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Arabian Post Staff -Dubai Ajman Real Estate Investment Exhibition 2026 recorded 344 property transactions worth AED226 million on its third day, as visitor numbers reached 6,936 at Emirates Hospitality Hall. The figures were announced as the fourth edition of the exhibition continued in Ajman on Wednesday, with the Ajman Land and Real Estate Regulation Department citing strong participation from investors, developers and property specialists. The event had […]

Arabian Post Staff -Dubai The UAE has ranked first in a new global tax optimisation index assessing 48 jurisdictions for internationally mobile individuals, driven by its lack of personal income, wealth and inheritance taxes and a 5 per cent value-added tax. The study by Global Citizen Solutions’ Global Intelligence Unit gave the UAE a composite score of 82.7 out of 100, narrowly ahead of Antigua and Barbuda […]

Arabian Post Staff -Dubai Yemen’s Houthis claimed on Wednesday that they had shot down a Saudi F-15 fighter jet over Marib governorate, an assertion that would mark a significant escalation in the renewed fighting between the group and Saudi Arabia if independently confirmed. Houthi military spokesman Yahya Saree said the aircraft was hit while conducting operations over Marib and was brought down by what he described as […]

Arabian Post Staff -Dubai Oil prices fell on Wednesday after Saudi Arabia offered additional crude cargoes to Asian refiners through Oman, easing fears that Middle East disruptions would remove more barrels from the market. Brent crude settled $2.92, or 2.7 per cent, lower at $105.83 a barrel, while US West Texas Intermediate dropped $3.40, or 3.2 per cent, to $102.43. The decline followed a rally driven by […]

Arabian Post Staff -Dubai Emirates NBD has provided Cars24 Arabia with a digital revolving short-term financing facility to support the used-car platform’s expansion across the UAE and speed access to working capital for eligible dealers and business partners. The Dubai-based bank said the facility is built around an application programming interface, or API, that links its automated lending capabilities directly with Cars24 Arabia’s digital platform. Eligible businesses […]

Arabian Post Staff -Dubai Dubai’s hotel occupancy rose to 66 per cent in August as international tourism strengthened, marking the sector’s highest monthly occupancy rate since February, according to the Dubai Department of Economy and Tourism. The August level was equivalent to 89 per cent of the occupancy recorded in the same month of 2025 and represented a sharp recovery from 36 per cent in March, when […]

Arabian Post Staff -Dubai Fasset will become the first platform worldwide to list DDSC, the UAE dirham-backed stablecoin, under a new collaboration that will also allow users to swap the token with major dollar-backed stablecoins including USDC and USDT. The arrangement expands DDSC’s distribution beyond its initial institutional use and follows regulatory approvals that opened the way for the token to appear on selected platforms overseen by […]

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Arabian Post Staff -Dubai Saudi Arabia is broadening international security contacts as Iran-backed Houthi forces consolidate positions along Yemen’s Red Sea coast, with Britain backing Riyadh and reports of Israeli intelligence co-operation emerging as the kingdom confronts missile, drone and maritime threats. The Saudi outreach has accelerated after Houthi forces captured territory and islands around the Bab el-Mandeb Strait, the narrow waterway linking the Red Sea with […]

Arabian Post Staff -Dubai Dubai has introduced a round-the-clock service at Dubai International Airport allowing eligible UAE citizens and residents to obtain an International Driving Permit within five minutes before travelling abroad. The service is available at the Customer Happiness Centre in Terminal 3 Arrivals and is open to people holding a valid UAE driving licence. It brings permit issuance directly into the airport environment, giving travellers […]

Arabian Post Staff -Dubai Emirates is expanding its A350 deployment and upgraded cabin footprint as strong winter bookings support additional capacity across its network following a better-than-expected summer. The Dubai-based airline said it had taken delivery of 18 aircraft since January, comprising 11 Airbus A350s and seven Boeing 777 freighters, with another six A350s scheduled to arrive before the end of December. Its A350s currently serve 30 […]

Arabian Post Staff -Dubai Al-Futtaim Motors has begun two safety recall campaigns covering 6,933 Lexus LX500 and LX600 sport utility vehicles in the UAE, addressing separate engine software and transmission defects in models built in Japan between 2021 and 2024. The larger programme is being conducted in coordination with the Ministry of Economy and Tourism and requires affected owners to have their vehicles inspected or reprogrammed without […]

Arabian Post Staff -Dubai Saudi Arabia has identified about 114 million tonnes of mineralised ore containing rare earth elements and promising uranium concentrations at the Jabal Sayid project in Madinah, Energy Minister Prince Abdulaziz bin Salman has announced. Prince Abdulaziz disclosed the estimate on Monday during the 70th General Conference of the International Atomic Energy Agency in Vienna, placing the find at the centre of Riyadh’s drive […]

