Arabian Post Staff -Dubai Shares of Larsen & Toubro fell sharply in early trading on January 13, extending losses after reports indicated that Kuwait is weighing the cancellation of oil and gas project tenders with an estimated value of $8.7 billion, a development that unsettled investors exposed to the company’s hydrocarbons order book. The stock dropped close to 3 per cent during morning deals, touching a one-month […]
Dubai’s financial regulator will bar privacy-enhancing cryptoassets from operating inside its main international finance hub from January 12, 2026, sharpening the emirate’s stance on anti-money laundering and sanctions compliance while tightening how stablecoins can be issued and used. The decision by the Dubai Financial Services Authority applies within the Dubai International Financial Centre and prohibits regulated firms from trading, holding, promoting or facilitating privacy tokens and transaction-obfuscation […]
Arabian Post Staff -Dubai Saudi Basic Industries Corporation has agreed to divest its European petrochemicals arm and its engineering thermoplastics operations across the Americas and Europe, marking a significant portfolio shift by the chemical producer as it sharpens its focus on core businesses. The company said it has signed a definitive agreement with Germany’s AEQUITA SE & Co. KGaA to sell 100 per cent of its shares […]
Arabian Post Staff -Dubai Saudi-based developer Dar Global has confirmed plans to launch two Trump-branded luxury developments in Riyadh and Jeddah with a combined value of about $10 billion, marking one of the most ambitious foreign-branded property ventures tied to the kingdom’s urban transformation drive. Chief executive Ziad El Chaar said the projects will anchor premium hospitality, residential and leisure offerings in locations central to Saudi Arabia’s […]
Arabian Post Staff -Dubai Price cuts on a Donkey Kong-themed wireless controller are drawing attention across the Nintendo accessories market, as retailers deepen discounts on officially licensed hardware designed for both current and next-generation consoles. The promotion centres on the Turtle Beach Rematch Wireless Controller: Donkey Kong Edition, now selling for $41.61, down from $60, with select shoppers able to apply an additional coupon that lowers the […]
Arabian Post Staff -Dubai Saudi Arabia has moved to open its real estate market to foreign ownership, marking one of the most consequential shifts in the Kingdom’s investment policy as it seeks to diversify its economy and deepen capital inflows beyond hydrocarbons. The reform allows non-Saudis to buy a broad range of properties, including residential, commercial, agricultural and industrial assets, with the option to purchase land for […]
Arabian Post Staff -Dubai Nintendo has opened preorders for a new Light Purple and Light Green Joy-Con 2 controller set priced at $100, expanding the accessory line-up for the forthcoming Switch 2 ahead of a February 12 release. The controllers are listed across major retailers including Amazon, Best Buy, Target and GameStop, signalling a coordinated retail push as Nintendo prepares the next phase of its hardware cycle. […]
Arabian Post Staff -Dubai Dubai is positioning itself as a magnet for global content creators, with the Dubai Chamber of Digital Economy setting out the emirate’s pitch as a base where talent, technology and market access converge. The chamber says Dubai’s ability to attract specialised creative professionals, alongside its digital infrastructure and business-friendly regulation, has become a decisive advantage for creators who depend on high-end production teams […]
Arabian Post Staff -Dubai Airlines operating from the Gulf sharply curtailed services to Iran on Friday as unrest inside the country prompted rapid operational reviews, disrupting travel links between Dubai, Doha and several Iranian cities while carriers weighed safety and regulatory considerations. Schedules published by Dubai’s airport operator showed multiple cancellations on routes linking Dubai with Tehran, Shiraz and Mashhad. A spokesperson for flydubai said all services […]
Crypto exchange OKX has cut a significant portion of staff from its institutional business as part of a wider global restructuring, people familiar with the matter said, marking one of the most substantial internal overhauls at the company since it began expanding beyond retail trading. According to one source with knowledge of the changes, roughly one-third of the institutional sales team has exited, either through redundancies or […]
Arabian Post Staff -Dubai Aldar Properties PJSC has priced $1 billion of subordinated dated hybrid notes, securing long-term capital to support its expansion plans as demand for Gulf real estate assets continues to draw global investors. The Abu Dhabi-based developer said the transaction was met with strong interest from international institutional accounts, reflecting confidence in its balance sheet and strategy at a time when funding costs […]
Arabian Post Staff -Dubai Abu Dhabi Fund for Development has unveiled a new financing push aimed at reshaping how water projects are funded and delivered across developing economies, signalling a shift towards larger-scale capital mobilisation and technology-led solutions. The initiative, branded as the Abu Dhabi Global Water Platform, sets out to mobilise $2 billion from domestic and international financiers to back projects that improve water access, […]
