Arabian Post Staff -Dubai The OPEC Fund for International Development has mandated a no-grow €500 million five-year fixed-rate benchmark bond, returning to Europe’s public debt market as highly rated supranational borrowers continue to draw demand from investors seeking secure income. Initial price thoughts for the Regulation S senior unsecured issue have been set at mid-swaps plus 29 basis points. The expected issue rating is aligned with the […]
Arabian Post Staff -Dubai Washington carried out overnight strikes on Iranian military sites near the Strait of Hormuz after President Donald Trump said Tehran had shot down a US Army Apache helicopter patrolling the strategic waterway. US Central Command said the operation was launched on Trump’s orders and described the action as self-defence. The strikes targeted air defence systems, ground control stations and surveillance radar sites positioned […]
Arabian Post Staff -Dubai Oman is moving to convert fiscal repair and regulatory reform into a stronger claim on international capital, positioning the International Financial Centre of Oman as the centrepiece of a drive to attract financial institutions, fund managers and professional services firms. The push comes as Muscat benefits from a restored investment-grade profile after several years of debt reduction, spending restraint and higher policy credibility […]
Arabian Post Staff -Dubai Saudi Arabia’s Arabian Dyar has put its planned Tadawul initial public offering on hold, becoming the latest issuer to step back from the Kingdom’s listings pipeline as volatile trading conditions and weaker investor appetite complicate efforts to bring larger private companies to market. The real estate and construction company, formally known as Aldyar Alarabiya Real Estate Development Company, had faced a June deadline […]
Arabian Post Staff -Dubai Emirates Global Aluminium has built new STEM laboratories in schools and universities across the UAE, expanding an education-industry programme aimed at preparing students for technical careers in manufacturing, engineering and advanced industrial sectors. The facilities have been developed with Al Samha School, Al Rahba School, Al Falahiya School, Dubai National School, Zayed University and the Higher Colleges of Technology. More than 2,600 students […]
Arabian Post Staff -Dubai UAE nationals building new private homes can claim VAT refunds on a wider range of construction-related expenses under a Federal Tax Authority initiative that broadens relief for citizens at a time of elevated residential building costs. The initiative, now active, applies to eligible refund claims submitted on or after 1 January 2026 and is expected to lift the value of approved homebuilding VAT […]
Arabian Post Staff -Dubai Wizz Air will introduce Starlink-powered internet across its fleet from 2027, making one of Europe’s most cost-focused airlines the first ultra-low-cost carrier on the continent to commit to satellite connectivity at scale and raising fresh questions over how far budget aviation can stretch beyond its bare-fare model. The Hungary-based airline plans to install the SpaceX service on its next-generation aircraft, offering passengers high-speed, […]
Arabian Post Staff -Dubai Riyadh Air has opened ticket sales for daily flights between Dubai and Riyadh from 18 June, adding a new premium operator to one of the Gulf’s busiest business and leisure corridors as Saudi Arabia accelerates plans to turn its capital into a global aviation hub. Flights will operate between Dubai International Airport and King Khalid International Airport using Boeing 787-9 Dreamliners, placing wide-body […]
Arabian Post Staff -Dubai Orange Jordan and Deutsche Gesellschaft für Internationale Zusammenarbeit have convened private-sector roundtables under the PASS programme, widening efforts to connect startups with established companies as Jordan pushes entrepreneurship-led job creation and digital growth. Three sessions were held in Amman, Irbid and Aqaba under the title Private Sector Roundtable – PASS Project, bringing together startups, corporate representatives and ecosystem partners to examine how young […]
Arabian Post Staff -Dubai Dubai World Trade Centre generated a record AED25.03 billion in economic output in 2025, underscoring the growing weight of large-scale business events in Dubai’s wider growth strategy and its push to deepen links with global trade, investment and innovation networks. The 2025 performance, equal to about $6.82 billion, marked a 12 per cent year-on-year rise and was driven by 108 large-scale exhibitions, international […]
Arabian Post Staff -Dubai Qatar Airways has raised its Dubai schedule from two to five daily flights, restoring greater capacity on one of the Gulf’s busiest short-haul business and leisure corridors as regional carriers rebuild networks for the summer travel season. The expansion covers services between Hamad International Airport in Doha and Dubai International Airport, with the increase being introduced in stages from 5 June. The airline […]
Arabian Post Staff -Dubai Bahrain-based Investcorp has launched an Artificial Intelligence Investment Framework to guide its investment decisions across private equity, real assets and credit, positioning the technology as a central factor in deal screening, portfolio construction and value creation across its global alternatives platform. The framework, set out in a new report, formalises how the Manama-headquartered firm will assess AI-led opportunities and risks at a time […]
