Arabian Post Staff -Dubai QNB Egypt has signed an EGP 5.5 billion medium-term facility agreement with MARAKEZ to finance part of the investment cost for residential and commercial expansion at District 5, strengthening one of East Cairo’s major mixed-use developments at a time when developers are turning increasingly to structured bank financing. The agreement covers funding for District 5, a 268-acre project in New Katameya that combines […]
Arabian Post Staff -Dubai Nokia has chosen Egypt as its support hub for the Middle East and Africa, setting up a centralised operational centre in Cairo to handle regional support activities and customer services across one of the world’s most diverse telecoms markets. The move places Egypt at the centre of Nokia’s service delivery model for operators, enterprises and public-sector customers across the region. The Cairo hub […]
Arabian Post Staff -Dubai Gulf Bank has renewed its long-term strategic collaboration with Mastercard, strengthening a payments alliance aimed at expanding digital banking services, improving transaction security and responding to changing customer behaviour across Kuwait’s financial sector. The renewed agreement gives Gulf Bank continued access to Mastercard’s payment technologies, digital solutions and global expertise, with a focus on contactless payments, mobile wallet services, card security, customer convenience […]
Arabian Post Staff -Dubai President Donald Trump has cancelled a planned visit to Pakistan by two of his senior envoys for negotiations over the Iran conflict, leaving a fragile ceasefire under deeper strain and casting doubt on the next phase of diplomacy aimed at halting a war that has unsettled energy markets and widened security risks across West Asia. Trump told Jared Kushner, his son-in-law, and special […]
Arabian Post Staff -Dubai Wall Street climbed to record levels as hopes for renewed US-Iran diplomacy, a stronger-than-expected Intel forecast and reduced uncertainty around Federal Reserve succession combined to fuel a broad risk rally across US assets. S&P 500 gained nearly 1 per cent on Friday, extending its longest weekly advance since 2024 and pushing the benchmark to an all-time high. Nasdaq also advanced, helped by a […]
Arabian Post Staff -Dubai UAE authorities have launched an ambitious public-sector transformation programme to move half of government sectors, services and operations onto agentic artificial intelligence within two years, marking a major shift from digital service delivery towards autonomous government systems. The initiative was announced by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, under the […]
Arabian Post Staff -Dubai Global gas markets face a deeper supply squeeze after the International Energy Agency estimated that conflict in the Middle East could remove about 120 billion cubic metres of liquefied natural gas from world supply between 2026 and 2030, a loss equal to roughly 15% of expected LNG availability over the period. The warning marks a sharp reversal for a market that had been […]
Arabian Post Staff -Dubai Oil climbed for a fifth straight session as stalled efforts to revive US-Iran de-escalation talks left traders bracing for a prolonged disruption to energy flows through the Strait of Hormuz, one of the world’s most important crude and gas corridors. Brent crude rose about 0.5% to trade near $106 a barrel, lifting its gains for the year to roughly 74%. The benchmark […]
Arabian Post Staff -Dubai Abu Dhabi’s Aldar has sold 80 per cent of the homes released at Yas Park Place, generating more than AED800 million in sales and underscoring sustained investor appetite for lifestyle-led residential communities on Yas Island. The sales result places the project among the developer’s stronger launches of 2026, at a time when Abu Dhabi’s property market is drawing deeper interest from both […]
Arabian Post Staff -Dubai Aldar has sold 80% of the homes released in the first phase of Yas Park Place on Yas Island, generating more than AED800 million in sales and underlining the continuing pull of Abu Dhabi’s off-plan residential market at a time when demand remains strong from both domestic and overseas buyers. The project, announced on 23 April, adds another fast-moving launch to the […]
Arabian Post Staff -Dubai Masdar and Montenegro’s state power utility Elektroprivreda Crne Gore have agreed to create a 50-50 joint venture to develop large-scale renewable energy projects, giving the Adriatic country a fresh route to expand domestic generation, strengthen energy security and position itself as a supplier of cleaner electricity to neighbouring markets in the Balkans and southern Europe. The agreement was signed on 22 April […]
Arabian Post Staff -Dubai G-SHOCK has expanded its 2100 line with the GA-2100CM series, bringing a camouflage-led redesign to one of its most recognisable silhouettes as the watch market leans further into fashion-driven utility. The new models, including the GA-2100CM-5A and GA-2100CM-8A, keep the slim octagonal form that helped turn the 2100 family into a strong seller, but add a metallic camouflage finish and a hidden G-mark […]
