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Electoral register gains 2.17 lakh voters // October Food Price Shock Has Far Reaching Consequences // Salik posts Dhs1.045bn profit despite lower toll traffic // US authorities dismantle North Korean cryptocurrency deception infrastructure // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // Microsoft apologises as Outlook services recover after outage // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // 11 Boutique Xinjiang Wineries to Debut in Singapore // Crescent Enterprises venture arm funds Oyster Therapeutics development // Inpex reaffirms Gulf oil strategy despite shipping constraints // Microsoft restores services gradually but gives no recovery deadline // From Dubai to the EU: how UAE-based crypto firms can expand under MiCA // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Microsoft outage leaves Outlook and Teams users disconnected // Messi affair SIT finds all-round violations // Lego restores BrickLink marketplace after security investigation // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // US resumes flights after nationwide air traffic shutdown // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection //

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By James M. Dorsey An offer by a Saudi-backed bank to lend financially strapped Pakistan US$4 billion is likely intended to bolster Saudi influence when former international cricket player Imran Khan is sworn in in the coming week as the South Asian country’s next prime minister. The offer was most immediately related to a statement by Asad Umar, Pakistan’s new finance minister-in-waiting, that Pakistan would decide on whether to seek […]

|By Allan Leinwand| According to a recent research report from PwC, Artificial Intelligence (AI) is expected to account for approximately 13.6% of the United Arab Emirates’ GDP in 2030. However, AI is seen by many as being either a hero or a villain. On one hand, AI is currently driving nearly every CIO’s agenda because it intelligently automates work processes, making it possible to do things that have never been […]

By James M. Dorsey The failure of Western allies to rally around Canada in its dispute with Saudi Arabia risks luring the kingdom into a false belief that economic sanctions will shield it from, if not reverse mounting criticism of its human rights record and conduct of the war in Yemen. It also risks convincing Saudi Crown Prince Mohammed bin Salman that acting with impunity will not impinge on […]

By James M. Dorsey China appears to be shifting gears in its multi-billion dollar Belt and Road initiative. Long projected as driven by economics and the benefit of infrastructure linkages, China appears to be increasingly adding a security component to the initiative against the backdrop of President Xi Jinping positioning of his country as a superpower rather than a developing nation. The emergence of a security component […]

|By Arabian Post Staff| After a landmark ruling in Germany last week that social media accounts can be inherited by a person’s beneficiaries, DIFC has announced that those who register inheritance Wills with the authority can include such assets in their Wills.  Lawyers and lawmakers around the globe have been grappling with the legal status of online assets, not just personal data on sites such as Facebook […]

The first of its kind Ramadan offer allows ready businesses, start-ups and distressed companies to commence operations immediately and pay rents and related costs in 2019, when their financial position is better-off. The business incubator-like initiative benefit new investors to kick-start, grow, diversify and expand across the business. The initiative comes at a time when Dubai is making concerted efforts to bring in new businesses and investments in […]

By James M. Dorsey A Saudi Moroccan soccer spat speaks volumes about the depth of change in the Arab world. The spat over Saudi Arabia’s refusal to support a Moroccan bid for the hosting rights of the 2026 World Cup tells the tale of the rise of individual country nationalism at the expense of Arab solidarity, Saudi determination to safeguard its alliance with the United States at whatever cost, […]

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By Matein Khalid A dismal legacy of civil war, sanctions, insurgency, foreign invasion and terrorism has had a catastrophic impact on the Iraqi economy. Prime Minister Haider al-Abadi told the assembled global elite at Davos 2018 that Iraq needed $100 billion in postwar construction. Yet money alone will not solve Iraq’s problems of systemic corruption, a society divided by sectarian cleavages, poverty, the displacement of 2 million […]

By James M. Dorsey The Gulf crisis that pits a United Arab Emirates-Saudi-led alliance against Qatar is escalating in discreet but no less worrisome ways that effect major third-party commercial interests and could increase international pressure for a resolution of the dispute. In a major shift away from Saudi and UAE restraint in attempting to force the international community and multi-nationals from taking sides in the 11-month […]

|By Arabian Post Staff| Abraaj Group, the Middile East’s biggest private equity firm, is facing the biggest crisis in its history, with a number of major management changes and top-level resignations. According to reports, chief financial officer Ashish Dave has left the company and two other other senior executives are also preparing to leave. The investment firm, which manages $13.6 billion in assets, is also considering a […]

While there are many ways in which medical science is using digital techniques and artificial intelligence (AI) to make life-saving decisions., the science and art of animation holds the potential to help revolutionize healthcare. Once the province of movies and cartoons, more realistic computer-generated imagery in medical science is providing solace to patients undergoing harsh treatments. And at the meeting point of movies and medicine, doctors are […]

|By Arabian Post Staff| UAE residents consider VAT to be a challenge, but are largely optimistic about the year ahead, a YouGov survey revealed. The results found that 50 percent of residents have positive sentiment towards the UAE for 2018, while 34 percent are neutral and 15 percent are negative. Some 62 percent of residents feel the introduction of VAT will be a challenge for the country. The […]

