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Dubai

US Security Umbrella Over Gulf States Is Crumbling

AI attacks push Middle East breach costs higher

Arabian Post Staff -Dubai The average cost of a data breach in the Middle East has climbed to $8 million as cybercriminals increasingly use artificial intelligence to launch faster and more scalable attacks. More than a quarter of malicious breaches examined across the region involved AI-enabled methods. Another 11 per cent of affected organisations could not determine whether attackers had used the technology, highlighting the growing difficulty […]

Dubai Residential REIT lifts profit and dividend

Arabian Post Staff -Dubai Dubai Residential REIT posted a 15.1% increase in first-half net profit before property valuation changes and approved an interim cash dividend of AED573.2 million, supported by higher rents, near-full occupancy and additions to its housing portfolio. Net profit before changes in the fair value of investment property reached AED716.5 million for the six months ended June 30, up from AED622.3 million in the […]

Dubai launches lab for autonomous logistics

Arabian Post Staff -Dubai Dubai Future Foundation and autonomous vehicle technology company Oxa have launched a laboratory to develop, test and commercialise self-driving logistics systems for ports, airports and other industrial sites. The Autonomous Logistics Future Lab will operate through SHIFFT, a joint venture established under the Dubai Research, Development and Innovation Ecosystem. Its first commercial deployment is planned in Dubai before the end of 2027. The […]

UAE clears first oral PCSK9 cholesterol treatment

Arabian Post Staff -Dubai The UAE has approved Lipfendra, a once-daily pill designed to sharply reduce harmful cholesterol, becoming the second country after the United States to authorise the first oral treatment targeting the PCSK9 protein. The Emirates Drug Establishment approved the medicine for adults with elevated low-density lipoprotein cholesterol, or LDL-C, including those with heterozygous familial hypercholesterolaemia, an inherited disorder that causes dangerously high cholesterol levels. […]

ADNOC shifts crude pricing benchmark to Dubai

Arabian Post Staff -Dubai Abu Dhabi National Oil Company will change the benchmark used to determine official selling prices for all its crude grades from November 1, replacing Murban futures with prompt-month Platts Dubai pricing. The overhaul will cover Murban, Das, Umm Lulu and Upper Zakum crude. ADNOC will announce a premium or discount for each grade against Dubai quotes during the month before the cargo is […]

Emirates NBD expands Egypt reach with HSBC deal

Arabian Post Staff -Dubai Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business, gaining its customer accounts, branches, cash machines and associated employees in a transaction expected to strengthen the Dubai-based lender’s position in one of the Arab world’s largest financial markets. The acquisition will be conducted through Emirates NBD Egypt, the banking group’s wholly owned subsidiary. Completion is targeted for the second half of […]

Court affirms adult women’s freedom of choice

Arabian Post Staff -Dubai The Allahabad High Court has said no person can interfere with the voluntary decision of adult women to change their religion, marry partners of their choice or determine the course of their lives. Justice Sandeep Jain made the observation while hearing a habeas corpus petition concerning two sisters who were allegedly confined by their father after embracing Islam and deciding to marry men […]

Shuwaib housing project expands permitted building area

Arabian Post Staff -Dubai Abu Dhabi has raised the maximum gross floor area allowed for homes within the Shuwaib National Housing Project to 900 square metres, giving beneficiary families greater flexibility to build and expand properties around changing household needs. The Department of Municipalities and Transport and Abu Dhabi Housing Authority said the planning adjustment would enable families to create larger living spaces while complying with construction […]

Emirates NBD expands Egypt retail banking reach

Arabian Post Staff -Dubai Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business, adding its customers, branches, cash machines and supporting employees to the Dubai-based group’s growing operations in one of the Middle East’s largest consumer markets. The transaction will be conducted through Emirates NBD Egypt, the banking group’s wholly owned local subsidiary. It remains subject to regulatory approvals and customary closing conditions and is […]

Trump pauses Iran strikes as Hormuz talks advance

Arabian Post Staff -Dubai US President Donald Trump has suspended a planned military attack on Iran after Tehran and several Middle Eastern governments indicated that negotiations could produce a swift agreement to reopen the Strait of Hormuz. Trump said the operation had been cancelled on the condition that the parties rapidly finalise a deal addressing maritime access and Iran’s nuclear programme. He warned that US forces remained […]

Jabalpur students burn Ranaut effigy over remarks

Arabian Post Staff -Dubai Girl students burnt an effigy of BJP Lok Sabha member Kangana Ranaut in Jabalpur on Saturday, escalating protests over her remarks against young people who demonstrated over the NEET-UG paper leak. The protesters assembled at Ghantaghar in the Madhya Pradesh city, raised slogans against the Mandi parliamentarian and demanded her resignation. They accused Ranaut of insulting students who had sought accountability over alleged […]

Riad Salameh detained after missing judicial hearing

Arabian Post Staff -Dubai Lebanese authorities have arrested former central bank governor Riad Salameh at a hospital north of Beirut after he failed to appear for questioning in a widening investigation into the alleged misuse of Banque du Liban funds. Salameh was detained at Bhannes Hospital on Friday after investigators searched three addresses linked to him. An arrest warrant was issued when judicial officials concluded that he […]

