Aldar has launched The Canopies, the first residential community within its AED6 billion Yas Point waterfront development on the northern shore of Yas Island. The project will comprise 592 apartments spread across six mid-rise buildings, with sales scheduled to begin on July 29. Studios and one-, two- and three-bedroom homes will be offered in a park-centred setting designed to link private residences with landscaped outdoor areas and […]
Arabian Post Staff -Dubai Saudi Arabia’s Air Connectivity Program has signed an agreement with premium leisure airline beOnd to explore direct flights between Red Sea International Airport and six major European cities. The proposed all-premium services would connect the Red Sea tourism destination with London, Paris, Moscow, Milan, Munich and Zurich. The memorandum of understanding was signed during Saudi Arabia’s participation in the Farnborough International Airshow 2026, […]
Bazzite is emerging as a flexible gaming operating system that seeks to bring a console-style experience to desktop computers, handhelds, tablets and home theatre systems without stripping away the functions of a conventional PC. Built on Fedora Atomic Desktops, the open-source platform arrives with Steam installed and includes gaming-focused drivers, software and system adjustments. Its developers aim to reduce the configuration work traditionally associated with Linux gaming […]
A Saudi-owned oil products tanker was struck in the Red Sea, triggering a fire at its bow and raising fresh concerns over the security of energy shipments along one of the world’s most important maritime corridors. All crew members aboard the Encelia were safe after the attack, the Transport General Authority said on Thursday. Emergency measures were taken to secure the vessel, contain the fire and prevent […]
Arabian Post Staff -Dubai US Secretary of State Marco Rubio said Washington remained willing to negotiate an end to the Iran conflict, but accused Tehran of showing no serious commitment to diplomacy as attacks and threats disrupted shipping through the Strait of Hormuz and Bab el-Mandeb. Speaking during a visit to Manila on Wednesday, Rubio said the United States was prepared to pursue a negotiated settlement if […]
Arabian Post Staff -Dubai Goldman Sachs has retained its forecast for Brent crude to average $80 a barrel in the fourth quarter of 2026, arguing that constrained Middle East supply should support prices if hostilities between the United States and Iran ease before the end of the year. The investment bank’s baseline projection assumes that geopolitical tensions will gradually subside and oil shipments through the Strait of […]
The US Federal Communications Commission has barred approvals for devices containing key Huawei-built components while opening 160 megahertz of upper C-band spectrum for advanced wireless services. The two decisions, adopted at the commission’s July 22 meeting, combine a tougher national security approach towards Chinese technology with an effort to accelerate 5G capacity and prepare networks for future 6G services. They could reshape electronics supply chains, mobile investment […]
Britain’s youngest workers are becoming less confident that the economy can deliver secure jobs, meaningful savings or attainable homes, as rising youth unemployment and weak entry-level hiring cloud their financial prospects. The unemployment rate among people aged 16 to 24 climbed to 16.4% in the three months to May, its highest level in about 11 years. The increase means roughly one in six young people participating in […]
The United States and Saudi Arabia have signed a landmark civil nuclear co-operation agreement that could eventually allow the kingdom to enrich uranium, opening a new chapter in their strategic partnership while intensifying concerns over nuclear proliferation in the Middle East. US Energy Secretary Chris Wright and Saudi Energy Minister Prince Abdulaziz bin Salman signed the accord in Washington on Wednesday. The agreement, known as a Section […]
Arabian Post Staff -Dubai Dubai’s largest lender Emirates NBD reported a second-quarter net profit of AED6.4 billion, beating market expectations as strong lending, resilient margins and its expanded international business offset disruption from the regional conflict. Profit was broadly unchanged from the first quarter, while earnings for the first six months of 2026 rose 3 per cent from a year earlier to AED12.9 billion. The performance underlined […]
Samsung Electronics has unveiled three new foldable smartphones, including a wider passport-sized model, while raising prices on two devices as higher memory-chip costs add pressure to its mobile business. The Galaxy Z Fold8, Galaxy Z Fold8 Ultra and Galaxy Z Flip8 were introduced at the company’s Galaxy Unpacked event in London on Wednesday. Samsung is expanding its foldable portfolio at a time when the wider smartphone market […]
Arabian Post Staff -Dubai Flynas has confirmed an order for 25 additional Airbus aircraft, strengthening its plans to expand domestic, regional and international services as Saudi Arabia accelerates investment in aviation and tourism. The agreement covers five A330-900 widebody aircraft and 20 A321neo single-aisle jets. It raises the Riyadh-based low-cost carrier’s firm commitments with Airbus to 235 aircraft, including 20 A330neos and 56 A321neos. The order gives […]
The 2026 FIFA World Cup altered internet use across time zones, with match schedules, streaming behaviour and short breaks in play producing sharp shifts in global online activity throughout the tournament. An analysis of HTTP traffic across more than 120 countries found that kickoff times were among the strongest influences on digital behaviour. Matches played between midnight and 8am local time frequently pushed internet activity well above […]
Trump announced that generic drugs entering the United States would remain free of import duties until August 1, 2028. A tariff of 100% would then apply for one year, followed by a 200% levy from August 2029. The proposed schedule extends Washington’s pharmaceutical reshoring campaign beyond patented and branded medicines, which were targeted earlier.
