Articles written by arabian post staff

SoF launches $707m Miraggio waterfront build in Ras Al Khaimah

Arabian Post Staff -Dubai Source of Fate, a luxury real estate developer operating under the Wheel of Fate Group, has begun construction on Miraggio, a $707 million waterfront development on Al Marjan Island in Ras Al Khaimah, marking one of the largest private luxury residential investments announced on the northern emirate’s coastline. The ground-breaking ceremony on the reclaimed island signals the company’s formal entry into the upper […]

January 23

UAE agrees to take seat on proposed Peace Board

Arabian Post Staff -Dubai United Arab Emirates has accepted an invitation from the United States to join the Board of Peace, a new diplomatic initiative advanced by President Donald Trump that aims to promote stability, restore dependable governance and help secure peace in conflict-affected regions, according to officials familiar with the discussions. The acceptance places Abu Dhabi among the first governments to publicly align with the proposal, […]

January 22

GOW

Elecrow’s CrowPanel rotary display tested as a DIY control hub

Arabian Post Staff -Dubai Elecrow’s CrowPanel Rotary Display is positioning itself as a compact, multifunctional control interface for hobbyists and developers seeking tactile interaction in smart home and embedded projects. Designed as a programmable rotary knob with an integrated display, the device aims to bridge the gap between touchscreens and physical controls, offering a more intuitive way to manage connected systems without relying solely on mobile apps. […]

January 22

EDGE unit deepens powertrain reach with Allison dealership pact

Arabian Post Staff -Dubai EDGE, a specialised business unit operating under Trust’s industrial solutions portfolio, has signed a dealership agreement with Allison Transmission, marking a strategic step that broadens its footprint in high-performance propulsion systems and aftersales support across key regional markets. The agreement positions EDGE as an authorised dealer for Allison Transmission’s fully automatic transmissions, covering sales, service, genuine parts and technical support. The partnership […]

January 22

Saudi tourism posts record year in 2025

Arabian Post Staff -Dubai Saudi Arabia recorded a landmark year for tourism in 2025, welcoming more than 122 million domestic and international visitors and generating close to $80 billion in total spending, according to official estimates and sector-wide assessments. The figures underline the scale and pace of change in a country long associated with pilgrimage travel but now positioning itself as a diversified global tourism destination. Data […]

January 21

Qatar power project secures landmark JBIC financing

Arabian Post Staff -Dubai Ras Abu Fontas Power, a project company linked to one of Qatar’s largest power and water complexes, has signed a financing agreement of about $990 million with the Japan Bank for International Cooperation, marking one of the most substantial bilateral development-backed commitments to the Gulf’s utilities sector this year. The agreement underpins the long-term funding structure of the Ras Abu Fontas facility, a […]

January 21

Advertisements
ADVERTISEMENT
 

Mubadala sharpens AI and robotics focus

Arabian Post Staff -Dubai Abu Dhabi’s sovereign wealth fund Mubadala is stepping up its push into artificial intelligence and robotics, positioning the twin technologies as a central driver of industrial growth and a compass for future capital allocation, according to remarks by its chief executive at the World Economic Forum in Switzerland. The $330 billion investor, formally known as Mubadala Investment Company, has been widening its exposure […]

January 21

Meraki Developers unveils Nirvana Residence 1 in Dubai Production City

Arabian Post Staff -Dubai Meraki Developers has launched Nirvana Residence 1, a 22-storey residential tower positioned in Me’aisem within Dubai Production City, marking the company’s latest entry into a competitive mid-market segment that blends lifestyle design with wellness-led planning. The project is being pitched as a calm, community-oriented development in an area that has emerged as a residential alternative for professionals working across Dubai’s southern business corridors. […]

January 20

Gulf swimming meet opens with record field

Arabian Post Staff -Dubai Abu Dhabi is set to host the 30th Gulf Cooperation Council Swimming Championship from January 22 to 25, bringing together around 200 male and female swimmers from six Gulf countries in what organisers describe as the largest and most competitive edition to date. The four-day event will be staged at the Mohammed Bin Zayed Sports Center and will feature age categories ranging from […]

January 19

Georgetown Qatar students earn elite global affairs awards in China

Arabian Post Staff -Dubai Two students from Georgetown University in Qatar have secured places in the highly selective Schwartzman Scholars programme, marking a notable academic milestone for the Doha-based campus and underscoring the growing links between Middle East institutions and leading centres of study in China. Kingwell Ma and Zarrish Ahmed have been awarded fully funded, one-year master’s degrees in Global Affairs at Tsinghua University in Beijing, […]

January 19

Sharjah heritage titles take centre stage in Cairo

Arabian Post Staff -Dubai Sharjah’s cultural publishing push is being highlighted at one of the Arab world’s most prominent literary gatherings, with more than 1,000 publications showcased by the Sharjah Institute for Heritage at the 57th edition of the Cairo International Book Fair, opening on January 21 and running until February 3, 2026. Sharjah Institute for Heritage is presenting a wide-ranging catalogue that reflects decades of research […]

January 19

Dubai advances strategic sewerage tunnels expansion with Phase II bids

Arabian Post Staff -Dubai Dubai Municipality has invited bids from prequalified developers and consortiums for a key phase of the Dubai Strategic Sewerage Tunnels programme, signalling momentum on one of the emirate’s largest long-term infrastructure undertakings aimed at overhauling wastewater collection and transfer. The authority said requests for proposal have been issued for the Phase II Links Package of the project, which is designed to connect outlying […]

