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Arabian Post Staff -Dubai Etisalat has completed its first procurement contract evaluation using agentic artificial intelligence operating within its private cloud, marking a new deployment of automated decision support in the UAE telecommunications group’s internal operations. The Abu Dhabi-based company announced the milestone on Tuesday, saying the system can analyse information, assist contract assessments and automate parts of complex purchasing workflows. It plans to extend the technology […]

COFE Tech has announced an investment from KSH Investments, the international investment platform of Sheikh Mohammed bin Khalid Al Nahyan’s Private Department, strengthening the Gulf enterprise technology company’s investor base ahead of a planned public listing. The Abu Dhabi-based investment firm acquired its stake through an arrangement involving Phoenix Venture Partners Innovation Fund CEIC Limited, the company said on Tuesday. The transaction was completed earlier this year, […]

Abu Dhabi Investment Authority is considering an anchor investment in Zetwerk’s forthcoming stock market flotation, as the Bengaluru-based manufacturing platform prepares to open institutional bidding on Wednesday. The sovereign wealth fund is among more than 30 domestic and international investors examining participation in the offering, according to people familiar with the discussions. No allocation to ADIA has been confirmed, and expressions of interest do not guarantee an […]

Highlights: Arabic edition now live at znaki.fm/ar Politics, economy, sport, culture, celebrities and lifestyle, written in Arabic for the region Persons, Events, Places, Companies and Lifestyle sections add the background behind the headlines One of more than 40 local ZNAKI FM editions, each built for its market   DUBAI, – ZNAKI FM today announced the expansion of its Arabic edition at znaki.fm/ar. The multilingual platform offers Arab […]

Arabian Post Staff -Dubai Hundreds of flights were cancelled across Saudi Arabia on Monday as attacks on major airports continued to disrupt passenger services and international connections. Flight-tracking platform Flightradar24 listed 436 cancellations at Riyadh’s King Khalid International Airport at approximately 5.30am Saudi time, representing 64 per cent of scheduled services. The capital remained the centre of the disruption after authorities suspended operations following a deadly weekend […]

Arabian Post Staff -Dubai Artificial intelligence is becoming embedded across government services, education, healthcare and transport in the UAE, as new adoption figures confirm the country retains the world’s highest measured rate of generative AI use. Microsoft’s latest Global AI Diffusion Report, covering the second quarter of 2026, places UAE usage at 73.3 per cent of the working-age population, up from 70.1 per cent in the first […]

Arabian Post Staff -Dubai SoftBank Group chief executive Masayoshi Son is seeking up to $100 billion from Gulf investors for a proposed fund that would acquire businesses and transform their operations using artificial intelligence. The fundraising discussions are at an early stage, with senior figures in the United Arab Emirates among those approached. No commitments or final agreements have been announced, and there is no assurance that […]

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Greenlogue/AP Khalifa University has completed the main conference programme of the Abu Dhabi Climate Solutions Summit 2026, recording more than 1,000 registrations and accepting over 100 research posters focused on practical responses to climate change. The university said the gathering brought together scientists, policymakers, investors, businesses and young innovators to examine how promising technologies could move beyond laboratories into affordable, commercially viable applications. Five dedicated youth sessions […]

The UAE will participate in the World Bank Group and International Monetary Fund Annual Meetings in Bangkok from 12 to 18 October, with senior financial officials pursuing discussions on global economic stability, development financing and international cooperation.

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, will lead the Ministry of Finance delegation, which is scheduled to attend ministerial discussions, multilateral consultations and bilateral meetings with representatives of participating countries.

The Ministry of Finance announced the participation on Friday, identifying financial resilience, sustainable development funding and stronger institutional partnerships as principal priorities. The meetings come amid mounting concerns over sovereign debt, borrowing costs, geopolitical tensions and uneven economic growth.

Khaled Mohamed Balama, Governor of the Central Bank of the UAE and the country’s governor to the IMF, will separately lead the central bank delegation. Assistant governors and senior officials will participate in discussions covering monetary policy, financial stability and emerging challenges affecting international markets.

Al Hussaini said the annual gathering offered an opportunity to coordinate economic positions and strengthen dialogue among governments and international financial institutions. The UAE would seek partnerships supporting inclusive development while examining financing mechanisms capable of improving economic resilience.

The Ministry of Finance delegation will attend the meeting of finance ministers and central bank governors from the Middle East, North Africa, Afghanistan and Pakistan with IMF Managing Director Kristalina Georgieva. Regional economic developments, financing requirements and financial stability are expected to feature in those discussions.

Its programme also includes the G20 Finance Ministers and Central Bank Governors Meeting, the annual plenary session and consultations involving the International Monetary and Financial Committee, which advises the IMF on the international monetary and financial system.

