Iran will announce a new restricted maritime zone near the Strait of Hormuz and sign off a shipping corridor agreed with Oman within days, according to its top national security official. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the restricted area would begin at what Tehran calls the US Navy’s blockade line and extend into parts of the Gulf. He warned that vessels entering […]
Arabian Post Staff -Dubai The United Arab Emirates is accelerating alternative routes for energy exports and trade to reduce its exposure to disruption from the war with Iran, presidential adviser Anwar Gargash said on Monday. “Our energy exports will not be held hostage, nor will our trade and economic activity,” Gargash told the Hili Forum in Abu Dhabi, saying the government was expanding port capacity on the […]
Arabian Post Staff -Dubai OPEC+ producers have agreed to keep their October oil production quotas unchanged, resisting pressure for another supply adjustment as war-related disruptions continue to remove millions of barrels a day from Middle Eastern output. Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman decided at a virtual meeting on Sunday to maintain September’s required production levels through October, OPEC said. The seven countries also […]
Arabian Post Staff -Dubai Iran plans to declare a new exclusion zone near the Strait of Hormuz after its forces targeted three oil tankers and three US-linked vessels in retaliation for American strikes on Iranian shipping, raising risks to commercial traffic through the Gulf. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the proposed zone would extend from what Tehran describes as the US naval […]
Airlines serving the UAE are continuing to adjust schedules, reroute aircraft and warn passengers of delays and cancellations as the latest escalation between the United States and Iran disrupts regional air travel. Dubai International Airport and Abu Dhabi’s Zayed International Airport remain operational, with most UAE-based carriers continuing to fly the bulk of their networks. However, delays have affected a number of arriving and departing services, while […]
Arabian Post Staff -Dubai US forces struck three Iranian crude oil tankers after the Islamic Revolutionary Guard Corps fired ballistic missiles towards two US Navy warships, sharply escalating the confrontation around the Strait of Hormuz. US Central Command said on Saturday that an American aircraft carrier and a guided-missile destroyer evaded multiple Iranian attacks while patrolling regional waters and that no US personnel were hurt. The command […]
U. S. forces struck three Iranian crude oil tankers on Saturday after Iran’s Islamic Revolutionary Guard Corps fired ballistic missiles towards two American Navy warships, escalating a renewed exchange of attacks around the Gulf and Strait of Hormuz. U. S. Central Command said an American aircraft carrier and a guided-missile destroyer evaded multiple Iranian attacks while patrolling regional waters. No American personnel were harmed, it said. The […]
Iran’s worsening fiscal squeeze is spilling into daily life as collapsing oil revenue, a record-low currency and surging prices force Tehran to balance military demands against the cost of keeping fuel, food and other essentials affordable. The pressure has sharpened after Iranian crude exports fell to roughly 260,000 barrels a day in August from about 1.7 million before the latest tightening of US economic pressure, draining the […]
Arabian Post Staff -Dubai Vice President JD Vance has rejected describing the United States’ confrontation with Iran as a war, arguing that major combat operations ended weeks ago despite a sharp renewal of strikes across the Gulf. “I wouldn’t call it a war,” Vance told reporters at a White House briefing on Thursday. “Right now, there is no active shooting.” He acknowledged that fighting had flared in […]
The latest response followed the magnitude 7.4 earthquake that struck Colombia on August 10, 2026. The support from 1win Charity reached nearly 2,000 people, who received drinking water, food and hygiene kits, warm meals, blankets, sleeping mats, and first-aid supplies. A member of the 1win VIP community, Valentina Gómez, and Colombian creator Yeferson Cossio visited the affected communities to deliver relief.
Earlier in the year, 1win Charity supported more than 8,000 families after the June earthquakes in Venezuela. Working alongside local emergency organizations, hospitals, and community leaders, 1win delivered food, water, hygiene products, medicines, and medical supplies across affected communities in Caracas, La Guaira, and Miranda.
In Chile, 1win Charity carried out two major relief initiatives. Following extreme rainfall, winds, and storm surges in July, 1win Charity volunteers joined cleanup and debris-removal efforts in Quillón and Bulnes, while the organization provided rescue boats, drinking water, tools, protective equipment, and other provisions to communities and emergency teams.
