Arabian Post Staff -Dubai Riyadh Air has secured US permission to operate flights to and from the United States, clearing a key regulatory hurdle for the PIF-owned carrier as it accelerates its challenge to established Gulf aviation rivals. The US Department of Transportation approved the airline’s authority after Riyadh Air applied last month for a foreign air carrier permit and exemption authority covering scheduled and charter services […]
Arabian Post Staff -Dubai A proposed $300 billion private investment fund has become the most sensitive economic element in the US-Iran framework agreement, with more than half of the target committed as Washington and Tehran prepare for a formal signing ceremony on Friday. The vehicle, described by a person with direct knowledge as the Reconstruction and Development Fund, is intended to create a commercial incentive for both […]
Arabian Post Staff -Dubai Dubai Chambers has used a London business dialogue to press Dubai’s case as a global base for British companies seeking expansion across the Gulf, Africa and Asia, as trade and investment links between the emirate and the United Kingdom gather pace. The session, organised with the London Chamber of Commerce and Industry, brought together British investors and business leaders for discussions on market […]
Arabian Post Staff -Dubai Red Sea Global has opened Four Seasons Resort and Residences AMAALA at Triple Bay, bringing the developer’s second flagship destination into operation and adding a major luxury wellness asset to Saudi Arabia’s Red Sea tourism corridor. The arrival of the first guests at the northwestern coastal property marks the operational start of AMAALA, a planned high-end wellness and lifestyle destination built around Triple […]
Arabian Post Staff -Dubai Donald Trump’s pledge that the Strait of Hormuz will be “completely opened” by Friday has left European partners pressing for details before committing naval assets to clear mines and escort commercial vessels through the world’s most sensitive energy chokepoint. The US president arrived at the Group of Seven summit in Évian-les-Bains saying a preliminary US-Iran accord had settled the immediate question of shipping […]
Arabian Post Staff -Dubai Dubai will build 31 pedestrian bridges and tunnels across major corridors by 2030 under a five-year mobility plan aimed at cutting road risk, linking fast-growing communities and supporting a wider shift towards walking, cycling and e-scooter travel. The Roads and Transport Authority has approved the 2026-2030 programme after technical and field studies covering population density, land-use patterns, proximity to tourist and commercial districts, […]
Arabian Post Staff -Dubai DMCC has rolled out a business acceleration package aimed at lowering costs, freeing cash flow and giving companies in its 26,000-plus member ecosystem more room to expand as competition for global trade and investment intensifies. The initiative offers licence renewal incentives, penalty waivers, administrative flexibility and set-up discounts for new entrants, positioning the Dubai business district to support established firms and companies weighing […]
Arabian Post Staff -Dubai Washington and Tehran have accepted a preliminary framework aimed at ending their war, lifting the U. S. blockade of Iran and reopening the Strait of Hormuz, a move that pushed oil prices lower while leaving Iran’s nuclear programme for another round of negotiations. President Donald Trump declared the agreement “complete” on Truth Social on Sunday evening in Washington, shortly after Pakistan’s Prime Minister […]
Arabian Post Staff -Dubai Dubai has created a federal authority to steer artificial intelligence, public data and digital government policy under one national framework, marking a new phase in the country’s plan to embed autonomous systems across state services. HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, approved the establishment of the Artificial Intelligence and Data Authority […]
Arabian Post Staff -Dubai US President Donald Trump’s assertion that an interim agreement with Iran would be signed on Sunday and immediately reopen the Strait of Hormuz has exposed a widening gap between Washington’s public confidence and Tehran’s more guarded account of the negotiations. Trump said in a social media post on Saturday that “the Deal is scheduled to get signed tomorrow” and that, once completed, the […]
Arabian Post Staff -Dubai Abu Dhabi has denied claims that money was transferred from the UAE to Iran, rejecting allegations that frozen Iranian assets, including a reported $3bn tranche, had been released or routed through its financial system. The Ministry of Foreign Affairs said the reports were “entirely false and unfounded” and stressed that no frozen Iranian funds had been released, transferred or facilitated through the country. […]
Arabian Post Staff -Dubai Abu Dhabi’s International Holding Company has begun an AED1.8 billion share repurchase, opening the first tranche of an approved AED5 billion buyback after a sharp rise in first-quarter profit and continued expansion across its investment portfolio. The initial purchase, launched on 12 June, represents 36 per cent of the total programme approved by shareholders at the company’s annual general assembly on 16 March […]
