Arabian Post Staff -Dubai Dubai has completed its first purpose-built station for electric vertical take-off and landing air taxis near Dubai International Airport, marking a tangible step in the emirate’s bid to introduce commercial aerial taxi services before the end of 2026. The four-storey facility, presented by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, is designed as the main operational hub for a new urban air […]
Arabian Post Staff -Dubai Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan used meetings in Beijing with President Xi Jinping and Premier Li Qiang to push the UAE-China relationship deeper into energy, investment, technology and industrial cooperation, as both sides sought to align long-term economic goals with a more volatile regional backdrop. The visit, which ran from April 12 to April 14, also […]
Arabian Post Staff -Dubai MENA equity issuance fell sharply in the first quarter, with companies raising just $472.9 million from equity and equity-linked deals, a drop of 91% from a year earlier, as regional volatility, weak risk appetite and a thinner pipeline combined to stall activity across primary markets. The quarter produced only five transactions, according to LSEG’s MENA Investment Banking Review for the first three months […]
Arabian Post Staff -Dubai Sequoia Capital has raised about $7 billion for a new fund, giving one of Silicon Valley’s best-known venture firms fresh firepower to back its largest and most expensive bets, especially in artificial intelligence, according to people familiar with the discussions. The fundraising marks the first major capital raise under the firm’s newer leadership era and arrives as investor appetite has swung sharply toward […]
Arabian Post Staff -Dubai Dubai has moved to widen the role of small and medium-sized enterprises in its property market after Dubai SME and Dubai Land Department signed a memorandum of understanding aimed at giving entrepreneurs greater access to owners’ associations and real-estate operations, as the emirate pushes ahead with a broader strategy to deepen private-sector participation in one of its strongest growth industries. The agreement, announced […]
Arabian Post Staff -Dubai Dubai has moved to protect its standing as a fast-rising hedge fund centre by giving financial firms more room to handle disruption linked to the Iran war, as market volatility, staffing strains and geopolitical risk test one of the emirate’s most carefully cultivated growth stories. The Dubai Financial Services Authority said on 9 April it would offer temporary, proportionate relief across licensing, governance, […]
Arabian Post Staff -Dubai Object 1 has made its first formal move into Abu Dhabi with the launch of A1LA Residence on Al Reem Island, a 171-unit residential tower that signals the developer’s intention to build a longer-term presence in the capital rather than test the market with a one-off scheme. The project, announced on Thursday, is set on one of Abu Dhabi’s busiest apartment investment corridors […]
Arabian Post Staff -Dubai Parkin Company has teamed up with SP Corporation Car Parking Management, which operates as Secure Parking, in a deal aimed at speeding the spread of barrierless parking across the UAE after the two companies brought a fully integrated system into operation at City Walk in Dubai. The partners say they have identified a pipeline of more than 60,000 parking spaces for possible future […]
Arabian Post Staff -Dubai EDGE Group and Indra Group have agreed to explore the development and production of next-generation radar systems in Brazil, extending a defence partnership that has widened from the Gulf into Europe and now Latin America. The memorandum of understanding was signed at LAAD Security 2026 in São Paulo, where both companies said the plan is intended to help build a domestic radar production […]
Arabian Post Staff -Dubai Aldar Properties has closed an AED 5 billion five-year syndicated sustainability-linked revolving credit facility, giving Abu Dhabi’s biggest listed developer a fresh layer of financial flexibility as it pushes ahead with expansion across development, investment properties and strategic capital partnerships. The senior unsecured facility, structured across conventional and Islamic tranches in dirhams and US dollars, lifts Aldar’s total available liquidity to AED 38.2 […]
Arabian Post Staff -Dubai Middle East conflict damage to energy infrastructure could leave the region facing as much as $58 billion in repair costs, according to a sharply revised estimate from Rystad Energy, with oil and gas facilities alone accounting for up to $50 billion and much of the burden falling on complex plants whose restoration may take years rather than months. The research firm said the […]
Arabian Post Staff -Dubai Qatar’s finance minister has warned that the world economy faces a far sharper hit from the Middle East conflict than markets have yet absorbed, saying the oil-price surge seen so far is only an early sign of wider damage that could spread through energy, food and industrial supply chains by May or June. Speaking at the IMF and World Bank spring meetings […]
