Arabian Post Staff -Dubai AirAsia X has raised ticket prices by between 31% and 40% and lifted fuel surcharges by as much as 20% after jet fuel costs surged following the Iran war, according to Group Chief Executive Officer Bo Lingam, underscoring how quickly conflict in the Middle East is feeding into Asian aviation costs and passenger fares. The Malaysia-based low-cost carrier said average jet fuel prices […]
Arabian Post Staff -Dubai ADNOC Gas said its domestic supply chain remains intact after damage at part of the Habshan complex on April 3, with gas demand inside the UAE being met through other facilities and no disruption to customer supply. The company told the Abu Dhabi Securities Exchange that the affected area had been isolated and that a full assessment of damage to the Habshan train […]
Arabian Post Staff -Dubai Alramz Real Estate has moved to deepen its presence in Saudi Arabia’s housing market after signing an agreement with Oud Capital to establish a Shariah-compliant real estate investment fund worth about SAR650 million to develop a 900-unit residential community in Jeddah, in a deal that underlines how listed developers are using capital-market structures to expand amid sustained demand for urban housing. The […]
Anthropic’s acquisition of Seattle startup Vercept, little more than a year after the company emerged from stealth, has become one of the clearest signs yet that the contest for elite artificial intelligence talent is reshaping the sector as quickly as the technology itself. The deal folds Vercept’s team and technology into Anthropic’s push to make Claude better at “computer use”, the industry term for AI systems that […]
Solana’s effort to prepare for a future quantum-computing threat is exposing a basic tension for high-speed blockchains: the safer the signature system becomes, the heavier and slower it is likely to be. That trade-off has moved into sharper focus as Bitcoin developers debate draft quantum-safe address proposals, Ethereum’s post-quantum team lays out a multi-year migration plan, and new research from Google and outside experts brings forward the […]
Kalshi’s push to keep offering sports-linked prediction contracts in Nevada suffered another setback on 3 April, when Carson City District Court Judge Jason Woodbury said he would grant a preliminary injunction preventing the New York-based platform from operating in the state without a gaming licence. The judge said the contracts were effectively no different from conventional sports betting, extending an earlier temporary restraining order through 17 April […]
Artificial intelligence is lowering the cost of cyberattacks across the digital-asset industry and forcing crypto firms to rethink how they protect users, wallets and transaction systems, according to Ledger chief technology officer Charles Guillemet, whose warning lands as the sector grapples with a fresh cycle of major breaches and more sophisticated fraud. Guillemet said AI is making hacks “cheaper and faster”, amplifying a security problem that has […]
Arabian Post Staff -Dubai du and Ericsson have completed a 5G standalone proof of concept in the UAE that they say could widen the reach of fixed wireless access for households, using millimetre wave technology to deliver faster home broadband over a broader area than is typically associated with high-band spectrum. The companies said the trial was carried out in residential areas and is intended to support […]
Ether traded just above the $2,000 mark on Sunday, holding a level that traders have treated as a key psychological floor, while BitMine Immersion Technologies’ continued accumulation of the token added to a broader argument that institutional buyers still see value in the market after a bruising first quarter. The second-largest cryptocurrency by market value was priced at about $2,055 in Sunday trading, little changed on the […]
Ethereum’s main non-profit steward has moved sharply deeper into staking, depositing 45,034 ether worth about $93 million in a single day and taking its cumulative staked holdings to roughly 67,500 ETH, or about $143 million at current prices. The move leaves the Ethereum Foundation just short of the 70,000 ETH level it set out in February as part of a broader treasury strategy intended to generate on-chain […]
Arabian Post Staff -Dubai CASIO has introduced the G-SHOCK GMA-P2126W in the UAE, extending its analogue-digital range with a women-focused model that ties compact proportions and rugged performance to an International Women’s Day campaign centred on confidence, independence and everyday resilience. The launch, handled by CASIO Middle East and Africa, brings to the local market a watch that leans on the familiar 2100-series octagonal design while shifting […]
Arabian Post Staff -Dubai Iran’s downing of a US F-15E Strike Eagle and the loss of another American combat aircraft in the Gulf theatre have pushed Washington’s war with Tehran into a more dangerous phase, exposing the risks of a campaign that has already rattled oil markets and widened instability across the Middle East. US officials said one member of the F-15E crew was rescued while another […]