Oil surges as regional conflict widens

Arabian Post Staff -Dubai Oil prices jumped more than 7 per cent after Iran fired missiles towards US forces and Saudi Arabia joined American strikes against Iran-aligned militias in Iraq, reviving fears of a broader conflict disrupting Middle Eastern energy supplies. Brent crude rose 7.92 per cent to $90.75 a barrel during Wednesday’s trading, while West Texas Intermediate gained 6.94 per cent to $84.76. The advance reversed […]

Dubai school launches motorsport pathway for pupils

Arabian Post Staff -Dubai GEMS School of Research and Innovation will launch a Motorsport Academy in September, giving pupils structured access to racing, engineering, simulation technology and the wider business of competitive motorsport. The programme will be introduced for the 2026-27 academic year and will initially accept students from Years 4 to 9. Applications are open, with enrolment numbers expected to be limited to maintain personalised coaching […]

Gulf mega deals sustain private capital momentum

Two transactions worth about $18 billion have reinforced private investors’ appetite for Gulf assets despite geopolitical disruption, tighter credit conditions and growing scrutiny of regional risk. The deals combine a $16 billion partnership involving Kuwait’s crude oil pipeline network and the roughly $2 billion first close of a Saudi-focused private equity fund backed by the Public Investment Fund. Together, they illustrate how infrastructure and sovereign-linked investment platforms […]

UAE funds target major India investment expansion

Arabian Post Staff -Dubai UAE sovereign wealth funds and private companies are preparing to expand investments in India, targeting artificial intelligence, logistics, food security and infrastructure as the two countries deepen their economic partnership. Several significant announcements are expected over the coming months, UAE Ministry of Investment Undersecretary Mohammad Abdulrahman Alhawi said, highlighting sustained interest among government-backed funds and businesses in opportunities across the country. “Our sovereign […]

Supreme Court dissolves Omar Abdullah’s marriage

Arabian Post Staff -Dubai The Supreme Court has granted Jammu and Kashmir Chief Minister Omar Abdullah and Payal Abdullah a divorce after the estranged couple resolved their long-running matrimonial dispute through mediation. A Bench of Justices P S Narasimha and Alok Aradhe disposed of Abdullah’s appeal on Friday after being told that the parties had reached an amicable settlement and wanted their marriage formally dissolved. Senior advocate […]

Spinneys deepens Saudi push with larger stake

Spinneys will raise its ownership of its Saudi Arabian subsidiary to 70 per cent by acquiring an additional 20 per cent stake from Abdul Mohsen AbdulAziz Al Hokair Holding Group for SAR18 million. The Dubai-listed premium grocery retailer said the transaction covers shares in Al-Ma’kulat Al-Fakhirah for Food Products, known as Spinneys KSA. Completion remains subject to regulatory approvals, including clearance from Saudi Arabia’s General Authority for […]

Saudi Arabia launches Red Sea maritime alliance

Arabian Post Staff -Dubai Saudi Arabia has established a multinational maritime defence coalition to protect commercial shipping and energy supply routes across the Red Sea, placing Riyadh at the centre of efforts to secure one of the world’s most vulnerable trade corridors. The kingdom will serve as the founding and leading state of the alliance and host its permanent headquarters. Representatives from 43 countries and the European […]

Trump claims breakthrough on phased Hamas disarmament

Arabian Post Staff -Dubai US President Donald Trump has announced an agreement for Hamas and other armed factions to disarm in Gaza, although key provisions remain unsettled and implementation could take almost a year. Trump described the agreement reached through the US-led Board of Peace as a major step in his 20-point plan for Gaza. The arrangement links phased disarmament to the gradual withdrawal of Israeli forces, […]

Investcorp takes control stake in Berger Financial

Arabian Post Staff -Dubai Investcorp has acquired a majority stake in Berger Financial Group, entering North America’s wealth management market through a platform overseeing more than $3 billion in client assets. Financial terms of the transaction were not disclosed. Berger’s management team and financial advisers will retain a significant ownership interest, while the company’s existing leadership will continue to manage its day-to-day operations. Investcorp will gain representation […]

CJP attack deepens pellet gun court dispute

Arabian Post Staff -Dubai Cockroach Janta Party member Saurav Das has sharply criticised the Supreme Court’s observations on the use of pellet guns for crowd control, calling the remarks “disgusting” as a legal dispute over police action against student protesters intensified. Das posted the single-word response on X on Thursday after the court questioned whether pellet guns could be prohibited in all circumstances when existing rules permit […]

DeNet opens storage network to public users

Arabian Post Staff -Dubai Dubai-based DeNet has launched the fourth version of its decentralised storage protocol, opening infrastructure supported by more than seven million registered users to the public. Storage Protocol v4 connects customers seeking encrypted data storage with independent operators supplying unused device capacity. DeNet said its operating ecosystem includes more than 2,000 active storage providers, known as Datakeepers, and about 2.9 million Watcher Nodes that […]