The response followed an earlier initiative in the wake of devastating wildfires in Biobío and Ñuble, which burned more than 34,000 hectares. At the beginning of 2026, together with professional boxer Andrés Campos and the Chilean National Content Creators, 1win Charity supplied drinking water and emergency kits. Combined, the two Chilean initiatives supported approximately 20,000 families.
“For us, a long-term commitment to Latin America means being present all the time — during the happy celebrations and when communities face their most difficult moments. Our approach is to listen to local needs, work with trusted partners, and provide practical support where it can make a real difference,” 1win Charity representatives mentioned.
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1win Charity is the philanthropic branch of 1win, dedicated to advancing sustainability, community development, and humanitarian assistance. Guided by its mission, “We Care. We Share”, the organization supports vulnerable communities worldwide through programs focused on emergency relief, healthcare, education, and sustainable development. Working in partnership with nonprofit organizations, local institutions, and community leaders, 1win Charity develops initiatives that create lasting social impact.
Chinese President Xi Jinping arrived in Cairo for a state visit on Tuesday night, opening talks with President Abdel Fattah el-Sisi as Beijing seeks stronger ties with a pivotal Arab partner amid questions over Washington’s regional role. Xi, accompanied by his wife Peng Liyuan, was received at Cairo International Airport by Sisi and Egypt’s first lady, Entissar el-Sisi. The visit is Xi’s first to Egypt in a […]
Matein Khalid It is ironic that Opec, born as the brainchild of a nationalist Venezuelan oil minister in 1960, could die in 2027 as a result of events in that country. US President Donald Trump’s seizure of leader Nicolás Maduro in a military raid on Caracas and ambition to control 65 billion barrels of a vassal state’s proven oil reserves are triggering a seismic geopolitical realignment with […]
Russian President Vladimir Putin met Iranian President Masoud Pezeshkian in Bishkek on Tuesday, opening bilateral talks on the sidelines of the Shanghai Cooperation Organisation summit as Tehran confronts renewed military tensions with the United States. The Kremlin confirmed that Putin was holding a meeting with Pezeshkian during the gathering in Kyrgyzstan, where leaders of the 10-member SCO assembled for the organisation’s 25th anniversary summit. The talks brought […]
President Donald Trump has dismissed concerns that the six-month conflict with Iran is depleting US firepower, describing the fighting as a comparatively small war even as American and Iranian forces exchanged strikes after about a month of reduced direct combat. “This is a relatively little war for us,” Trump told reporters on Monday. “This is not a big war.” Trump also rejected warnings that prolonged operations could […]
Matein Khalid Chinese fast-fashion giant Shein is set to list in Hong Kong on September 1 at a valuation of up to $27 billion. That is less than half the $64 billion valuation at which Abu Dhabi sovereign wealth fund Mubadala invested in 2023. It is a brutal comedown for a retailer once expected to be worth $100 billion. My knowledge of sartorial retailing is admittedly less than encyclopaedic. Yet I […]
Arabian Post Staff -Dubai Jordanian air defences intercepted and destroyed eight missiles early Monday as Iran launched retaliatory attacks against US military facilities in Jordan following an American strike on Iranian forces near the Strait of Hormuz. The Jordan Armed Forces said the missiles had penetrated the kingdom’s airspace and were destroyed before they could threaten civilians or property. Its statement did not identify the missiles’ origin, […]
Arabian Post Staff -Dubai US and Iranian forces exchanged direct attacks on Sunday for the first time in about a month, with Washington striking two Iranian launchers on Larak Island and Tehran answering with missile attacks aimed at US military sites in Jordan. Jordan’s armed forces said on Monday that its air defence systems intercepted eight missiles that entered the kingdom’s airspace at dawn. The military said […]
US lawmakers renewed demands for President Donald Trump to end the war with Iran as the conflict passed its six-month mark, while the White House shifted emphasis towards economic pressure and Trump signalled no urgency to restart negotiations. Republican Representative Thomas Massie and senior Democrats used Friday’s milestone to challenge a war that began on February 28 with coordinated US and Israeli strikes. Massie said the conflict […]
The agreement emerged from the inaugural meeting of the India-Kuwait Joint Defence Committee in New Delhi on August 28, marking the first formal session of the mechanism created to institutionalise expanding security and military ties.