January 18

Saudi Arabia sends senior delegation to Davos forum

Arabian Post Staff -Dubai A high-level delegation from Saudi Arabia, led by Minister of Foreign Affairs Prince Faisal bin Farhan bin Abdullah, is set to take part in the World Economic Forum Annual Meeting 2026, underlining Riyadh’s effort to shape global economic and political debates at a time of shifting trade patterns, energy transitions and geopolitical uncertainty. Officials familiar with the plans said the delegation would include […]

January 18

Masdar-led consortium secures Ibri III solar close

Arabian Post Staff -Dubai Abu Dhabi-based clean energy company Masdar has reached financial close on the Ibri III Solar Independent Power Project in Oman, marking a milestone for the sultanate’s power sector as it brings together utility-scale solar generation with battery energy storage for the first time. The project is being developed by a consortium comprising Masdar, Al Khadra Partners, Korea Midland Power Co. and OQ Alternative […]

January 17

Dubai readies first electric air taxi launch

Arabian Post Staff -Dubai Dubai is preparing to introduce electric air taxis into commercial service before the end of the year, marking a pivotal step in the emirate’s push to reshape urban mobility through cleaner, faster transport options. The timeline was outlined by Mattar Al Tayer, chairman of the Dubai Roads and Transport Authority, who said regulatory approvals and infrastructure preparations are advancing in parallel with […]

January 17

Adnoc weighs Venezuela gas entry amid market shift

Arabian Post Staff -Dubai Abu Dhabi National Oil Company, the United Arab Emirates’s flagship petroleum producer, is evaluating options to enter Venezuela’s energy industry with a focus on gas projects, signalling a potential strategic pivot that could reshape international investment patterns in one of the world’s most under-utilised hydrocarbon reserves. This deliberation forms part of Adnoc’s broader international expansion plans via its overseas investment arm, XRG, and […]

January 16

IHC–US development finance pact signals strategic capital push

Arabian Post Staff -Dubai Abu Dhabi-based conglomerate International Holding Company and the United States’ Development Finance Corporation have agreed to jointly deploy capital across emerging and frontier markets, marking one of the most ambitious investment alignments yet between a Gulf corporate heavyweight and Washington’s global development finance arm. The agreement, announced by both parties, sets out a framework to invest at scale in sectors considered critical […]

January 15

Emirates NBD sets stage for digital dirham notes

Arabian Post Staff -Dubai Emirates NBD Bank, the UAE’s second largest lender by assets, has taken a step towards expanding the domestic capital markets by mandating its debut dirham-denominated Regulation S three-year fixed-rate digitally native notes, marking a move that blends traditional funding with blockchain-enabled issuance infrastructure. The planned transaction signals growing confidence among regional issuers in digital settlement frameworks while maintaining alignment with established international clearing […]

January 13

L&T shares slide on Kuwait oil tender uncertainty

Arabian Post Staff -Dubai Shares of Larsen & Toubro fell sharply in early trading on January 13, extending losses after reports indicated that Kuwait is weighing the cancellation of oil and gas project tenders with an estimated value of $8.7 billion, a development that unsettled investors exposed to the company’s hydrocarbons order book. The stock dropped close to 3 per cent during morning deals, touching a one-month […]

January 13

Peer to Peer

Dubai curbs privacy tokens and reshapes stablecoin oversight

Dubai’s financial regulator will bar privacy-enhancing cryptoassets from operating inside its main international finance hub from January 12, 2026, sharpening the emirate’s stance on anti-money laundering and sanctions compliance while tightening how stablecoins can be issued and used. The decision by the Dubai Financial Services Authority applies within the Dubai International Financial Centre and prohibits regulated firms from trading, holding, promoting or facilitating privacy tokens and transaction-obfuscation […]

SABIC moves to exit European and Western plastics assets

Arabian Post Staff -Dubai Saudi Basic Industries Corporation has agreed to divest its European petrochemicals arm and its engineering thermoplastics operations across the Americas and Europe, marking a significant portfolio shift by the chemical producer as it sharpens its focus on core businesses. The company said it has signed a definitive agreement with Germany’s AEQUITA SE & Co. KGaA to sell 100 per cent of its shares […]

Dar Global unveils Trump luxury projects

Arabian Post Staff -Dubai Saudi-based developer Dar Global has confirmed plans to launch two Trump-branded luxury developments in Riyadh and Jeddah with a combined value of about $10 billion, marking one of the most ambitious foreign-branded property ventures tied to the kingdom’s urban transformation drive. Chief executive Ziad El Chaar said the projects will anchor premium hospitality, residential and leisure offerings in locations central to Saudi Arabia’s […]

GOW

Donkey Kong controller deal draws Switch buyers

Arabian Post Staff -Dubai Price cuts on a Donkey Kong-themed wireless controller are drawing attention across the Nintendo accessories market, as retailers deepen discounts on officially licensed hardware designed for both current and next-generation consoles. The promotion centres on the Turtle Beach Rematch Wireless Controller: Donkey Kong Edition, now selling for $41.61, down from $60, with select shoppers able to apply an additional coupon that lowers the […]