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Arabian Post Staff Dubai Airport Free Zone Authority (DAFZA) announced the signing of a memorandum of understanding with the Israeli Federation Israeli Chambers of Commerce (FICC) to define frameworks for bilateral cooperation between the two sides in the field of encouraging and supporting Israeli companies to establish their businesses and take advantage of commercial and investment opportunities and incentives. They were presented by the Dubai Airport Free […]

Arabian Post Staff Abu Dhabi’s sovereign investment company Mubadala and Barings, one of the world’s leading financial services firms, announced the formation of Barings Mubadala Enterprise (BME) – an evergreen origination platform seeking to provide financing solutions to European middle-market businesses. BME and its capital partners aim to provide $3.5 billion in financing over the next 18 months to help meet growing corporate demand for flexible capital solutions in Europe. […]

In business, sometimes you need to raise cash fast. Perhaps you have just received a big order from an important client but you don’t have enough money to fulfill it. You can’t afford to disappoint the client. Or payday is around the corner and your business doesn’t have enough money to pay its employees. You can’t afford to delay their wages. Regardless of the situation, you have […]

Arabian Post Staff DP World and Bank Leumi, Israel’s oldest banking corporation and one of the leading institutions in the region, have signed a Memorandum of Understanding (MOU) to work together to enhance trade and logistics in Israel and promote the flow of trade between Israel and the wider region. The MOU includes a framework for collaboration which will enable the parties to explore potential opportunities including […]

RIYADH: Saudi Arabia said Friday it was donating $100 million to the World Health Organization (WHO) and toward a number of projects in support of a United Nations response plan to combat the
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RIYADH: The Arab coalition intercepted and destroyed an armed Houthi drone targeting the Saudi city of Khamis Mushayt on Thursday afternoon. The Houthis launched the drone at civilian targets but it

RIYADH: The Kingdom’s ports recorded a 12 percent increase in container handling operations during August as compared to the same period in 2019, according to data released by the Saudi Ports

RIYADH: The Sports for All Federation (SFA) is calling on people across Saudi Arabia to commit to wellness in the Kingdom by striding forward in unison. To mark Saudi National Day on Sept. 23, the

The China-Netherlands-U.S.-South Korea airfreight charter is developed with the demands of the life science and healthcare sector in mind The Covid-19 pandemic saw shippers leverage DHL Global Forwarding’s cold chain capabilities in life science and healthcare to transport test kits and pharmaceutical products SINGAPORE – Media OutReach – 15 September 2020 – DHL Global Forwarding, the freight forwarding specialist of Deutsche Post DHL Group, has launched an air freight charter […]

RIYADH: Saudi Arabia’s King Salman made a phone call on Wednesday to German Chancellor Angela Merkel, the Saudi Press Agency said in a statement. During the call, they discussed unified efforts

Arabian Post Staff DP World and Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, have announced the expansion of their ports and terminals investment through a new commitment of US$4.5 billion (CA$6 billion), that will increase the total size of the platform to US$8.2 billion (CA$ 10.6 billion). DP World holds 55% share of the platform, and CDPQ the remaining 45%. Since its […]

DUBAI: The king of Bahrain told White House adviser Jared Kushner on Tuesday that stability in the Gulf region relies on Saudi Arabia “in all situations,” state news agency BNA said. Kushner is

Arabian Post Staff The Dubai Gold and Commodities Exchange (DGCX) saw a spike in trading of its precious metals portfolio in August, as investors and market participants turned towards safe-haven assets amidst continuing global economic uncertainty and a weakening US dollar. Last month, the DGCX saw its flagship Gold Futures product record year-to-date (YTD) volume growth of 47.64% compared to the same period last year, whilst its […]

Arabian Post Staff UAE Minister of State for Food and Water Security Mariam Al Mheiri and Israel’s Minister of Agriculture and Rural Development Alon Schuster discussed the  great opportunities that lay ahead for both countries as a result of the Peace Accord. This discussion solidifies UAE efforts in supporting the principles of Peace, Tolerance and Fraternity in the MENA region. The two ministers pledged to collaborate on […]

Millions of people all over the country work exclusively on a computer. In fact, there are over 4 million information technology workers alone! These days, you don’t even have to work in the technology field to work on the computer. Computers are used for everything from productivity to entertainment, which is both a positive and a negative. Because you likely use your computer for both work and […]

An Expo 2020 Dubai chief praised the “indomitable spirit” of the event’s international community and vowed the UAE would deliver a world class spectacle next year. Reem Al Hashimy, Minister of State for International Co-operation and director general of Expo 2020 Dubai Bureau, admitted the Covid-19 pandemic had tested the relationships of countries across the globe. But she said the first ever hosting of the Expo in […]

Over the years the Arab states of the Persian Gulf have proven to be countries filled with opportunities. With thriving economies from their oil and gas production, Bahrain, Oman, and Kuwait have all become countries that provide significant opportunities for employees, whether they are locals or ex-pats. But how do these countries compare when it comes to employee rights? The following will highlight employment rights and benefits […]

With day to day increasing Bitcoin value, more people tend to buy and invest in Bitcoins. In the US, Canada and other countries buying and selling Bitcoins are very famous and an easy process also. Initially, it was a big task in India, but later India also started to buy Bitcoin due to its profitable nature. This article discusses what a Bitcoin is, how to buy in […]

RIYADH: The Arab coalition said on Thursday it intercepted and downed a drone fired from Yemen toward Saudi Arabia, according to Saudi Press Agency. More to follow…

ALULA: A photography competition to capture the historic and natural wonders of AlUla has been launched exclusively for budding Saudi snappers residing in the area. The Royal Commission for AlUla

Indian cricket team coach Ravi Shastri is “happy” that the UAE will host this season’s Indian Premier League (IPL) “because they did a great job last time around”. “I feel it’s going to be a runaway success, Covid-19 or no Covid-19,” Shastri said during a virtual session on Tuesday that saw the UAE and India agreeing to explore new areas of cooperation, especially in the fields of […]

COUNTRY LATEST UPDATES Saudi Arabia                Covid-19 pandemic latest: Total confirmed cases: 301,323 Recoveries: 272,911 Deaths: 3,470 Actions to slow the spread of Covid-19: 3 August: Pilgrims returning from Hajj must quarantine for 14 days and will be monitored using electronic bands to ensure compliance.  28 July: Health Ministry to assign a health leader for every 50 pilgrims at this year’s scaled-back […]

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