The talks were co-chaired by Joint Secretary Amitabh Prasad and Brigadier General Raed Alsakran, who headed a five-member delegation from Kuwait. India’s delegation brought together representatives of the Army, Navy and Air Force along with officials from the Department of Defence Production, Defence Research and Development Organisation, Armed Forces Medical Services and Ministry of External Affairs.
Both sides identified training and military exercises as priority areas, opening the possibility of greater exchanges between personnel and institutions. Military medicine and structured staff talks were also placed on the cooperation agenda, potentially creating regular channels through which officers can exchange operational experience and develop closer institutional links.
Defence manufacturing formed another important component of the discussions. The Kuwaiti delegation visited DPSU Bhawan in New Delhi and held talks with representatives of India’s defence industry on potential areas of cooperation. A separate interaction with industry representatives was also included in the delegation’s programme, indicating that commercial and technological partnerships are becoming a stronger part of the bilateral defence relationship.
The engagement gives practical momentum to the memorandum of understanding on defence cooperation signed during Prime Minister Narendra Modi’s visit to Kuwait on December 21-22, 2024. The agreement was designed to institutionalise cooperation in training, exchanges of personnel and experts, joint exercises, defence manufacturing, supply of military equipment and research and development.
That visit also saw India and Kuwait elevate their relationship to a strategic partnership, broadening a relationship traditionally centred on energy, trade and the movement of people. Defence and security have since gained greater prominence as both governments seek more structured engagement amid shifting geopolitical and security conditions across the Gulf and wider West Asian region.
The Joint Defence Committee provides a mechanism through which the provisions of the 2024 agreement can be translated into programmes, exchanges and projects. Its composition also reflects the wide scope envisaged for cooperation, extending beyond conventional military contacts into medical services, technology development and defence manufacturing.
Kuwait has traditionally relied heavily on international suppliers for defence equipment, while India has been expanding its efforts to become a larger producer and exporter of military systems. New Delhi has been encouraging overseas partnerships for domestically manufactured weapons, platforms, electronics and support systems as defence production capacity expands.
Research and development cooperation could therefore become a significant part of the relationship. Participation by the Defence Research and Development Organisation at the committee meeting creates an institutional route for exploring technology-based projects alongside conventional equipment sales and training arrangements.
The talks also come as Kuwait broadens defence engagement with partners across Asia while navigating a complex regional security environment. Its location at the northern end of the Gulf, close to Iraq, Saudi Arabia and Iran, has made military preparedness and diversified security partnerships enduring priorities for the country.
For India, deeper defence engagement with Kuwait complements its expanding strategic relationships with Gulf Cooperation Council states. New Delhi has progressively widened military exercises, naval engagements, training programmes and defence-industry cooperation with countries across the Gulf as economic and energy relationships have developed into broader strategic ties.
Brigadier General Alsakran also laid a wreath at the National War Memorial in New Delhi ahead of the committee meeting, paying homage to fallen military personnel. The gesture formed part of a programme combining official consultations, ceremonial engagements and meetings with defence-sector representatives.
The United States has revoked the visa of former Iraq finance minister Taif Sami Mohammed Al Shakarchi after she was placed on the FBI’s terrorism watchlist, marking an extraordinary reversal in Washington’s treatment of an official it honoured four years ago for fighting corruption. The State Department confirmed on Friday that Mohammed’s visa had been cancelled following her placement on the Federal Bureau of Investigation’s Terrorist Screening […]
A Tehran-based cybersecurity academy sanctioned by Washington is recruiting hundreds of young people for its largest training programme, renewing scrutiny of Iran’s expanding pool of cyber specialists and their potential links to state-backed hacking operations. Ravin Academy is seeking between 600 and 1,200 Iranians aged 17 to 30 for a free, year-long cybersecurity scholarship programme. The initiative represents a substantial expansion for an organisation that US authorities […]
The Kospi closed 1.79% lower at 6,788.88, shedding 123.49 points and snapping a three-session advance. Samsung Electronics dropped 3.38% to 257,000 won, while SK hynix fell 4.45% to 1.653 million won as investors locked in gains following an earlier technology rally fuelled by strong results from Nvidia. Foreign and institutional investors sold a combined 2 trillion won of Seoul-listed shares, while retail investors were net buyers.