A separate meeting of Arab governors with World Bank Group President Ajay Banga will provide another forum for discussing development priorities and cooperation with multilateral lenders. UAE officials will also hold bilateral engagements with representatives of partner countries.

The central bank has identified digital transformation, artificial intelligence, financial inclusion and climate resilience among its priorities. Its delegation intends to examine how technological developments can support economic growth while strengthening financial systems against emerging risks.

These discussions will take place against a difficult international economic backdrop. IMF Managing Director Georgieva has warned governments about mounting public debt and the need for credible fiscal policies, particularly as higher borrowing costs constrain spending and investment.

Geopolitical disruptions and pressure on energy markets have added uncertainty to economic forecasts. Policymakers attending the Bangkok meetings will face questions about balancing inflation control, financial stability and growth while addressing the financing needs of developing economies.

The World Bank Group has placed employment, private investment and development opportunities among the central themes of its programme. Scheduled discussions include mobilising private capital for jobs and examining how artificial intelligence can support employment and economic development.

For the UAE, these subjects intersect with its stated priorities of expanding international financial cooperation and supporting development financing. The Ministry of Finance said its delegation would examine opportunities for practical collaboration with governments and international institutions.

Bangkok will also provide the setting for preparations linked to the UAE’s hosting of the institutions’ 2029 Annual Meetings in Abu Dhabi. The World Bank Group and IMF announced that decision in April following approval by their boards of governors.

An official signing ceremony associated with the 2029 hosting arrangements is scheduled during the Bangkok gathering. Abu Dhabi’s selection will bring the meetings back to the UAE after Dubai hosted them in 2003.

The annual meetings bring together finance and development ministers, central bankers, institutional leaders, private sector representatives and civil society organisations. Their principal forums address the world economic outlook, monetary cooperation, development challenges and the operations of the two institutions.

The main venue this year is Bangkok’s Queen Sirikit National Convention Center. The formal plenary session is scheduled for 16 October, while the International Monetary and Financial Committee plenary is scheduled for 17 October.

The UAE programme also includes a reception bringing together banks from the country and their regional and international counterparts. The Ministry of Finance said the gathering was intended to strengthen institutional relationships and create opportunities for financial cooperation.

Other scheduled engagements include discussions with partner governments on bilateral economic relations and possible areas of collaboration. The ministry has not announced individual bilateral agreements or financing commitments ahead of the meetings.

Public sessions will accompany the ministerial programme, including discussions on artificial intelligence, private investment and development. Selected events will be streamed internationally, with interpretation available in several languages, including Arabic.

Abu Dhabi has launched a new artificial intelligence training programme targeting 20,000 government employees this year, advancing its Dh13 billion strategy to establish the world’s first fully AI-native government by 2027. The Department of Government Enablement announced the AiNative programme on October 7, partnering with OpenAI, Microsoft and Mohamed bin Zayed University of Artificial Intelligence to develop practical AI capabilities across the public sector and eventually among […]

  • Protection for ageing parents up to age 100 against conditions such as dementia, with maximum entry age at 80* and no medical underwriting required
  • Lifetime protection for the child, covering death, terminal illness, total and permanent disability, with optional crisis care add-ons

SINGAPORE – Media OutReach Newswire – 8 October 2026 – Prudential Singapore (“Prudential”) has launched PRUActive Family Care (PAFC), a whole-of-life protection plan designed for Singaporeans caring for multiple generations. The plan enables caregivers to provide protection for both their child and ageing parents under a single policy.

PAFC provides lifetime protection for the caregiver’s child, as the life assured, covering death, terminal illness, total and permanent disability (TPD). It also offers critical illness add-ons that cover 182 conditions including juvenile conditions and mental illness.

The plan also includes Parent Guard Benefit that provides protection for the caregiver’s ageing parents up to age 100, without the need for medical underwriting. It offers financial and income support when a parent is diagnosed with specified age-related conditions, including Alzheimer’s disease, Dementia, Parkinson’s disease and Progressive Supranuclear Palsy.

Often, older adults may find it challenging to get insurance coverage due to health-related underwriting requirements. By including protection for parents under the caregiver’s policy, PAFC helps families address the protection gap.

The launch of PAFC comes as Singapore has become a super-aged society as the proportion of citizens aged 65 and above was at 21.4 per cent in 2026, an increase from 13.7 per cent in 2016. By 2035, more than one in four citizens is expected to be aged 65 and above1. As such, there will be an increasing number of people taking on caregiving responsibilities.

