markets. The funding round was co-led by Paradigm, a16z crypto and Ribbit Capital, with participation from Apollo Funds, Circle Ventures, VanEck, Ledger Cathay, Variant, Wintermute Ventures, Prelude, IOSG, HashKey, Mirana, NJJ Capital, SBI Group and Bpifrance. The raise ranks among […]

By K Raveendran Resolution of the US-Israel war with Iran now appears further away than at any point in the conflict, with the latest American strikes pushing global markets into a more unsettled phase. The US launch of retaliatory attacks on Iranian defence and radar systems after Washington accused Tehran of responsibility for the downing […]

The article India’s Fiscal Shield Comes Into Focus As Hormuz Crisis Darkens Outlook appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Dubai has moved to shorten the waiting time for tourist entry permits, with 30-day and 60-day single-entry visas now expected to be processed within 48 hours through approved channels, sharpening the emirate’s appeal as peak summer and year-end travel planning gathers pace. The General Directorate of Residency and Foreigners Affairs – Dubai has indicated that the service applies to single-entry tourist visas issued for visits of either […]

Japan recorded a sharp rise in arrivals from GCC states in 2025, as affluent Gulf travellers turned increasingly to long-haul holidays built around luxury stays, food, culture, snow escapes and nature-led itineraries.

Visitor arrivals from the six GCC countries reached 55,924 in 2025, up 25.2 per cent from the previous year, outpacing Japan’s wider inbound tourism growth. The increase came as total international arrivals hit 42.683 million, a record annual figure and a 15.8 per cent rise from 2024, when Japan had already surpassed its pre-pandemic high.

The Gulf performance remains small in absolute numbers compared with Japan’s biggest source markets in East Asia, North America and Europe, but the pace of growth has drawn attention from travel operators because GCC visitors tend to favour premium hotels, private tours, family travel, shopping, wellness experiences and multi-city itineraries. Demand has been supported by stronger aviation links through Dubai, Abu Dhabi and Doha, easier visa processes for several categories of travellers, and sustained interest in Japan’s seasonal attractions.

The rise also reflects a broader shift in Gulf outbound travel. Travellers from the UAE, Saudi Arabia, Qatar, Kuwait, Bahrain and Oman are looking beyond traditional European summer destinations, especially as Japan promotes cooler regions, countryside routes and immersive cultural experiences. Hokkaido has gained visibility among Gulf families seeking milder summer weather, scenic drives and nature resorts, while Tokyo, Kyoto and Osaka continue to dominate first-time travel plans.

Japan’s appeal has been reinforced by the weak yen, which has made shopping, dining and accommodation more attractive for visitors with dollar-linked Gulf currencies. Luxury retail, department stores, theme parks, Michelin-listed restaurants, ryokan stays and private guides have benefited from the spending power of long-haul visitors. Travel agencies across the Gulf have also reported growing demand for tailor-made trips covering cherry blossom viewing, autumn foliage, ski resorts and Japanese pop culture.

Tourism spending has become a major pillar of Japan’s post-pandemic services economy. International visitor expenditure rose to about ¥9.5 trillion in 2025, up 16.4 per cent from the previous year, while average spending per visitor was roughly ¥229,000. The figures underline why Japan is targeting higher-value tourism rather than only volume growth, especially as pressure mounts on crowded destinations such as Kyoto, Mount Fuji viewing spots and central Tokyo districts.

Japan’s national tourism strategy aims to draw 60 million visitors annually by 2030, but policymakers and local authorities are increasingly balancing that target with concerns over overtourism. Measures have included crowd controls, higher accommodation taxes in some areas, visitor-management rules at popular sites and campaigns encouraging travellers to explore regional destinations. For GCC visitors, that strategy fits with demand for quieter, curated experiences outside the standard Golden Route of Tokyo, Kyoto and Osaka.

JNTO’s Dubai office has intensified destination marketing across the Gulf, with campaigns highlighting Hokkaido, Setouchi and other regions suited to repeat visitors. Promotional activity has focused on travel trade partners, digital media, luxury travel networks and family-oriented itineraries, reflecting the region’s preference for planned holidays with strong service standards. Japan’s participation in major Gulf travel events has also helped place the country more firmly in tour operators’ premium Asia portfolios.

Air connectivity remains a decisive factor. Gulf hubs provide one-stop access to several Japanese gateways for travellers from across the region, while Emirates, Etihad Airways and Qatar Airways have helped keep Japan visible in high-yield leisure and business travel channels. Doha, Dubai and Abu Dhabi also act as connecting points for travellers from wider Middle East markets, strengthening Japan’s ability to attract visitors beyond its traditional Asian feeder markets.

Visa facilitation has added momentum. UAE nationals continue to benefit from visa-free short stays, while Qatari citizens have access to similar arrangements after completing required registration. Travellers from Saudi Arabia and other GCC states have increasingly been able to use electronic visa channels for tourism, reducing friction for families and first-time visitors. Expatriate residents in Gulf countries remain subject to nationality-based rules, but online processing has improved access for many applicants.