The retreat highlighted growing caution over valuations in artificial intelligence-linked stocks. Nvidia had jumped nearly 9% in the previous Wall Street session after delivering strong quarterly results and indicating that spending on artificial intelligence infrastructure remained robust. The performance initially lifted technology stocks across the region, but enthusiasm faded in Seoul as attention shifted towards interest rates and the outlook for global bond yields.
Warsh’s first keynote address as Federal Reserve chair at the annual Jackson Hole symposium became the central focus for markets. Investors were looking for guidance on how the central bank would respond to persistent inflation pressures and whether policymakers were moving closer to raising borrowing costs. Interest-rate futures before the speech indicated roughly a one-third probability of an increase at the September meeting, with markets pricing in a move by December.
Bond markets have become particularly sensitive to Federal Reserve communication after longer-term Treasury yields climbed amid concerns that inflation could remain above target. The 30-year US Treasury yield was around 5.2% on Friday after briefly exceeding 5.3%, its highest level since 2007. The 10-year yield stood near 4.67%, while the two-year yield was about 4.23% before Warsh addressed the gathering.
Elsewhere in Asia, market performances were mixed. Japan’s Nikkei advanced around 0.5%, supported by technology shares and inflation data that reinforced expectations of further monetary tightening by the Bank of Japan. Tokyo consumer inflation for August remained close to the central bank’s 2% objective, keeping expectations of another interest-rate increase alive.
Taiwanese shares gained about 1.2%, benefiting more directly from Nvidia’s strong performance because of the island’s extensive semiconductor supply chain. Hong Kong shares moved slightly lower during part of the session, while mainland Chinese equities traded in a narrow range. The CSI 300 slipped about 0.1% at one stage and the Shanghai Composite edged higher, with investors also preparing for purchasing managers’ index data due next week.
Australia’s ASX 200 gained around 0.5%, while Singapore’s Straits Times Index advanced modestly. The Nifty 50 also moved higher as technology shares supported a rebound after two sessions of losses. Regional investors nevertheless avoided large positions as the direction of US monetary policy remained the dominant influence on risk appetite.
Currency markets were similarly restrained. The dollar index hovered around 99.1 and was on course for a weekly gain. The Australian dollar performed strongly after hotter inflation data led traders to reassess the interest-rate outlook, touching a three-month high near $0.72 and extending what was set to become a ninth consecutive weekly advance.
Oil prices provided some relief for equities after falling sharply during the week. Brent crude traded around $89.6-$89.7 a barrel and was heading for a weekly decline of more than 5%, partly reflecting developments involving Iran and Oman over administration of traffic through the Strait of Hormuz. Lower energy prices eased one source of inflation concern, although geopolitical risks remained embedded in commodity markets.
Gold slipped towards $4,590 an ounce as traders awaited clearer signals on US rates. The broader MSCI Asia-Pacific index outside Japan was little changed, showing how the powerful Nvidia-led technology trade was being offset by uncertainty over monetary policy, elevated chip valuations and higher bond yields.
Arabian Post Staff -Dubai Venezuela is weighing whether to leave OPEC, raising fresh questions about the producer group’s cohesion only months after the United Arab Emirates ended its membership and further weakening the organisation’s hold over global oil supply. No final decision has been taken in Caracas, but the possibility has emerged during discussions with US officials as Venezuela seeks to rebuild its battered petroleum industry and […]
Kuwait and Pakistan have signed a new defence co-operation agreement expanding military training, operational co-ordination and security assistance as Gulf states reassess their strategic relationships during the prolonged Iran war. The Protocol Agreement-2026 was signed on Thursday, August 27, during Kuwaiti Defence Minister Sheikh Abdullah Ali Abdullah Al-Saleem Al-Sabah’s visit to Pakistan. Defence Minister Khawaja Muhammad Asif signed for Pakistan after talks focused on bilateral security ties […]
