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arabian post staff

Arabian Post Staff -Dubai Saudi Real Estate Refinance Company has agreed to acquire another residential mortgage portfolio from Banque Saudi Fransi, marking the third portfolio purchase between the two institutions as Saudi Arabia expands liquidity in its housing finance market. The Public Investment Fund-owned company, known as SRC, said the transaction would reinforce cooperation with BSF by supplying liquidity to mortgage lenders and increasing their capacity to […]

Arabian Post Staff -Dubai ADNOC has agreed to supply Thailand’s Gulf Group with approximately two million tonnes of liquefied natural gas under a multi-year contract, with deliveries scheduled to begin in 2027. The Sales and Purchase Agreement expands a commercial relationship established through the companies’ first LNG supply deal in 2025 and gives ADNOC Trading a larger direct role in supplying the Asian market. Neither company disclosed […]

Arabian Post Staff -Dubai Rasmal Ventures and Türkiye’s Bilişim Vadisi have signed a three-year cooperation agreement aimed at creating a structured route for startups, investors and companies between Türkiye and Gulf markets. The memorandum of understanding, signed in Istanbul, covers joint innovation programmes, investor and business-to-business matchmaking, knowledge exchange, capacity building and the movement of startups, specialists and networks between the two regions. The partnership also involves […]

Arabian Post Staff -Dubai Yemen’s internationally recognised government has ordered its armed forces into a nationwide campaign to retake Houthi-held territory, marking a sharp expansion of fighting after weeks of escalating confrontation involving the Iran-backed group and Saudi Arabia. Rashad Al-Alimi, chairman of the Presidential Leadership Council and supreme commander of the armed forces, announced the operation on Sunday, saying the government was moving from preparation to […]

Arabian Post Staff -Dubai Saudi Aramco has cut the November official selling price of its flagship Arab Light crude for Asian customers by $3 a barrel, setting it at a $5 discount to the average of Oman and Dubai benchmarks, the widest discount since June 2020. The unexpectedly deep reduction comes as Brent crude remains above $100 a barrel amid persistent Middle East security risks, while recovering […]

Arabian Post Staff -Dubai Israel’s Supreme Court has unanimously restored the country’s two main Arab electoral lists to the October 27 parliamentary ballot, overturning disqualifications imposed by the Central Elections Committee before voting this month. The court ruled that neither Ra’am nor the Joint List met the stringent legal threshold required to exclude a political list from a Knesset election. The decision preserves the principal electoral vehicles […]

Arabian Post Staff -Dubai The UAE Ministry of Finance has listed its second five-year Sovereign Retail T-Sukuk on Nasdaq Dubai, opening the government-backed Islamic instrument to secondary-market trading after subscription, allocation and settlement were completed. The offering drew subscription orders of AED285 million, about 5.7 times its AED50 million target, underscoring demand among individual investors for the second issuance under the sovereign retail programme. The sukuk carries […]

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Arabian Post Staff -Dubai Abu Dhabi’s Mubadala Investment Company was the most active sovereign wealth fund among the Gulf’s leading state investors during the first nine months of 2026, deploying $26.2 billion, according to data released by Global SWF. Saudi Arabia’s Public Investment Fund ranked second with $14 billion of investments between January and September, followed by Abu Dhabi Investment Authority at $12.2 billion, Abu Dhabi’s L’imad […]

Arabian Post Staff -Dubai The two pilots involved in a violent cockpit altercation aboard flydubai flight FZ1073 have been transferred from Saudi Arabia to Abu Dhabi, placing them directly within a UAE investigation seeking to establish what triggered the mid-air emergency. Saudi Arabia’s Ministry of Interior said the captain and co-pilot left for Abu Dhabi on Thursday after receiving medical clearance, accompanied by a UAE security team. […]

Arabian Post Staff -Dubai Saudi Arabia has lifted crude flows through its East-West Pipeline to nearly 6 million barrels a day, restoring more than 80% of the strategic route’s capacity and sharply increasing oil available for export from the Red Sea coast. The 7 million-barrel-a-day conduit, operated by Saudi Aramco, is now carrying volumes close to levels reached during the Iran war, after running at roughly half […]

Arabian Post Staff -Dubai Etihad Airways is seeking legal advice on possible action after rejecting implications arising from an independent commission’s findings that Manchester City breached Premier League financial rules. The Abu Dhabi airline, Manchester City’s principal sponsor since 2009, said it “categorically rejects any finding, conclusion or implication” suggesting that it had ever participated in improper commercial arrangements. It said it would obtain legal counsel on […]

Arabian Post Staff -Dubai Prime Minister Narendra Modi has praised Captain Smit Machchhar as a “hero” for his actions during a cockpit emergency aboard a flydubai flight from Dubai to Tel Aviv, saying his courage helped avert a major tragedy. Modi said on Thursday that Machchhar showed “immense courage” and an unwavering determination to protect others despite suffering serious injuries. “India is proud of Captain Machchhar,” he […]

