![World Bank forecasts robust growth for UAE and Saudi Arabia in 2025[1]](https://thearabianpost.com/wp-content/uploads/2024/11/World-Bank-forecasts-robust-growth-for-UAE-and-Saudi-Arabia-in-20251-151x118.jpg)
Arabian Post Staff -Dubai Saudi supply lines face deeper strain Attacks on Saudi energy facilities have knocked about 600,000 barrels per day from the kingdom’s oil production capacity and cut throughput on the East-West Pipeline by roughly 700,000 bpd, according to Saudi state media citing an Energy Ministry official, in a blow to the world’s top oil exporter at a time when its western pipeline route has […]
Arabian Post Staff -Dubai Jazan Municipality has put 28 development projects worth SR546 million into the Farasan Islands pipeline, combining completed works with schemes still under construction as authorities step up efforts to improve infrastructure, add hospitality capacity and expand housing across one of the Red Sea’s most distinctive island groups. The municipality said 19 projects valued at SR398 million have been completed, while nine more worth […]
Arabian Post Staff -Dubai Louvre Abu Dhabi has launched a digital teaching platform that links museum objects directly to school subjects, widening the role of art in classrooms beyond history and humanities and giving teachers a new route to use cultural material in everyday lessons. The Museum Curriculum Portal has been rolled out as part of a broader Abu Dhabi effort to connect cultural institutions more closely […]
Bitcoin Depot, one of the biggest operators in the crypto ATM business, has disclosed that hackers stole about 50.903 Bitcoin, valued at roughly $3.665 million, after gaining access to parts of its internal technology systems and taking control of credentials linked to its digital asset settlement accounts. The Atlanta-based company said the intrusion was discovered on March 23 and later judged material on April 6, before being […]
The U.S. State Department in April 2026 indicates that demand for passports is still at an all-time high, with Consular Affairs estimating an all-time high of 24.6 million passport applications. The sudden surge in applications surpasses a record 23,308,976 applications filed in 2025. Highlights of Changes The application volume for a U.S. passport in the State Department’s recent budget narrative is forecast at an unprecedented 24.6 million. […]
Arabian Post Staff -Dubai Abu Dhabi has issued 11 new hazardous materials guidelines in a move officials say makes the emirate the first jurisdiction to apply the 11th revised edition of the UN Globally Harmonized System of Classification and Labelling of Chemicals, or GHS. The framework, launched by the Abu Dhabi Hazardous Materials Management Centre in coordination with the Abu Dhabi Quality and Conformity Council, is […]
OpenAI is projecting a steep new revenue path built around advertising, with the ChatGPT maker expecting about $2.5 billion in ad revenue in 2026 and as much as $100 billion annually by 2030, according to a report by Axios citing investor presentation material. The same projections indicate ad sales could climb to $11 billion in 2027, $25 billion in 2028 and $53 billion in 2029, underscoring how […]
Ethereum hovered near the $2,000 mark on Thursday after a choppy stretch that left the world’s second-largest cryptocurrency caught between stronger long-term supply dynamics and a fresh wave of geopolitical and macroeconomic uncertainty. Ether was trading around $2,178 during the session, after moving within an intraday range of roughly $2,167 to $2,264, underscoring the tight consolidation that has kept traders focused on whether the token can build […]
Arabian Post Staff -Dubai Attacks tied to the widening confrontation with Iran could spill far beyond the battlefield and damage global health, food security and the environment, the UAE told an international summit in Lyon, urging governments and institutions to rally around a “One Health” strategy that treats human, animal and ecosystem health as inseparable. The intervention came at a high-level gathering hosted by France on 7 […]
Tokenised perpetual swaps tied to commodities and equities have surged into a new phase of growth, with weekly trading volume reaching about $31 billion as oil volatility and broader macro uncertainty pulled traders towards round-the-clock synthetic exposure. Oil contracts accounted for roughly $6.9 billion of that weekly turnover after geopolitical tensions rattled energy markets, while stock perpetual swaps climbed 908% to around $4.9 billion, underscoring how quickly […]
Embedded banking is moving financial services out of the bank branch and bank app and into the software people and companies already use, reshaping how accounts, cards, payments and credit are distributed across the economy. What began as an extension of embedded payments has matured into a broader model in which regulated banks provide the licensed infrastructure while technology platforms control the customer experience, a shift that […]
Arabian Post Staff -Dubai Saudi medical devices distributor ProMedEx has renewed an 84 million riyal Islamic financing package with Riyad Bank for one year, extending a facility the company says will be used to fund existing projects and back expansion plans as healthcare suppliers across the kingdom continue to seek working capital for inventory, imports and contract execution. The facility is equivalent to about $22.4 million. The […]
