XRP has returned to the centre of speculative crypto trading after market commentator X Finance Bull argued that the token could be nearing a sharp breakout, citing the XRP Ledger’s rising position in real-world asset tokenisation and renewed interest in institutional blockchain settlement. The call has focused attention on a possible move towards $10, a level that would require XRP to rise more than sevenfold from about […]
Arabian Post Staff -Dubai Manama has gained another marker in its shift towards cash-light commerce as stc Bahrain became the first telecommunications provider in the kingdom to introduce Mastercard’s Click to Pay, adding a faster checkout option for customers making digital payments. The launch places the telecom operator deeper into Bahrain’s expanding financial technology ecosystem, where mobile wallets, instant transfers and tokenised card payments are becoming part […]
Arabian Post Staff -Dubai UAE media regulators have opened a nationwide awareness drive in Abu Dhabi to promote clearer standards for digital, broadcast and publishing content, placing influencers, creators and media professionals at the centre of a campaign designed to strengthen responsible communication across all emirates. The National Media Authority held the first session of the 2026 Media Content Standards Awareness Campaign at Al Mushrif Majlis in […]
Arabian Post Staff -Dubai Money managers have lifted bullish copper wagers to their highest level in five months, reinforcing a powerful rally that has pushed New York futures to record territory and sharpened debate over whether the market is pricing a durable supply squeeze or a crowded speculative trade. Hedge funds and other large speculators raised their net-long position in Comex copper by 16 per cent to […]
Arabian Post Staff -Dubai Abu Dhabi has moved to accelerate a strategic crude oil pipeline expansion that would sharply increase exports through Fujairah, as confrontation between the United States and Iran intensifies pressure on the Strait of Hormuz and exposes the vulnerability of Gulf energy routes. The project is designed to double the country’s capacity to ship crude from the Gulf of Oman coast by 2027, reducing […]
Ethereum is entering a critical trading phase as BitMine Immersion Technologies pushes its corporate treasury close to 5 per cent of the network’s total supply, sharpening debate over whether concentrated accumulation can support prices or magnify volatility. The token was trading near $2,227 on Saturday, after slipping during the session from an intraday high above $2,310. The move kept ether above the $2,100 level watched by some […]
Crypto exchange MEXC has closed its first USD1 event series with more than 161,000 participants and $2.4 billion in futures trading volume from new users, underscoring how fee promotions and stablecoin-linked incentives are reshaping competition among digital asset platforms. The campaign, which ended on May 13, centred on USD1, the dollar-pegged stablecoin associated with World Liberty Financial. MEXC positioned the initiative as part of its wider 0-fee […]
Arabian Post Staff -Dubai Etihad Airways has signed a codeshare agreement with Uzbekistan Airways, opening eight destinations across Uzbekistan to its global passengers and giving travellers from Tashkent access to Abu Dhabi through a single-ticket arrangement. The agreement takes effect from 15 May 2026 and is designed to connect Etihad’s international network with Uzbekistan Airways’ domestic reach through Tashkent, the largest city in Central Asia. Bookings are […]
Arabian Post Staff -Dubai ADNOC has exchanged two strategic collaboration agreements with partners from India, widening Abu Dhabi’s role in crude storage, LPG supply and energy-security planning at a time of volatile shipping routes and rising fuel demand across Asia. The agreements were announced in Abu Dhabi on 15 May 2026 during Prime Minister Narendra Modi’s visit to the UAE, in the presence of President Sheikh Mohamed […]
UAE President Sheikh Mohamed bin Zayed Al Nahyan welcomed Modi on arrival, underscoring the personal diplomacy that has become a defining feature of ties between the two leaders. The visit opened the first leg of Modi’s five-nation tour, which is scheduled to include the Netherlands, Sweden, Norway and Italy between May 15 and 20.
The Abu Dhabi stop carries immediate strategic weight for New Delhi as energy markets remain exposed to geopolitical pressure and supply uncertainty. Discussions between the two sides were centred on long-term energy arrangements, petroleum reserves, liquefied petroleum gas supply and a wider defence framework, reflecting the broadening scope of a relationship once driven largely by trade, remittances and crude oil.