Arabian Post Staff -Dubai PIF and Talaat Moustafa Group Saudi for Real Estate Development have signed a memorandum of understanding to explore mixed-use real estate projects across Saudi Arabia, advancing the sovereign fund’s push to build liveable urban districts as part of its 2026-2030 strategy. The non-binding agreement covers potential co-operation at PIF-owned developments and projects across the kingdom, including residential, commercial, hospitality, retail and integrated urban […]
Arabian Post Staff -Dubai Saudi Arabia has set out fresh conditions for non-resident foreign companies seeking to own real estate in the kingdom without carrying out business operations, adding a more formal registration route for overseas entities under the Investor Guide 2026. The update by the Ministry of Investment creates a defined process for companies that want to hold property as an asset, rather than enter the […]
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Arabian Post Staff -Dubai Etihad Airways is ordering more widebody aircraft as the Abu Dhabi carrier moves to restore momentum across long-haul markets and lift flying by about 8 per cent from year-earlier levels by 15 June. Chief executive Antonoaldo Neves said the airline was buying widebody planes in double digits, though he declined to identify the manufacturer, aircraft type or exact number. The remarks, made on […]
Arabian Post Staff -Dubai Saudi Arabia has opened talks with Russia’s Sistema investment group in St Petersburg as Riyadh seeks to deepen industrial partnerships, localise advanced technologies and strengthen supply chains under its wider economic diversification programme. Minister of Industry and Mineral Resources Bandar Alkhorayef met senior Sistema executives during a visit to the Russian city, with discussions centred on cooperation in high-priority industrial sectors and the […]
Arabian Post Staff -Dubai KPMG and Anthropic have launched a global alliance that will embed Claude artificial intelligence tools into KPMG’s client delivery platforms, opening new capabilities for companies and public-sector organisations in Qatar as the Gulf state accelerates investment in AI infrastructure, digital government and data-led transformation. The partnership gives KPMG’s global workforce access to Anthropic’s Claude suite and integrates the technology into KPMG Digital Gateway, […]
Arabian Post Staff -Dubai Revolut is exploring a secondary share sale that could lift its valuation to about $115 billion, setting up a fresh test of investor appetite for one of Europe’s most valuable private technology groups after a decisive regulatory breakthrough in the UK and a push into US banking. The potential transaction would allow existing shareholders, including employees and early backers, to sell stock without […]
Arabian Post Staff -Dubai Iran’s Revolutionary Guard said it had launched missile strikes on “enemy bases in the region” after US forces hit targets near the Strait of Hormuz, pushing Gulf states into a new security alert as sirens sounded in Kuwait and Bahrain. Guard commanders framed the operation as retaliation for US strikes on Iranian coastal positions around Sirik and Qeshm Island, both close to one […]
Arabian Post Staff -Dubai First Abu Dhabi Bank has entered a strategic partnership with Water. org and WaterEquity, investing in the WaterEquity Everspring Fund to expand access to safe water and sanitation across emerging markets through market-based financing. The Abu Dhabi lender said the agreement creates a platform for continuing collaboration with the global non-profit Water. org and its affiliated impact investment manager WaterEquity. The fund channels […]
Arabian Post Staff -Dubai Dubai’s Emirates has promoted Hanan Mohammed Jawad and Bakhita Al Mheiri to captain rank, making them the first UAE national women to reach the command position at the airline and placing both on its Boeing 777 flight deck. The promotion gives the two pilots their fourth stripes after years of training, line flying and command preparation within one of the world’s largest long-haul […]
Arabian Post Staff -Dubai Crude loading at Oman’s Mina al Fahal terminal was suspended on Friday after an explosion near its single-buoy mooring berths, disrupting operations at one of the Sultanate’s most important oil export outlets. Two people familiar with the matter said the blast occurred between SBM 1 and SBM 2 and was believed to have followed a drone attack. The timing of the incident was […]
Arabian Post Staff -Dubai Abu Dhabi Exports Office has begun direct site visits to UAE-based manufacturers under its AED1 billion financing partnership with Emirates Development Bank, stepping up efforts to link industrial companies with export funding, working capital support and market-expansion tools. The visits covered MEDECO, Star Paper Mill and Dana Steel, three manufacturers operating in sectors closely tied to the country’s localisation and export-growth agenda. ADEX […]
Arabian Post Staff -Dubai Computex 2026 has turned the personal computer market into a three-way contest over AI laptops, handheld gaming and mid-range graphics, with Nvidia, Intel and AMD using Taipei to push new silicon into segments long shaped by Apple’s Mac ecosystem and AMD-powered portable consoles. Nvidia’s RTX Spark platform drew the sharpest attention after the company positioned it as a Windows-based alternative for developers, creators […]
