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Arabian Post Staff -Dubai The Central Bank of the UAE has fined an unidentified foreign bank branch Dh200 million after examinations uncovered significant and repeated failures in anti-money laundering, governance, compliance and sanctions controls. The regulator announced the penalty on Friday, 30 October, alongside separate fines against two senior executives and an order requiring the foreign lender to undertake a mandatory programme to correct the deficiencies identified […]

Arabian Post Staff -Dubai Binance has estimated the impact of a security breach at $6.3 billion, potentially making it the largest cryptocurrency theft on record, while confirming that approximately $3 billion in affected assets has been frozen. The world’s largest cryptocurrency exchange said on Friday that its preliminary investigation pointed to a compromised laptop belonging to a DevOps engineer. The intrusion may have enabled an attacker to […]

Arabian Post Staff -Dubai Abu Dhabi Judicial Department (ADJD) has secured four awards at the 23rd International Business Awards 2026, including one gold and three silver distinctions, recognising its performance in judicial administration, institutional governance and public service innovation. The department received the Gold Stevie Award in the Large Legal Organisations category, alongside Silver Stevie Awards for Innovation in Public Administration and Governance, Operational Excellence, and Large […]

Russia’s central bank has registered the country’s first self-regulatory organisation for operators issuing digital financial assets, establishing a formal industry oversight structure as authorities expand supervision of cryptocurrency and digital rights markets. The Bank of Russia confirmed that the National Association of Securities Market Participants, known as NAUFOR, had been entered into its unified register of financial market self-regulatory organisations. The registration, announced on 8 October, applies […]

Arabian Post Staff -Dubai Nothing’s CMF Watch 3 Pro smartwatch is being offered for $59 in the United States, a $20 reduction from its $79 selling price, as retailers extend discounts across the device’s four colour options. The offer, equivalent to approximately 25% off the $79 reference price, has appeared on Amazon, with listings also identifying discounted units at Walmart and Nothing’s own store. Availability and delivery […]

Arabian Post Staff -Dubai Saudi Arabia and Türkiye have signed a memorandum of understanding to expand educational cooperation, covering student exchanges, teacher development, academic research and educational technology, following talks between their education ministers in Ankara. Saudi Minister of Education Yousef bin Abdullah Al-Benyan and Turkish Minister of National Education Yusuf Tekin signed the agreement on October 26 during Al-Benyan’s official two-day visit to Türkiye, which concluded […]

Arabian Post Staff -Dubai Dubai-based ENOC Group has extended its aviation technical services agreement with Indonesia’s PT Pertamina Patra Niaga for another three years, maintaining cooperation on aircraft refuelling safety, fuel quality and operational standards at Indonesian aviation facilities. The renewed agreement, announced on Tuesday, covers annual inspections, technical guidance, operational assistance and specialised training. It builds on a three-year arrangement established in 2023 and a commercial […]

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Arabian Post Staff -Dubai Global Islamic finance assets are projected to exceed $10.5 trillion by 2030, driven by expanding banking operations, record sukuk issuance and growing adoption across emerging markets, according to a new industry assessment. The 2026 Islamic Finance Development Report, released by London Stock Exchange Group (LSEG) and the Islamic Corporation for the Development of the Private Sector (ICD), estimates that industry assets reached $6.5 […]

Arabian Post Staff -Dubai Apollo Global Management has agreed to acquire a minority stake in Abu Dhabi-based Mubadala Capital, with the US investment group and other strategic investors expected to commit a combined $5 billion to its investment strategies. The agreement, announced on Monday, October 26, brings Apollo into the ownership structure of Mubadala Capital, the alternative asset management subsidiary of sovereign investor Mubadala Investment Company. The […]

Arabian Post Staff -Dubai Bahrain-based alternative investment manager Investcorp is joining Saudi investors in a consortium seeking a stake in a fire safety and equipment company, signalling continued private equity interest in the kingdom despite escalating Houthi attacks on strategic infrastructure. The proposed investment comes as Saudi Arabia faces mounting security pressures following attacks targeting energy facilities, airports and other installations. The transaction would provide an indication […]

Artificial intelligence and cryptocurrency are moving towards practical financial applications, but regulatory uncertainty, technological limitations and institutional infrastructure remain significant obstacles, industry executives and investment specialists told the CryptoAI Summit 2026 in New York. The conference, organised by blockchain news platform Bitpush, brought together representatives from banking, investment management, technology, academia and digital asset businesses to examine how artificial intelligence could reshape payments, trading and financial services. […]

Arabian Post Staff -Dubai Abu Dhabi-based M42 research subsidiary IROS and 10XREVIV have announced a clinical study to test whether personalised nutrition can improve health outcomes for patients taking GLP-1 medicines for weight management. The planned research will compare 10XREVIV’s precision nutrition system combined with standard medical care against standard care alone, examining whether additional nutritional support makes a measurable difference during treatment. Insights Research Organisation and […]

