Arabian Post Staff -Dubai The UAE’s non-oil private sector came close to stalling in June as the impact of the Iran conflict, softer tourism activity and cost pressures hit client demand, leaving firms with the weakest improvement in business conditions since February 2021. The seasonally adjusted S&P Global UAE Purchasing Managers’ Index fell to 50.8 in June from 52.6 in May, staying only slightly above the 50 […]
Arabian Post Staff -Dubai Abu Dhabi’s e& Carrier & Wholesale Services has signed a strategic partnership with Lenovo Connect to deliver global connectivity for electric vehicles, connected cars and industrial IoT systems, strengthening its push into cross-border digital infrastructure as mobility platforms demand faster, safer and more compliant data services. The agreement brings together e&’s international network reach, 5G capabilities and regulatory experience with Lenovo Connect’s IoT […]
Arabian Post Staff -Dubai Abu Dhabi has launched a maritime investment guide aimed at drawing global companies, entrepreneurs and specialist service providers into the emirate’s expanding ports, logistics and shipping ecosystem. The guide, titled Abu Dhabi’s Compass for Maritime Businesses: Your Gateway to Global Opportunity, has been introduced by Maritime Hub Abu Dhabi, the sector collaboration platform operated by Abu Dhabi Maritime and led by the Integrated […]
Arabian Post Staff -Dubai Reports that Washington may scale back its troop presence in Saudi Arabia have sharpened scrutiny of a defence relationship that has long underpinned Gulf security, after Riyadh resisted the use of its bases and airspace for operations tied to the Strait of Hormuz during heightened confrontation with Iran. The episode has exposed a difficult shift in one of the region’s most consequential partnerships. […]
Arabian Post Staff -Dubai SolitAir has launched its first flight to Sofia, Bulgaria, opening the Dubai-based cargo carrier’s first operational route into Europe and extending its network beyond the Global South as it seeks a larger role in time-sensitive regional freight. The service marks a new phase for the airport-to-airport cargo airline, which is based at Dubai World Central and has built its early network around underserved […]
Arabian Post Staff -Dubai Washington and Tehran have used a new round of indirect talks in Doha to move from crisis management towards implementation of a preliminary understanding that has lowered fears of a wider Gulf confrontation but left major disputes unresolved. The discussions, hosted by Qatar with Pakistani mediation, began on Tuesday night and continued on Wednesday in separate sessions involving senior negotiators and technical experts. […]
Arabian Post Staff -Dubai Dubai’s property boom is giving way to a more measured investment cycle as buyers shift attention from quick capital gains to developer strength, delivery quality and long-term asset performance. A new investor confidence survey points to a market that remains broadly optimistic about Dubai’s prospects but less willing to chase rapid price appreciation after a long rally. The findings suggest that investors are […]
Arabian Post Staff -Dubai US negotiators Jared Kushner and Steve Witkoff held what Washington described as positive discussions with regional leaders in Qatar, while technical contacts with Iran moved ahead through mediators as both sides sought to preserve a fragile ceasefire and turn a temporary truce into a wider settlement. The Doha meetings form part of an indirect negotiating track designed to reduce the risk of renewed […]
Arabian Post Staff -Dubai Dubai’s Roads and Transport Authority has opened the prequalification stage for contractors and consortiums seeking to build the Dubai Metro Gold Line, moving the Dh34 billion project from planning into the procurement phase. The authority has issued requests for qualification for the fully underground line, with interested contractors required to submit qualification documents by 17 August. The process follows an expression-of-interest stage launched […]
Arabian Post Staff -Dubai Iran has rejected French involvement in clearing mines from the Strait of Hormuz, declaring that Tehran alone will manage security operations in the strategic waterway under its memorandum of understanding with the United States. The rejection, delivered by Deputy Foreign Minister Kazem Gharibabadi, followed President Emmanuel Macron’s offer for France to work with Oman and other partners on demining and safe passage through […]
Arabian Post Staff -Dubai Abu Dhabi’s XRG and Italy’s Eni have agreed to buy minority stakes in three upstream blocks operated by YPF in Argentina’s Vaca Muerta basin, adding upstream weight to a liquefied natural gas project designed to turn the country’s shale gas reserves into large-scale export revenue. The agreements give XRG and Eni 32 per cent each in the Meseta Buena Esperanza, Aguada Villanueva and […]
Arabian Post Staff -Dubai Abu Dhabi has begun work on Dar al Funoon Abu Dhabi, a major performing arts centre on Saadiyat Island that is scheduled to open in 2030 and add more than 6,000 seats to the emirate’s cultural infrastructure. The project, whose name means House of the Arts, was launched near the Saadiyat Cultural District during a site visit by Sheikh Khaled bin Mohamed bin […]
