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Arabian Post Staff DP World has announced that it has made an offer to acquire JSE-listed Imperial Logistics, an integrated logistics and market access company with operations mainly across the African continent and in Europe. The acquisition will enhance DP World’s capabilities, particularly in Africa, building on its extensive infrastructure of ports, terminals and economic zones. It will also significantly accelerate DP World’s transformation into an advanced […]

RIYADH: Saudi Arabia’s Social Development Bank (SDB) provided financing of SR1.6 billion ($426.6 million) to 30,000 beneficiaries during the first half of this year.SDB provided financial and

RIYADH: Saudi Arabia’s Deputy Defense Minister Prince Khalid bin Salman met with the US National Security Council’s coordinator for the Middle East and North Africa Brett McGurk and US Envoy to Yemen

The United States EB-5 Immigrant Investor program reached its sunset date on June 30, 2021. The national immigrant investor program that has been a pivotal tool for the U.S. economy and labour market has failed to be reauthorized by Congress. This means that as of 1 July, 2021, the United States Citizenship and Immigration Services (USCIS) cannot accept new investor petitions into the EB-5 Regional Center Program. […]

When thinking about upholstering your sofas, chairs, and other furniture pieces, the wide array of choices (one example of which is Crevin Chic upholstery fabric) can make choosing the right material a bit confusing and difficult. Should you pick a neutral color or bold? Solid or pattern? Leather or fabric? There are endless possibilities to showcase your personality while setting the mode and tone of a room […]

Arabian Post Staff Dubai International Financial Centre (DIFC) has announced new Intellectual Property Regulations (IP Regulations) with effect from 5 July 2021.  The introduction of the regulations reflects the Centre’s continuing commitment to maintaining a transparent and robust legal and regulatory framework aligned with global best practice. It also supports DIFC’s focus on fostering innovation by identifying and protecting intellectual property rights, which is of key importance […]

DUBAI: The recent decline in Saudi Arabia’s foreign reserves, a measure of its ability to support its dollar-pegged currency, was partly due to a lag between import payments and export receipts, the
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RIYADH: Emirates added extra flights betwen Saudi Arabia and the UAE on Sunday after the Kingdom suspended air travel to its neighbor. It doubled flights to Riyadh and Jeddah and added a Dammam

RIYADH: Chairman of the Royal Commission for Jubail and Yanbu, Abdullah Al-Saadan, laid the foundation stone for a SR3.3 billion ($879.8 million) factory to produce LED lighting lamps in the in

DUBAI: The Yemeni government welcomed Saudi Arabia’s latest statement on the Riyadh Agreement, Yemen’s foreign minister said on Friday The Saudi statement includes a clear message to respect the

James M Dorsey Recent announcements by Crown Prince Mohammed bin Salman of plans to turn the kingdom into a transportation and logistics hub that connects continents take to a new level Saudi efforts to replace the United Arab Emirates and Qatar as the Middle East’s go-to addresses. Prince Mohammed’s plans, which include the creation of a new national carrier alongside Saudia, currently the kingdom’s aviation flagship and construction of a new airport for […]

With the rise of online casinos across the world, this type of business is now present in many countries and regions where gambling isn’t traditionally carried out. How do these companies approach the task of attracting new customers in places like the Arabian market, where there isn’t already a strong casino culture in place? New Player Bonuses One of the most powerful marketing strategies that online casinos […]

By James M. Dorsey US President Joe Biden may have little appetite for Israeli-Palestinian peacemaking but seems determined to prevent some third parties from exploiting the regional stalemate to their advantage. That seems to be one message contained in ensuring that King Abdullah of Jordan will be the first Arab leader to visit the White House since Mr. Biden took office. The message takes on added significance with the […]

RIYADH: The Saudi Sports for All Federation (SFA) has signed a memorandum of understanding with the Arabian Centers Co. to turn their malls into walking destinations for visitors in their latest

Arabian Post Staff The sale of homes priced at over $10 million has risen sharply in Dubai, according to property consultants Knight Frank. “The uber luxury end of the market is a terrific barometer for general market sentiment. And in Dubai, we appear to be in the midst of a spectacular post-Covid rebound in luxury home sales. There have been 22 sales of homes worth more than […]

RIYADH: Saudi Arabia’s Public Investment Fund (PIF) said it appointed Rania Nashar, former CEO of Samba Financial Group, as its head of compliance and governance, Al Arabiya reported. Nashar joined

James M Dorsey The rise of hardline President-elect Ebrahim Raisi has prompted someanalysts to counterintuitively suggest that it could pave the way for reduced regional tensions and potential talks on a rejiggered Middle Eastern security architecture but getting from A to B is likely to prove easier said than done. Hopes that a hardline endorsement of a return to the 2015 international agreement that curbed Iran’s nuclear program will […]

Arabian Post Staff After being awakened from their 15-month long hibernation, Dubai International’s Terminal 1 and Concourse D welcomed their first passengers on Thursday morning with the arrival of flynas flight XY201 from the Saudi Arabian capital of Riyadh. Linked to Terminal 1 by an airport train, the $1.2 billion Concourse D, opened in February 2016 as the home terminal of DXB’s 65 plus international carriers. The […]

ABU DHABI: A Dubai company that makes clothing from plastic water bottles plans to expand in Saudi Arabia and Egypt after the pandemic forced a complete rethink of its business model. DGrade was

James M Dorsey Education is emerging as a major flashpoint in competing visions of a future Muslim world. Rival concepts being instilled in a next generation are likely to shape what amounts to a battle for the soul of Islam. Reports earlier this year published by the Israel-based Institute for Monitoring Peace and Cultural Tolerance in School Education (IMPACT-SE) chart the divergence in educational approaches. At one end of […]

As the summers have already arrived and are now heading towards the peak, everybody somehow is going through the same thought process; how to get rid of the upcoming harsh temperatures? The ones who have already installed the cooling appliances are still at some peace as compared to those who are yet to begin the preparation. There’s nothing to be scared of even if you haven’t done […]

DUBAI: Booking trends are showing signs of recovery a month into Saudi Arabia’s reopening of borders, a top travel agency revealed. Almosafer, owned by Seera Group, said the agency has recovered 76

Arabian Post Staff DP World said the Jebel Ali Free Zone (Jafza) witnessed a 12 per cent growth in its healthcare and pharmaceuticals customer base between 2019-2020. As one of the most important contributing sectors in the Free Zone, the healthcare and pharmaceuticals segment is one of the key economic pillars in Jafza. Spanning an area of around 170,000 sqm, and currently housing 174 companies from 41 countries, the segment […]

James M. Dorsey Pakistan’s place in a new world order is anybody’s guess. Recent policy moves suggest options that run the gamut from a state that emphasizes religion above all else to a country that forges a more balanced relationship with China and the United States. The options need not be mutually exclusive but a populous, nuclear-armed country whose education system is partially anchored in rote learning […]

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