Agreements signed during the visit covered defence cooperation, petroleum reserve collaboration and LPG supply. The defence pact points to a gradual shift in the partnership towards security coordination, technology exchange and maritime stability, particularly as both countries seek to protect trade routes and energy flows across the Arabian Sea, the Gulf and the wider West Asia region.
Energy remains the strongest pillar of the relationship. The UAE is among India’s key suppliers of crude oil and gas, while Abu Dhabi’s state-linked energy companies have already taken part in India’s strategic petroleum reserve programme. New Delhi has been seeking to expand reserve capacity as part of a long-term effort to cushion the economy from global supply shocks, currency pressure and price spikes.
For Abu Dhabi, the visit fits a broader strategy of deepening ties with major Asian economies while positioning the UAE as an energy, finance, logistics and technology hub. The UAE’s investment push into ports, renewable energy, infrastructure, food corridors and financial services has increasingly aligned with India’s priorities in manufacturing, digital infrastructure and supply-chain diversification.
Bilateral trade has grown strongly since the Comprehensive Economic Partnership Agreement came into force in 2022. The pact reduced tariffs on a wide range of goods and helped accelerate commerce in gems and jewellery, petroleum products, food, metals, machinery and services. Both sides have set ambitious targets to lift non-oil trade, while businesses have expanded their use of rupee-dirham settlement mechanisms and cross-border payment links.
The partnership has also moved deeper into technology. Artificial intelligence, digital public infrastructure, data centres, financial technology and advanced computing have emerged as major areas of cooperation, especially after high-level exchanges earlier this year involving Sheikh Mohamed and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan. The proposed deployment of advanced computing infrastructure in India, with UAE-linked institutions and companies involved, has reinforced the technology dimension of the relationship.
People-to-people ties remain central to the diplomatic equation. The UAE hosts one of the largest overseas communities from India, with millions working across construction, services, health care, finance, aviation, education and technology. Their remittances and social links have long shaped the political warmth between the two countries, while improved consular services, labour welfare frameworks and easier travel arrangements remain important issues in bilateral engagement.
Modi’s Abu Dhabi visit also follows a sequence of symbolic gestures that have strengthened the public profile of the relationship. Sheikh Mohamed visited India in January this year, while senior members of Abu Dhabi and Dubai’s ruling families have taken part in major diplomatic and technology engagements. Modi’s 2024 visit to the UAE included the inauguration of the BAPS Hindu Mandir in Abu Dhabi, a project presented by both sides as a marker of tolerance and cultural connection.
Arabian Post Staff -Dubai Abu Dhabi’s property market has entered 2026 with record transaction values, sharply higher foreign investment and growing evidence that global capital is treating the emirate as a long-term real estate and wealth-management base rather than a cyclical Gulf property play. K Estates, a boutique luxury real estate advisory, said its Abu Dhabi Market Brief for 2026 shows total real estate transactions reaching AED66 […]
Bitcoin traders are positioning for a possible push towards $90,000 after the CLARITY Act cleared a key Senate committee vote, giving digital asset markets their strongest regulatory signal from Washington this year. The largest cryptocurrency traded near $80,600 on Friday after briefly testing the $82,000 area, with market participants watching whether legislative momentum in the United States can extend a rally that has already lifted sentiment across […]
Arabian Post Staff -Dubai Abu Dhabi’s Jassem Mohamed Bu Ataba Al Zaabi has moved from a largely behind-the-scenes fiscal role into the centre of global dealmaking, taking charge of L’IMAD Holding as the emirate reshapes its sovereign investment network and pushes deeper into infrastructure, technology, finance and strategic industries. Al Zaabi, long associated with the emirate’s Department of Finance and its investment oversight bodies, was named managing […]
Arabian Post Staff -Dubai Several airports operated by Cluster2 Airports have secured higher carbon accreditation from Airports Council International, placing Saudi Arabia’s regional aviation network deeper into the global push to measure, reduce and manage airport emissions. Arar Airport has attained Level 4+ under the Airport Carbon Accreditation programme, one of its highest tiers, while King Abdullah bin Abdulaziz International Airport in Jazan, Najran Airport, Sharurah Airport, […]