The Mosprom Export Support Center arranged a series of meetings between Moscow industrial companies and potential clients in Manama. The parties to the talks discussed joint projects in construction, IT and telecoms, as well as supplies of sweet goods to the local market. This was reported by Maksim Liksutov, Deputy Mayor of Moscow for Transport and Industry. “The capital is a confident leader among Russian regions in […]

Arabian Post Staff -Dubai Authorities in the United Arab Emirates have closed beaches across three northern emirates following an offshore tanker oil spill, as emergency teams intensify containment operations and assess pollution affecting coastal waters. The Ministry of Climate Change and Environment confirmed that its technical monitoring and environmental assessment system detected oil contamination reaching beaches in Umm Al Quwain. All beaches and coastal areas in the […]

By Emma McDermott ATT, Founder of Global Tax Consulting   Dubai’s lack of personal income tax is one of the main attractions for British professionals considering a move to the UAE. Combined with the employment opportunities, lifestyle and relative proximity to the UK, it is easy to understand why so many people are making the move. However, relocating to Dubai does not automatically mean that you stop […]

Arabian Post Staff -Dubai BlackRock has launched a robotics-focused exchange-traded fund, widening its artificial intelligence investment range as investors become more selective about exposure to the technology. The iShares Future Robotics and Related Technologies Active ETF began trading on NYSE Arca on Wednesday, 21 October, under the ticker RBTX. The fund seeks investments across businesses developing, supplying and deploying intelligent machines that automate physical tasks, including operations […]

Arabian Post Staff -Dubai A unit of Abu Dhabi Investment Authority has secured shares in Paras Healthcare’s Rs 14.5 billion initial public offering, placing the emirate’s sovereign wealth capital among the hospital operator’s institutional backers. The Gurugram-based company opened its public subscription on Wednesday, October 21, with bidding scheduled to close on Friday. Its anchor placement, completed on October 19, raised Rs 6.525 billion from domestic and […]

Artificial intelligence is becoming a bigger part of the smartphone experience, powering features such as real-time translation, photo editing, voice assistants, and text summarisation. Similar digital experiences, including those offered through platforms like GameZone casino, also rely on mobile devices that balance functionality with performance. However, delivering AI capabilities without significantly reducing battery life remains a technical challenge. Manufacturers are exploring specialised processors, smaller AI models, and […]

Healthcare reviews platform publishes first annual ranking of hospitals across the UAE as AI-driven patient search reshapes how people find care across the Gulf Doctify, the verified healthcare reviews and booking platform used by over ten million people each year, has published its first annual ranking of the top hospitals across the UAE as it marks six years of operations in the region. The rankings analyse hospitals […]

Arabian Post Staff -Dubai Abu Dhabi-based Burjeel Holdings has highlighted its mission-ready healthcare operations across national and international projects, reporting more than 1.17 million outpatient and inpatient visits as it showcases an integrated model for delivering medical services. The healthcare group is placing emergency preparedness, frontline medical response, deployable hospital infrastructure and specialised treatment at the centre of its participation in the Abu Dhabi Future Health Summit […]

Following the foundation’s Venice gala, the iSwiss Pay founder and his wife, creative director Simona Jakstaite, are expected in London for an evening featuring Rita Ora, with honours for Jeremy Irons and Philip Treacy. LONDON — Christopher Aleo, founder of iSwiss Pay, and his wife, creative director Simona Jakstaite, are expected to attend amfAR London 2026, continuing their support for the foundation’s fundraising initiatives following their participation […]

Arabian Post Staff -Dubai Kuwaiti-founded Tap Payments has climbed to 13th place in the 2026 Forbes Middle East Fintech 50, gaining 11 positions over two years and securing a third consecutive appearance on the regional ranking. The payments technology company rose from 18th position in 2025 and 24th in 2024, reflecting a sustained improvement in its standing among financial technology businesses operating across the Middle East and […]

Arabian Post Staff -Dubai President Donald Trump has waived sweeping sanctions and tariffs targeting Russia and major buyers of its energy, suspending measures due to take effect on Sunday as his administration seeks to contain soaring diesel prices. An executive order signed on Friday invokes the national interest exemption in the Lindsey O. Graham Sanctioning Russia and Iran Act of 2026, legislation Trump signed on 18 September […]

Arabian Post Staff -Dubai Dubai’s Government Media Office has opened discussions with Shenzhen News Group on expanding media cooperation, strengthening institutional links and increasing coverage of the emirate across Chinese news platforms. The meeting took place in Shenzhen during the Dubai Business Forum – China, organised by Dubai Chambers, bringing together representatives of both organisations to examine opportunities for content development, professional exchanges and collaboration in digital […]

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