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Arabian Post Staff -Dubai UAE real gross domestic product expanded 6.2 per cent in 2025 to AED1.9 trillion, underscoring the country’s strongest evidence yet that diversification is becoming the central driver of national output rather than a supporting pillar. The Federal Competitiveness and Statistics Centre said non-oil GDP rose 6.8 per cent to AED1.5 trillion, outpacing headline growth and reinforcing the shift towards trade, finance, construction, manufacturing, […]

Paris Hilton and journalist Laurie Segall have launched a 14-part TikTok investigation that names a Canadian pharmacist linked to MrDeepFakes, the shuttered website that became one of the world’s largest hubs for non-consensual AI-generated explicit videos. The series, Searching for Mr. Deepfakes, began streaming on Hilton’s TikTok channel on 27 May and follows Segall’s multi-year effort to identify the people behind the site. It places fresh public […]

Arabian Post Staff -Dubai A sweeping overhaul of the UAE’s civil law takes effect on June 1, lowering the age of legal adulthood to 18 and changing how contracts, compensation claims, civil disputes and legal obligations are interpreted across the country. Federal Decree-Law No 25 of 2025 on the Civil Transactions Law replaces the 1985 framework that has underpinned much of the UAE’s private law system for […]

Bitcoin remained under pressure near the $74,000 level after on-chain signals pointed to weakening demand from large holders, raising the risk that the world’s biggest cryptocurrency could stay locked in a bear phase well into 2027. The token traded around $73,900 on Saturday after a volatile week in which it fell close to $72,600, its weakest level since mid-April. The move followed a sharp risk-off turn across […]

Cash App has opened USDC payments to eligible customers, giving one of America’s largest consumer finance apps a stablecoin payments rail while keeping Bitcoin at the centre of its digital assets strategy. The Block-owned platform now allows users to send and receive USD Coin without managing a separate stablecoin wallet. USDC sent into Cash App is converted automatically into US dollars, while outgoing payments can be made […]

Cybersecurity teams are racing to patch a Palo Alto Networks authentication-bypass flaw after confirmed exploitation against exposed GlobalProtect deployments raised the risk profile of a vulnerability first disclosed this month. Tracked as CVE-2026-0257, the flaw affects PAN-OS firewalls and Prisma Access environments where GlobalProtect portal or gateway services are configured with authentication override cookies and a vulnerable certificate setup. Successful exploitation allows an unauthenticated remote attacker to […]

Washington faces a narrowing window to pass the CLARITY Act, with Senator Cynthia Lummis warning that failure to move the digital asset market structure bill through Congress this session could leave the country without comprehensive crypto rules until 2030. The warning has sharpened pressure on lawmakers, regulators and industry groups after years of legal uncertainty over whether many digital tokens should be treated as securities, commodities, payment […]

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Cybercriminals are exploiting mounting demand for the 2026 FIFA World Cup by creating spoofed FIFA-themed websites designed to steal personal details, payment data and money from fans seeking tickets, hospitality packages, jobs and tournament information. The warning, issued by the Federal Bureau of Investigation on May 27, 2026, places FIFA impersonation scams among the key online threats facing supporters before and during the tournament across the United […]

Bitcoin slipped towards $75,000 as traders watched a developing “golden cross” on its chart, leaving the world’s largest cryptocurrency at a critical technical point even as global equity markets pushed to record highs. The token traded near $75,800 after touching an intraday low close to $75,200, extending pressure across major digital assets. Ether also weakened, hovering just above $2,080, while traders identified the $2,400 area as an […]

Arabian Post Staff -Dubai United Nations Security Council members have unanimously condemned a drone strike on the Barakah Nuclear Power Plant in Abu Dhabi’s Al Dhafra region, warning that any attack on a civilian nuclear facility carries grave risks for human life, critical infrastructure and the environment. The 15-member council said the strike on an electricity generator outside the plant’s inner perimeter amounted to “a flagrant violation […]

Bitcoin’s recovery attempt is losing momentum as equity markets push higher, leaving traders focused on whether the largest digital asset is forming another lower high after a two-week pullback. The token was trading near $77,000 on Tuesday, after falling about 7 per cent over two weeks and failing to regain the stronger technical posture it held earlier this month. Ether was near $2,120, still trapped in a […]

By Nantoo Banerjee India’s economy is navigating severe stress. The impact of Persian Gulf war, high cost of imported crude oil, frequent upward adjustment of retail oil prices, rising commodity rates, soaring transportation costs, weakening Rupee and continuous exit of foreign portfolio investors (FPI) are posing a big challenge to the economy. The government appears […]

