Arabian Post Staff -Dubai Oil prices rose on Monday as renewed US-Iran military exchanges unsettled traders and slowed energy traffic through the Strait of Hormuz, reviving concerns that a fragile pause in hostilities may not hold long enough to restore normal crude flows. Brent crude futures climbed 58 cents, or 0.8 per cent, to $72.57 a barrel at 0207 GMT, while US West Texas Intermediate crude rose […]
Tether is moving to turn its multibillion-dollar bullion base into an active lending instrument, with holders of its gold-backed XAU₮ token set to borrow against their digital claims on physical gold without selling the underlying asset. The plan extends the company’s tokenised gold strategy into collateralised credit, a market structure already familiar to holders of bitcoin who use digital assets to obtain liquidity while keeping exposure to […]
Arabian Post Staff -Dubai The UAE has moved to deepen technology cooperation with the United States and allied economies through the second Pax Silica Summit in Washington, DC, placing secure artificial intelligence supply chains, advanced infrastructure and trusted cross-border deployment at the centre of its expanding AI diplomacy. The delegation, led by Saeed Al Hajeri, Minister of State, joined officials from dozens of partner economies and senior […]
There is a particular kind of conversation happening in Munich, Vienna, and Zurich right now. A founder runs the numbers on another year of operating at home, looks at the tax line, the energy bill, and the months lost to permits and paperwork, and starts asking a question that would have seemed exotic a decade ago: what would it actually take to run this from Dubai? In […]
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Arabian Post Staff -Dubai UAE authorities confirmed there was no security threat after an emergency missile warning was pushed to mobile phones across the country on Friday evening and withdrawn within minutes, briefly unsettling residents before officials traced the episode to a technical malfunction in the national early warning system. The first message, sent at about 5.17pm on June 26, warned of “potential missile threats” and instructed […]
Avalanche has launched the Avalanche Payments Collective, bringing together 28 financial and technology groups including VanEck, Franklin Templeton, Anchorage Digital and Paxos in a push to build blockchain-based infrastructure for global payments, treasury management and settlement. The initiative, unveiled on Thursday, is designed to consolidate a payments ecosystem around Avalanche’s blockchain network, covering stablecoins, custody, foreign exchange, card issuance, business payments, asset management, global payouts and on-chain […]
Arabian Post Staff -Dubai ADNOC Drilling has delivered AD-300, its first AI-enabled automated walking island rig, nearly three months ahead of schedule, advancing Abu Dhabi’s push to use robotics, data systems and lower-emission power options in offshore oilfield development. The rig is the first of six next-generation island units covered by a $1.54 billion drilling services programme awarded by ADNOC Offshore across 2024 and 2025. Its early […]
Arabian Post Staff -Dubai Abu Dhabi’s banking regulator has imposed an AED20 million penalty on the UAE branch of an unnamed foreign bank after examinations found significant and repeated failures in its anti-money laundering, counter-terrorism financing and sanctions compliance framework. The Central Bank of the UAE said the action was taken under the federal law governing the regulator and licensed financial institutions. It also imposed a separate […]
Arabian Post Staff -Dubai J. P. Morgan has cut its Brent crude price forecast for the second half of 2026, signalling that weaker demand and smaller-than-expected stock draws have reduced the upward pressure that had kept oil markets tense through much of the year. The bank now expects Brent to average $86 a barrel in the third quarter and $80 in the fourth, with prices ending 2026 […]
Arabian Post Staff -Dubai Ruggieri has formed a project-based collaboration with Dubai-based Novara Events Management to develop large-scale pyrotechnic and multimedia experiences for the Gulf events market, bringing together one of Europe’s oldest fireworks houses and a regional organiser targeting high-impact live productions. The agreement positions the 300-year-old French pyrotechnics specialist to deepen its presence in a market where festivals, national celebrations, destination launches, private events and […]
Bitcoin Suisse has secured a crypto-asset service provider licence in Liechtenstein, giving the Zug-based digital-asset group a regulated platform for expanding its services across selected European Economic Area markets as the region’s MiCAR regime reshapes competition among crypto firms. The licence, granted by the Liechtenstein Financial Market Authority to Bitcoin Suisse AG, allows the company to operate under the Markets in Crypto-Assets Regulation, the European framework designed […]