Arabian Post Staff -Dubai Oil prices were broadly steady above $102 a barrel on Friday as traders weighed China’s suspension of fuel exports and an expanding US military presence in the Middle East against signs that regional crude supplies were recovering. Brent crude slipped 3 cents, or 0.03%, to $102.28 a barrel by 0350 GMT after edging higher earlier in Asian trading. US West Texas Intermediate fell […]

Arabian Post Staff -Dubai Global air passenger demand fell 0.8 per cent year-on-year in August, as a renewed contraction in Middle Eastern traffic outweighed growth across several other regions, the International Air Transport Association said. Demand, measured in revenue passenger kilometres, declined from August 2025 even as airlines increased total capacity by 0.3 per cent, measured in available seat kilometres. The global passenger load factor consequently slipped […]

Arabian Post Staff -Dubai UAE-based technology company AIQ has signed an agreement to enter India’s oil and gas sector, extending its international expansion with a deployment covering an unnamed conglomerate’s refineries, fuel stations and digital stores. Chief Executive Officer Dennis Jol disclosed the agreement at a media briefing on Wednesday but declined to identify the customer or give financial terms. The contract marks AIQ’s entry into one […]

Arabian Post Staff -Dubai Israel’s Transport Minister Miri Regev has called for all Flydubai flights to Israel to be suspended after a Dubai-Tel Aviv service made an emergency landing in Saudi Arabia following a serious cockpit incident on Wednesday. Regev asked Israel’s Shin Bet security service to halt the Dubai-based carrier’s operations pending an investigation into the episode and compliance with security arrangements governing its services to […]

Arabian Post Staff -Dubai Oman’s manufacturing output rose 16.1 per cent year on year to about RO2.188 billion in the first half of 2026, with chemicals and refined petroleum products driving a broad expansion in industrial activity. Data from the National Centre for Statistics and Information showed basic chemicals manufacturing increased 22.7 per cent to RO659.6 million, while refined petroleum products climbed 40 per cent to RO397.2 […]

Arabian Post Staff -Dubai Chicago’s City Council has approved the $2.53 billion sale of its privatised parking-meter concession to Stonepeak Partners, clearing the transfer from a Morgan Stanley-led investor group after months of political dispute over the transaction. Aldermen voted 46-3 on Tuesday to authorise Stonepeak, a New York-based infrastructure investment firm, to acquire Chicago Parking Meters LLC, which controls the city’s metered street-parking system under a […]

Arabian Post Staff -Dubai Saudi Arabia, Turkey and Pakistan have moved to activate military coordination under their new joint defence pact after Houthi attacks on the kingdom, with Pakistan pledging to defend Saudi Arabia by “whatever means” are required. Pakistan’s Defence Minister Khawaja Muhammad Asif said Islamabad stood unequivocally behind the kingdom under the Makkah Joint Defence Agreement, though he did not say whether Pakistan had joined […]

Arabian Post Staff -Dubai Abu Dhabi sovereign investor L’Imad Holding is positioning AD Ports Group for tighter state control as the emirate strengthens trade routes outside the Strait of Hormuz, with its takeover of the ports operator moving towards settlement after attracting acceptances that will lift its holding above 98.5 per cent. The transaction, conducted through L’Imad’s wholly owned subsidiary ADQ, values AD Ports at Dh31.8 billion. […]

Arabian Post Staff -Dubai Saudi Arabia’s local-currency debt market is poised to attract greater foreign participation as riyal-denominated government sukuk enter JPMorgan’s Government Bond Index-Emerging Markets series from 2027, according to Fitch Ratings. Fitch said the planned inclusion should draw additional overseas investment into a market that is already more developed than local-currency debt markets elsewhere in the Gulf Cooperation Council. Foreign investors accounted for 15% of […]

Arabian Post Staff -Dubai Iraq Stock Exchange has begun live trading through Abu Dhabi Securities Exchange’s Tabadul network, giving investors in Iraq direct access to securities listed in Abu Dhabi and opening the Iraqi market to eligible investors across the cross-border platform. ADX said on Tuesday that ISX had become the eighth market to go live on Tabadul, while the wider network now comprises 11 exchanges. The […]

Arabian Post Staff -Dubai Abu Dhabi-based Shorooq and Presight have invested in Maven Robotics as part of the US industrial robotics company’s $100 million Series A financing round. The investment was made through the Presight–Shorooq AI and Bedaya funds managed by Shorooq, the companies said. RoboStrategy, LocalGlobe, Vine Ventures and XTX Ventures also participated in the financing, which Maven announced earlier this month. The individual commitments from […]

Arabian Post Staff -Dubai Oil prices steadied near $105 a barrel on Tuesday as Saudi Arabia restored substantial flows through its East-West pipeline, easing supply concerns while stalled US-Iran diplomacy kept a risk premium embedded in the market. Brent crude futures for November traded around $105.50 a barrel after settling at $105.28 on Monday, while US West Texas Intermediate was near $93. Prices had risen earlier as […]

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Just in:
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