Heart Disease – An infographic by GeriatricNursing.org   Every year over 1.2 million people suffer from a heart attack due to coronary heart disease. The probability that a person may die from heart attack is 40 out of 100. According to the latest estimations, more than 335,000 of these heart attack patients are estimated to die even before reaching the hospital or the emergency ward. In the […]

|By Arabian Post Staff| Oman surprised analysts and other members of GCC union, which have been preparing to roll out a new tax system from the first of new year, by announcing that it was postponing the implementation of VAT until 2019. According to the earlier schedule, the VAT implementation was to start on January 1, 2018.  The Ministry of Finance announced that the application of  selective tax […]

|By Matein Khalid| US and global equities surged on news of the US House of Representatives pass the tax reform bill, Cisco and Walmart posted blowout earnings and a potential bidding war emerged for Fox’s media assets. The rally on Thursday followed a week of carnage in the US high yield debt markets, flattening of the US Treasury yield curve and losses in the major stock market indices worldwide.   […]

|By Arabian Post Staff|Saudi Arabia’s freezing of bank accounts is credit negative for banks, Moody’s said in a review. On 8 November, the Saudi Arabian Monetary Authority (SAMA) froze a large number of bank accounts belonging to princes, ministers and businessmen who were arrested as part of an investigation by a new anti-corruption committee that began on 4 November. The rating agency said these actions are credit […]

|By Arabian Post Staff| The United Nations is set to consider a proposal by the US Federal Aviation Administration to ban laptop computers and other large electronic devices from checked bags on international flights. It remains yet unclear whether the ban would be extended to domestic airlines.  Gulf airlines including Emirates and Qatar Airways  were removed from the ban last August after these airlines suffered a huge […]

|By Saifur Rahman | Executive Editor|Emirates, the world’s largest carrier of international passengers, has raised US$47.43 billion (Dh174 billion) to finance its fleet over the last 10 years, its recently-released annual report for 2016-17 shows.  “Having raised Dh174 billion (US$47.3 billion) over the last 10 years, Emirates continues to maintain a well-diversified and evenly spread financing portfolio. Tapping into various sources of funding, both in terms of […]

By Stephanie van den Berg | AMSTERDAM AMSTERDAM The World Court ordered Pakistan on Thursday not to execute Indian citizen Kulbhushan Sudhir Jadhav, convicted of spying, until it hears a case brought by India arguing that Islamabad violated a treaty guaranteeing diplomatic assistance to foreigners accused of crimes. The court, formally known as the International Court of Justice (ICJ), is the top United Nations legal body for […]

Adylkuzz is believed to have infected more computers than WannaCry, using the same vulnerabilities Another large-scale, stealthy cyberattack is underway on a scale that could dwarf last week’s assault on computers worldwide, a global cybersecurity firm told AFP on Wednesday. The new attack targets the same vulnerabilities the WannaCry ransomware worm exploited but, rather than freeze files, uses the hundreds of thousands of computers believed to have […]

Call it the Trump fade? The so-called Trump trade captivated Wall Street after the surprise election of Donald Trump last November. After years of stagnant economic growth in the wake of the financial crisis, the prospect of Mr Trump’s pro-business agenda, combined with Republican control of both executive and legislative branches of the US government, breathed new life into the ageing equity rally, sent the dollar to […]

By Joel Schectman | WASHINGTON WASHINGTON A bill proposed in Congress on Wednesday would require the U.S. National Security Agency to inform representatives of other government agencies about security holes it finds in software like the one that allowed last week’s “ransomware” attacks. Under former President Barack Obama, the government created a similar inter-agency review, but it was not required by law and was administered by the […]

US stocks were on track for their worst session for eight months on fears that US President Donald Trump’s ability to push through his pro-growth policies will be sidelined by deepening political controversy. The Wall Street benchmark fell 1.3 per cent to 2,369 on Wednesday, shedding all its gains for May, with financial stocks the worst hit as the S&P banks index retreated 3.8 per cent. Shares […]

At the same time, the Palestinian Authority president, Mahmoud Abbas, generally seen as hesitant, or even obstructionist, may to Mr. Trump seem the most accommodating. Continue reading the main story It is at once a case study in why this region is so unpredictable and a test of whether the new president is in over his head or knows something his many failed predecessors did not. “We […]

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Just in:
OpenAI unveils ChatGPT Wallet for agent-led purchases // UAE crews sustain coastal oil removal as beaches reopen // Saudi fund assets forecast to cross $400 billion // Sun World Ba Den Mountain marks Vietnam Culture Day, welcoming Cambodian visitors over Bon Om Touk // China Reconciled To U.S. Curbs On Chips Exports, Woos South Korea For Supply // 11 Boutique Xinjiang Wineries to Debut in Singapore // US authorities dismantle North Korean cryptocurrency deception infrastructure // October Food Price Shock Has Far Reaching Consequences // L’OCCITANE Celebrates 50 Years Of Provençal Craftsmanship With Holiday 2026 Collection // IEA forecasts fourth-quarter oil surplus as Gulf shipments rebound // EBANX and Eneba strengthen partnership in Latin America with 138% YoY growth in payment volume // Yicura BioMed Advances Dual Capital and Industrial Strategy： Completes First Closing of Series B Financing Led by Gobi Partners // Fujairah highway pile-up leaves 14 dead and 30 injured // Electoral register gains 2.17 lakh voters // Woman found dead as bank moves to repossess home // US resumes flights after nationwide air traffic shutdown // Inpex reaffirms Gulf oil strategy despite shipping constraints // Microsoft apologises as Outlook services recover after outage // TORRAS Launches Two New iPhone Duo Cases from Its Popular Ostand Series, Addressing Foldable Phone Users’ Concerns About Difficult Stand Positioning and Scratches // Messi affair SIT finds all-round violations //