Arabian Post Staff -Dubai US emergency crude holdings have fallen below 300 million barrels for the first time in more than four decades as Washington continues drawing oil from the Strategic Petroleum Reserve to cushion energy markets from Middle East supply disruptions. Stocks in the Strategic Petroleum Reserve dropped by about 5.3 million barrels during the week ended August 14 to 293.4 million barrels. That was the […]
Arabian Post Staff -Dubai Prospects for a broader Middle East settlement have deteriorated after US President Donald Trump ruled out extending a temporary agreement with Iran, while renewed Israeli-Hezbollah violence placed Lebanon’s fragile ceasefire under mounting pressure. Asked whether Washington would seek more time under the memorandum of understanding signed with Tehran in June, Trump gave a categorical response: “No.” The agreement provided a 60-day window to […]
Arabian Post Staff -Dubai Saudi Aramco is offering crude to selected Asian refiners from outside the Strait of Hormuz, opening another supply route as prolonged disruption at the strategic waterway reshapes Gulf energy exports. The company is negotiating privately with buyers for Arab Medium and Arab Heavy crude to be transferred between vessels off Fujairah in the UAE. Some of the cargoes are intended for September loading. […]
Arabian Post Staff -Dubai Saudi Arabia will host more than 2,200 participants from 100 countries in Riyadh for the 21st IDRA World Congress on Desalination and Water Reuse, placing water security, desalination technology and reuse at the centre of an international policy and investment gathering. The congress, scheduled for November 1-5, will be held in Saudi Arabia for the first time and hosted by the Saudi Water […]
Arabian Post Staff -Dubai The United States and Iran had not confirmed an extension of their 60-day peace framework on Monday, despite reports that the two sides had agreed to prolong the arrangement as its August 17 deadline arrived. Current reporting instead indicated that the negotiating period had expired without a broader settlement. The conflicting accounts injected fresh uncertainty into efforts to contain the conflict and restore […]
Arabian Post Staff -Dubai XRG has entered Venezuela’s energy sector after securing an interest in the offshore Loran gas licence, extending Abu Dhabi National Oil Company’s international investment arm deeper into Latin America’s natural gas and liquefied natural gas market. The Abu Dhabi-based company will participate alongside BP and UCC Oil and Gas Holding in the second phase of Loran, a large offshore gas resource within Venezuela’s […]
Arabian Post Staff -Dubai ADQ has proposed buying all remaining shares in AD Ports Group for cash, potentially giving Abu Dhabi’s sovereign investment structure full ownership of one of the emirate’s most important ports, shipping and logistics businesses. The Abu Dhabi investment company, whose assets and investments were brought under the umbrella of sovereign investment platform L’IMAD earlier this year, holds about 75.42% of AD Ports Group. […]
Arabian Post Staff -Dubai IntrospeXion is expanding psychological support for workers in demanding UAE operating environments, deepening its engagement with offshore and onshore teams as companies place greater emphasis on mental wellbeing, resilience and human performance. The specialist workplace mental health consultancy has been working with Blu Subsea Diving Services, a Dubai-headquartered subsea services company, providing support to employees exposed to the pressures associated with offshore, marine […]
Arabian Post Staff -Dubai A 60-day window for the United States and Iran to negotiate a durable peace agreement has expired without a breakthrough, leaving the Strait of Hormuz dispute unresolved and military and economic pressure intensifying across the Gulf. The deadline was part of an interim framework agreed in June after months of conflict. It was designed to halt fighting, restore commercial navigation through the Strait […]
Arabian Post Staff -Dubai The UAE is accelerating its push into global markets through a rapidly expanding network of trade agreements designed to strengthen non-oil exports, attract investment and give domestic businesses easier access to major economies. The Comprehensive Economic Partnership Agreement programme has grown to 38 agreements since its launch in September 2021, extending the country’s commercial reach across Asia, Africa, Europe and the Americas. Eighteen […]
Arabian Post Staff -Dubai Iran has resumed crude loading at Kharg Island’s western terminal after a 25-day interruption, signalling a cautious restart at its main oil-export hub while Tehran expands alternative maritime and land-linked routes to reduce its exposure to the Strait of Hormuz blockade. Satellite imagery showed a very large crude carrier, or VLCC, berthed at the western terminal on August 12, the first vessel there […]
Arabian Post Staff -Dubai Riyadh has hosted an international education symposium aimed at giving young people a stronger role in defining what quality, excellence and fairness should mean in future education systems. The UNESCO Regional Center for Quality and Excellence in Education organised the event in cooperation with Yemen’s Ministry of Education as part of International Youth Day 2026. The programme brought together young people, education policymakers, […]