Arabian Post Staff -Dubai Oil prices rose on Monday as renewed US-Iran military exchanges unsettled traders and slowed energy traffic through the Strait of Hormuz, reviving concerns that a fragile pause in hostilities may not hold long enough to restore normal crude flows. Brent crude futures climbed 58 cents, or 0.8 per cent, to $72.57 a barrel at 0207 GMT, while US West Texas Intermediate crude rose […]
Arabian Post Staff -Dubai Iran and the United States exchanged fresh attacks on military targets across the Gulf, placing fragile ceasefire talks under severe strain and drawing Kuwait and Bahrain deeper into a confrontation already unsettling shipping, energy markets and regional diplomacy. The Islamic Revolutionary Guard Corps said on Sunday that its naval and aerospace units had launched missiles and drones at US-linked facilities, naming Ali Al […]
Arabian Post Staff -Dubai The UAE has moved to deepen technology cooperation with the United States and allied economies through the second Pax Silica Summit in Washington, DC, placing secure artificial intelligence supply chains, advanced infrastructure and trusted cross-border deployment at the centre of its expanding AI diplomacy. The delegation, led by Saeed Al Hajeri, Minister of State, joined officials from dozens of partner economies and senior […]
There is a particular kind of conversation happening in Munich, Vienna, and Zurich right now. A founder runs the numbers on another year of operating at home, looks at the tax line, the energy bill, and the months lost to permits and paperwork, and starts asking a question that would have seemed exotic a decade ago: what would it actually take to run this from Dubai? In […]
Arabian Post Staff -Dubai Nasdaq Dubai has listed a USD 500 million sukuk from The Arab Energy Fund, strengthening the exchange’s Islamic debt platform at a time when regional issuers are continuing to tap international capital for longer-term funding and diversified investor access. The senior unsecured sukuk, issued through APICORP Sukuk Limited under The Arab Energy Fund’s Trust Certificate Issuance Programme, comprises trust certificates due in 2031. […]
Arabian Post Staff -Dubai UAE authorities confirmed there was no security threat after an emergency missile warning was pushed to mobile phones across the country on Friday evening and withdrawn within minutes, briefly unsettling residents before officials traced the episode to a technical malfunction in the national early warning system. The first message, sent at about 5.17pm on June 26, warned of “potential missile threats” and instructed […]
Arabian Post Staff -Dubai US Secretary of State Marco Rubio has assured Gulf Arab partners that Washington will not pursue a deal with Tehran at the expense of their security, as the Trump administration tries to build regional support for a preliminary accord aimed at ending months of confrontation with Iran. Rubio delivered the message in Manama at a meeting with Gulf Cooperation Council foreign ministers and […]
Arabian Post Staff -Dubai Energy and commodity prices have retreated after the US-Iran agreement to halt hostilities and reopen the Strait of Hormuz, but the International Monetary Fund has warned that Gulf trade and price stability will not return immediately. IMF spokesperson Julie Kozack said in Washington that the Fund had observed a fall in energy, fertiliser and base metal prices after shipments from Gulf countries began […]
Arabian Post Staff -Dubai ADNOC Drilling has delivered AD-300, its first AI-enabled automated walking island rig, nearly three months ahead of schedule, advancing Abu Dhabi’s push to use robotics, data systems and lower-emission power options in offshore oilfield development. The rig is the first of six next-generation island units covered by a $1.54 billion drilling services programme awarded by ADNOC Offshore across 2024 and 2025. Its early […]
Arabian Post Staff -Dubai Abu Dhabi’s banking regulator has imposed an AED20 million penalty on the UAE branch of an unnamed foreign bank after examinations found significant and repeated failures in its anti-money laundering, counter-terrorism financing and sanctions compliance framework. The Central Bank of the UAE said the action was taken under the federal law governing the regulator and licensed financial institutions. It also imposed a separate […]
Arabian Post Staff -Dubai The Central Bank of the UAE has imposed a Dh20 million financial penalty on a branch of a foreign bank after supervisory examinations found significant and repeated failures in its anti-money laundering, counter-terrorism financing and sanctions compliance framework. The action, announced in Abu Dhabi, was taken under the federal law governing the Central Bank and the organisation of financial institutions and activities. The […]
Arabian Post Staff -Dubai Abu Dhabi has awarded ADNOC and six international partners a major concession to develop and produce gas from the Bab Gas Cap, strengthening the emirate’s drive to expand domestic gas supply and reinforce its position in global energy markets. The concession was granted by the Supreme Council for Financial and Economic Affairs, with ADNOC taking a 60 per cent participating interest. The remaining […]
