Arabian Post Staff -Dubai Keyper has raised US$11 million in Series A funding to expand its monthly rent payment platform and digital property infrastructure across the UAE, as tenants and landlords adjust to a housing market under pressure from high demand, rising rents and changing payment expectations. The round was backed by Speedinvest, Mashreq’s NeoVentures, Middle East Venture Partners, Dubai Future District Fund, Property Finder and other […]
Arabian Post Staff -Dubai US forces hit about 90 targets along Iran’s coast on Wednesday, extending military action for a second straight day and deepening doubts over efforts to turn a fragile truce into a permanent peace deal. US Central Command said the operation was designed to weaken Tehran’s ability to attack commercial shipping and civilian mariners in the Strait of Hormuz, the narrow waterway through which […]
Arabian Post Staff -Dubai Almarai’s second-quarter revenue rose 11 per cent year on year to SAR5.87 billion, as stronger demand for dairy, poultry and bakery products helped the Riyadh-listed food group absorb higher shipping, energy and raw material costs. The company’s first-half revenue reached SAR12.03 billion, up 9 per cent from the same period last year, reinforcing its position as one of the Gulf’s most closely watched […]
Arabian Post Staff -Dubai Ras Al Khaimah is preparing for one of the largest residential supply expansions in its history, with 25,600 new homes expected to be delivered by 2030 as developers accelerate launches around waterfront districts, branded residences and lifestyle-led communities. The new supply pipeline, tracked by Cavendish Maxwell, is heavily weighted towards apartments, which account for 97 per cent of planned stock. The figure underlines […]
Arabian Post Staff -Dubai Iran’s Revolutionary Guards said they fired missiles and drones at US military facilities in Bahrain and Kuwait on Wednesday, widening a confrontation that has put a fragile ceasefire under severe strain after US strikes on Iranian targets near the Strait of Hormuz. The Islamic Revolutionary Guard Corps said the operation hit sites linked to the US Fifth Fleet in Bahrain and Ali Al […]
Arabian Post Staff -Dubai Du Pay has signed a strategic memorandum of understanding with GCash to enable near-instant wallet-to-wallet remittances from the UAE to the Philippines, giving overseas Filipino workers a faster route to send money home and access exclusive rewards tied to digital transfers. The partnership connects du Pay’s mobile wallet in the UAE with GCash accounts in the Philippines, allowing funds sent through the du […]
Arabian Post Staff -Dubai ADNEC Group delivered AED9.2 billion in economic impact in 2025, marking its strongest annual performance and strengthening Abu Dhabi’s position as a regional centre for exhibitions, conferences, hospitality and business tourism. The figure represented an 8 per cent rise from AED8.5 billion in 2024, supported by higher event activity, stronger visitor flows and deeper integration across venues, events, services, catering, tourism and media. […]
Arabian Post Staff -Dubai ADNOC Distribution has agreed to buy Shell Downstream South Africa from Shell South Africa Holdings in a transaction that values the business at about $1 billion, giving the Abu Dhabi-listed fuel retailer a large platform in one of Africa’s most developed downstream markets. The definitive agreement covers 100% of SDSA’s share capital, before adjustments for net debt and working capital. Completion is expected […]
Arabian Post Staff -Dubai Saudi Arabia has slashed the price of its flagship crude for Asian buyers by the widest margin in more than two decades, signalling a tougher fight for market share as rising supply and softer demand reshape the oil trade. Saudi Aramco cut the August official selling price of Arab Light crude by $11 a barrel, setting it at $1.50 below the Oman-Dubai average, […]
Arabian Post Staff -Dubai DMCC has launched a dedicated cybersecurity vertical as part of a wider restructuring of its technology ecosystem, bringing more than 4,000 technology companies under the newly formalised DMCC Tech platform. The new unit, DMCC Cyber, is designed to support businesses working across cyber resilience, digital trust, data protection, identity management, and governance, risk and compliance. It will sit alongside the DMCC AI Centre, […]
Arabian Post Staff -Dubai BARQ Systems has formed a regional partnership with ServiceNow to speed up digital transformation and enterprise automation across the Middle East and North Africa, targeting organisations that are moving from isolated technology upgrades to AI-enabled operating models. The collaboration is designed to help enterprises use the ServiceNow AI Platform to convert complex workflows into automated, data-led processes across IT, customer service, human resources […]
Arabian Post Staff -Dubai The UAE has emerged as the GCC’s busiest confirmed construction market, with 700 execution-ready projects valued at $138 billion, underscoring the country’s shift from post-boom recovery to a broader phase of active development across real estate, energy, infrastructure and specialised industrial assets. Saudi Arabia ranks close behind by project count, with 628 confirmed schemes, though its pipeline is larger in value terms at […]
Arabian Post Staff -Dubai OPEC+ has approved another increase in oil output targets for August, adding 188,000 barrels per day to planned supply as Gulf exports move back through the Strait of Hormuz and crude prices ease from wartime highs. The decision, taken at a virtual meeting on Sunday, extends a sequence of monthly quota increases that began in April and continued through June and July. Saudi […]
Arabian Post Staff -Dubai Oil prices have slipped back as a burst of supply, softer demand signals and easing disruption fears revive concern that the global market may be heading towards another glut. Brent crude has traded close to $72 a barrel, while US benchmark West Texas Intermediate has hovered below $70, pulling prices towards levels seen before the latest Middle East supply scare. The shift has […]
Arabian Post Staff -Dubai Mastercard has joined a consortium of more than 140 companies backing Open USD, a new dollar-pegged stablecoin designed to lower the cost of business payments and widen corporate use of blockchain-based settlement. The initiative, run by Open Standard, brings together payment networks, banks, technology companies, crypto platforms and asset managers in an attempt to create a shared stablecoin infrastructure rather than a token […]
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 […]