Arabian Post Staff -Dubai UAE’s national railway operator Etihad Rail has outlined the rollout of the country’s first passenger railway network, marking a significant expansion of the federal transport system that will connect 11 cities and regions through a series of strategically located stations scheduled to become operational this year. The passenger rail service builds on the national freight network that has been running since 2023 and […]
Arabian Post Staff -Dubai Lenovo has lifted the curtain on a self-charging keyboard and mouse concept that draws power entirely from indoor light, a move that signals how peripheral design is being rethought as offices push for lower energy use and reduced electronic waste. Unveiled at CES 2026, the concept pair dispenses with disposable batteries and charging cables, relying instead on ambient illumination common to workplaces and […]
Arabian Post Staff -Dubai Turkish Airlines has broken ground on a broad package of infrastructure projects valued at more than 100 billion lira, signalling a long-term commitment to expand capacity, resilience and training as global aviation demand continues to normalise. The carrier said the programme, equivalent to about $2.3 billion at prevailing exchange rates, spans eight new facilities across several locations in Türkiye and is designed to […]
Arabian Post Staff -Dubai Sharjah Public Libraries has drawn its centennial programme to a close after a year of events that traced a century of public access to knowledge in the emirate, ending with a children’s puppet theatre performance at the Heart of Sharjah and creative workshops at Kshisha Park. The finale brought together families, educators and cultural practitioners, reflecting the institution’s long-standing focus on literacy, learning […]
Arabian Post Staff -Dubai Humid and changeable conditions are set to prevail across the UAE from Friday through Tuesday, with partly cloudy skies, the possibility of mist or light fog during early hours, and a chance of isolated rainfall, particularly over eastern and northern areas. Forecast guidance points to elevated humidity levels during the night and early morning, increasing the likelihood of reduced visibility in some inland […]
Arabian Post Staff -Dubai Las Vegas — Yarbo used CES 2026 to sharpen its pitch that outdoor maintenance can be handled by a single, adaptable robot rather than a shed full of specialised machines. The company presented updates to its modular “yard robot system”, arguing that advances in onboard intelligence, perception and autonomy are bringing the category closer to everyday household use rather than niche early adopters. […]
Arabian Post Staff -Dubai Abu Dhabi’s Ethmar International Holding has partnered with Guggenheim Brothers Media to launch a multi-million-dollar investment fund aimed at backing emerging media and technology companies, positioning the venture at the intersection of capital, content and digital innovation. The new fund, announced by the two groups, is designed to provide growth capital to early- and mid-stage firms developing technologies and platforms that serve film, […]
Arabian Post Staff -Dubai Economic momentum across the UAE is building faster than earlier projections, with gross domestic product expected to expand by about 5% this year, outpacing the global average and reinforcing the country’s position as one of the strongest performers among emerging and developed markets alike. The revised outlook reflects resilient trade flows, deep banking liquidity and sustained expansion across non-oil sectors that have insulated […]
Arabian Post Staff -Dubai Dubai Aerospace Enterprise Ltd has moved to the market with a mandate for a benchmark-sized, dollar-denominated Regulation S senior unsecured bond with a seven-year tenor, marking a strategic step in its funding programme amid steady demand for aviation finance assets. The transaction, expected to draw interest from global fixed-income investors, reflects confidence in the aircraft leasing sector’s cash-flow resilience and in the issuer’s […]
Arabian Post Staff -Dubai Motorola used the Lenovo Tech World Showcase alongside CES 2026 to outline a sharpened strategy for premium smartphones, unveiling a new Razr foldable and a broader flagship portfolio designed to embed artificial intelligence deeper into everyday mobile use. The announcements signal a renewed attempt by the Lenovo-owned brand to regain momentum in the high-end segment, where competition from Samsung, Apple and fast-rising Chinese […]
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Arabian Post Staff -Dubai Saudi Arabia will allow all foreign investors to participate directly in its financial markets from February 1, marking a significant liberalisation as the kingdom intensifies efforts to draw sustained overseas capital and deepen market liquidity. The policy shift removes longstanding eligibility thresholds that limited access to a narrower group of institutions, signalling a more open framework aligned with global investment practices. The […]
Arabian Post Staff -Dubai Emirates NBD has raised a combined $1 billion through blue and green sustainability-linked bonds, signalling sustained investor appetite for environmentally themed debt from the Gulf’s largest banking groups despite volatile global credit markets. The transaction drew orders exceeding $2 billion, underscoring strong demand from international asset managers, insurers and regional institutions seeking exposure to ESG-aligned issuers with solid balance sheets. The issuance […]
