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arabian post staff

strait of Hormuz Iran

US and Iran intensify Hormuz confrontation

Arabian Post Staff -Dubai The United States and Iran exchanged fresh strikes overnight into Monday, deepening a military confrontation that has sharply reduced commercial traffic through the Strait of Hormuz and unsettled global energy markets. US Central Command said American forces completed another round of attacks intended to weaken Iran’s ability to threaten civilian mariners and commercial vessels using the strategic waterway. Dozens of targets were struck, […]

Abu Dhabi business licences climb as investment broadens

Arabian Post Staff -Dubai Abu Dhabi recorded a 21 per cent annual increase in new economic licences during the first quarter of 2026, signalling sustained investor demand and stronger business formation across commercial, professional and industrial activities. The number of active licences across the emirate rose 12 per cent between January and March compared with the same period last year. The expansion covered all three regions, with […]

UAE intercepts Iranian missiles and drones

Arabian Post Staff -Dubai The UAE activated its air defence network early on Sunday to intercept ballistic missiles, cruise missiles and drones launched from Iran, as a fresh exchange of attacks widened the Gulf conflict and triggered emergency alerts across several countries. The Ministry of Defence said loud sounds heard in scattered parts of the country were caused by interception operations. Fighter aircraft and ground-based systems were […]

US strikes Iran as Hormuz crisis deepens

Arabian Post Staff -Dubai The United States launched a third round of strikes on Iran this week after Tehran declared the Strait of Hormuz closed and Iranian forces attacked a Cyprus-flagged container ship attempting to cross the strategic waterway. US Central Command said President Donald Trump ordered the operation after the Islamic Revolutionary Guard Corps attacked the M/V GFS Galaxy, leaving one civilian crew member missing. The […]

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ADNOC L&S adds four LNG carriers

Arabian Post Staff -Dubai ADNOC Logistics and Services has ordered four next-generation liquefied natural gas carriers for about $900 million, expanding its shipping capacity as Abu Dhabi seeks a larger role in global gas supply and trading. The vessels, each capable of carrying 175,000 cubic metres of LNG, will be built at Jiangnan Shipyard in Shanghai and delivered in 2029. The contract raises the company’s LNG newbuild […]

e& exits Vodafone as Niel takes control

Arabian Post Staff -Dubai Abu Dhabi-based technology group e& has agreed to sell its entire 16.21% holding in Vodafone Group to an investment vehicle controlled by French telecommunications entrepreneur Xavier Niel’s family for about AED21.8 billion. The transaction covers 3,944,743,685 Vodafone ordinary shares, representing 17.13% of the company’s voting rights. Vega, the Niel family’s acquisition vehicle, will pay about 110.5 pence in cash for each share. E& […]

Emrill opens central warehouse to sharpen Dubai operations

Arabian Post Staff -Dubai Emrill has opened a central warehouse in Dubai’s Ras Al Khor district, consolidating materials storage and distribution to improve response times across its facilities management contracts in the UAE. The strategically located facility is expected to cut travel time across the company’s Dubai operations by as much as 12 minutes per journey on average. Emrill said the reduction would accelerate deliveries to client […]

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Ajman Bank expands Dubai corporate banking presence

Arabian Post Staff -Dubai Ajman Bank has opened a corporate office on Sheikh Zayed Road in Dubai, strengthening its capacity to serve companies, institutions, business owners and wealth-management clients across the UAE’s largest commercial centre. The 7,565-square-foot office has been designed as a specialised hub for corporate, business and wealth banking. It combines private meeting areas with digital screens, advanced audiovisual systems and smart technology intended to […]

Modon and ADIB widen access to off-plan homes

Arabian Post Staff -Dubai Modon Holding and Abu Dhabi Islamic Bank have agreed to offer eligible buyers financing of up to 75 per cent for homes under construction, opening a new route into Abu Dhabi’s expanding off-plan property market. The financing programme will be available exclusively for future developments launched by Modon. It is designed to provide funding during construction rather than requiring buyers to wait until […]

Oil holds weekly gains amid renewed Gulf conflict

Arabian Post Staff -Dubai Oil prices edged lower on Friday but remained on course for strong weekly gains as renewed fighting between the United States and Iran kept the risk of Middle East supply disruption firmly embedded in the market. Brent crude futures slipped 6 cents, or 0.08%, to $76.24 a barrel by 0125 GMT. US West Texas Intermediate crude fell 4 cents, or 0.06%, to $72.04. […]

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Digital Dubai expands Emirates Group platform access

Arabian Post Staff -Dubai Digital Dubai and the Emirates Group have signed a collaboration agreement to widen the aviation group’s access to Dubai’s government digital services, shared platforms and data. The agreement is designed to improve employee experience, accelerate internal processes and strengthen operational efficiency across a workforce of more than 130,000 people. It also creates a framework for systems integration, secure data exchange and wider use […]

Azentio readies UAE firms for e-invoicing

Arabian Post Staff -Dubai Azentio Software has launched a UAE e-invoicing solution inside its enterprise resource planning platform, positioning the product around the Federal Tax Authority mandate that will begin applying to large businesses from January 2027. The Dubai announcement follows Azentio’s designation as a pre-approved Accredited Service Provider by the Ministry of Finance, a status that places the company among technology vendors preparing to connect businesses […]

