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Arabian Post Staff -Dubai CycloTech is advancing an unconventional air-taxi concept that replaces exposed horizontal propellers with barrel-shaped CycloRotors capable of directing thrust through 360 degrees. The four-seat design, configured for a pilot and three passengers, has been projected to travel about 85 kilometres, remain airborne for 40 minutes and cruise at 150 kilometres per hour. Those figures remain development targets rather than certified performance data from […]

Hackers exploited Wanchain’s bridge connecting Cardano and BNB Chain, draining about 515 million NIGHT tokens valued at roughly $9 million and forcing the affected cross-chain route to suspend operations. The attack targeted infrastructure operated by Wanchain rather than the Cardano or Midnight blockchains. Midnight Foundation said its network, validators and consensus system remained secure, seeking to contain concern that the breach had compromised the underlying privacy-focused protocol. […]

Three cryptocurrency protocols linked to Bitcoin and Ethereum lost more than $35 million in a series of attacks within about six hours, exposing persistent weaknesses in cross-chain bridges, administrative controls and contract validation systems. The largest loss was recorded by AFX Trade, a perpetual futures platform operating through an independently managed bridge on Arbitrum. Attackers removed about $24.15 million in USDC before transferring the assets from Arbitrum […]

Arabian Post Staff -Dubai Saudi Arabia’s Air Connectivity Program has signed an agreement with premium leisure airline beOnd to explore direct flights between Red Sea International Airport and six major European cities. The proposed all-premium services would connect the Red Sea tourism destination with London, Paris, Moscow, Milan, Munich and Zurich. The memorandum of understanding was signed during Saudi Arabia’s participation in the Farnborough International Airshow 2026, […]

Arabian Post Staff -Dubai Ras Al Khaimah Economic Zone has partnered with Fazaa to give eligible employees of registered companies access to membership benefits, discounts and services across the UAE. The agreement allows qualifying workers to subscribe through RAKEZ to Fazaa’s Silver, Gold and Platinum membership tiers. Benefits are available across healthcare, restaurants, retail, automotive services, beauty and wellness, furniture, property services and car rentals. RAKEZ will […]

Arabian Post Staff -Dubai DP World has agreed to develop and operate two new terminals in Fujairah under a 50-year concession, expanding the UAE’s cargo-handling capacity and creating a deep-water gateway with direct access to the Gulf of Oman. The agreement in principle with Fujairah Ports Authority covers the Al Rugaylat container and multi-purpose terminal and the Dibba General Cargo terminal. The projects will be developed in […]

The XRP Ledger has processed more than one million transactions initiated by artificial intelligence agents, highlighting the rapid emergence of machine-controlled payments across blockchain networks. The milestone was disclosed as developers expand systems that allow autonomous software to purchase data, computing capacity and other digital services without requiring a person to approve every payment. Ayo Akinyele, head of engineering at RippleX, expects activity to accelerate sharply, potentially […]

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Arabian Post Staff -Dubai The UAE has outlined the eligibility and application requirements for its five-year multiple-entry tourist visa, offering frequent travellers a longer-term alternative to standard short-stay permits. The visa is open to applicants of all nationalities who meet the financial, documentation and travel conditions. It does not require sponsorship by a UAE resident, company, hotel or tourism agency, allowing travellers to apply directly through official […]

Arabian Post Staff -Dubai A Dubai-based digital marketplace is expanding direct hiring of models, actors, influencers and entertainers, giving businesses a faster route to creative professionals for advertising campaigns, productions and events. GulfGotTalents allows brands, advertising agencies, production houses, casting directors and event organisers to search verified profiles using criteria including location, profession, language, age and experience. Employers can post assignments, receive applications and communicate directly with […]

Arabian Post Staff -Dubai Embraer and Mubadala Investment Company have signed an agreement aimed at expanding aerospace manufacturing, services and technological capabilities in the UAE, strengthening the country’s role in the aircraft maker’s global supply and support network. The agreement establishes a framework for the two companies to assess industrial projects that could increase the amount of Embraer-related work carried out in the UAE and across the […]

Arabian Post Staff -Dubai Sharjah Taxi has completed one million trips booked through the Yango app, marking a significant expansion of digital taxi use in the emirate since the service was launched in February 2025. The milestone reflects rising passenger demand for app-based access to regulated city taxis, combining digital booking, journey tracking and electronic payment options with Sharjah’s established public transport network. The platform allows customers […]

Arabian Post Staff -Dubai Dubai Police has launched a Young Journalist course to equip school students with journalism skills, media awareness and a stronger understanding of responsible communication. The course forms part of the Dubai Police Summer Student Programme 2026, which is bringing together about 1,400 pupils from 130 public and private schools. Participants represent 31 nationalities, reflecting the broad social mix of Dubai’s student population. The […]

