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Arabian Post Staff Emaar Development, the build-to-sell property development business majority-owned by Emaar Properties, achieved strong performance during the first nine months (January to September) of 2021, with a strong contribution by exceptional inventory sales, and reinforced by recent successful launches creating value for the future. The developer reported its highest ever property sales of AED 20.943 billion (US$ 5.702 billion) in the first nine months of 2021, […]

By James M Dorsey Former Saudi intelligence chief Prince Turki AlFaisal Al Saud must have gotten his tenses mixed up when he asserted in a recently published memoir that no one should underestimate the political importance of Muslims’ commitment to helping other Muslims. Prince Turki’s memoir is focused on Afghanistan, a major preoccupation during his tenure as head of the General Intelligence Department (GID), the kingdom’s foreign intelligence […]

Arabian Post Staff Dubai Airshow 2021, set to be the biggest Airshow held in the UAE to date, will welcome members of the general public, families and children to witness the daily flying display from the purpose-built Skyview Grandstand, at Dubai World Central, Al Maktoum International Airport, the home of the Airshow, taking place from 14-18 November. The flying teams include Al Fursan, the United Arab Emirates […]

Erdogan Becoming a Liability for Turkey   By Manish Rai Last month Turkey made it into the grey list of the Financial Action Task Force (FATF), the global money laundering and terrorist financing watchdog headquartered in Paris. Turkey now joins its close ally Pakistan in FATF’s crosshairs. Surprisingly Turkey becomes the largest economy to be included in this list. The FATF listing for Ankara comes on the back of […]

Evorich community members celebrated the 7th anniversary of MLCI business and the company’s birthday at the large-scale business forum EVENTI 2021, which took place in October in Dubai. In addition to speeches, testimonials, awarding of leaders and training sessions, the event saw the launch of the new line of perfumes EvoScent created by the renowned perfumer Ramón Béjar specifically for Evorich. Ramón Béjar developed a limited collection […]

The population size and diversity of immigrants in the United States has increased over the years. In 2018, it was reported that immigrants living in the U.S. accounted for 13.7% of the U.S. population. In the last few years there has been an increased focus on immigration, particularly looking at whether foreign nationals burden or strengthen the country’s economy. This highlighted interest in immigrants and their contribution […]

Arabian Post Staff Etihad Rail, the developer and operator of the UAE National Rail Network, announced the completion of 50% of the construction works of the marine rail bridge in the UAE, as part of Package B of Stage Two of the UAE National Rail Network. The marine rail bridge extends over one kilometre, connecting Khalifa Port with the UAE National Rail Network. The bridge will play an important […]

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Sustainable packaging is the way to go-it’s better for the environment, and it’s even better for your business. For example, recycled paperboard is a smart alternative to traditional cardboard boxes-they’re easier to assemble, and they provide increased protection for your products! There are tons of other great options out there that we’ll explore in this article-so let’s get started!    1. Use Banding One of the most […]

Arabian Post Staff The Abu Dhabi Securities Exchange has introduced a derivatives market as the exchange rolls out initiatives to develop Abu Dhabi’s capital markets and bring its products and services in line with global peers. With the launch of single equity futures, the new market will give investors and traders the opportunity to benefit from increased leverage, two-way market exposure, and hedging capabilities. Trading in the […]

Arabian Post Staff Dubai Expo 2020 so far looks positive and will undoubtedly boost travel and hospitality within the UAE, thus proving a critical marker for recovery in its travel and tourism sector in terms of visitor numbers, PwC said in its latest Middle East Economy Watch, ‘Recovery accelerates in the GCC, despite inflation concerns’. The report said a combination of factors are contributing to recovery across the […]

The oil market is expected to see bullish momentum this week, at least until OPEC+ meets, as traders expect no change of supply policy by the group, despite the extreme market tightness. The  OPEC+ meeting is being held on Thursday amidst bearish developments such as China deciding to release oil products from state reserves and a general worsening of Covid-19 cases in Eastern Europe. But the market […]

James M Doresy Sunni Muslim ultra-conservatism is having a field day. Barely three months after the Taliban claimed victory in Afghanistan, Pakistan, the second most populous Muslim-majority state, is moving to join Kabul in becoming an outpost of religious intolerance and Muslim supremacy. In doing so, Pakistan, alongside Afghanistan, has come down on the side of countries like Turkey and Iran that advocate various forms of political […]

