Arabian Post Staff -Dubai US President Donald Trump has said Washington will demand compensation from Iran as part of any future peace settlement, responding to Tehran’s call for reparations over damage caused during five months of war. Trump said the demand would cover Americans killed or seriously wounded in attacks and conflicts that Washington has blamed on Iran or Iran-backed groups over several decades. He also called […]
As the first full year following the island-wide special customs operations of the Hainan Free Trade Port (FTP), 2026 has been designated the “Marine Tourism Year,” with a strategic focus on ocean-themed cultural travel. Leveraging policy dividends such as visa-free access for citizens of 86 countries, expanded traffic rights, and offshore duty-free shopping, Hainan has consistently enhanced its openness to the world, fueling a surge in cultural tourism demand. In the first half of this year alone, the island recorded over 1 million inbound visits, a year-on-year increase of 48.8%, underscoring the robust growth momentum of the FTP’s tourism sector.
In Wanning’s Riyue Bay, the international media group experienced firsthand the rapid expansion of Hainan’s coastal sports industry. Renowned as a world-class surfing destination, the bay receives more than 500,000 visits annually, drawing travelers from as far as Australia and Southeast Asia. A major highlight was the nation’s first Olympic-standard artificial surf pool, which employs advanced wave-making technology to simulate 23 different wave types, enabling year-round, all-weather surfing regardless of natural conditions. Mr. Guney Isik Ganimgil, a contributor to Turkey’s Aydınlık newspaper, remarked that Hainan’s cultural tourism development has far exceeded expectations and holds tremendous investment potential.
Eco-empowered tourism and the protection of blue bays are the defining hallmarks of Hainan’s development. The Hainan Ocean Paradise Resort adheres strictly to a policy against capturing wild marine life; its rescue center has successfully rehabilitated and released over 200 rare marine creatures, including sea turtles and hawksbills, back into the wild. Meanwhile, Wuzhizhou Island has pioneered an innovative model of eco-tourism, partnering with universities to develop a tropical marine ranch. Through the strategic deployment of artificial reefs and the transplantation of tens of thousands of coral colonies, the island now offers visitors the opportunity to participate in coral transplantation—a hands-on experience that fosters a virtuous cycle between ecological conservation and tourism engagement, earning high praise from the attending media.
Deepening the integration of culture and tourism has also revitalized Hainan’s traditional maritime heritage. The Danjia fishing rafts continue to enrich their authentic marine-ethnic cultural offerings, continuously diversifying their “product portfolio”. Tianya Town, built around a century-old fishing village, has evolved into a coastal leisure landmark, now home to nearly a hundred boutique homestays and specialty cafés. The Sanya International Duty-Free Shopping Complex, housing over 1,000 international brands, has introduced cutting-edge “duty-free + technology” consumption scenarios. And the Sanya Yacht Tourism Center, with a complete industrial chain, recorded over 220,000 yacht outings in 2025, cementing its status as a premier destination for high-end coastal tourism.
After four days of in-depth exploration, the media delegation witnessed a Hainan that is open, green, and vibrantly dynamic. Today’s Hainan FTP has transcended the traditional model of seaside tourism, with policy as its backbone, ecology as its canvas, and culture as its soul. By continually energizing the blue economy, Hainan is presenting a compelling new vision of high-quality development to the world.
Hashtag: #HainanFreeTradePort
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Turkey has signalled that Egypt could join the Mecca Joint Defence Agreement, widening a new security arrangement with Saudi Arabia and Pakistan that carries a collective-defence commitment resembling NATO’s Article 5. Turkish Foreign Minister Hakan Fidan said President Recep Tayyip Erdogan wanted the three-country alliance to expand and identified Egypt as a potential participant once outstanding technical issues were resolved. His comments have shifted attention towards Cairo […]
Arabian Post Staff -Dubai Iran has appointed veteran Revolutionary Guards commander Mohsen Rezaei as secretary of its Supreme National Security Council, reshaping the country’s security leadership while negotiations with Oman over shipping through the Strait of Hormuz approach a decisive stage. Rezaei replaces Mohammad Bagher Zolghadr, another former Revolutionary Guards commander who had held the powerful post since March. Zolghadr has been moved to a political advisory […]
AI Financial Corp has sold its main operating subsidiary for a $12 million secured promissory note and shares in the buyer, marking a dramatic reversal for a fintech company that surged past a $1 billion market valuation after tying its fortunes to the Trump family’s cryptocurrency venture. The Las Vegas-based company, formerly known as ALT5 Sigma Corp, completed the sale of Quebec-based ALT 5 Sigma Canada Inc […]
Iranian lawmakers are scrutinising the final wording of a proposed maritime agreement with Oman over the Strait of Hormuz as US President Donald Trump says negotiations are advancing towards a deal that could restore commercial shipping through the strategic waterway. Trump said the discussions were “moving along” when questioned by reporters at the White House late Thursday, offering no further details. Tehran has separately indicated that an […]
Arabian Post Staff -Dubai UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Russian President Vladimir Putin have discussed strengthening bilateral cooperation while calling for intensified diplomatic efforts to ease tensions across the Middle East. The two leaders held a telephone conversation on Friday, reviewing cooperation under the UAE-Russia strategic partnership and reaffirming their commitment to expanding ties in areas of mutual interest. Their discussions […]
Arabian Post Staff -Dubai Abu Dhabi National Oil Company has warned that sustained attacks on its vessels, employees and assets are significantly disrupting operations as insecurity in the Strait of Hormuz deepens pressure on Gulf energy supplies and commercial shipping. ADNOC said on Friday that 15 of its vessels had been targeted by missiles and drones while passing through the strategic waterway since the regional conflict erupted. […]