Arabian Post Staff -Dubai ExxonMobil has signed on as a Gold Sponsor of Angola Oil & Gas 2026, strengthening its position in the country as Luanda seeks billions of dollars in investment to sustain crude production and revive exploration. The conference will be held in Luanda on 9 and 10 September, bringing together energy companies, investors, financiers, service providers and policymakers. Angola is promoting an upstream investment […]

Arabian Post Staff -Dubai Dubai Future District Fund has expanded its portfolio to 30 investments, confirming that the future is now sufficiently diversified to survive several pitch decks, two market corrections and at least one founder describing an ordinary payment service as “transformational infrastructure”. The fund made eight new investment commitments during 2025, including five venture capital funds and three high-growth companies. Its portfolio now consists of […]

Arabian Post Staff -Dubai Abu Dhabi is emerging as a leading long-term residential investment market as economic diversification, controlled development and stronger international capital flows reshape demand across the emirate. BlackBrick, a UAE real estate advisory firm, said the capital offered investors a combination of government-backed planning, limited prime supply and expanding employment sectors. Its assessment reflects growing interest in Abu Dhabi among overseas buyers seeking stability, […]

Arabian Post Staff -Dubai Iran launched missile and drone attacks on US military facilities across the Gulf on Friday after American forces completed a sixth consecutive night of strikes on Iranian military infrastructure, deepening a cycle of retaliation that has disrupted regional shipping and unsettled energy markets. Tehran said its forces targeted US facilities in Bahrain and Kuwait during the early hours of Friday. Iran’s Revolutionary Guards […]

BlackRock’s spot Bitcoin exchange-traded fund held about 733,500 tokens valued at more than $47.5 billion on July 15, cementing its position as the dominant regulated Bitcoin investment product in the United States. The latest official portfolio data differs slightly from a widely circulated social media claim that the iShares Bitcoin Trust held 734,762 Bitcoin worth $47.1 billion. Holdings change each trading day as authorised participants create or […]

Arabian Post Staff -Dubai Dubai is assessing the feasibility of converting organic waste into sustainable aviation fuel, extending the emirate’s clean-energy ambitions to one of the world’s most difficult sectors to decarbonise. The proposal was examined at the 95th meeting of the Dubai Supreme Council of Energy, chaired by Sheikh Ahmed bin Saeed Al Maktoum. Council members reviewed how locally available waste could provide feedstock for lower-carbon […]

Revolut has secured in-principle approval from Dubai’s Virtual Assets Regulatory Authority to offer cryptocurrency services in the UAE, advancing the financial technology group’s plan to build a regulated digital finance platform in the country. The proposed Virtual Assets Service Provider licence would permit Revolut to provide broker-dealer, management and investment, and exchange services. Full operations will remain subject to the company meeting VARA’s conditions and obtaining final […]

Arabian Post Staff -Dubai Gemcorp Capital has completed a $20 million Shariah-compliant structured financing in Saudi Arabia, marking the emerging-markets asset manager’s first direct lending transaction in the kingdom. The financing has been extended to SILQ, a Saudi financial technology platform that provides procurement, payment and funding services to small and medium-sized enterprises. The transaction gives Gemcorp an initial foothold in a market where growing companies often […]

Arabian Post Staff -Dubai ADNOC Logistics and Services has ordered four next-generation liquefied natural gas carriers for about $900 million, expanding its shipping capacity as Abu Dhabi seeks a larger role in global gas supply and trading. The vessels, each capable of carrying 175,000 cubic metres of LNG, will be built at Jiangnan Shipyard in Shanghai and delivered in 2029. The contract raises the company’s LNG newbuild […]

Arabian Post Staff -Dubai Abu Dhabi-based technology group e& has agreed to sell its entire 16.21% holding in Vodafone Group to an investment vehicle controlled by French telecommunications entrepreneur Xavier Niel’s family for about AED21.8 billion. The transaction covers 3,944,743,685 Vodafone ordinary shares, representing 17.13% of the company’s voting rights. Vega, the Niel family’s acquisition vehicle, will pay about 110.5 pence in cash for each share. E& […]

Arabian Post Staff -Dubai Emrill has opened a central warehouse in Dubai’s Ras Al Khor district, consolidating materials storage and distribution to improve response times across its facilities management contracts in the UAE. The strategically located facility is expected to cut travel time across the company’s Dubai operations by as much as 12 minutes per journey on average. Emrill said the reduction would accelerate deliveries to client […]

Arabian Post Staff -Dubai Ajman Bank has opened a corporate office on Sheikh Zayed Road in Dubai, strengthening its capacity to serve companies, institutions, business owners and wealth-management clients across the UAE’s largest commercial centre. The 7,565-square-foot office has been designed as a specialised hub for corporate, business and wealth banking. It combines private meeting areas with digital screens, advanced audiovisual systems and smart technology intended to […]

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