Arabian Post Staff -Dubai Botim Money has launched IBAN-enabled wallets in the UAE, allowing eligible users to receive salaries, direct deposits and domestic bank transfers directly inside the Botim app. The service gives qualifying customers a Virtual IBAN in their own name, extending regulated account access to segments of the population that have often relied on cash wages, exchange houses or limited-purpose wallets. The rollout has been […]
Arabian Post Staff -Dubai Abu Dhabi-backed artificial intelligence investor MGX has explored a potential acquisition of Singapore-based data centre operator DayOne, a move that would deepen the emirate’s push into global digital infrastructure as demand for computing capacity accelerates across Asia, Europe and the United States. The discussions remain preliminary and may not lead to a transaction. DayOne has also been preparing for a possible public listing […]
Arabian Post Staff -Dubai Qatar’s Barzan gas facility was hit by an explosion and fire during start-up operations on Sunday, injuring 54 people and leaving 18 missing at Ras Laffan Industrial City, the country’s strategic energy hub north of Doha. Emergency teams brought the blaze under control after the blast, while search and rescue operations continued around the affected section of the plant. Authorities described the incident […]
Arabian Post Staff -Dubai Dubai International Financial Centre has opened a 30-day public consultation on proposed amendments to its data protection regulations, seeking tighter safeguards for organisations using artificial intelligence and data-driven systems to process personal information. The proposed changes are aimed at strengthening governance, accountability and privacy protections across the financial free zone as banks, asset managers, insurers, fintech firms and professional services companies expand the […]
Arabian Post Staff -Dubai Riyadh’s Institute of Public Administration has completed a Future-Proofed Leadership track with Harvard Business Impact, bringing senior officials from government and semi-government bodies into a programme designed to sharpen decision-making, institutional transformation and readiness for rapid policy and economic change. The track, concluded on 17 June through the IPA Business Center, forms part of a wider push to strengthen leadership capacity across public […]
Arabian Post Staff -Dubai Iran’s Strait of Hormuz regulator has suspended planned transit charges for 60 days, easing immediate pressure on shipowners as Tehran and Washington enter a negotiation window under a memorandum of understanding signed this week. The Persian Gulf Strait Authority said on Friday that vessels seeking passage through the waterway must submit transit requests at least 48 hours before arrival while the interim arrangement […]
Arabian Post Staff -Dubai Amanat Holdings has completed its takeover of Cambridge Health Group after buying the remaining 10.03 per cent stake for AED105 million, giving the Dubai-listed healthcare and education investor full control of one of the Gulf’s largest post-acute and rehabilitation care platforms. The transaction closes a phased acquisition process that accelerated this month, when Amanat first raised its holding in Cambridge Health Group from […]
Arabian Post Staff -Dubai The UAE Cabinet has approved new rules barring children under 15 from using social media accounts, marking one of the region’s most direct interventions yet in the regulation of children’s digital lives. The resolution was issued by the Cabinet chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, and applies to social media […]
Arabian Post Staff -Dubai MENA mergers and acquisitions are expected to recover only gradually after war-driven volatility hit confidence, even as bankers say the region’s strategic deal pipeline remains alive. Bank of America expects activity lost during the first half of the year to take months, rather than days or weeks, to return, with transactions delayed by the conflict involving Iran, the US and Israel. The bank’s […]
Arabian Post Staff -Dubai Investcorp has acquired a strategic stake in Metra, the UAE-headquartered IT distributor, in a deal that strengthens the Bahrain-based alternative investment manager’s exposure to the Gulf’s expanding digital infrastructure, artificial intelligence and cybersecurity markets. The value of the transaction and the size of the shareholding were not disclosed. The investment gives Metra its first institutional shareholder and is intended to support the company’s […]
Arabian Post Staff -Dubai Saudi Aramco is considering the sale of a stake in its sulphur business as the state-controlled energy group expands a wider drive to unlock cash from infrastructure assets and support Saudi Arabia’s investment-heavy economic transformation. The potential transaction, known internally as Project Yellowstone, could raise as much as $7 billion and would cover assets linked to sulphur storage and export terminals. Aramco invited […]
Arabian Post Staff -Dubai Doha’s 12th Islamic Finance Conference opened on Tuesday with artificial intelligence moving from a technology sidebar to the centre of debate over Shariah-compliant banking, waqf, zakat and digital markets. The one-day gathering at Al Majlis Hall in the Sheraton Grand Doha was held under the patronage of Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani, Prime Minister and Minister of Foreign Affairs, and carried […]
Arabian Post Staff -Dubai Dubizzle Group has taken a strategic stake in Tern, a UAE rental rewards platform, in a move aimed at extending its property business beyond search listings into rent payments, loyalty benefits and landlord-facing digital services. The investment, made through Dubizzle Group Ventures, will place Tern inside Bayut and dubizzle on an exclusive basis, allowing tenants to pay rent by credit card while earning […]
Arabian Post Staff -Dubai Valve’s SteamOS has moved into Intel Arc territory after beta updates widened support beyond AMD-powered handhelds, allowing MSI’s Claw 8 AI+ to run the gaming operating system while community testing showed a desktop Arc B580 card booting into the same ecosystem. The shift is an important step for Linux gaming hardware, though it remains far from a polished Windows replacement for Intel users. […]
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 […]
