Articles written by
arabian post staff

Mubadala backs renewables software growth

Arabian Post Staff -Dubai Mubadala Investment Company has taken a significant minority stake in Power Factors, deepening Abu Dhabi’s exposure to the software layer of the global renewable energy industry as operators confront larger, more complex and increasingly hybrid clean-power portfolios. The transaction brings Mubadala alongside Vista Equity Partners, the existing investor in Power Factors, and positions the Abu Dhabi-based global investor behind a company whose systems […]

DIFC deepens global insurance reach

Arabian Post Staff -Dubai Dubai’s financial free zone has strengthened its standing as a global insurance centre after gross written premiums climbed to $4.2 billion in 2025, up 20 per cent from $3.5 billion a year earlier. Underwriting volumes at Dubai International Financial Centre have doubled since 2022, marking a sharp expansion in the emirate’s role as a booking, structuring and specialist underwriting platform for risks flowing […]

Almarai expands paediatric rheumatism care support

Arabian Post Staff -Dubai Almarai has signed a one-year agreement in Riyadh to provide essential medication for children living with rheumatism, widening private-sector support for families facing long-term treatment costs and limited access to specialised care. The agreement with the Charitable Association for Rheumatism Patients is aimed at children whose health can deteriorate when diagnosis, medication and follow-up care are delayed or interrupted. The initiative is […]

ADNOC Drilling sharpens manufacturing pivot

Arabian Post Staff -Dubai ADNOC Drilling is targeting an equal revenue split between its core drilling business and manufacturing-linked oilfield services within five years, signalling a deeper push into local industrial capacity as Abu Dhabi’s energy sector widens its role beyond upstream operations. Youssef Salem, Chief Financial Officer of ADNOC Drilling, said the company aims to generate about 50 per cent of revenue from drilling and 50 […]

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Hormuz pause puts Iran deal in focus

Arabian Post Staff -Dubai US President Donald Trump has temporarily halted Washington’s ship-escort operation through the Strait of Hormuz, saying talks with Tehran have made “great progress” toward a wider settlement after weeks of disruption to one of the world’s most critical energy corridors. The pause, announced on Tuesday, came only hours after Secretary of State Marco Rubio detailed a US effort that began on Monday […]

EDGE deepens electronics supply push

Arabian Post Staff -Dubai Abu Dhabi’s EDGE Group and France-headquartered ICAPE Group have signed an agreement to explore joint development and local supply of critical electronic subsystems, strengthening the UAE’s drive to build more resilient defence and advanced-technology manufacturing chains. The memorandum of understanding was signed on 5 May at Make it in the Emirates 2026 in Abu Dhabi, where industrial localisation, supply-chain security and high-value manufacturing […]

Parkin widens reach through Sharjah deal

Arabian Post Staff -Dubai Parkin has signed a long-term framework agreement with Arada to operate parking assets at Aljada in Sharjah, marking the Dubai-listed company’s first expansion into the emirate and a key step in its plan to grow beyond its home market. The agreement appoints Parkin as the sole parking operator at Arada’s flagship mixed-use Aljada development, where up to 9,900 spaces will be brought into […]

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ADFBC and ADIB deepen family enterprise support

Arabian Post Staff -Dubai Abu Dhabi’s family business ecosystem is set for a new layer of banking support after the Abu Dhabi Family Business Council signed a memorandum of understanding with Abu Dhabi Islamic Bank to provide tailored financial services, priority banking access and dedicated digital channels for member companies. The agreement establishes a structured framework for cooperation between ADFBC and ADIB, bringing together a council […]

AD Ports deepens inland logistics reach

Arabian Post Staff -Dubai AD Ports Group has signed a memorandum of understanding with CMA Terminals Khalifa Port and CMA CGM Group to extend container logistics beyond Khalifa Port into inland markets across the UAE and the wider region, sharpening Abu Dhabi’s bid to become a more integrated trade and distribution hub. The agreement, signed on Tuesday, brings together AD Ports Group’s consolidated inland intermodal network with […]

Man Group deepens Abu Dhabi fund rush

Arabian Post Staff -Dubai London-listed Man Group is moving to establish an office in Abu Dhabi, adding fresh momentum to the UAE capital’s drive to become a larger global centre for hedge funds, alternative assets and private capital. The firm, one of the world’s biggest publicly traded hedge fund managers, has applied for a Category 3A licence at Abu Dhabi Global Market, the emirate’s international financial centre. […]

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UAE defences blunt new aerial assault

Arabian Post Staff -Dubai UAE authorities condemned a wave of missile and drone attacks on civilian sites after national air defence systems intercepted 12 ballistic missiles, three cruise missiles and four unmanned aerial vehicles on May 4, preventing wider damage in an escalation that has sharpened security concerns across the Gulf. Three people suffered moderate injuries and were taken to hospital, with officials identifying them as […]

City Tower reshapes Dubai leasing

Arabian Post Staff -Dubai Betterhomes has launched City Tower for long-term leasing on Sheikh Zayed Road, positioning the 93-storey address as a high-specification rental option for tenants seeking central Dubai access without entering the ownership market. The exclusive leasing mandate, delivered in collaboration with H&H Properties, places the tower in one of the city’s most visible urban corridors, between Dubai International Financial Centre, Downtown Dubai and Jumeirah. […]