Arabian Post Staff -Dubai Dubai has rolled out a Dhs1 billion economic incentives package aimed at easing pressure on businesses and households, with the measures taking effect from April 1 for a period of three to six months as the emirate seeks to cushion the fallout from regional instability and protect economic momentum. The package, approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum in his […]
Robinhood chief executive Vlad Tenev has sharpened his argument for a radical overhaul of market structure, saying the practice of shutting exchanges at the end of each trading day is a “legacy design choice” and that tokenisation could help create a financial system that works more like the internet. The remarks land as Robinhood expands beyond its retail-broker roots and as major market operators push blockchain-based versions […]
Arabian Post Staff -Dubai UAE equities ended Friday on a divided note as investors weighed the prospect of a wider Middle East conflict after U. S. President Donald Trump signalled that Washington could intensify attacks on Iranian infrastructure, a message that added to concern over energy supplies, shipping routes and regional risk appetite. Dubai’s main index fell, while Abu Dhabi’s benchmark edged higher, reflecting a market torn […]
Arabian Post Staff -Dubai Patients in the UAE are set to gain access from May to a new once-daily obesity treatment in tablet form after the Emirates Drug Establishment approved Eli Lilly’s Foundayo, known chemically as orforglipron, marking what officials described as the second national registration for the medicine and widening treatment choices beyond injections. The decision places the UAE among the earliest markets to back a […]
Arabian Post Staff -Dubai A three-way alliance between the International Monetary Fund, the World Bank Group and the International Energy Agency has opened a new front in the battle against the widening energy and economic turmoil linked to the war in the Middle East, with the institutions agreeing to form a coordination group to help governments manage price shocks, funding strains and supply disruptions. The move, announced […]
Arabian Post Staff -Dubai du Pay and GCash have moved to tighten the UAE-Philippines remittance corridor with a partnership aimed at giving Filipinos in the Emirates faster transfers, broader digital utility and fresh promotional offers in one of the region’s most active migrant payment markets. The tie-up, announced on April 2, is designed to let money sent through du Pay land in GCash wallets within minutes, […]
Arabian Post Staff -Dubai Dubai lender Emirates NBD has won approval from the Reserve Bank of India to acquire up to 74 per cent of Mumbai-based RBL Bank, a decision that moves one of the largest cross-border banking deals in the country closer to completion and could reshape the private lender’s ownership, governance and market position. The approval, disclosed on April 2, allows Emirates NBD to […]
Arabian Post Staff -Dubai Majid Al Futtaim has launched Ma’an, a new initiative with Dubai SME that opens parts of its retail, leisure and digital network to homegrown businesses across the UAE, giving selected small enterprises free access to high-footfall venues including Mall of the Emirates, THAT Concept Store, VOX Cinemas, Carrefour and the group’s SHARE loyalty ecosystem. The programme was announced on 1-2 April and positions […]
Arabian Post’s website was dealing with disruption on Thursday after website security provider Sucuri disclosed an unresolved incident affecting its Paris region and said it was mitigating the impact of a distributed denial-of-service attack, a form of assault designed to overwhelm servers with traffic and degrade access for readers. On its public status page, Sucuri first marked the incident as “Investigating” at 08:19 UTC on 2 April, […]
Arabian Post Staff -Dubai Dubai’s off-plan apartment market has continued to draw buyers despite geopolitical turbulence, with sales in March reaching AED 17.5 billion, or about $4.8 billion, and transaction volumes climbing to 7,983 deals, according to an analysis of Dubai Land Department data. The figures suggest that investor appetite in the emirate’s residential market has so far remained intact even as regional conflict has unsettled broader […]
Arabian Post Staff -Dubai Oil prices leapt on Thursday after President Donald Trump said the United States would keep striking Iran for at least the next two to three weeks, dashing hopes that Washington was preparing to scale back military action and easing concerns in energy markets only briefly. Brent crude rose above $108 a barrel and West Texas Intermediate climbed past $106 in early trade, reversing […]
Arabian Post Staff -Dubai The United Arab Emirates, led by Deputy Prime Minister and Minister of Interior Lieutenant General Sheikh Saif bin Zayed Al Nahyan, took part in the 43rd session of the Council of Arab Interior Ministers on 1 April, with the meeting held by videoconference and attended by interior ministers and senior security officials from across the Arab world. The session brought together representatives of […]