Arabian Post Staff -Dubai Shipping through the Strait of Hormuz fell sharply at the start of the week, with only four commodity vessels recorded transiting the strategic waterway on Monday as attacks across the Middle East intensified. Preliminary ship-tracking data from Kpler showed the Monday total was down from 10 vessels on Sunday, extending a prolonged decline in commercial traffic through a passage that remains central to […]

Arabian Post Staff -Dubai Silicon Central Mall has become the first operating hub for Keeta Drone’s food delivery service in Dubai, linking participating restaurants with customers around Dubai Silicon Oasis through approved autonomous flights. The service is operating after clearance from the Dubai Civil Aviation Authority, with customers able to place eligible food and beverage orders through the Keeta app. Drones depart from Silicon Central Mall and […]

Arabian Post Staff -Dubai New York-based software company Clay has raised $115 million in a Series D funding round led by Wellington Management, lifting its valuation to $7.1 billion as demand grows for artificial intelligence tools used by sales and marketing teams. The financing, announced on September 9, included participation from Sequoia Capital, StepStone Group, Andreessen Horowitz’s Perennial fund, Meritech Capital, DST Global, CapitalG, BoxGroup, Boldstart, Bloomberg […]

Arabian Post Staff -Dubai Oil prices rose on Tuesday as renewed attacks on Saudi Arabia and the continued shutdown of the kingdom’s East-West pipeline kept traders focused on the risk of further disruption to Middle East crude supplies. Brent crude climbed $1.24 to $106.93 a barrel, while US West Texas Intermediate gained $1.29 to $102.65 in Asian trading. The move followed another wave of Houthi attacks on […]

Arabian Post Staff -Dubai Dubai will host the third Quantum Innovation Summit from September 28 to 30, bringing government bodies, researchers, technology companies and investors together as the UAE expands work on quantum computing, secure communications and post-quantum cybersecurity. The event will be held at the Grand Hyatt Dubai Conference & Exhibition Centre and is hosted by the UAE Cyber Security Council for a second consecutive year, […]

Arabian Post Staff -Dubai Saudi building materials procurement platform BRKZ has raised $31 million in fresh capital, with Aramco-backed Wa’ed Ventures co-leading a $13 million Series B equity round alongside 500 Global. The financing also includes an $18 million growth-debt commitment from Stride Ventures, part of a previously announced $30 million venture-debt facility. BECO Capital and ANB Seed Fund participated in the equity round, BRKZ said on […]

Arabian Post Staff -Dubai Wall Street is preparing for the Federal Reserve to raise interest rates this week for the first time since July 2023, after another surge in oil prices and stubborn inflation pushed market expectations decisively towards tighter policy. Interest-rate futures on Monday assigned roughly a 90% probability to a quarter-point increase at the Federal Open Market Committee’s September 15-16 meeting. A move of 25 […]

Arabian Post Staff -Dubai Saudi Arabia’s Government Expenditure and Projects Efficiency Authority has activated flynas under the unified framework agreement for government ERCAB travel, widening the airline choices available to public-sector entities and eligible travellers. The activation lifts the number of airlines participating in the government travel arrangement to four, with flynas joining Saudia, flyadeal and Riyadh Air. EXPRO said the addition is intended to improve flexibility, […]

Arabian Post Staff -Dubai Dubai International Financial Centre has confirmed the programme for the inaugural Dubai Future Finance Week, bringing more than 850 speakers to a five-day series of events across the emirate from November 2 to 6. The programme will comprise more than 85 high-level events, including 12 signature forums across 14 stages, and will focus on fintech, tokenisation, Islamic finance, family wealth, sustainable finance and […]

Arabian Post Staff -Dubai Ras Al Khaimah has retained its A/A-1 sovereign credit rating from S&P Global with a stable outlook for 2026, with the agency citing prudent fiscal management, strong buffers and broad economic stability over the next two to three years. S&P said the emirate’s fiscal position should remain resilient despite geopolitical uncertainty, supported by conservative budgeting, low debt and the government’s ability to adjust […]

Arabian Post Staff -Dubai Oman has called for new liquefied natural gas export routes that can bypass the Strait of Hormuz, arguing that the months-long disruption to the Gulf’s main energy artery has exposed a critical weakness in global gas supply chains. Energy and Minerals Minister Salim bin Nasser Al Aufi told the Gastech conference in Bangkok on Monday that producers and consumers needed to examine infrastructure […]

Arabian Post Staff -Dubai QNB Group, working with Mastercard, has issued what it describes as Syria’s first internationally accepted payment card, extending the country’s return to cross-border card services after years of isolation from global payment networks. The new card is intended to allow eligible customers in Syria to make payments locally and abroad wherever Mastercard is accepted, subject to applicable regulatory and compliance requirements. The launch […]

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