Arabian Post Staff An international cryptocurrency trading scam targeting iPhone users through popular dating apps, such as Bumble and Tinder has been unearthed. A report detailing the latest findings, “CryptoRom Fake iOS Cryptocurrency Apps Hit US, European Victims For At Least $1.4 Million,” shows that the operation has escalated. The attackers have expanded from targeting people in Asia to include people in the U.S. and Europe. Sophos […]

Matein Khalid I have been a consistent bear on the Turkish lira from the time President Erdogan, a political populist and former soccer player, decided that he was a better monetary economist than the four central bank governors in Ankara that he sacked in the past decade. I pleaded with my friends in Dubai/Pakistan not to bottom fish in the Turkish lira during the post coup meltdown […]

Arabian Post Staff DP World Limited handled 58.4 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in 9M2021, with gross container volumes increasing by 11.9% year-on-year on a reported basis and up 11.4% on a like-for-like basis, the company said. On a 3Q2021 basis, DP World handled 19.8 million TEU, up 8.1% year-on-year and up 7.9% on a like-for-like basis. 3Q2021 gross volume […]

ZÜRICH, SWITZERLAND – EQS Newswire – 26 October 2021 – Xlife Sciences AG has signed a strategic partnership with the development organization Peace City World as part of the Vision 2030 future program. Peace City World is the official developer of four Smart Cities in Saudi Arabia and Tunisia as well as part of Vision 2030. The program was launched by the Saudi Crown Prince in 2016 […]

Many residents in the United Arab Emirates are interested in obtaining the United States Green Card for themselves and their family members to take advantage of the various benefits offered. For the past 30 years, the U.S. EB-5 Immigrant Investor Program has been popular amongst residents in the region given both the ease of applying and the low requirements relative to other immigration by investment programs, such […]

By James M. Dorsey The times they are a changin’. Iranian leaders may not be Bob Dylan fans, but his words are likely to resonate as they contemplate their next steps in Iraq, Iraqi Kurdistan, Lebanon, and Azerbaijan. The same is true for Turkish President Recep Tayyip Erdogan. The president’s shine as a fierce defender of Muslim causes, except for when there is an economic price tag […]

Traveling is fun. You get to recharge, expose yourself to new things, and keep stress and anxiety at bay. It’s also a great way to make you physically healthier and creative. But where you’re staying during your trip and how you’re going to reach your destination can influence your overall travel experience.  So to experience the perks of traveling, you need to book the best flight and […]

Arabian Post Staff Dubai-based Damac group has entered a partnership with Dataplex Group Limited, a data centre colocation, engineering and construction solutions company headquartered in Dublin, Ireland. The partnership will focus on brownfield projects involving retrofitting existing structures and larger greenfield projects, with specific focus on hyperscale and wholesale colocation customers. Damac has also invested in Dataplex, which will result in a shareholding of up to 45% […]

Arabian Post Staff The first bitcoin futures ETF will begin trading this week, marking a milestone in the development of crypto industry. The futures product has been approved by the Securities and Exchange Commission. The debut will be with ProShares, a filing from the company indicated. This means the exchange will allow investors to trade the funds as allowed under federal law without SEC intervention. The ProShares Bitcoin […]

Arabian Post Staff The Federal Tax Authority (FTA) has processed more than 9,640 requests to recover Value-Added Tax (VAT) incurred by UAE nationals on building their new residences by September 2021 – more than 107.1% growth from the figure reported in the first nine months of 2021 compared to the total number of processed requests until the end of 2020. In a press statement, the Authority highlighted […]

Arabian Post Staff Africa is set to power the world’s digital transformation with its huge young talent base powering an offshore services export revolution with Egypt in pole position and Ghana set to lead on bridging the digital gender divide, day one GITEX GLOBAL Leaders Vision Summit in Dubai heard today. Speaking on the Africa focus opening day of the inaugural Leaders Vision summit, H.E Dr. Amr […]

The last two years have been a time of great changes, both in the lives of many people and in business. Owing to the pandemic-related restrictions, some companies suffered losses, while others, on the contrary, found new opportunities for growth and development amid the financial crisis. One may say that the years 2020 and 2021 were quite revealing in many ways. The international marketing company Evorich was […]

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