Drift, one of Solana’s larger decentralised finance trading platforms, said it was facing an “active attack” on April 1 and moved to suspend deposits and withdrawals as hundreds of millions of dollars appeared to leave the protocol, deepening concern over operational security risks in crypto markets. The platform told users not to deposit funds and said it was working with security firms, bridges and exchanges to contain […]
Arabian Post Staff -Dubai ADNOC Drilling shareholders have approved a final 2025 dividend of $250 million, taking the company’s total payout for the year to $1 billion and cementing a more ambitious cash-return policy that promises at least 5% annual dividend growth from 2026 through at least 2030. The approval, secured at the company’s annual general meeting, marks an important step for one of Abu Dhabi’s most […]
Malta has sharpened its fight with Brussels over plans to tighten European Union oversight of crypto companies, arguing that a heavier centralised regime would drive firms towards the United States, the UAE and parts of Asia instead of keeping them inside the bloc. The warning marks the latest escalation in a widening dispute over how the EU should police digital-asset businesses under its new Markets in Crypto-Assets […]
Arabian Post Staff -Dubai Serhii Zakharov, founder and chief executive of PayDo, has been honoured at FinTech Week Dubai 2026 with the Excellence in Financial Leadership Award in the Digital Payments Innovation category, adding a personal accolade to a year in which the London-based payments firm has been expanding its regulatory footprint and product stack. Event-linked coverage and company-linked posts place the award at FinTech Week Dubai, […]
Ripple’s partnership with Convera has pushed the crypto company further into mainstream cross-border finance, linking its blockchain infrastructure with a commercial payments group that serves businesses across more than 140 currencies and 200-plus countries and territories. Announced on March 31, the deal is designed to let corporate customers move money across borders more quickly by using stablecoins as settlement rails while keeping the customer-facing transaction anchored in […]
Bhutan has moved another 374.9 bitcoin, valued at about $25.2 million, out of wallets linked to the Royal Government, extending a wave of transactions that has sharply reduced one of the world’s most closely watched sovereign crypto holdings. Blockchain data tracked by Arkham and cited by multiple market outlets showed the transfer took place on March 31, with the coins routed to an external address beginning with […]
Arabian Post Staff -Dubai Commercial movement through the Strait of Hormuz is showing only the faintest signs of life, with a handful of vessels crossing under tightly controlled conditions as Iran continues to hold effective power over who may pass and when. Tracking data compiled by Bloomberg showed average weekly two-way transits rising to seven vessels through Monday from five a week earlier, a small increase that […]
Arabian Post Staff -Dubai Google’s next flagship appears set for a lighter visual polish rather than a dramatic rethink, if the latest Pixel 11 leaks hold up. CAD-based renders circulating this week suggest slimmer bezels, a reworked rear camera bar and a Tensor G6 processor, but they also indicate that the core look of the handset will remain close to the Pixel 10 and Pixel 9 line […]
Arabian Post Staff -Dubai Emirates NBD Group has closed $2.25 billion in long-term financing, in a deal that ranks among the largest syndicated borrowings in the Gulf and underscores the lender’s ability to attract offshore funding even as markets navigate geopolitical tension and higher funding costs. The package comprises a $1.75 billion five-year sustainability-linked syndicated term loan and a $500 million five-year club commodity murabaha facility. […]
Arabian Post Staff -Dubai Sharjah Islamic Bank is pressing ahead with a rights issue worth up to AED2.59 billion, or about $705 million, in a move designed to reinforce its capital base, fund balance-sheet expansion and preserve financial flexibility as the lender pushes for further growth. The bank said the offer will raise issued capital from about AED3.24 billion to as much as AED4.31 billion through the […]
Arabian Post Staff -Dubai Dubai authorities were battling a fire aboard a Kuwaiti oil tanker on Tuesday after a drone struck the vessel in waters near Anchorage “E”, with officials saying no injuries had been reported and emergency teams were working under established maritime safety protocols. The incident unfolded off Dubai’s coast as maritime firefighting units moved to secure the tanker, contain the blaze and prevent any […]
Arabian Post Staff -Dubai Nabil Fahmy is set to become the next secretary-general of the Arab League after Arab foreign ministers unanimously backed Egypt’s nominee in a virtual meeting on 29 March, clearing the way for the veteran diplomat to take over in July when Ahmed Aboul Gheit’s second term ends. The ministers’ decision still requires formal endorsement at the next Arab summit in Saudi Arabia, but […]