Keyper funding targets UAE rent overhaul

Arabian Post Staff -Dubai Keyper has raised US$11 million in Series A funding to expand its monthly rent payment platform and digital property infrastructure across the UAE, as tenants and landlords adjust to a housing market under pressure from high demand, rising rents and changing payment expectations. The round was backed by Speedinvest, Mashreq’s NeoVentures, Middle East Venture Partners, Dubai Future District Fund, Property Finder and other […]

US strikes widen Iran Gulf confrontation

Arabian Post Staff -Dubai US forces hit about 90 targets along Iran’s coast on Wednesday, extending military action for a second straight day and deepening doubts over efforts to turn a fragile truce into a permanent peace deal. US Central Command said the operation was designed to weaken Tehran’s ability to attack commercial shipping and civilian mariners in the Strait of Hormuz, the narrow waterway through which […]

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Almarai sales climb as cost pressures persist

Arabian Post Staff -Dubai Almarai’s second-quarter revenue rose 11 per cent year on year to SAR5.87 billion, as stronger demand for dairy, poultry and bakery products helped the Riyadh-listed food group absorb higher shipping, energy and raw material costs. The company’s first-half revenue reached SAR12.03 billion, up 9 per cent from the same period last year, reinforcing its position as one of the Gulf’s most closely watched […]

RAK housing pipeline gathers pace toward 2030

Arabian Post Staff -Dubai Ras Al Khaimah is preparing for one of the largest residential supply expansions in its history, with 25,600 new homes expected to be delivered by 2030 as developers accelerate launches around waterfront districts, branded residences and lifestyle-led communities. The new supply pipeline, tracked by Cavendish Maxwell, is heavily weighted towards apartments, which account for 97 per cent of planned stock. The figure underlines […]

Iran strikes US sites as truce falters

Arabian Post Staff -Dubai Iran’s Revolutionary Guards said they fired missiles and drones at US military facilities in Bahrain and Kuwait on Wednesday, widening a confrontation that has put a fragile ceasefire under severe strain after US strikes on Iranian targets near the Strait of Hormuz. The Islamic Revolutionary Guard Corps said the operation hit sites linked to the US Fifth Fleet in Bahrain and Ali Al […]

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Du Pay links GCash for faster remittances

Arabian Post Staff -Dubai Du Pay has signed a strategic memorandum of understanding with GCash to enable near-instant wallet-to-wallet remittances from the UAE to the Philippines, giving overseas Filipino workers a faster route to send money home and access exclusive rewards tied to digital transfers. The partnership connects du Pay’s mobile wallet in the UAE with GCash accounts in the Philippines, allowing funds sent through the du […]

ADNEC lifts Abu Dhabi events economy

Arabian Post Staff -Dubai ADNEC Group delivered AED9.2 billion in economic impact in 2025, marking its strongest annual performance and strengthening Abu Dhabi’s position as a regional centre for exhibitions, conferences, hospitality and business tourism. The figure represented an 8 per cent rise from AED8.5 billion in 2024, supported by higher event activity, stronger visitor flows and deeper integration across venues, events, services, catering, tourism and media. […]

ADNOC decarbonization investment 1068x614 1

ADNOC deepens Africa push with Shell deal

Arabian Post Staff -Dubai ADNOC Distribution has agreed to buy Shell Downstream South Africa from Shell South Africa Holdings in a transaction that values the business at about $1 billion, giving the Abu Dhabi-listed fuel retailer a large platform in one of Africa’s most developed downstream markets. The definitive agreement covers 100% of SDSA’s share capital, before adjustments for net debt and working capital. Completion is expected […]

Saudi cuts crude prices as Asia supply swells

Arabian Post Staff -Dubai Saudi Arabia has slashed the price of its flagship crude for Asian buyers by the widest margin in more than two decades, signalling a tougher fight for market share as rising supply and softer demand reshape the oil trade. Saudi Aramco cut the August official selling price of Arab Light crude by $11 a barrel, setting it at $1.50 below the Oman-Dubai average, […]

DMCC opens cyber hub for tech firms

Arabian Post Staff -Dubai DMCC has launched a dedicated cybersecurity vertical as part of a wider restructuring of its technology ecosystem, bringing more than 4,000 technology companies under the newly formalised DMCC Tech platform. The new unit, DMCC Cyber, is designed to support businesses working across cyber resilience, digital trust, data protection, identity management, and governance, risk and compliance. It will sit alongside the DMCC AI Centre, […]

BARQ Systems joins ServiceNow for MENA automation

Arabian Post Staff -Dubai BARQ Systems has formed a regional partnership with ServiceNow to speed up digital transformation and enterprise automation across the Middle East and North Africa, targeting organisations that are moving from isolated technology upgrades to AI-enabled operating models. The collaboration is designed to help enterprises use the ServiceNow AI Platform to convert complex workflows into automated, data-led processes across IT, customer service, human resources […]

UAE drives Gulf building pipeline

Arabian Post Staff -Dubai The UAE has emerged as the GCC’s busiest confirmed construction market, with 700 execution-ready projects valued at $138 billion, underscoring the country’s shift from post-boom recovery to a broader phase of active development across real estate, energy, infrastructure and specialised industrial assets. Saudi Arabia ranks close behind by project count, with 628 confirmed schemes, though its pipeline is larger in value terms at […]

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