GitLab has issued a security update covering multiple vulnerabilities in its Community Edition and Enterprise Edition products, with the latest patch aimed at denial-of-service weaknesses and an Enterprise-only code injection issue that could expose users’ IP addresses through maliciously crafted Code Quality reports. The company said self-managed customers should upgrade immediately to versions 18.10.3, 18.9.5 or 18.8.9, while GitLab. com is already running the patched release and […]
Arabian Post Staff -Dubai Mubadala Capital has closed its biggest Brazil-focused investment vehicle at about $900 million, exceeding its original $750 million target in a sign that large overseas investors still see room for opportunistic deals in Latin America’s biggest economy despite a tougher global fundraising climate. The fund, Brazil Special Opportunities Fund III, was backed by a $250 million anchor commitment from Mubadala Capital, the investment […]
Arabian Post Staff -Dubai Abu Dhabi University said an associate professor and a former student have been granted a patent for an artificial-intelligence application designed to translate between sign language and spoken or written language in real time, marking a push by the institution into assistive technology with a clear accessibility focus. The university identified the inventors as Dr Modafar Ati, associate professor of computer science and […]
Arabian Post Staff -Dubai Dubai shares posted their strongest one-day rise in more than a decade on Wednesday after a two-week ceasefire between the United States and Iran eased fears over a wider regional conflict, soothed concern over energy shipping routes and triggered a broad relief rally across Gulf markets. Dubai’s benchmark index jumped as much as 8.5% intraday, while Abu Dhabi’s main market also recorded its […]
UBS and five other banks in Switzerland have joined Swiss Stablecoin AG to test potential uses for a Swiss franc stablecoin, marking one of the clearest signs yet that established lenders in the country want a bigger role in tokenised finance. The initiative, announced on Wednesday, creates a live sandbox rather than a full public launch, meaning the project remains in a controlled testing phase through 2026. […]
Arabian Post Staff -Dubai Physical crude prices for immediate delivery have surged to levels close to $150 a barrel for some grades, leaving paper benchmarks lagging and exposing the depth of the supply strain caused by the Hormuz crisis. European and Asian refiners have been forced to pay sharply higher premiums for cargoes that can be processed now, as the disruption to flows through the Strait of […]
Arabian Post Staff -Dubai Airlines and energy traders are bracing for a prolonged squeeze in aviation fuel supplies even after the Strait of Hormuz reopened under a two-week ceasefire arrangement announced by US President Donald Trump, with the head of the International Air Transport Association warning that disruption to jet fuel availability could take months to unwind. Oil prices dropped sharply below $100 a barrel after the […]
Arabian Post Staff -Dubai Sharjah authorities said on Tuesday that a ballistic missile fired from Iran hit an administrative building belonging to Thuraya Telecommunications Company in the emirate’s Central Region, wounding two Pakistani nationals and underlining how the wider regional conflict is reaching civilian and commercial sites in the UAE. Officials said both men suffered moderate injuries and were taken to hospital for treatment. State news agency […]
Sony Interactive Entertainment has entered an agreement to acquire Cinemersive Labs, a UK-based machine learning and computer vision company, in a move that signals a deeper push into AI-driven graphics, rendering and visual tools for PlayStation. Sony said the team will join its Visual Computing Group and help advance visual computing inside games, with work aimed at enhancing gameplay visuals, improving rendering techniques and raising visual fidelity […]
Arabian Post Staff -Dubai Apple’s long-rumoured foldable iPhone appears to remain in line for the company’s autumn product cycle alongside the iPhone 18 family, even as fresh reports have pointed to engineering hurdles that briefly stirred doubts over the timing of its debut. The shifting picture has left investors and supply-chain watchers weighing whether the device will be unveiled with the premium 2026 iPhones, shipped slightly later, […]
XRP climbed sharply alongside Bitcoin, but the advance has yet to settle the bigger question hanging over the token: whether this is the start of a durable reversal or another rally inside a broader weak trend. Market data over the past week showed Bitcoin regaining ground towards the $70,000 mark, while XRP posted gains of about 5% at one stage before slipping back, reflecting stronger risk appetite […]
Arabian Post Staff -Dubai BNW Developments, which describes itself as Ras Al Khaimah’s largest private developer, has entered Dubai’s off-plan market with Orvessa Residences by Michel Adam, a branded residential scheme in Al Furjan that marks the company’s latest push beyond its fast-growing base in the northern emirate. The move extends BNW’s branded-homes strategy at a time when Dubai continues to draw both end-users and investors […]