Arabian Post Staff -Dubai Motorists in the UAE are likely to pay more for petrol and diesel in April after the Iran war sent crude prices sharply higher and intensified disruption across the Gulf’s main energy and shipping routes, raising the cost base that feeds into the country’s monthly fuel-price adjustment. April rates were due to be announced on March 31, and local pricing remains tied […]
Arabian Post Staff -Dubai Telda has moved beyond payments and cards to add stock and fund investing to its app, opening a new front in Egypt’s fast-growing race to attract first-time retail investors. The Cairo-based fintech said on Sunday that users can now buy and sell shares on the Egyptian Exchange and subscribe to investment funds from within the same platform, without relying on a traditional broker […]
U. S. spot Bitcoin exchange-traded funds recorded their heaviest one-day net withdrawals in three weeks on Thursday, with investors pulling about $171.2 million as Bitcoin slid below the $70,000 mark and broader market nerves rose over the risk of a fresh flare-up in the conflict involving the United States, Israel and Iran. The outflow, based on market data compiled by SoSoValue and widely tracked across the crypto […]
Ethereum has drawn renewed market attention after a sharp jump in large-holder transactions coincided with a formal push by developers to harden the network against future quantum-computing risks. Data circulated by analyst Ali Martinez showed whale transactions rising from 123 on 21 March to 2,055 on 24 March, a move that put the token back at the centre of debate over whether big holders are accumulating, rotating […]
Arabian Post Staff -Dubai Exeed has opened a new showroom in Jeddah through Arabian Heritage Motors, part of Al Ghurair Mobility, extending the premium vehicle brand’s physical presence in Saudi Arabia as competition intensifies among Chinese carmakers across the Gulf. The Jeddah launch was disclosed by Al Ghurair in a corporate post and comes after Exeed appointed Al Ghurair as its exclusive distributor in the Kingdom in […]
Arabian Post Staff -Dubai US and Israeli strikes on Iranian nuclear-linked and industrial sites on Friday widened the Middle East war and triggered a fresh market sell-off, as Tehran answered with attacks across the Gulf and on regional targets, stoking fears that a longer conflict could deepen the hit to growth, trade and energy supplies. Oil climbed sharply, Wall Street fell again and investors moved into traditional […]
Arabian Post Staff -Dubai Mubadala Investment Company has agreed to sell its minority stake in liquid cooling specialist CoolIT Systems to Ecolab, in a transaction led by private equity firm KKR and valued at $4.75bn, marking a significant reshaping of ownership in a sector gaining momentum alongside artificial intelligence and data centre expansion. The Abu Dhabi sovereign investor confirmed that it had signed a definitive agreement, signalling […]
Arabian Post Staff -Dubai Travellers across the United Arab Emirates are being advised to plan journeys with caution as unstable weather conditions threaten to disrupt flight operations over the coming days, prompting major carriers to issue passenger advisories. Airlines including Emirates, Air Arabia and flydubai have urged customers to check flight statuses before departure and allow additional time at airports, citing the likelihood of delays and schedule […]
Arabian Post Staff -Dubai Repair and restoration costs for damaged Gulf energy infrastructure are projected to reach at least $25 billion, with further increases likely as the scale of disruption becomes clearer, according to new industry assessments that underline the financial and operational strain on one of the world’s most critical energy hubs. The estimate, compiled by Rystad Energy, highlights a complex recovery process driven largely by […]
Arabian Post Staff -Dubai Daeson Technologies has launched an artificial intelligence-powered compliance co-pilot designed to assist Islamic financial institutions in aligning operations with Shariah principles, signalling a growing push to embed automation within governance frameworks across Gulf banking. The system, branded as a Shariah AI Compliance Co-Pilot, aims to support banks and financial entities in navigating complex religious and regulatory requirements by analysing transactions, contracts and product […]
A surge in cryptocurrency fraud is being fuelled by coordinated social media campaigns that weaponise geopolitical tensions and political uncertainty, according to blockchain investigator ZachXBT, who has identified networks of accounts spreading misleading narratives to lure victims. The analyst has reported that clusters of accounts on X, formerly Twitter, are amplifying alarmist posts tied to conflicts and elections, using emotionally charged messaging to drive engagement. These posts […]
Arabian Post Staff -Dubai Dubai’s healthcare ecosystem is set for a strategic boost after Dubai Health and Dubai Future District Fund formalised a partnership aimed at building a global health technology launchpad, underscoring the emirate’s ambition to position itself at the forefront of digital medicine and biotech innovation. The agreement, structured as a memorandum of understanding, outlines a framework to accelerate investment, innovation and talent development in […]