Mr Manu Tandon, Chief Health & Protection Officer of Prudential Singapore, said: “As Singapore’s population ages and families become smaller, many caregivers in the “sandwiched generation” are caring for their ageing parents while raising their young children. These caregivers can face significant financial and emotional stress as they need to fund their children’s education, meet their parents’ healthcare needs – particularly when ongoing care is required – and save for their own retirement.”

Prudential’s recent research2 also highlights the financial challenges many caregivers face. Nearly three in four Singaporeans (72 per cent) cited financial support as the most important form of assistance for caregivers, yet only 13 per cent believed their household would have enough savings if a caregiver had to stop working to provide care.

Added Mr Tandon: “PRUActive Family Care helps families prepare for rising caregiving demands with protection for both parents and child under one plan, while safeguarding the caregiver’s financial future. Importantly, the Parent Guard Benefit extends protection to the caregiver’s ageing parents without underwriting required, who may otherwise find it difficult to obtain coverage.”

Supporting the Needs of the Multigenerational Families by Protecting Ageing Parents

Reflecting the diverse needs of caregivers, PRUActive Family Care offers flexibility for individuals with or without children. It allows the caregiver (the policyowner) or their child to be the life assured, with the option to enhance the life assured’s coverage by up to five times through the Multiplier Benefit. In addition, the Parent Guard Benefit provides coverage for both parents of the caregiver.

The Parent Guard Benefit offers the following financial and income support3:

  • Diagnosis Support: 20 per cent sum assured (SA) upon parent’s diagnosis of covered conditions (Alzheimer’s disease, Dementia, Parkinson’s disease and Progressive Supranuclear Palsy)
  • Income Support: Up to 5 years upon parent undergoing the first treatment due to the diagnosis of the covered condition
  • Accidental Fracture Hospital Income: Upon parent’s hospitalisation due to an Accidental Bone Fracture, a daily income of $150 will be paid for up to 10 days. This is an additional benefit that does not reduce the Parent Guard Sum Assured (SA).
  • Family Support: Up to 8 per cent of SA upon parent’s death

Up to two parents can be included in the plan, with entry up to age 80* and coverage to age 100. Benefits are payable for eligible diagnoses in any of 13 recognised countries**.

Supporting Recovery and Rehabilitation

Beyond financial protection, PAFC is a holistic plan that provides value-added service to support recovery long after treatment or hospitalisation. The caregiver (policyholder), his/her child and parents, can tap on the recovery and rehabilitation services including physiotherapy, chiropractic care, osteopathy and traditional Chinese medicine, and home care and medical services.

For more information on PRUActive Family Care, including full product terms, eligibility criteria and exclusions, please visit https://www.prudential.com.sg/pruactive-family-care

Additional notes:

  • With ageing, the risk of developing health conditions increases. In Singapore, an estimated 72,000 people were living with dementia in 2023, and the Ministry of Health projects this figure could rise to 135,000 by 2030 (Source: Ministry of Health Parliamentary QA, 4 November 2025)
  • This protection is especially relevant as about 90 to 100 new cases of childhood cancer are detected each year in Singapore among children under the age of 15 (Source: Singhealth website, 5 October 2026)
  • 1 in 3 adolescents aged 10–18 experience symptoms of anxiety, depression and loneliness (Source: Youth Epidemiology and Resilience (YEAR) Study, National University of Singapore, 2024)

* Based on age next birthday (ANB)

** Diagnosis must be provided by a registered medical practitioner in one of the following: Singapore, Australia, Brunei Darussalam, Canada, China (limited to class 3 hospitals in designated cities), Hong Kong, Macau, Malaysia, New Zealand, Taiwan, United Arab Emirates (Abu Dhabi and Dubai), United Kingdom, United States

Hashtag: #Prudential




The issuer is solely responsible for the content of this announcement.

About Prudential Assurance Company Singapore (Pte) Ltd (Prudential Singapore)

Prudential Assurance Company Singapore (Pte) Ltd is one of the top life and health insurance companies in Singapore, serving the financial and protection needs of the country’s citizens for 95 years. As at 31 December 2025, it has S$66.3 billion funds under management. The company has an AA Financial Strength Rating from leading credit rating agency Standard & Poor’s and delivers a suite of well-rounded product offerings in Protection, Savings and Investment through multiple distribution channels including a network of 5,400 financial representatives.

