Arabian Post Staff -Dubai Gold prices strengthened on Friday, putting the precious metal on course for its biggest weekly gain since January as easing energy costs reduced inflation concerns and investors awaited US employment data that could reshape expectations for Federal Reserve policy. Spot gold rose 0.6% to about $4,262 an ounce during Asian trading, after touching its highest level in seven weeks. Prices have gained more […]
Arabian Post Staff -Dubai Iran is advancing plans to bar American, Israeli and other designated hostile vessels from the Strait of Hormuz while demanding compensation from countries blamed for attacks on its territory. A draft law under review by the Iranian parliament’s National Security and Foreign Policy Committee would prohibit vessels linked to the United States and Israel from using the strategic waterway. Ships from other states […]
Arabian Post Staff -Dubai The Central Bureau of Investigation has secured the deportation of Vishakha Avinash Rathod from the United Arab Emirates over an alleged ₹88-crore investment fraud investigated by Pune Police. Rathod arrived in India on August 3 after UAE authorities acted on an Interpol Red Notice issued at the request of law-enforcement agencies. The operation was coordinated by the CBI, the Ministry of External Affairs […]
Arabian Post Staff -Dubai Strong occupier demand and limited availability of high-quality warehouses continued to support the UAE’s industrial property market during the second quarter of 2026, even as the pace of rental increases eased from earlier highs. Dubai industrial rents rose 6.8% year on year and 2.3% from the previous quarter. Abu Dhabi recorded annual growth of 5%, reflecting continued demand from logistics providers, manufacturers, technology […]
Arabian Post Staff -Dubai Abu Dhabi is emerging as one of the best-positioned global centres for low-carbon hydrogen production, processing and export, supported by competitive energy costs, industrial capacity and expanding links to overseas markets. A new assessment by the Abu Dhabi Chamber of Commerce and Industry places the emirate at the forefront of a hydrogen sector that is moving beyond policy pledges towards commercially focused projects. […]
Arabian Post Staff -Dubai BNW Developments plans to build about 10,000 homes across Dubai and Ras Al Khaimah over the next four years, marking a significant expansion of its residential and hospitality-led property portfolio in the UAE. The developer is preparing projects ranging from branded residences and waterfront apartments to mixed-use communities and hotels. Its current pipeline comprises 12 developments at different stages of planning and construction, […]
Arabian Post Staff -Dubai A political controversy erupted in Srinagar after Peoples Democratic Party president Mehbooba Mufti was seen holding the national flag upside down during a protest against the constitutional changes imposed on Jammu and Kashmir in August 2019. Mufti, a former chief minister of the erstwhile state, led PDP workers in an overnight sit-in outside the party headquarters on Tuesday. The demonstration preceded the seventh […]
Arabian Post Staff -Dubai Iran and Oman are discussing a temporary central shipping corridor through the Strait of Hormuz as negotiators seek to restore safer commercial passage across one of the world’s most important energy routes. The proposal would reopen the strait’s so-called middle passage, a route largely avoided by vessels since fighting disrupted maritime traffic in late February. Ships have instead relied on northern waters closer […]
Arabian Post Staff -Dubai The Calcutta High Court has questioned whether a legal challenge to the compulsory singing of all six stanzas of Vande Mataram in madrasas can proceed before any punitive action is taken against students or institutions. A division bench of Acting Chief Justice Tapabrata Chakraborty and Justice Partha Sarathi Sen made the observation on Tuesday while hearing a public interest litigation challenging a government […]
Arabian Post Staff -Dubai A series of explosions and a fire near Dubai’s Jebel Ali industrial and port area early on Wednesday triggered claims that a missile had been launched towards the United Arab Emirates from Yemen, but no authoritative evidence had emerged to confirm an attack. Accounts circulated by Iraqi and Iranian outlets said several blasts were heard within about 20 minutes and thick smoke was […]
Arabian Post Staff -Dubai The global oil market has lost more than 2.6 billion barrels since the US-Israeli war with Iran began on February 28, Saudi Aramco chief executive Amin Nasser has said, warning that depleted inventories will take more than a year to rebuild. The cumulative loss is equivalent to nearly one month of worldwide oil consumption and reflects the prolonged disruption of shipping through the […]
Arabian Post Staff -Dubai The average cost of a data breach in the Middle East has climbed to $8 million as cybercriminals increasingly use artificial intelligence to launch faster and more scalable attacks. More than a quarter of malicious breaches examined across the region involved AI-enabled methods. Another 11 per cent of affected organisations could not determine whether attackers had used the technology, highlighting the growing difficulty […]