Arabian Post Staff -Dubai Raimondi Middle East has crossed the threshold of 100 cranes in operation across the UAE, underscoring how deeply the company has embedded itself in one of the Gulf’s busiest construction markets. The 100th machine, a Raimondi LR273 luffing jib crane, has been deployed in Dubai and is the first unit of that model to be installed in the country. The milestone is more […]
Arabian Post Staff -Dubai Stake has teamed up with ACE & Company to build a secondary transfer facility for fractional real estate investments in the UAE, a move aimed at tackling one of the biggest weak points in digital property ownership: liquidity. The Dubai-based platform said the arrangement is designed to give investors clearer routes to sell holdings before the eventual disposal of an underlying asset, while […]
Arabian Post Staff -Dubai Abu Dhabi has stepped up its push to place more Emiratis in banking, finance and insurance, with the Central Bank of the UAE saying the sector’s Emiratisation programme outperformed its 2025 target and moved beyond entry-level hiring towards strategic and specialised roles. The latest official update said the “Ethraa” programme reached 160% of its 2025 goal, building on a strong 2024 performance and […]
Arabian Post Staff -Dubai Al-Futtaim has launched a nationwide initiative called “One Family”, positioning the programme as a year-long effort to create more opportunities for families across the UAE to spend time together through shared experiences, practical support and community-focused activities aligned with the country’s Year of Family 2026. The group said the initiative will run across its retail, automotive, real estate, health, financial services and […]
Arabian Post Staff -Dubai Washington’s suggestion that the United Arab Emirates might need outside financial support has drawn a swift rebuttal from Abu Dhabi, with the country’s envoy in the United States saying such claims misread the strength of the federation’s economy and balance sheet. The response followed remarks by President Donald Trump that a currency swap arrangement with the UAE was under consideration and that he […]
Arabian Post Staff -Dubai Commodity trading houses are drawing another surge in earnings as the conflict centred on Iran tears through oil, gas and shipping markets, sending prices higher, widening regional differentials and creating the kind of volatility that large physical merchants have historically turned into outsized gains. The upheaval has hit flows through the Strait of Hormuz, jolted tanker availability, lifted insurance costs and scrambled crude […]
Arabian Post Staff -Dubai Donald Trump has said Washington is considering a currency swap arrangement with the United Arab Emirates, opening the door to an extraordinary financial support mechanism as Gulf states assess the economic risks created by the war involving Iran and the disruption around the Strait of Hormuz. The remark has thrust an arcane central-banking tool into a fast-moving geopolitical crisis and underlined how quickly […]
Arjavi Indraneesh While demand for shisha smoking is steadily going up, air quality regulations, fire safety concerns and the operational burden of managing charcoal-based systems have historically presented challenges to hospitality venues. Ronan Barry, Chief Legal and Corporate Affairs at AIR, the global leader in hookah and pioneer in advanced inhalation technologies, spoke to the Arabian Post on the emerging shisha trends and the company’s future plans. […]
Arabian Post Staff -Dubai Dubai International Financial Centre has unveiled plans to remake itself as what it describes as the world’s first AI-native financial centre, tying the ambition to a projected $3.5 billion contribution to Dubai’s economy and the creation of 25,000 jobs as artificial intelligence is woven into regulation, operations, talent development and the district’s built environment. The move marks a step beyond the common industry […]
Arabian Post Staff -Dubai Dubai Holding Real Estate has moved to reshape the financing model for off-plan home sales by partnering with Emirates NBD to embed mortgage solutions into purchases across projects developed by Meraas, Nakheel and Dubai Properties. The arrangement allows eligible buyers to seek mortgage pre-approval at the off-plan stage, widening access to bank finance earlier in the transaction and reducing dependence on developer-led instalment […]
Arabian Post Staff -Dubai Donald Trump has warned that large-scale bombing of Iran will resume if no agreement is reached before the ceasefire expires on Wednesday evening in Washington, sharpening pressure on Tehran at a moment when diplomacy remains uncertain and the risk of a wider regional shock is still high. The US president has said his sole fixed demand is that Iran must not acquire a […]
Arabian Post Staff -Dubai The United Arab Emirates said it had dismantled a terrorist organisation inside the country and arrested its members over what authorities described as a covert plot to undermine national unity, infiltrate sensitive locations and prepare sabotage operations. Investigators said the group was tied to Iran’s Wilayat al-Faqih doctrine, while state-linked reporting in the UAE said officials had publicly identified 27 suspects as part […]
