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 […]
Arabian Post Staff -Dubai Abu Dhabi’s decision to leave OPEC and the wider OPEC+ framework from May 1, 2026 has introduced a new fault line in global oil diplomacy, raising questions over the future discipline of a producer alliance that has shaped crude supply policy for decades. The move ends nearly six decades of UAE participation in OPEC and removes one of the group’s most important Gulf […]
Arabian Post Staff -Dubai Emerging-market assets came under pressure as investors moved towards the dollar, cutting exposure to riskier currencies and equities before the Federal Reserve’s policy decision and amid rising doubts over artificial intelligence spending and stalled Middle East peace efforts. MSCI’s emerging-market currency gauge fell 0.3 per cent, with most major developing-economy currencies weakening against the greenback. The Philippine peso, the rupee and the Thai […]
Arabian Post Staff -Dubai Etihad Airways has launched a codeshare partnership with Air Cambodia, widening its Southeast Asian network and giving travellers a single-ticket connection from Abu Dhabi and beyond to Siem Reap through Phnom Penh. The agreement allows Etihad customers to book journeys from across its international network to Siem Reap, the gateway to the Angkor Wat temple complex, via the Cambodian capital. The arrangement includes […]
Arabian Post Staff -Dubai Abu Dhabi has moved to leave OPEC and OPEC+, ending nearly six decades inside the producers’ group and sending a sharp signal through an oil market already strained by geopolitical risk, supply disruption and shifting energy strategies. The decision, announced on Tuesday and set to take effect on May 1, marks one of the most consequential breaks inside the oil-exporting bloc since Qatar’s […]
Arabian Post Staff -Dubai Dubai’s Emirati Human Resources Development Council and Dubai International Financial Centre have launched a specialist programme to prepare UAE nationals for roles in wealth management, private banking and financial technology, strengthening the emirate’s push to deepen local participation in high-value financial services. The Wealth Strategist Programme is designed to equip Emirati talent with practical skills required by private banks, asset managers, family offices, […]
Arabian Post Staff -Dubai Abu Dhabi National Oil Company is preparing a major expansion into the United States natural gas sector, with plans that could commit tens of billions of dollars to assets spanning production, pipelines, liquefaction, export infrastructure and downstream supply. The push is being led through XRG, ADNOC’s international investment arm, which is examining 29 potential transactions as it seeks to build a vertically integrated […]
Arabian Post Staff -Dubai Al Ain’s major citizen housing programme is moving ahead with five residential developments that will deliver 10,316 villas, reinforcing Abu Dhabi’s push to build integrated neighbourhoods around family stability, public services and sustainable urban growth. Sheikh Hazza bin Zayed Al Nahyan, Ruler’s Representative in Al Ain Region, reviewed progress on the projects being implemented by the Abu Dhabi Housing Authority with strategic partners. […]
Arabian Post Staff -Dubai Global equities advanced and crude oil retreated from session highs after Iran offered Washington a proposal to reopen the Strait of Hormuz and move towards ending the war, easing pressure on investors after stalled peace efforts had lifted energy prices. Asian shares rose 1.4 per cent, while the MSCI emerging markets index climbed to a record high as traders reacted to signs that […]
Arabian Post Staff -Dubai Gulf bourses posted modest gains on Sunday even as hopes of a diplomatic breakthrough in the US-Israeli conflict with Iran weakened, leaving investors to balance fragile ceasefire expectations against higher oil prices, inflation risks and slowing global growth. Trading was cautious across the region, with market moves reflecting selective buying rather than broad confidence. Saudi Arabia’s benchmark index rose 0.1 per cent, supported […]
Arabian Post Staff -Dubai Qatar’s media-sector push has gained fresh momentum after Media City Qatar and the International Association for MediaTech entered a Platinum Partnership designed to raise the country’s profile as a regional centre for media, technology and content creation. Announced in Doha on 26 April 2026, the agreement gives Media City Qatar wider access to IAMT’s international platforms, industry events, market intelligence and training […]
Arabian Post Staff -Dubai QNB Egypt has signed an EGP 5.5 billion medium-term facility agreement with MARAKEZ to finance part of the investment cost for residential and commercial expansion at District 5, strengthening one of East Cairo’s major mixed-use developments at a time when developers are turning increasingly to structured bank financing. The agreement covers funding for District 5, a 268-acre project in New Katameya that combines […]