Arabian Post Staff -Dubai Dubai Residential REIT posted a 15.1% increase in first-half net profit before property valuation changes and approved an interim cash dividend of AED573.2 million, supported by higher rents, near-full occupancy and additions to its housing portfolio. Net profit before changes in the fair value of investment property reached AED716.5 million for the six months ended June 30, up from AED622.3 million in the […]
Arabian Post Staff -Dubai Dubai Future Foundation and autonomous vehicle technology company Oxa have launched a laboratory to develop, test and commercialise self-driving logistics systems for ports, airports and other industrial sites. The Autonomous Logistics Future Lab will operate through SHIFFT, a joint venture established under the Dubai Research, Development and Innovation Ecosystem. Its first commercial deployment is planned in Dubai before the end of 2027. The […]
Arabian Post Staff -Dubai The UAE has approved Lipfendra, a once-daily pill designed to sharply reduce harmful cholesterol, becoming the second country after the United States to authorise the first oral treatment targeting the PCSK9 protein. The Emirates Drug Establishment approved the medicine for adults with elevated low-density lipoprotein cholesterol, or LDL-C, including those with heterozygous familial hypercholesterolaemia, an inherited disorder that causes dangerously high cholesterol levels. […]
Arabian Post Staff -Dubai Abu Dhabi National Oil Company will change the benchmark used to determine official selling prices for all its crude grades from November 1, replacing Murban futures with prompt-month Platts Dubai pricing. The overhaul will cover Murban, Das, Umm Lulu and Upper Zakum crude. ADNOC will announce a premium or discount for each grade against Dubai quotes during the month before the cargo is […]
Arabian Post Staff -Dubai Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business, gaining its customer accounts, branches, cash machines and associated employees in a transaction expected to strengthen the Dubai-based lender’s position in one of the Arab world’s largest financial markets. The acquisition will be conducted through Emirates NBD Egypt, the banking group’s wholly owned subsidiary. Completion is targeted for the second half of […]
Arabian Post Staff -Dubai The Allahabad High Court has said no person can interfere with the voluntary decision of adult women to change their religion, marry partners of their choice or determine the course of their lives. Justice Sandeep Jain made the observation while hearing a habeas corpus petition concerning two sisters who were allegedly confined by their father after embracing Islam and deciding to marry men […]
Arabian Post Staff -Dubai Abu Dhabi has raised the maximum gross floor area allowed for homes within the Shuwaib National Housing Project to 900 square metres, giving beneficiary families greater flexibility to build and expand properties around changing household needs. The Department of Municipalities and Transport and Abu Dhabi Housing Authority said the planning adjustment would enable families to create larger living spaces while complying with construction […]
Arabian Post Staff -Dubai Emirates NBD has agreed to acquire HSBC Egypt’s retail banking business, adding its customers, branches, cash machines and supporting employees to the Dubai-based group’s growing operations in one of the Middle East’s largest consumer markets. The transaction will be conducted through Emirates NBD Egypt, the banking group’s wholly owned local subsidiary. It remains subject to regulatory approvals and customary closing conditions and is […]
Arabian Post Staff -Dubai US President Donald Trump has suspended a planned military attack on Iran after Tehran and several Middle Eastern governments indicated that negotiations could produce a swift agreement to reopen the Strait of Hormuz. Trump said the operation had been cancelled on the condition that the parties rapidly finalise a deal addressing maritime access and Iran’s nuclear programme. He warned that US forces remained […]
Arabian Post Staff -Dubai Girl students burnt an effigy of BJP Lok Sabha member Kangana Ranaut in Jabalpur on Saturday, escalating protests over her remarks against young people who demonstrated over the NEET-UG paper leak. The protesters assembled at Ghantaghar in the Madhya Pradesh city, raised slogans against the Mandi parliamentarian and demanded her resignation. They accused Ranaut of insulting students who had sought accountability over alleged […]
Arabian Post Staff -Dubai Lebanese authorities have arrested former central bank governor Riad Salameh at a hospital north of Beirut after he failed to appear for questioning in a widening investigation into the alleged misuse of Banque du Liban funds. Salameh was detained at Bhannes Hospital on Friday after investigators searched three addresses linked to him. An arrest warrant was issued when judicial officials concluded that he […]
Arabian Post Staff -Dubai Oil prices jumped more than 7 per cent after Iran fired missiles towards US forces and Saudi Arabia joined American strikes against Iran-aligned militias in Iraq, reviving fears of a broader conflict disrupting Middle Eastern energy supplies. Brent crude rose 7.92 per cent to $90.75 a barrel during Wednesday’s trading, while West Texas Intermediate gained 6.94 per cent to $84.76. The advance reversed […]
