Aston Martin is exploring the sale of branding rights linked to its Formula One team as the luxury carmaker warns that losses are set to deepen, underscoring the financial strain facing one of Britain’s most storied automotive marques. The company said it is assessing options to monetise the commercial value of the Aston Martin name within Formula One, a move that could involve selling or licensing branding […]
Belgian accessories brand Kipling is sharpening its focus on the Gulf as it unveils a redesigned flagship at Dubai Mall, betting that immersive retail and a renewed emphasis on its playful DNA will reconnect it with shoppers across the region. Domitille Parent, a senior executive overseeing the label’s regional strategy, said the store’s overhaul marks more than a cosmetic refresh. It signals a broader repositioning aimed […]
Arabian Post Staff -Dubai A strategic partnership signed in Riyadh this week is aimed at transforming veterinary vaccine production in Saudi Arabia through domestic manufacturing and advanced technology transfers, marking a decisive shift in the Kingdom’s approach to animal health and biosecurity. Under the patronage of Abdulrahman bin Abdulmohsen Al-Fadhli, Minister of Environment, Water and Agriculture and chairman of the National Livestock and Fisheries Development Program, Saudi […]
Mayo Clinic Platform is positioning the Gulf as a proving ground for a new generation of data-driven healthcare, with its chief operating officer Maneesh Goyal outlining plans to expand the organisation’s digital ecosystem and deploy two flagship offerings, Orchestrate and Insights, across the region. Speaking on the sidelines of World Health Expo Dubai 2026, Goyal said the future of medicine will be shaped less by individual hospitals […]
Saudi Arabia’s state-owned artificial intelligence company Humain has committed $3 billion to Elon Musk’s AI venture xAI as part of a substantial funding round conducted just before the startup was brought under the umbrella of his space technology firm SpaceX. The deal immediately positioned Humain as a significant minority shareholder, with its equity in xAI converted into SpaceX shares after the acquisition, the company said. The transaction […]
Arabian Post Staff -Dubai Saudi Arabian Oil Co, known globally as Saudi Aramco, is forecast to post a net profit of 91.9 billion Saudi riyals in the fourth quarter of 2025, marking a 5.9 per cent increase compared to the same period a year earlier but a 5.5 per cent decline from the third quarter, according to earnings estimates by AlJazira Capital. The projections reflect the […]
In the dynamic and demanding construction landscape of Saudi Arabia, where ambitious projects under Vision 2030 set a relentless pace, managing growth effectively is the ultimate challenge. Companies face a constant battle against cost overruns, project delays, and the intricate web of compliance regulations. Success in this environment requires more than just skilled labor and heavy machinery; it demands seamless operational control and real-time financial insight. This […]
Arabian Post Staff -Dubai APM Terminals has agreed to acquire a 37.5 per cent stake in the South Container Terminal at Jeddah Islamic Port, marking a strategic partnership with DP World in one of the Red Sea’s most significant trade gateways. The deal, confirmed by both companies on Wednesday, will see the subsidiary of Denmark-based shipping group A. P. Moller-Maersk join DP World in the ownership of […]
United Arab Emirates and Saudi Arabia are set to dominate Middle East sustainable bond issuance this year, with total regional volumes projected to reach between $20 billion and $25 billion, according to S&P Global, as governments and corporations accelerate funding for climate and energy transition goals. The ratings agency estimates that the two largest Gulf economies already accounted for about 80 per cent of sustainable bond issuance […]
An Iraqi-Emirati consortium is advancing plans for a $700 million subsea and terrestrial data cable connecting the United Arab Emirates to Turkey through Iraq, signalling intensifying competition among Gulf states to dominate regional digital infrastructure. One of the project’s backers confirmed that the system would run from the UAE across Iraqi territory before linking into Turkey’s networks, providing a new high-capacity route between the Gulf and […]
Arabian Post Staff -Dubai Smart Accommodation for Residential Complexes Company, a subsidiary of the Public Investment Fund, has signed a non-binding Heads of Terms agreement with Tamimi Group to develop a 4,000-bed staff accommodation complex in Riyadh, marking one of the larger purpose-built housing projects aimed at supporting the kingdom’s expanding workforce. The proposed development, announced on 17 February, will be located in the capital and is […]
ByteDance is said to be in advanced negotiations to sell Shanghai-based game developer Moonton Technology — the studio behind Mobile Legends: Bang Bang — to the Saudi-backed Savvy Games Group in a transaction valued at between $6 billion and $7 billion, with talks progressing toward a possible deal this quarter. Both parties have reportedly agreed on broad commercial terms, marking a significant shift in ByteDance’s strategy and […]