Arabian Post Staff -Dubai The UAE has firmly rejected allegations that money was moved from the country to Iran, including claims involving as much as $3bn, saying no frozen Iranian assets have been released, transferred or facilitated through its territory. The Ministry of Foreign Affairs said reports carried by unnamed international media outlets were “entirely false and unfounded”. The statement followed accounts suggesting that funds linked to […]
Arabian Post Staff -Dubai Dubai Future Foundation has graduated 160 students from the second cohort of the Dubai TKS – Knowledge Society programme, marking a sharp expansion of the emirate’s effort to build early-stage talent in artificial intelligence, robotics, climate technology, biotechnology and advanced computing. The students, aged 13 to 17 and drawn from a range of nationalities, completed the 10-month programme at a ceremony held at […]
Arabian Post Staff -Dubai L’Oréal Middle East has signed the UAE Climate-Responsible Companies Pledge, placing the beauty group’s regional operations under a national framework that asks private companies to measure emissions, set reduction plans and align business decisions with the UAE’s Net Zero by 2050 pathway. The pledge was announced at the third L’Oréal For the Future Summit in Dubai, where the company positioned climate action, refillable […]
Arabian Post Staff -Dubai Dubai has established the Dubai Longevity Authority under Law No. 17 of 2026, setting up a dedicated regulator to oversee one of the fastest-growing areas of healthcare, wellness and life sciences as the emirate seeks to build a global hub for advanced medicine and healthy ageing. The law was issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime […]
Arabian Post Staff -Dubai President Donald Trump said the United States and Iran could sign a peace agreement as early as this weekend to reopen the Strait of Hormuz, but Tehran pushed back against his claim, saying no final decision had been made on any settlement. The competing statements left diplomacy in a delicate phase on Friday, with Washington presenting the outline of a breakthrough while Iran […]
Arabian Post Staff -Dubai Hafeet Rail has completed 40 per cent of the Oman-UAE railway link, moving the Gulf’s first cross-border rail connection into a more advanced construction phase as work accelerates across tunnels, bridges, earthworks and logistics facilities along the corridor. The company, a joint venture between Etihad Rail, Oman Rail and Mubadala Investment Company, said the milestone covers civil works and major structures on the […]
Arabian Post Staff -Dubai US forces struck military targets across Iran overnight, widening an air campaign that has pushed Washington and Tehran closer to open conflict as President Donald Trump warned that further attacks would follow unless a peace deal is secured. Central Command said the operation was completed about four hours after it began, shortly after midnight in Tehran, with strikes aimed at military surveillance assets, […]
Arabian Post Staff -Dubai Industrial and Commercial Bank of China Limited’s Dubai branch is marketing dual-currency green bonds, offering investors a dollar floating-rate tranche and a renminbi fixed-rate tranche as sustainable debt issuance continues to gain traction across Gulf capital markets. The proposed three-year dollar notes carry initial price guidance at the Secured Overnight Financing Rate plus 90 basis points, while the three-year offshore renminbi tranche is […]
Arabian Post Staff -Dubai The OPEC Fund for International Development has mandated a no-grow €500 million five-year fixed-rate benchmark bond, returning to Europe’s public debt market as highly rated supranational borrowers continue to draw demand from investors seeking secure income. Initial price thoughts for the Regulation S senior unsecured issue have been set at mid-swaps plus 29 basis points. The expected issue rating is aligned with the […]
Arabian Post Staff -Dubai Washington carried out overnight strikes on Iranian military sites near the Strait of Hormuz after President Donald Trump said Tehran had shot down a US Army Apache helicopter patrolling the strategic waterway. US Central Command said the operation was launched on Trump’s orders and described the action as self-defence. The strikes targeted air defence systems, ground control stations and surveillance radar sites positioned […]
Arabian Post Staff -Dubai Oman is moving to convert fiscal repair and regulatory reform into a stronger claim on international capital, positioning the International Financial Centre of Oman as the centrepiece of a drive to attract financial institutions, fund managers and professional services firms. The push comes as Muscat benefits from a restored investment-grade profile after several years of debt reduction, spending restraint and higher policy credibility […]
Arabian Post Staff -Dubai Saudi Arabia’s Arabian Dyar has put its planned Tadawul initial public offering on hold, becoming the latest issuer to step back from the Kingdom’s listings pipeline as volatile trading conditions and weaker investor appetite complicate efforts to bring larger private companies to market. The real estate and construction company, formally known as Aldyar Alarabiya Real Estate Development Company, had faced a June deadline […]