Arabian Post Staff -Dubai President Donald Trump has urged Americans to tolerate higher gasoline prices as the economic cost of stopping Iran from acquiring a nuclear weapon, while escalating tensions by saying he would soon declare the Strait of Hormuz US territory. Speaking in Garden City, New York, on Friday, Trump acknowledged the pressure that rising fuel costs were placing on households but argued that preventing Tehran […]
Arabian Post Staff -Dubai The UAE has pledged to defend its sovereignty and freedom of navigation through the Strait of Hormuz after another Adnoc vessel was attacked while crossing the strategic waterway, reinforcing Abu Dhabi’s determination to keep its energy trade moving despite escalating maritime threats. Dr Anwar Gargash, Diplomatic Adviser to the UAE President, said repeated attacks on Adnoc tankers would not force the country to […]
Arabian Post Staff -Dubai Mubadala Investment Company has increased its stake in Aldar Properties to 28.03 per cent, deepening its exposure to one of Abu Dhabi’s largest listed property groups as the developer expands its residential, commercial and recurring-income businesses. The Abu Dhabi sovereign investor raised its holding from 27.01 per cent through Mamoura Diversified Global Holding, its wholly owned subsidiary. The additional shares were accumulated through […]
Arabian Post Staff -Dubai Dubai stocks ended lower on Friday as disappointing corporate earnings and escalating tension around the Strait of Hormuz weighed on investor sentiment, while Abu Dhabi’s benchmark managed a marginal gain. The Dubai Financial Market’s main index fell 0.4%, extending losses for a second consecutive session. Air Arabia and contractor ALEC Holdings were among the biggest drags after their quarterly results disappointed investors. Emaar […]
Arabian Post Staff -Dubai Oil prices edged higher on Friday as Washington’s warning that it could maintain a naval blockade of Iran indefinitely revived fears of tighter crude supplies, countering pressure from a sharp rise in US inventories and a weaker global demand outlook. Brent crude futures were up 1 cent at $87.08 a barrel by 0247 GMT, while US West Texas Intermediate crude rose 6 cents […]
Arabian Post Staff -Dubai Specialist salvage vessels, aircraft and pollution-control equipment are being deployed off Oman as crews race to contain a widening Russian crude oil spill that has reached the country’s mainland coast and threatens one of the Arabian Sea’s most sensitive marine ecosystems. The operation centres on the Caroline Bezengi, a 247-metre oil tanker that ran aground near Qabiliyah Island after suffering damage linked to […]
Arabian Post Staff -Dubai Abu Dhabi Securities Exchange has opened official live market data to conversational artificial intelligence platforms, allowing investors and institutions to interrogate exchange information through tools including ChatGPT and Claude using ordinary language. The initiative makes ADX the first exchange in the Middle East and North Africa to provide such access through a governed Model Context Protocol, or MCP, server. The system connects compatible […]
Arabian Post Staff -Dubai Sukuk have become more liquid than conventional bonds across key Gulf markets, with Saudi Arabia, Oman and Bahrain recording stronger trading conditions for Islamic debt as regional fixed-income markets recover from disruption caused by the US-Iran conflict. Liquidity scores for sukuk rose to 68 compared with 57 for bonds when US dollar outstanding securities were excluded, widening the gap between the two asset […]
Arabian Post Staff -Dubai Google has removed false information from its search results that declared OpenAI chief executive Sam Altman dead, after vandalism of public information sources fed incorrect data into one of the search engine’s prominent information panels. The error appeared on August 12, when searches for Altman displayed a death date of August 12, 2026. Screenshots of the result spread rapidly across X and Reddit […]
Arabian Post Staff -Dubai Kuwait has foiled an alleged ISIS-linked plot to attack a vital facility using a specially built drone and explosives, arresting a citizen before the planned operation could be carried out. The Interior Ministry said the State Security Service uncovered the plan after intensive monitoring and surveillance. Investigators found that the suspect had received training in manufacturing explosives and drones and had constructed a […]
Arabian Post Staff -Dubai Saudi Arabia has emerged among the world’s 10 leading destinations for private artificial intelligence investment, strengthening its position in a global race to secure capital, computing capacity and specialised talent. The World Development Report 2026, The Promise of Artificial Intelligence, places the Kingdom among a relatively small group of economies attracting substantial private investment into AI. The assessment comes as Riyadh directs more […]
Arabian Post Staff -Dubai A dispute over an alleged “lungi-wala” remark directed at CPI MP John Brittas triggered uproar in the Rajya Sabha, a privilege notice and a show of solidarity by Opposition MPs wearing traditional southern attire. Brittas told the House on Wednesday that a fellow member had repeatedly used the expression while he was speaking during proceedings on August 10. He later identified the member […]
