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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. […]

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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 […]

Arabian Post Staff -Dubai Majid Al Futtaim has opened ELMNT33° at Mall of Egypt, investing EGP457 million in a new dining, lifestyle and co-working destination as the Dubai-based group broadens its footprint in Egypt. The 5,250-square-metre development brings restaurants and cafés together with lifestyle offerings and flexible workspaces at the mall in 6th of October City. The company said the concept is intended to extend the role […]

Arabian Post Staff -Dubai Unilever Egypt has commissioned a new Sunsilk shampoo production line at its Mashreq Personal Care factory in 6th of October City, raising the plant’s annual production capacity by 20% and directing the additional output entirely to export markets. The line is the 13th at the factory and forms part of the consumer goods group’s expansion of manufacturing in Egypt. The facility currently sends […]

Arabian Post Staff -Dubai Israeli Prime Minister Benjamin Netanyahu travelled to Abu Dhabi on Sunday for an unannounced meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, according to a senior Israeli official, while neither government disclosed details of the talks. Netanyahu flew to the UAE capital aboard a private aircraft and remained there for four hours before returning to Israel that evening. Flight details cited […]

Arabian Post Staff -Dubai Iran maintained its conditions for reopening the Strait of Hormuz under a seven-day plan on Sunday, as US President Donald Trump rejected Tehran’s terms but said he expected negotiations to resume this week. Iranian Foreign Minister Abbas Araghchi said Tehran would not dilute demands tied to reopening the strategic waterway, while insisting diplomacy remained possible. Iran is awaiting a definitive US response through […]

Arabian Post Staff -Dubai Sharjah Islamic Bank has completed a $500 million five-year sukuk after attracting $1.3 billion of orders, giving the Sharia-compliant lender demand equal to 2.6 times the issue size. The sukuk was priced at a final yield and periodic distribution rate of 5.85 per cent, equivalent to a spread of 105 basis points over five-year US Treasuries. The transaction was priced at par and […]

Arabian Post Staff -Dubai Huawei is making its first appearance at the Egypt Mining Forum on Monday, presenting digital-power and clean-energy technologies aimed at improving the reliability, efficiency and sustainability of mining operations. The company is participating in the fifth edition of the two-day forum, which opens on September 28 at the St Regis New Capital in Cairo under the patronage of President Abdel Fattah El-Sisi. Egypt’s […]

Arabian Post Staff -Dubai The UAE’s ambassador to Uzbekistan has received a joint delegation from the Emirates Scholar Center for Research and Studies and the Islamic World Educational, Scientific and Cultural Organization, with talks focusing on expanding academic, cultural and research cooperation with Uzbek institutions. Dr Saeed Matar Al Qamzi hosted the delegation at the UAE Embassy in Tashkent during its visit to Uzbekistan, the Emirates Scholar […]

Arabian Post Staff -Dubai Young delegates have presented the outcomes of the inaugural Young Voices for Justice Youth Forum to the UAE Ministry of Justice as the 15th United Nations Congress on Crime Prevention and Criminal Justice opened in Abu Dhabi. The handover on Saturday placed youth recommendations before the six-day UN gathering after 62 young people from around the world spent two days developing proposals on […]

Arabian Post Staff -Dubai Microsoft has refreshed its compact Surface Pro 12-inch and Surface Laptop 13-inch with Qualcomm’s Snapdragon X2 Plus processor, raising performance and local artificial-intelligence capacity while keeping the existing lightweight designs. The devices, announced at Qualcomm’s Snapdragon Summit, will go on sale in selected markets on October 13. The Surface Pro 12-inch starts at $1,149.99, while the Surface Laptop 13-inch starts at $1,199, placing […]

Arabian Post Staff -Dubai Iran has floated a plan to dilute and transfer its stockpile of uranium enriched to 60 per cent to a third country, as Tehran seeks to break a diplomatic deadlock with the United States and secure a phased reopening of the Strait of Hormuz. People familiar with Iran’s position said the proposal would involve first reducing the enrichment level of the material and […]

Arabian Post Staff -Dubai Iran has presented the United States with a proposed regional ceasefire framework that would halt attacks on Arab states, gradually reopen the Strait of Hormuz and set a timetable for broader negotiations aimed at ending the conflict, according to officials briefed on the diplomatic effort. The proposal, conveyed during talks around the United Nations General Assembly in New York, envisages a ceasefire lasting […]

Arabian Post Staff -Dubai Saudi Arabia is driving a $90 billion hotel and resort development pipeline across the Gulf and North Africa, accounting for about 110,000 of nearly 200,000 rooms planned across the region, new HVS data show. The pipeline would expand the region’s existing hotel room supply by about 27 per cent, underlining the scale of investment continuing across major tourism markets despite a more selective […]

Arabian Post Staff -Dubai Turkish Airlines has finalised an agreement with Boeing for up to 150 737 MAX aircraft, securing 100 firm 737-8 orders and options for 50 more jets in its largest single-aisle purchase from the US manufacturer. The agreement, announced on Wednesday, concludes negotiations that began in 2025 and gives the carrier substitution rights allowing some of the additional aircraft to be converted to the […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
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