Arabian Post Staff -Dubai The OPEC Fund for International Development has mandated a no-grow €500 million five-year fixed-rate benchmark bond, returning to Europe’s public debt market as highly rated supranational borrowers continue to draw demand from investors seeking secure income. Initial price thoughts for the Regulation S senior unsecured issue have been set at mid-swaps plus 29 basis points. The expected issue rating is aligned with the […]

Japan’s three largest banking groups are moving to jointly issue stablecoins by the end of the fiscal year to March 2027, setting up a coordinated push that could place regulated bank-backed digital money at the centre of corporate payments and cross-border settlement. MUFG Bank, Sumitomo Mitsui Banking Corporation and Mizuho Bank will establish a council to examine operating rules, governance, issuance procedures and systems needed for the […]

Trad. Fi and W3 are preparing a $650 million private-credit programme aimed at moving equipment-financing loans for businesses onto public blockchain infrastructure, marking a fresh push to connect real-economy lending with automated capital workflows and tokenised settlement. The initiative targets a 48-month pipeline of lending assets tied to equipment purchases, with Trad. Fi originating credit and W3 providing artificial-intelligence agents to support risk assessment, due diligence and […]

Crescent Petroleum Chief Executive Officer Majid Jafar has warned that the Gulf conflict has moved beyond an energy-market disruption into a whole-economy shock, exposing the vulnerability of global trade, industry and food systems to a narrow set of strategic maritime chokepoints. Speaking in Washington, DC, at the Arab Gulf States Institute’s Petro Diplomacy 2026 conference, Jafar said disruption to flows through the Strait of Hormuz had shown […]

Arabian Post Staff -Dubai Washington carried out overnight strikes on Iranian military sites near the Strait of Hormuz after President Donald Trump said Tehran had shot down a US Army Apache helicopter patrolling the strategic waterway. US Central Command said the operation was launched on Trump’s orders and described the action as self-defence. The strikes targeted air defence systems, ground control stations and surveillance radar sites positioned […]

Arabian Post Staff -Dubai Oman is moving to convert fiscal repair and regulatory reform into a stronger claim on international capital, positioning the International Financial Centre of Oman as the centrepiece of a drive to attract financial institutions, fund managers and professional services firms. The push comes as Muscat benefits from a restored investment-grade profile after several years of debt reduction, spending restraint and higher policy credibility […]

Anthropic has released Claude Fable 5, its most powerful AI model made broadly available, opening public access to a safeguarded version of the company’s Mythos-class technology after months of controlled testing among selected partners. The launch marks a significant shift for the San Francisco-based AI company, which had previously limited Mythos-class capabilities because of concerns over advanced cybersecurity and biological-risk use cases. Claude Fable 5 is being […]

Matein Khalid Only after I tried to read the 277-page SpaceX IPO filing did I grasp the truth of Winston Churchill’s observation that his sceptred isle and America were two countries separated by a common language. For my Brit friends and editors, SpaceX is a rocket launch, satellite and AI business. In the legal gobbledygook of SEC/Wall Street, American lingo, SpaceX is history’s first “orbital infrastructure conglomerate”. […]

Arabian Post Staff -Dubai Saudi Arabia’s Arabian Dyar has put its planned Tadawul initial public offering on hold, becoming the latest issuer to step back from the Kingdom’s listings pipeline as volatile trading conditions and weaker investor appetite complicate efforts to bring larger private companies to market. The real estate and construction company, formally known as Aldyar Alarabiya Real Estate Development Company, had faced a June deadline […]

MAKKAH, SAUDI ARABIA – Media OutReach Newswire – 9 June 2026 – Umm Al Qura for Development and Construction has announced its 2026–2030 growth strategy, marking a significant step in its transformation from a single-destination developer into a diversified urban destination and investment platform across Saudi Arabia’s Western Region.

Masar Gardens
Masar Gardens

As part of this strategy, the company unveiled Masar Gardens, a new mixed-use urban destination in Makkah with an initial infrastructure and land investment of approximately SAR 6 billion. The project spans 1.2 million square meters and is expected to be developed over a five-year period.

The new strategy targets expanding Umm Al Qura’s development portfolio beyond its flagship Masar Destination, with future projects planned across Makkah, Jeddah, and Madinah. The company aims to create a diversified portfolio of urban destinations valued at exceeding SAR 50 billion while attracting new investment opportunities and strategic partnerships.

Yasser Abuateek, Chief Executive Officer of Umm Al Qura for Development and Construction, said the company is leveraging its proven development expertise and institutional capabilities to deliver long-term value for investors, communities, and the wider economy.

Masar Gardens will feature residential, commercial, hospitality, and public-use components supported by extensive infrastructure, green spaces, pedestrian pathways, and modern mobility solutions. The project is designed to contribute to Makkah’s long-term urban development objectives while enhancing quality of life and strengthening the city’s attractiveness as an investment destination.

The announcement reflects the company’s broader vision of developing scalable urban destinations that support Saudi Arabia’s economic diversification ambitions and create sustainable growth opportunities for local and international investors.

Hashtag: #Development #SaudiArabia

The issuer is solely responsible for the content of this announcement.

Humanity Protocol suffered a sharp market collapse after a private-key compromise hit wallets linked to the Web3 identity project, draining more than $30 million and sending its H token down by nearly 90 per cent during Tuesday trading. The breach exposed a critical weakness in one of the fastest-rising digital identity ventures in the crypto market, where projects promise privacy-preserving proof of personhood but still depend on […]

Arabian Post Staff -Dubai Emirates Global Aluminium has built new STEM laboratories in schools and universities across the UAE, expanding an education-industry programme aimed at preparing students for technical careers in manufacturing, engineering and advanced industrial sectors. The facilities have been developed with Al Samha School, Al Rahba School, Al Falahiya School, Dubai National School, Zayed University and the Higher Colleges of Technology. More than 2,600 students […]

United States lawmakers have set out a package of digital asset tax measures aimed at reducing compliance burdens for crypto users while giving tax authorities clearer rules for staking, mining, stablecoins, trading losses and charitable donations. The House Ways and Means Committee has placed six numbered bills and a related discussion draft before a full committee hearing on digital asset taxation scheduled for June 9 at 2pm […]

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Just in:
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