Arabian Post Staff -Dubai Wall Street is confronting a fresh source of pressure on US government bonds as the extra compensation investors demand for holding longer-term debt climbs to its highest level in more than a decade. The so-called term premium on 10-year Treasury securities has risen by roughly 40 basis points since mid-September to about 0.98%, according to a model maintained by the Federal Reserve Bank […]
Arabian Post Staff -Dubai United Arab Emirates prosecutors say a flydubai co-pilot who attacked the captain of a passenger aircraft intended to crash the jet into a terminal at Israel’s Ben Gurion Airport in a suicide operation. Attorney-General Hamad Saif al-Shamsi said on Friday that Hammam al-Hammami, a 29-year-old citizen of Oman, had admitted planning to seize control of the Dubai-to-Tel Aviv flight and cause the greatest […]
Arabian Post Staff -Dubai The UAE economy expanded by 0.4 per cent in the first half of 2026, reaching Dh961.9 billion in real gross domestic product, as non-oil activities sustained growth despite a contraction during the second quarter. Figures released on Friday by the Federal Competitiveness and Statistics Centre (FCSC) showed that non-oil GDP increased by 1.8 per cent compared with the corresponding period of 2025, lifting […]
Arabian Post Staff -Dubai SoftBank Group chief executive Masayoshi Son is seeking up to $100 billion from Gulf investors for a proposed fund that would acquire businesses and transform their operations using artificial intelligence. The fundraising discussions are at an early stage, with senior figures in the United Arab Emirates among those approached. No commitments or final agreements have been announced, and there is no assurance that […]
Arabian Post Staff -Dubai Saudi Arabia’s Almarai plans to invest more than $4 billion through 2031 to expand production capacity, diversify its food and beverage portfolio and strengthen its presence across priority markets. The Riyadh-based company unveiled details of its 2026–2031 growth strategy at a capital markets day on Thursday, outlining four priorities covering established businesses, new product categories, emerging distribution channels and geographical expansion. The investment […]
Arabian Post Staff -Dubai Lufthansa Group, IndiGo, Air India and Akasa Air have suspended flights to Riyadh following renewed threats from Yemen’s Houthi movement and its claim of a ballistic missile attack on the Saudi capital’s international airport. The cancellations announced on Thursday disrupted international services as airlines assessed security conditions around King Khalid International Airport, where explosions and smoke were reported following the alleged attack. Lufthansa […]
Arabian Post Staff -Dubai Abu Dhabi’s Mubadala Capital has secured US regulatory clearance for its $6.2 billion acquisition of Clear Channel Outdoor Holdings, removing the final regulatory obstacle to taking the American billboard advertising company private. Clear Channel announced on Wednesday that the Committee on Foreign Investment in the United States had approved the transaction, allowing the investor consortium led by Mubadala Capital to proceed towards completion […]
Arabian Post Staff -Dubai Senior Emirati women leaders have gathered in Dubai for a Women Board of Directors and PwC Middle East forum focused on leadership, resilience and expanding women’s influence across the UAE’s public and private sectors. The “Reaffirmation” gathering, held on September 28 at PwC Middle East’s Emaar Square offices, brought together Huda Buhumaid, Raja Al Mazrouei, Aarefa Al Falahi and Maha Al Hosani with […]
Arabian Post Staff -Dubai Deutsche Bank has made three key appointments in its Dubai office as the German lender broadens investment banking coverage across the Middle East and seeks to capture growing capital-markets and institutional-client business. Ilya Korobov has relocated from London to Dubai as a director of debt capital markets for Central and Eastern Europe, the Middle East and Africa. He joined Deutsche Bank in November […]
Arabian Post Staff -Dubai Oil prices climbed on Wednesday as traders assessed the risk of supply disruption from a developing Gulf of Mexico storm and escalating Houthi attacks on Saudi Arabia, offsetting signs that more Middle East crude was reaching global markets. Brent crude futures rose 93 cents, or 0.92%, to $101.51 a barrel by 0022 GMT, while US West Texas Intermediate crude gained 82 cents, or […]
Arabian Post Staff -Dubai Dubai’s residential and commercial property transactions totalled AED 90.62 billion in the third quarter of 2026, with off-plan housing retaining the largest share of residential activity, according to market data released by Springfield Properties. The dataset recorded 36,738 transactions during the quarter, including residential sales worth AED 72.58 billion across 33,949 deals. Off-plan residential properties accounted for AED 41.58 billion through 23,457 transactions, […]
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 […]
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 […]