Arabian Post Staff -Dubai Nokia has chosen Egypt as its support hub for the Middle East and Africa, setting up a centralised operational centre in Cairo to handle regional support activities and customer services across one of the world’s most diverse telecoms markets. The move places Egypt at the centre of Nokia’s service delivery model for operators, enterprises and public-sector customers across the region. The Cairo hub […]
Arabian Post Staff -Dubai Gulf Bank has renewed its long-term strategic collaboration with Mastercard, strengthening a payments alliance aimed at expanding digital banking services, improving transaction security and responding to changing customer behaviour across Kuwait’s financial sector. The renewed agreement gives Gulf Bank continued access to Mastercard’s payment technologies, digital solutions and global expertise, with a focus on contactless payments, mobile wallet services, card security, customer convenience […]
Arabian Post Staff -Dubai President Donald Trump has cancelled a planned visit to Pakistan by two of his senior envoys for negotiations over the Iran conflict, leaving a fragile ceasefire under deeper strain and casting doubt on the next phase of diplomacy aimed at halting a war that has unsettled energy markets and widened security risks across West Asia. Trump told Jared Kushner, his son-in-law, and special […]
Arabian Post Staff -Dubai Wall Street climbed to record levels as hopes for renewed US-Iran diplomacy, a stronger-than-expected Intel forecast and reduced uncertainty around Federal Reserve succession combined to fuel a broad risk rally across US assets. S&P 500 gained nearly 1 per cent on Friday, extending its longest weekly advance since 2024 and pushing the benchmark to an all-time high. Nasdaq also advanced, helped by a […]
Arabian Post Staff -Dubai UAE authorities have launched an ambitious public-sector transformation programme to move half of government sectors, services and operations onto agentic artificial intelligence within two years, marking a major shift from digital service delivery towards autonomous government systems. The initiative was announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, under the […]
Arabian Post Staff -Dubai Global gas markets face a deeper supply squeeze after the International Energy Agency estimated that conflict in the Middle East could remove about 120 billion cubic metres of liquefied natural gas from world supply between 2026 and 2030, a loss equal to roughly 15% of expected LNG availability over the period. The warning marks a sharp reversal for a market that had been […]
Arabian Post Staff -Dubai Oil climbed for a fifth straight session as stalled efforts to revive US-Iran de-escalation talks left traders bracing for a prolonged disruption to energy flows through the Strait of Hormuz, one of the world’s most important crude and gas corridors. Brent crude rose about 0.5% to trade near $106 a barrel, lifting its gains for the year to roughly 74%. The benchmark […]
Arabian Post Staff -Dubai Abu Dhabi’s Aldar has sold 80 per cent of the homes released at Yas Park Place, generating more than AED800 million in sales and underscoring sustained investor appetite for lifestyle-led residential communities on Yas Island. The sales result places the project among the developer’s stronger launches of 2026, at a time when Abu Dhabi’s property market is drawing deeper interest from both […]
Arabian Post Staff -Dubai Aldar has sold 80% of the homes released in the first phase of Yas Park Place on Yas Island, generating more than AED800 million in sales and underlining the continuing pull of Abu Dhabi’s off-plan residential market at a time when demand remains strong from both domestic and overseas buyers. The project, announced on 23 April, adds another fast-moving launch to the […]
Arabian Post Staff -Dubai Masdar and Montenegro’s state power utility Elektroprivreda Crne Gore have agreed to create a 50-50 joint venture to develop large-scale renewable energy projects, giving the Adriatic country a fresh route to expand domestic generation, strengthen energy security and position itself as a supplier of cleaner electricity to neighbouring markets in the Balkans and southern Europe. The agreement was signed on 22 April […]
Arabian Post Staff -Dubai G-SHOCK has expanded its 2100 line with the GA-2100CM series, bringing a camouflage-led redesign to one of its most recognisable silhouettes as the watch market leans further into fashion-driven utility. The new models, including the GA-2100CM-5A and GA-2100CM-8A, keep the slim octagonal form that helped turn the 2100 family into a strong seller, but add a metallic camouflage finish and a hidden G-mark […]
Arabian Post Staff -Dubai Raimondi Middle East has crossed the threshold of 100 cranes in operation across the UAE, underscoring how deeply the company has embedded itself in one of the Gulf’s busiest construction markets. The 100th machine, a Raimondi LR273 luffing jib crane, has been deployed in Dubai and is the first unit of that model to be installed in the country. The milestone is more […]