The article Rising Prices, Falling Rupee And FPI Exit Pose Big Challenge To Economy appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

US federal investigators have warned that a new phishing-as-a-service platform called Kali365 is enabling cybercriminals to steal Microsoft 365 access tokens and bypass multi-factor authentication without capturing victims’ passwords. The platform, first observed in April 2026 and distributed mainly through Telegram, marks a sharper turn in identity-based attacks because it abuses legitimate Microsoft authentication flows rather than relying on fake login pages alone. By capturing OAuth access […]

US cyber authorities have added a critical Drupal Core SQL injection flaw to their exploited-vulnerabilities list after attacks began targeting unpatched websites using PostgreSQL databases, escalating pressure on government agencies, universities, media groups and enterprises that rely on the open-source content management platform. The vulnerability, tracked as CVE-2026-9082, affects Drupal Core versions from 8.9.0 through several 10. x and 11. x branches before the fixed releases issued […]

Gold prices advanced by more than 1 per cent on Monday as a weaker dollar and a sharp fall in crude oil prices strengthened demand for bullion, with investors reassessing inflation risks and the likely course of US monetary policy amid signs of progress in Washington’s talks with Tehran. Spot gold traded near $4,560 an ounce, extending gains after the dollar slipped against major currencies and oil […]

Dubai Police have warned that selling or promoting counterfeit products through social media and digital marketplaces is a criminal offence, intensifying scrutiny of online accounts that use advertising, influencer posts and informal e-commerce channels to move fake goods across the UAE. The warning, issued through the Anti-Economic Crimes Department at the General Department of Criminal Investigation, targets commercial account owners, advertisers and young social media users who […]

Tourists arriving in the UAE can now open a digital bank account within minutes under a new Tourist Identity system linking immigration records, biometric verification and mobile banking. The initiative, launched by the Central Bank of the UAE, the Federal Authority for Identity, Citizenship, Customs and Port Security and Abu Dhabi Commercial Bank, gives non-resident visitors a verified digital identity after arrival. That identity can be used […]

Dubai motorists will pay more to use toll gates and public parking from June 1, with Salik and Parkin applying 5 per cent value-added tax to their services under the UAE’s federal tax framework. The change will add VAT to Salik toll gate use and tag activation charges, while Parkin will apply the tax across its public parking services, including on-street and off-street parking, seasonal cards, permits […]

Dubai motorists will pay 5 per cent value-added tax on public parking and Salik toll services from June 1, 2026, in a shift that will raise daily transport costs while accelerating the emirate’s move towards digital payments. Parkin Company PJSC, Dubai’s main paid parking operator, will apply VAT across its services, including on-street parking, off-street parking, seasonal cards, permits and reservation services. Salik Company PJSC will apply […]

Washington’s derivatives regulator and the National Hockey League have signed a memorandum of understanding to share information and co-ordinate oversight of prediction markets tied to professional hockey, extending federal scrutiny over a fast-growing sector that sits between financial derivatives, sports data and gambling regulation. The agreement, signed by Commodity Futures Trading Commission Chairman Michael S. Selig and NHL Commissioner Gary Bettman on 21 May 2026, creates regular […]

SpaceX is pitching its planned public listing as a bet on artificial intelligence as much as rockets, telling prospective investors that AI services could open a $26.5 trillion market opportunity and transform the company from a launch-and-satellite operator into a global computing platform. The shift marks a striking turn for Elon Musk’s space company as it prepares for what could become the largest stock-market debut on record. […]

Mexico’s sovereign credit rating has been cut to the last rung of investment grade, placing fresh pressure on President Claudia Sheinbaum’s administration as investors weigh rising debt, sluggish growth and the continuing fiscal burden of Petróleos Mexicanos. Moody’s Ratings lowered Mexico’s long-term local and foreign-currency issuer and senior unsecured ratings to Baa3 from Baa2, while changing the outlook to stable from negative. The move leaves Latin America’s […]

By Nitya Chakraborty This is the season of high level summits. On May 14 and 15, U.S President Donald Trump visited Beijing and had ‘ fantastic’ talks, according to the U.S. President, Chinese media also went overboard explaining the great possibilities of China-US cooperation in political and economic spheres and also how important this was […]

The article Cuba Is Under Siege By USA, But Neither Xi Jinping Nor Putin Taking It With Trump appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Investors should be seeking advice on a possible US stock market correction as surging bond yields driven by the ongoing war in Iran pose a near-term risk to stock gains. Wall Street spent the past year treating artificial intelligence as a force powerful enough to overwhelm inflation, war, deficits and interest rates simultaneously. Markets rewarded that conviction spectacularly. Nvidia added more than $2tn in market value in […]

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