Arabian Post Staff -Dubai Abu Dhabi’s Mubadala Capital has secured US regulatory clearance for its $6.2 billion acquisition of Clear Channel Outdoor Holdings, removing the final regulatory obstacle to taking the American billboard advertising company private. Clear Channel announced on Wednesday that the Committee on Foreign Investment in the United States had approved the transaction, allowing the investor consortium led by Mubadala Capital to proceed towards completion […]

Arabian Post Staff -Dubai Deutsche Bank has made three key appointments in its Dubai office as the German lender broadens investment banking coverage across the Middle East and seeks to capture growing capital-markets and institutional-client business. Ilya Korobov has relocated from London to Dubai as a director of debt capital markets for Central and Eastern Europe, the Middle East and Africa. He joined Deutsche Bank in November […]

Arabian Post Staff -Dubai ADNOC has agreed to supply Thailand’s Gulf Group with approximately two million tonnes of liquefied natural gas under a multi-year contract, with deliveries scheduled to begin in 2027. The Sales and Purchase Agreement expands a commercial relationship established through the companies’ first LNG supply deal in 2025 and gives ADNOC Trading a larger direct role in supplying the Asian market. Neither company disclosed […]

Etihad Rail’s expanded passenger service could alter residential demand around stations in Abu Dhabi, Dubai and Sharjah, with rental enquiries likely to respond before sale prices, property consultancy Betterhomes has said. The assessment follows the official launch of the UAE national passenger rail network on September 30, when services expanded beyond the Abu Dhabi-Fujairah introductory route to include Dubai’s Al Yalayis Station and Al Dhaid in Sharjah. […]

Etihad Rail has added six passenger train services between Abu Dhabi and Dubai this weekend after exceptionally strong early demand, releasing more than 2,000 additional seats on the newly opened route. The operator said more than 1,000 extra seats were made available across three services on Saturday, October 3, with a further 1,000-plus seats offered on three additional services on Sunday, October 4. The move follows the […]

Etihad Airways is seeking legal advice on possible action after rejecting implications arising from an independent commission’s findings that Manchester City used improper commercial arrangements to breach Premier League financial rules. The Abu Dhabi airline, Manchester City’s principal commercial partner since 2009, said it “categorically rejects any finding, conclusion or implication” suggesting that it had ever participated in improper arrangements. Etihad said it was considering the legal […]

AD Ports Group has completed its Dhs3.1 billion acquisition of Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura, marking the Abu Dhabi group’s largest takeover and its first strategic entry into South America. The financial closing follows regulatory and antitrust clearances in Brazil, including approvals from the National Waterway Transportation Agency, known as ANTAQ, and the Administrative Council for Economic Defense, or CADE. The transaction was first […]

Arabian Post Staff -Dubai The UAE Ministry of Finance has listed its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai, opening the government-backed Islamic instrument to secondary-market trading after subscription, allocation and settlement were completed. The offering drew subscription orders of AED285 million, about 5.7 times its AED50 million target, underscoring demand among individual investors for the second issuance under the sovereign retail programme. The sukuk carries […]

Arabian Post Staff -Dubai Abu Dhabi’s Mubadala Investment Company was the most active sovereign wealth fund among the Gulf’s leading state investors during the first nine months of 2026, deploying $26.2 billion, according to data released by Global SWF. Saudi Arabia’s Public Investment Fund ranked second with $14 billion of investments between January and September, followed by Abu Dhabi Investment Authority at $12.2 billion, Abu Dhabi’s L’imad […]

Arabian Post Staff -Dubai The two pilots involved in a violent cockpit altercation aboard flydubai flight FZ1073 have been transferred from Saudi Arabia to Abu Dhabi, placing them directly within a UAE investigation seeking to establish what triggered the mid-air emergency. Saudi Arabia’s Ministry of Interior said the captain and co-pilot left for Abu Dhabi on Thursday after receiving medical clearance, accompanied by a UAE security team. […]

Etihad Rail is staging laser shows at passenger stations in Abu Dhabi, Dubai and Fujairah on Friday night as it marks this week’s expansion of the UAE’s national passenger rail network. The displays are scheduled to run from 7pm on October 2 until 1am, illuminating the Mohamed bin Zayed City station in Abu Dhabi, Al Yalayis station in Dubai and the passenger station at Al Hilal in […]

Saudi authorities on Thursday have found that the co-pilot of flydubai flight FZ1073 assaulted the captain during a cockpit altercation that forced the Dubai-Tel Aviv service to make an emergency landing in Tabuk. Saudi Arabia’s Ministry of Interior said preliminary investigations by the kingdom’s competent authorities, conducted in coordination with a UAE security team, established that an altercation occurred in the flight deck and that the co-pilot […]

Arabian Post Staff -Dubai Etihad Airways is seeking legal advice on possible action after rejecting implications arising from an independent commission’s findings that Manchester City breached Premier League financial rules. The Abu Dhabi airline, Manchester City’s principal sponsor since 2009, said it “categorically rejects any finding, conclusion or implication” suggesting that it had ever participated in improper commercial arrangements. It said it would obtain legal counsel on […]

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