Arabian Post Staff -Dubai Marine fuel sales at Fujairah fell to a record low in March as the US-Iran conflict upended shipping patterns, strained fuel supply chains and pushed vessels to avoid one of the Gulf’s most important refuelling hubs. Data cited by traders and market reports showed sales at the port dropped to 158,852 cubic metres, down more than 70 per cent from February and from […]
Arabian Post Staff -Dubai UAE investors are moving faster than their peers almost anywhere in the world to bring artificial intelligence into investment decision-making, with a new global study by wealth-tech firm BridgeWise placing the country second overall in its AI optimism rankings and first on “momentum”, a measure of how strongly investors intend to replace traditional research methods with AI tools over the next year. The […]
Arabian Post Staff -Dubai Gold prices steadied on Wednesday after touching a one-month high earlier in the session, with traders weighing the pull of geopolitical risk against tentative signs that Washington and Tehran could return to the negotiating table within days. The metal’s pause came as broader markets turned cautious, reflecting uncertainty over whether diplomacy will gain traction or merely offer a brief respite in a […]
Losses from hacks, phishing and other Web3 security incidents climbed to about $482.6 million in the first quarter of 2026, even as projects expanded audits, compliance work and other defensive controls. The biggest change was not simply the amount lost, but where attackers found success: away from pure code exploits and deeper into off-chain operations, user manipulation and privileged access. Data published by security firm Hacken shows […]
Arabian Post Staff -Dubai Global smartphone shipments fell in the first quarter, ending the run of growth that had followed the sector’s rebound from its 2023 downturn, as a squeeze in memory supply and higher component prices forced brands to trim volumes, raise prices and rethink launch plans. IDC said worldwide shipments declined 4.1 per cent in the January-March period, while Samsung and Apple were the only […]
Arabian Post Staff -Dubai Saudi Arabia’s Public Investment Fund has stepped up its backing of Lucid Group with a fresh $550 million investment through affiliate Ayar Third Investment Company, extending the sovereign wealth fund’s role as the electric vehicle maker’s financial anchor at a time when Lucid is trying to stabilise cash burn, repair operational strains and broaden its commercial reach. The commitment forms part of a […]
Arabian Post Staff -Dubai Apple is testing four design directions for smart glasses as it weighs a more fashion-led push into wearable computing, with premium materials and a 2027 target emerging as central themes in the company’s plans to challenge Meta in a market that is moving from novelty towards a more serious consumer category. The designs under consideration are said to include two rectangular frames and […]
Arabian Post Staff -Dubai Dubai’s Department of Economy and Tourism has signed a strategic agreement with HSBC Bank Middle East Limited aimed at drawing more multinational companies, institutional investors and high-net-worth individuals to the emirate, in a move that fits Dubai’s wider push to deepen capital inflows and strengthen its standing as a global business centre. The agreement was announced on April 13 and positions HSBC’s regional […]
Arabian Post Staff -Dubai Al Ansari Exchange has expanded its partnership with Etihad Credit Bureau, enabling individuals to obtain official credit reports through more than 285 branches across the UAE in a move that broadens physical access to personal financial data and underlines a wider push towards transparency in consumer finance. The service marks an extension of a relationship that had already covered corporate credit reports, and […]
Arabian Post Staff -Dubai Countries should avoid hoarding fuel supplies and imposing export controls that deepen shortages, the International Monetary Fund, World Bank and International Energy Agency said in Washington on Monday, as war-linked disruption in the Middle East drove oil back above $100 a barrel and sharpened fears over inflation, growth and food security. The three institutions issued the warning while opening a coordinated response aimed […]
Arabian Post Staff -Dubai Global bond markets fell on Monday as the collapse of US-Iran peace talks shifted investor attention away from hopes of de-escalation and back towards a harsher inflation outlook, with oil above $100 a barrel reinforcing bets that central banks will keep borrowing costs elevated for longer. Government bond yields moved higher across major markets as traders reassessed how persistent energy-driven price pressure could […]
Arabian Post Staff -Dubai AD Ports Group is accelerating its effort to turn itself from a Gulf port operator into a broader trade and logistics network, using expansion in Egypt, Africa, Pakistan and the Mediterranean to win a larger role in global supply chains as companies seek more resilient routes and integrated cargo services. For the Abu Dhabi-based group, 2025 marked another year of record financial growth. […]
