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 […]
Arabian Post Staff -Dubai Mounting economic damage from the Middle East war is set to push inflation higher and global growth lower, IMF managing director Kristalina Georgieva has warned, as the fund prepares to cut its growth outlook and raise its inflation projections in its World Economic Outlook due on April 14. The warning comes as the conflict has triggered what the International Energy Agency has […]
Arabian Post Staff -Dubai Jazeera Airways has postponed a decision on its cash dividend for 2025, saying the move reflects caution rather than financial weakness as the Kuwait-based low-cost carrier responds to mounting regional disruption. In a board decision disclosed on 6 April, the airline said it had amended its recommendation to shareholders and would instead revisit the payout after first-quarter 2026 results, with the annual general […]
Arabian Post Staff -Dubai Dubai Precast has secured a contract to deliver a full precast building system for a residential scheme in Meydan, adding another marker to the steady use of factory-made concrete components in Dubai’s fast-moving housing market. The award covers the design, supply, delivery and installation of 93 G+2 townhouses and two villas, with completion of installation targeted for the fourth quarter of 2026. The […]
Dubai, UAE — At the forefront of Middle East’ innovative medical community is the name of talented surgeon Dr. Vardan Khachatrian, a visionary specialist and celebrity doctor, whose methods are increasingly shaping expectations across high-end patient segments not only in MENA region, but globally. Industry observers note a growing demand for natural, long-lasting results with minimal visible intervention, particularly among international patients travelling to Dubai for advanced […]
Tokenisation of financial assets could pull some of the crypto market’s most destabilising traits into mainstream finance, the International Monetary Fund has warned, saying the same technology that promises faster settlement and lower costs may also magnify volatility, fragment liquidity and leave regulators with less time to respond in a crisis. The IMF set out the warning in an April note by Tobias Adrian, its financial counsellor, […]
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 […]