Emirates Global Aluminium is pursuing a stake in Sohar Aluminium as the Gulf’s largest aluminium producer seeks a wider regional footprint and greater protection against shipping and production shocks caused by the Iran war. Talks over the Omani smelter have reached an advanced stage, with discussions centred on a possible acquisition of stakes held by existing shareholders. Sohar Aluminium is owned by OQ, Abu Dhabi National Energy […]
Air Arabia’s first-quarter profit fell 22 per cent as regional conflict disrupted flying, closed airspace and forced temporary operational limits, even as the Sharjah-based low-cost carrier kept revenue broadly stable and filled a higher share of available seats. The carrier reported net profit of AED278 million for the three months ended 31 March 2026, down from AED355 million a year earlier. Turnover edged up 1 per cent […]
Aldar Properties has bought a residential and community retail project in Dubai Studio City for AED1.1 billion, marking a fresh step in the Abu Dhabi developer’s push to expand its recurring income base in Dubai’s fast-growing rental market. The acquisition from private developer SRG will give Aldar a build-to-rent community scheduled for completion in 2028. The project is planned around 312 homes across six mid-rise buildings, supported […]
Arabian Post Staff -Dubai Abu Dhabi has condemned an attack on an Indian-flagged cargo vessel off Oman, calling it a terrorist act that threatens international navigation, regional stability and the security of vital maritime corridors. The UAE Ministry of Foreign Affairs said the strike represented a dangerous escalation against commercial shipping at a time when the Gulf of Oman and nearby Strait of Hormuz remain central to […]
Arabian Post Staff -Dubai Vista Equity Partners has opened a new Abu Dhabi office within ADGM, giving the global enterprise software investor a regulated base in one of the region’s fastest-growing financial centres as capital flows into technology, private markets and artificial intelligence-linked infrastructure accelerate across the Gulf. VEPM Middle East Limited has secured full authorisation from ADGM’s Financial Services Regulatory Authority, allowing the firm to advise […]
A commercial vessel anchored off Fujairah has been taken by unauthorised personnel and steered towards Iranian territorial waters, intensifying concern over security at one of the world’s most important maritime chokepoints. The incident was reported 38 nautical miles, about 70 kilometres, north-east of the UAE port of Fujairah, close to the entrance of the Strait of Hormuz. The ship was at anchor when unidentified personnel boarded it […]
Arabian Post Staff -Dubai M42 has launched kidney. com, a free AI-powered kidney health assistant aimed at widening access to reliable education for people living with, or at risk of, chronic kidney disease across several international markets. The platform has gone live in the UAE, France, Germany, Portugal and the UK, with further country launches planned. It combines M42’s artificial intelligence, health technology and genomics capabilities with […]
Arabian Post Staff -Dubai FUCHS Egypt Lubricants has appointed Dynamic Distribution Co. as its official distributor across Upper Egypt, marking a sharper push by the German-rooted lubricant group to deepen its access to workshops, fleet operators, agricultural users and industrial customers beyond the Cairo-centred supply chain. The partnership gives Dynamic Distribution responsibility for expanding the availability of FUCHS products in a region that includes major commercial corridors […]
Arabian Post Staff -Dubai Zimbabwe’s export map is shifting sharply towards the Gulf, with the United Arab Emirates emerging as the country’s largest overseas market as trade, minerals sales and investment talks deepen between Harare and Dubai. Bilateral trade reached about US$4.1 billion last year, driven mainly by mineral exports and reinforced by a new pipeline of investment discussions covering mining, renewable energy, manufacturing, agriculture and logistics. […]
Gulf banks are preparing to lean more heavily on private placements and syndicated loans as the Iran conflict continues to unsettle public debt markets and reshape funding plans across the region. Fitch Ratings said lenders in the Gulf Cooperation Council are likely to use quieter, negotiated channels if market volatility keeps public bond windows narrow. Private placements by Gulf banks have already exceeded $4.3 billion this year, […]
