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 […]
Arabian Post Staff -Dubai Emirates Global Aluminium has built new STEM laboratories in schools and universities across the UAE, expanding an education-industry programme aimed at preparing students for technical careers in manufacturing, engineering and advanced industrial sectors. The facilities have been developed with Al Samha School, Al Rahba School, Al Falahiya School, Dubai National School, Zayed University and the Higher Colleges of Technology. More than 2,600 students […]
Arabian Post Staff -Dubai UAE nationals building new private homes can claim VAT refunds on a wider range of construction-related expenses under a Federal Tax Authority initiative that broadens relief for citizens at a time of elevated residential building costs. The initiative, now active, applies to eligible refund claims submitted on or after 1 January 2026 and is expected to lift the value of approved homebuilding VAT […]
Arabian Post Staff -Dubai Wizz Air will introduce Starlink-powered internet across its fleet from 2027, making one of Europe’s most cost-focused airlines the first ultra-low-cost carrier on the continent to commit to satellite connectivity at scale and raising fresh questions over how far budget aviation can stretch beyond its bare-fare model. The Hungary-based airline plans to install the SpaceX service on its next-generation aircraft, offering passengers high-speed, […]
Arabian Post Staff -Dubai Riyadh Air has opened ticket sales for daily flights between Dubai and Riyadh from 18 June, adding a new premium operator to one of the Gulf’s busiest business and leisure corridors as Saudi Arabia accelerates plans to turn its capital into a global aviation hub. Flights will operate between Dubai International Airport and King Khalid International Airport using Boeing 787-9 Dreamliners, placing wide-body […]
Arabian Post Staff -Dubai Orange Jordan and Deutsche Gesellschaft für Internationale Zusammenarbeit have convened private-sector roundtables under the PASS programme, widening efforts to connect startups with established companies as Jordan pushes entrepreneurship-led job creation and digital growth. Three sessions were held in Amman, Irbid and Aqaba under the title Private Sector Roundtable – PASS Project, bringing together startups, corporate representatives and ecosystem partners to examine how young […]
Arabian Post Staff -Dubai Dubai World Trade Centre generated a record AED25.03 billion in economic output in 2025, underscoring the growing weight of large-scale business events in Dubai’s wider growth strategy and its push to deepen links with global trade, investment and innovation networks. The 2025 performance, equal to about $6.82 billion, marked a 12 per cent year-on-year rise and was driven by 108 large-scale exhibitions, international […]
Arabian Post Staff -Dubai Qatar Airways has raised its Dubai schedule from two to five daily flights, restoring greater capacity on one of the Gulf’s busiest short-haul business and leisure corridors as regional carriers rebuild networks for the summer travel season. The expansion covers services between Hamad International Airport in Doha and Dubai International Airport, with the increase being introduced in stages from 5 June. The airline […]
Arabian Post Staff -Dubai Bahrain-based Investcorp has launched an Artificial Intelligence Investment Framework to guide its investment decisions across private equity, real assets and credit, positioning the technology as a central factor in deal screening, portfolio construction and value creation across its global alternatives platform. The framework, set out in a new report, formalises how the Manama-headquartered firm will assess AI-led opportunities and risks at a time […]
Arabian Post Staff -Dubai PIF and Talaat Moustafa Group Saudi for Real Estate Development have signed a memorandum of understanding to explore mixed-use real estate projects across Saudi Arabia, advancing the sovereign fund’s push to build liveable urban districts as part of its 2026-2030 strategy. The non-binding agreement covers potential co-operation at PIF-owned developments and projects across the kingdom, including residential, commercial, hospitality, retail and integrated urban […]