Arabian Post Staff -Dubai Oman is weighing a ban on social media access for children under 16 as its telecoms regulator seeks public feedback on draft rules designed to tighten online safety, curb harmful exposure and define the duties of digital platforms. The Telecommunications Regulatory Authority has opened a consultation on the proposed framework, inviting parents, experts, educators, technology companies and the wider public to submit views […]
Arabian Post Staff -Dubai Abu Dhabi-listed Burjeel Holdings has launched a $1.5 billion senior unsecured sukuk programme on the London Stock Exchange’s International Securities Market, giving the healthcare group a new funding platform as it pushes into specialised care, research, digital transformation and AI-enabled medical services. The programme, established through Burjeel Sukuk Limited, marks one of the group’s most significant capital-market steps since its Abu Dhabi Securities […]
Arabian Post Staff -Dubai Dubai International Financial Centre has opened a 30-day public consultation on proposed amendments to its data protection regulations, seeking tighter safeguards for organisations using artificial intelligence and data-driven systems to process personal information. The proposed changes are aimed at strengthening governance, accountability and privacy protections across the financial free zone as banks, asset managers, insurers, fintech firms and professional services companies expand the […]
Tokyo-listed game developer Gumi has moved to deepen its exposure to XRP, positioning the token at the centre of a broader restructuring that shifts the company further beyond mobile games and into blockchain-linked financial infrastructure. The Shinjuku-based company is consolidating digital asset operations under a “Neo Crypto Business” pillar, alongside its “Neo Media Entertainment Business”, as it seeks to become one of Japan’s most prominent corporate holders […]
Arabian Post Staff -Dubai Amanat Holdings has completed its takeover of Cambridge Health Group after buying the remaining 10.03 per cent stake for AED105 million, giving the Dubai-listed healthcare and education investor full control of one of the Gulf’s largest post-acute and rehabilitation care platforms. The transaction closes a phased acquisition process that accelerated this month, when Amanat first raised its holding in Cambridge Health Group from […]
Arabian Post Staff -Dubai MENA mergers and acquisitions are expected to recover only gradually after war-driven volatility hit confidence, even as bankers say the region’s strategic deal pipeline remains alive. Bank of America expects activity lost during the first half of the year to take months, rather than days or weeks, to return, with transactions delayed by the conflict involving Iran, the US and Israel. The bank’s […]
Arabian Post Staff -Dubai Saudi Aramco is considering the sale of a stake in its sulphur business as the state-controlled energy group expands a wider drive to unlock cash from infrastructure assets and support Saudi Arabia’s investment-heavy economic transformation. The potential transaction, known internally as Project Yellowstone, could raise as much as $7 billion and would cover assets linked to sulphur storage and export terminals. Aramco invited […]
Greenlogue/AP Dubai returned 23 rescued sea turtles to the Arabian Gulf, including a one-flipper survivor named Foxy whose release marked a fresh milestone in the emirate’s two-decade marine conservation effort. The release, staged from the Dubai coastline ahead of World Sea Turtle Day on June 16, brought together 22 green turtles and one hawksbill turtle after months of rehabilitation. Foxy, a green turtle that had lost a […]
Kerala Minister for Tourism, Culture and Cinema unveiled the official logo of the Indo Arab Connect 2026, India’s biggest-ever GCC and West Asia tourism summit, to be held in Kochi during the first week of September 2026. Organised by the Indo-Arab Tourism and Hospitality Alliance in association with Tourism India Media Group, Kerala Tourism, leading industry associations, and airline partners, Indo Arab Connect 2026 is designed to […]
Arabian Post Staff -Dubai Doha’s 12th Islamic Finance Conference opened on Tuesday with artificial intelligence moving from a technology sidebar to the centre of debate over Shariah-compliant banking, waqf, zakat and digital markets. The one-day gathering at Al Majlis Hall in the Sheraton Grand Doha was held under the patronage of Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, Prime Minister and Minister of Foreign Affairs, and carried […]
Arabian Post Staff -Dubai Valve’s SteamOS has moved into Intel Arc territory after beta updates widened support beyond AMD-powered handhelds, allowing MSI’s Claw 8 AI+ to run the gaming operating system while community testing showed a desktop Arc B580 card booting into the same ecosystem. The shift is an important step for Linux gaming hardware, though it remains far from a polished Windows replacement for Intel users. […]
Arabian Post Staff -Dubai Donald Trump’s pledge that the Strait of Hormuz will be “completely opened” by Friday has left European partners pressing for details before committing naval assets to clear mines and escort commercial vessels through the world’s most sensitive energy chokepoint. The US president arrived at the Group of Seven summit in Évian-les-Bains saying a preliminary US-Iran accord had settled the immediate question of shipping […]