The Al-Khayyat family, a Syrian-Qatari business dynasty that rose to prominence in Doha through ventures such as Baladna dairy and Power International Holding, is accelerating its involvement in rebuilding Syria’s economy as Damascus opens up to foreign investment after years of conflict. Brothers Moutaz and Ramez Al-Khayyat, chairing sprawling conglomerates that span food, construction, energy and financial services, are spearheading a wave of deals that could shape […]
Arabian Post Staff -Dubai Havelock One Interiors has completed the full fit-out of SOCO, a new family entertainment concept developed by Majid Al Futtaim Entertainment and launched at City Centre Mirdif in Dubai, marking another high-profile addition to the region’s expanding leisure and lifestyle sector. The Bahrain-headquartered interior fit-out specialist said the project involved the turnkey delivery of a multi-zone “social jungle” environment designed to blend interactive […]
Arabian Post Staff -Dubai Abu Dhabi has test-launched the country’s first hybrid rocket developed entirely within the UAE, signalling a significant advance in its ambition to build an indigenous space technology base. The Technology Innovation Institute confirmed that the rocket’s propulsion system was fully designed, manufactured, integrated and operated by Emirati engineers, a development officials described as a pivotal step towards sovereign launch capability. The suborbital test, […]
Arabian Post Staff -Dubai Red Sea Museum will open a major exhibition titled Sunken Treasures: The Maritime Heritage of the Red Sea on February 25, running until May 29, 2026, placing centuries of seafaring history at the centre of Saudi Arabia’s expanding cultural agenda. Organised by the Museums Commission under the Ministry of Culture, the showcase is set to feature artefacts recovered from shipwrecks, navigational tools, archival […]
Arabian Post Staff -Dubai Saudi Arabia is accelerating a transformation of Mecca’s property market, opening parts of the holy city to foreign investment as lower oil prices strain state finances and flagship mega projects such as Neom undergo recalibration. Cranes line new promenades leading towards the Grand Mosque, where swathes of older neighbourhoods have been cleared to make way for high-rise hotels and mixed-use towers designed to […]
Arabian Post Staff -Dubai Cristiano Ronaldo returned to Al Nassr’s starting line-up on Saturday night and marked the occasion with the opening goal in a 2-0 victory over Al Fateh, reinforcing his influence on the Riyadh club’s title ambitions. Back in action after missing the previous fixture, the Portugal captain needed little time to reassert himself. Leading the line with customary authority, Ronaldo broke the deadlock in […]
Arabian Post Staff -Dubai Saudi Arabia has stepped up efforts to localise vaccine and pharmaceutical manufacturing, with Industry and Mineral Resources Minister Bandar Alkhorayef holding high-level talks in Lyon aimed at accelerating biopharmaceutical production within the Kingdom. During meetings with Thomas Triomphe, Executive Vice President and Head of Vaccines at Sanofi, the minister explored pathways for industrial collaboration that would anchor advanced vaccine manufacturing in Saudi Arabia. […]
OPEC+ is signalling a shift back to increasing oil output from April as producers prepare for stronger demand through the summer months, according to multiple officials and industry delegates ahead of a key March meeting. The coalition, led by core producers such as Saudi Arabia and the United Arab Emirates, paused monthly output rises for the first quarter amid concerns over supply gluts, but growing market confidence […]
Construction of the first 200 megawatts of the Stargate Data Centre project in the UAE is advancing, according to ALEC Holdings, as structural works near completion and major mechanical and electrical installations gather pace. ALEC, a subsidiary of the Investment Corporation of Dubai, informed the Dubai Financial Market that building structures have been erected and that mechanical, electrical and plumbing works are well under way. The update […]
Arabian Post Staff -Dubai Capital is moving with greater intensity between Gulf and Asian debt markets as issuers and investors seek stability and yield in a volatile global environment. Bankers and asset managers say order books for Middle Eastern sovereign and corporate bonds are showing a rising share of allocations to Asia-based funds, while Gulf investors are increasing exposure to Asian credit, particularly China. The shift reflects […]
RIYADH – Ruyah Faidah (Vision Plus), the Saudi subsidiary of the digital tech leader 3D Factory Korea, has reached a historic milestone with its landmark project atop Al-Hada Mountain. The company announced today that the installation has received official pre-approval from Guinness World Records for the “World’s Highest Mountain Media Facade.” Standing at an altitude of 1,738 meters, the massive digital installation functions as a strategic “digital […]
Arabian Post Staff -Dubai Saudi Aramco has begun selling oil produced from its Jafurah field, marking the first reported export linked to the kingdom’s $100 billion unconventional gas development and signalling a new phase in one of the world’s largest energy projects. The state-controlled energy giant confirmed that condensate and associated liquids from Jafurah have entered commercial channels, underscoring Riyadh’s push to monetise resources from a field […]