President Donald Trump has ordered a new layer of trade protection for the US solar supply chain, imposing tariffs and minimum import prices designed to favour domestic manufacturing while raising the prospect of higher costs for developers and households adopting solar power. The measures place a 15% tariff on imported polysilicon and products derived from it, alongside minimum prices covering key stages of crystalline-silicon solar manufacturing. The […]
AMD has agreed to acquire Toronto-based chip startup Taalas, adding technology that embeds artificial intelligence models directly into silicon as the semiconductor group intensifies its push into the fast-growing AI inference market. The deal, announced on August 6, will bring Taalas’s specialised inference technology and engineering team into AMD’s Artificial Intelligence Group. Financial terms were not disclosed. Completion remains subject to customary regulatory approvals and closing conditions. […]
Wintermute has secured US broker-dealer registration, opening the door for the digital-asset market maker to trade equities and equity options and take a bigger role in exchange-traded products as the boundaries between crypto and conventional securities markets narrow. The expansion is being carried out through Wintermute USA LLC, its New York-based affiliate, which is registered with the Securities and Exchange Commission and is a member of the […]
Coinbase has opened US stock trading to customers in the UK, accelerating its push beyond cryptocurrencies as the exchange seeks to become a broader financial platform spanning digital assets, equities, savings and borrowing. The service began rolling out progressively to eligible UK users on August 6, giving customers access to nearly 4,000 US stocks through the same Coinbase application used for crypto and fiat holdings. Trading is […]
Arabian Post Staff -Dubai Sharjah’s property market recorded AED7 billion in transactions during July, marking a 61.8% increase from AED4.4 billion in June as sales, mortgages and ownership registrations accelerated across the emirate. The number of transactions rose 25.3% month on month to 9,376, while the total area covered by sales transactions reached about 27.2 million square feet. The figures extend the strong performance seen during the […]
A Bitcoin wallet untouched since 2011 has moved 50 BTC worth about $3.2 million to a new address with transaction links to FalconX, reviving scrutiny of cryptocurrency holdings dating from the network’s earliest years. The 50 BTC remained in the receiving address on Friday, providing no direct evidence that the coins had been deposited with FalconX or sold. However, the destination wallet has previously transferred Bitcoin to […]
Hyperliquid-linked exchange-traded funds have lost their early momentum, with inflows slowing sharply in July and early August as competition intensifies across cryptocurrency derivatives and prediction markets. JPMorgan analysts said the pullback follows unusually strong demand in May and June, when Hyperliquid ETFs led non-bitcoin cryptocurrency funds in inflows relative to assets under management. The reversal has raised questions about whether the fast-growing decentralised trading platform can maintain […]
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 […]
Sandisk and Western Digital shares have slumped despite stronger-than-expected quarterly results, showing that investors are demanding ever more from companies whose valuations have soared on the artificial intelligence boom. The sell-off has also revived speculation that some speculative capital could be shifting towards cryptocurrency, although evidence of a sustained rotation into bitcoin remains limited. Sandisk fell more than 13% during Thursday trading, while Western Digital dropped about […]
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 […]
China has launched a cybersecurity review of products made by Palo Alto Networks, widening its scrutiny of US technology suppliers as trade and security tensions with Washington intensify. The Cyberspace Administration of China said the review was intended to identify risks that could affect the country’s critical information infrastructure, network security and national security. The regulator did not specify which products were being examined, how long the […]
A tentative deal between Iran and Oman on shipping through the Strait of Hormuz is being treated in some quarters as the moment the year’s biggest energy risk finally eases. I believe that investors would be wise to treat it with considerably more caution than that. The scale of what is at stake in this waterway is hard to overstate. In a normal year, roughly 20 million […]
Bitcoin miners are facing an intensifying profitability crisis as the average cost of producing one coin approaches $78,000, leaving about one-fifth of the global mining fleet operating at a loss. Bitcoin was trading near $64,500 on Thursday, roughly 17% below the estimated industry-wide production cost. The gap has persisted for several months, forcing operators to shut down older machines, sell cryptocurrency reserves and redirect capital towards artificial […]
Aramex reported record quarterly revenue of Dh1.83 billion for the three months ended June 30, 2026, as freight-forwarding demand and flexible routing helped the logistics group navigate regional transport disruption. Second-quarter revenue increased 22 per cent from Dh1.50 billion a year earlier, marking the highest quarterly total in the company’s history. May and June also produced record monthly revenue figures. Net profit rose to Dh47.4 million, compared […]
Aave founder Stani Kulechov has opposed a proposed change to Ethereum’s monetary policy, warning that cutting validator rewards as staking expands could weaken decentralised finance, deter investors and undermine ether’s appeal as a productive asset. The disputed plan, initially circulated as EIP-8361 and subsequently renumbered EIP-8363, would introduce a “tapered issuance burn”. It would destroy an increasing share of the newly issued ether allocated to validators as […]
Tether’s gold-backed digital asset XAU₮ has received Shariah compliance certification, widening its potential use among Islamic banks, institutional investors and individuals seeking digitally accessible exposure to physical bullion. The certification was issued by Amanah Advisors, an Islamic finance consultancy led by scholar Mufti Faraz Adam. It found that the token’s structure complies with core Islamic finance principles, including real ownership of an underlying asset, transparent backing and […]