DXB restores flight rhythm after airspace strain

Arabian Post Staff -Dubai Dubai International is moving to rebuild flight momentum after weeks of regional airspace disruption forced airlines to redraw schedules, trim frequencies and manage passenger flows through one of the world’s most important long-haul transit corridors. Dubai Airports said UAE airspace has now been fully restored, allowing DXB to increase daily flight movements in step with available regional routing capacity. The airport operator is […]

Opaque deepens trusted AI push

Arabian Post Staff -Dubai OPAQUE has acquired cryptographic AI technologies developed in Abu Dhabi, expanding its confidential AI platform into model training, agentic workflows and post-quantum protection for enterprises handling highly sensitive data. The deal links OPAQUE, a San Francisco-headquartered confidential AI company founded by researchers from UC Berkeley’s RISELab, with the Technology Innovation Institute, the applied research arm of Abu Dhabi’s Advanced Technology Research Council. The […]

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Opec+ lifts quotas to steady oil markets

Arabian Post Staff -Dubai Saudi Arabia, Russia and five other Opec+ producers agreed on Sunday to raise their collective oil production quota by 188,000 barrels per day from June, pressing ahead with a planned supply increase despite severe disruption to Gulf exports and the UAE’s exit from the alliance. The decision was taken at a virtual meeting of Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman, […]

ADNOC sharpens its energy expansion

Arabian Post Staff -Dubai Abu Dhabi National Oil Company will award Dh200 billion worth of project contracts between 2026 and 2028, marking one of the largest new execution phases in the Gulf energy sector as Abu Dhabi moves to expand capacity, secure supply chains and deepen local manufacturing. The planned awards, equivalent to about $55 billion, form the first major tranche of ADNOC’s $150 billion capital expenditure […]

RAK sharpens counterfeit goods warning

Arabian Post Staff -Dubai Ras Al Khaimah’s economic regulator has stepped up public and business awareness over counterfeit goods, warning that fake products threaten consumer safety, undermine legitimate traders and expose offenders to serious legal action. The Ras Al Khaimah Department of Economic Development, through its Commercial Control and Protection Department, carried out an awareness campaign titled “Protect Your Products from Counterfeiting” as part of wider efforts […]

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Uber tightens Hong Kong taxi grip

Arabian Post Staff -Dubai Uber Technologies has agreed to acquire FlyTaxi, strengthening its position in Hong Kong’s fast-changing point-to-point transport market as the city prepares to bring ride-hailing platforms under a formal licensing regime. The deal gives Uber control of one of Hong Kong’s main remaining independent taxi-hailing apps and adds to its earlier acquisition of HKTaxi, deepening its reach into the licensed taxi trade. FlyTaxi is […]

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Trump hardens pressure on Tehran

Arabian Post Staff -Dubai US President Donald Trump urged Iran to “get smart soon” and agree to a deal as Washington weighed a longer blockade of Iranian ports, raising the stakes in a confrontation that has already unsettled energy markets, shipping routes and diplomacy across the Gulf. Trump’s message on Truth Social followed several days of stalled contacts aimed at ending the conflict and securing restrictions on […]

Samsung’s AI glasses push meets memory squeeze

Arabian Post Staff -Dubai Samsung Electronics has signalled plans to expand its wearable device ambitions into AI glasses, even as it warned that a deepening global memory shortage could intensify through 2027 and raise costs across consumer electronics, servers and mobile devices. The remarks came during the company’s first-quarter 2026 earnings call, where executives linked the squeeze in RAM and storage supply to the rapid build-out of […]

Damac lifts Baghdad luxury housing stakes

Arabian Post Staff -Dubai Damac International has launched Harir Residences inside its Damac Hills Baghdad master community, adding twin premium residential towers to a capital city property market increasingly shaped by private developers, affluent buyers and demand for planned urban living. The project comprises two 12-storey towers with 210 apartments, offering one-, two- and three-bedroom units. The towers are positioned within a larger community near Baghdad International […]

Dubai sharpens air passenger protections

Arabian Post Staff -Dubai Dubai’s aviation regulator has launched a passenger-rights framework that gives travellers a clearer route to raise complaints, track cases online and seek resolution when disputes arise with airlines or licensed travel agents. The Aviation Consumer Welfare Directive, introduced by the Dubai Civil Aviation Authority, establishes a formal regulatory reference for the relationship between passengers, carriers and travel agents operating in the emirate. It […]

Dubai widens property visa gateway

Arabian Post Staff -Dubai Dubai has lowered a key entry barrier for property-linked residency, allowing sole owners of completed real estate to apply for a two-year visa without meeting the previous Dh750,000 minimum property value threshold. The revised criteria, published through the Dubai Land Department’s Cube platform, shift the visa framework away from a single asset-value test and towards ownership structure. Sole owners can now seek the […]

Tara Park sell-out lifts Reem demand

Arabian Post Staff -Dubai Abu Dhabi’s Modon has sold out Tara Park on Reem Island, generating about AED 2 billion in sales and underscoring the depth of buyer appetite for well-located residential projects in the capital. The sell-out followed strong demand for the development, which is positioned as a freehold residential community connected to Reem Mall and close to Abu Dhabi Global Market, Al Maryah Island, Downtown […]

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