India faces the greatest exposure because the United States is its largest pharmaceutical export market. Drug exports to the country were valued at about $9.7 billion in 2025, representing roughly 38% of total pharmaceutical shipments worth $25.8 billion.
The policy nevertheless does not automatically remove the price advantage enjoyed by manufacturers such as Sun Pharmaceutical Industries, Dr Reddy’s Laboratories, Aurobindo Pharma, Cipla, Lupin and Zydus Lifesciences. Many generic medicines produced in India are priced seven to 10 times below branded alternatives, leaving room for some products to remain competitive even after steep duties.
A medicine imported for $10 would cost $30 after a 200% tariff, excluding distribution and retail charges. It could still undercut a branded equivalent priced at $70 or $100. The calculation is less favourable for commodity generics, where several manufacturers compete on narrow margins and buyers demand the lowest possible price.
Generic medicines account for more than 90% of prescriptions dispensed in the United States but less than 13% of prescription-drug spending. That imbalance reflects their importance to American healthcare as well as the pressure placed on manufacturers by pharmacy chains, wholesalers, insurers and purchasing organisations.
The United States imported pharmaceutical products valued at about $213 billion in 2025. Finished medicines sold in retail packaging, including generic products, accounted for about $94.1 billion. Replacing those imports would require extensive investment, specialised workers, regulatory approvals and dependable supplies of active pharmaceutical ingredients.
Building a pharmaceutical plant can take several years. Companies must install production lines, validate manufacturing processes and secure approval from the US Food and Drug Administration before commercial sales begin. Each medicine may also require separate technical submissions and inspections, complicating attempts to shift large portfolios within the two-year exemption period.
Several major drugmakers have already established manufacturing or research operations in the United States, providing limited protection against future tariffs. Companies may expand those facilities, acquire local plants or transfer selected high-volume products while continuing to manufacture lower-margin medicines overseas.
The tariff could affect businesses unevenly. Manufacturers with specialised generics, injectable drugs, inhalers and complex formulations may have greater pricing power. Producers dependent on crowded categories such as basic tablets and capsules could face heavier pressure because customers can switch suppliers more easily.
Shares of leading pharmaceutical companies fell after the announcement, with some declining by more than 3% during Wednesday’s trading. The reaction reflected concern over long-term earnings rather than an immediate change in export conditions, as the duty-free window remains open for two years.
Implementation is also uncertain. Trump disclosed the schedule through a social-media statement, but no detailed executive order or customs framework had been issued. The administration must still clarify whether exemptions will be available for companies building factories, medicines facing shortages, critical hospital products or imports from countries covered by trade agreements.
Industry participants are expected to seek exclusions for essential medicines, arguing that tariffs could raise treatment costs and deepen shortages. The American generic-drug market has already faced supply disruptions linked to plant closures, quality failures and unsustainable pricing. Higher import costs could encourage some manufacturers to withdraw products rather than invest in additional capacity.
Washington’s strategy also faces a supply-chain constraint beyond finished medicines. A large portion of the active ingredients and chemical intermediates used by global manufacturers originates in China. Moving final production to the United States without diversifying those inputs would provide only partial protection against overseas disruption.
Drugmakers in India now have until August 2028 to adjust their production networks, negotiate with customers and identify medicines capable of absorbing higher duties. Expansion into Europe, Africa, Latin America and other regulated markets could reduce dependence on the United States, although none offers comparable scale.
By K Raveendran The spectacle in central Delhi this week carried a significance far beyond the barricades, detentions and blows captured on mobile-phone cameras. The first confrontation unfolded during the Cockroach Janta Party’s march from Jantar Mantar towards Parliament, while Tuesday brought another coercive police response when Rahul Gandhi, Priyanka Gandhi Vadra and other Congress […]
The article By Brutalising A Youth Protest, BJP May Have Handed Congress Its Anna Moment appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai Airlines should adopt a globally consistent method for calculating and displaying flight emissions as travellers and corporate customers demand clearer carbon information, the International Air Transport Association has said. The industry body is pressing carriers, booking platforms, travel agencies and regulators to use comparable operational data rather than competing calculation models that can produce sharply different estimates for the same journey. The absence […]
The XRP Ledger has processed more than one million transactions initiated by artificial intelligence agents, highlighting the rapid emergence of machine-controlled payments across blockchain networks. The milestone was disclosed as developers expand systems that allow autonomous software to purchase data, computing capacity and other digital services without requiring a person to approve every payment. Ayo Akinyele, head of engineering at RippleX, expects activity to accelerate sharply, potentially […]
BankDhofar has secured the Best Place to Work 2026 certification, strengthening its position among Oman’s employers investing in staff development, workplace technology and national talent. The certification was awarded by the UK-based Best Places to Work organisation following an assessment of the bank’s human resources practices and employee feedback. The evaluation examined organisational culture, job satisfaction, leadership, communication, career development and the alignment of workforce policies with […]
Employees’ growing use of unauthorised artificial intelligence tools is making it harder for companies to calculate returns on technology spending while exposing confidential information to systems outside corporate control. Businesses that invested heavily in generative AI are now confronting a widening gap between formal deployment plans and how staff use the technology. Workers are often turning to free consumer platforms or personal accounts because approved systems are […]
US carmakers are racing to remove Chinese-designed communications hardware and software from connected vehicles as federal restrictions force a costly overhaul of supply chains, engineering systems and supplier relationships. The industry faces its first major deadline with model year 2027 vehicles, when covered connectivity and automated-driving software linked to China or Russia will be barred from new cars sold in the United States. Restrictions on vehicle connectivity […]
ADNOC has approved a $6.2 billion investment to develop the Umm Shaif Gas Cap, advancing Abu Dhabi’s plans to raise natural gas production and expand supplies for domestic and international customers. The offshore project is expected to produce more than 600 million standard cubic feet per day of natural gas and associated gas liquids by 2030. That volume is equivalent to almost 10 per cent of the […]
Arabian Post Staff -Dubai Saudi Arabia’s crude oil exports fell for a third consecutive month in May, reaching the lowest level recorded in more than two decades as conflict-driven shipping disruption across the Gulf constrained the kingdom’s ability to move supplies to overseas buyers. Exports dropped to 3.434 million barrels per day from 3.986 million bpd in April, data submitted to the Joint Organisations Data Initiative showed. […]
Arabian Post Staff -Dubai A prominent Katrina Kaif fan page has announced its closure after accusing the actor of failing to support students protesting over the NEET-UG 2026 paper leak and the police response to demonstrations in New Delhi. The Instagram account, named “katholic_fans”, had more than 71,000 followers and had spent years sharing photographs, videos and updates about Kaif. Its administrator said the decision to stop […]
Arabian Post Staff -Dubai Abu Dhabi has begun operating a centralised waterway monitoring and control centre designed to strengthen maritime safety, improve emergency coordination and support public marine services across the emirate. The facility, managed by the Integrated Transport Centre, known as Abu Dhabi Mobility, brings surveillance, vessel movement data, regulatory enforcement and service management into a single digital platform. Abu Dhabi Maritime, part of AD Ports […]
