Category: World

From diplomatic negotiations and conflict zones to trade deals, climate challenges, and technological breakthroughs, Arabian Post provides balanced reporting that connects global events with regional implications. With a dedicated focus on accuracy and context, our world news section highlights the voices of policymakers, experts, and communities directly affected by international change.

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Hong Kong's regulatory landscape for stablecoins is expected to undergo significant transformation with new frameworks anticipated by the end of the year. This marks a substantial step in the Hong Kong Monetary Authority's (HKMA) broader plan to establish the city as a central player in the digital asset ecosystem. Through an upcoming licensing scheme, the HKMA intends to create a structured environment for fiat-backed stablecoins, ensuring stringent oversight

By Nantoo Banerjee With geopolitical tensions rising in Europe and Asia and central banks across the world buying gold like never before are mainly behind the near continuous rise in gold prices since last year. The surging gold price trend may continue through the coming months unless peace

A spectacular display of national pride has emerged at Umm Suqeim Beach, featuring an impressive 11,600 UAE flags arranged to form a vivid portrait of the nation’s founding leaders, Sheikh Zayed and Sheikh Rashid. This monumental installation, which spans an area of 75 by 104 meters, was unveiled in conjunction with UAE Flag Day, celebrated on November 3.

The Flag Garden serves as a visual celebration of the UAE's

Baker Hughes has inaugurated its latest state-of-the-art facility dedicated to surface pressure control (SPC) solutions in Abu Dhabi. This new headquarters and manufacturing center is poised to serve as a pivotal hub for the company, enhancing its operational capabilities within the region and beyond.

Covering an expansive area of 46,000 square meters, the Abu Dhabi SPC facility will specialize in providing a comprehensive range of wellhead and subsea tree

By Dr. Gyan Pathak One third of the working-age persons of the world aged 15 or older outside the labour force in 2023were engaged in unpaid care work, while in India they were 54.1 per cent, the new estimates presented

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The Dow Jones Industrial Average, a long-established benchmark reflecting the U.S. stock market, is preparing to replace Intel with Nvidia, marking a pivotal change driven by the latter’s ascendance in artificial intelligence (AI). Nvidia's impressive stock surge over recent years has made it a prime candidate for the Dow, where selections are based on sustained growth and market

Swiss banking giant UBS has introduced a pioneering money market fund backed by Ethereum technology, marking a significant move in the tokenized asset space. This initiative allows UBS to combine blockchain capabilities with traditional asset management through a pilot fund structured as a Variable Capital Company (VCC) in Singapore. With this fund, UBS targets enhanced accessibility and efficiency, leveraging blockchain’s capabilities to fractionalize assets and streamline operational costs,

By K Raveendran The tenure of Justice Sanjiv Khanna, who is set to succeed Justice D Y Chandrachud as the new Chief Justice of India, is too short to become a pivotal phase and as such promises more continuity than breaking new ground. At

By Nitya Chakraborty Republican candidate Donald Trump’s Diwali message, just four days before the crucial November 5 presidential elections in USA, has enormous significance, which goes beyond the possible impact on Hindu-Americans voters on the polling day. The content of the message will have big impact on

The delivery of Emirates' first Airbus A350 has been postponed until early December, marking yet another setback in the airline's fleet expansion plans. Originally scheduled for delivery in mid-2023, this delay is attributed to ongoing supply chain challenges that have impacted the aviation industry globally.

Emirates has been at the forefront of modernizing its fleet, committing to acquiring 50 Airbus A350-900 aircraft, a move aimed at enhancing operational efficiency

By K Raveendran With clear indications that Israel is sparing Iranian oil facilities from attack, the downward pressure on oil has further increased and there is renewed talk of oil settling down around the level of $50 to the barrel. Crude has already fallen

Diplomatic tensions have surged between Ethiopia and Somalia, sparked by Somalia’s decision to expel Ethiopia's ambassador Ali Adan, accusing him of undermining its sovereignty. Ali Adan was formally declared persona non grata and given a 72-hour deadline to exit Somalia. This move comes amidst a backdrop of strained relations between the two nations, which have navigated complex political dynamics over shared borders, security cooperation, and regional influence.In the immediate fallout, Somalia also ordered the closure of Ethiopian consulates in Somaliland

OpenAI’s ChatGPT has introduced an enhanced functionality for its web users: the ability to search conversation history, enabling users to locate specific exchanges quickly. This new feature, poised for a phased rollout, allows users to sift through previous chats with keywords, easing access to past discussions and helpful insights.

Currently, the search feature is limited to certain subscription tiers, such as ChatGPT Plus and Pro users, ensuring access to

Bitcoin’s hashrate, an indicator of the computing power dedicated to its blockchain, reached a historic peak of 769.8 exahashes per second (EH/s) this month. This record figure represents a significant rise in mining activity and network security, underscoring a broader trend toward consolidation within the cryptocurrency mining industry. Major players in the field continue to expand their operations while smaller firms face mounting challenges driven by the rising operational costs and

Catastrophic flooding across southeastern Spain has left at least 72 people dead, with authorities evacuating thousands as torrents of water inundated urban and rural areas. The combination of intense rainfall and storm surges turned streets into rivers, submerged highways, and halted transportation networks in Murcia, Valencia, and Almeria. This extreme weather event, classified locally as a *gota fría* or "cold drop," brought unprecedented rainfall and gale-force winds, marking one of the nation’s most severe weather-related disasters in recent history.

The flooding

By Kalyani Shankar DALLAS (USA): The U.S. Presidential election on November 5 is of immense significance, as it will determine the next tenant of the White House and shape the future of the United States an also its relationship with the other countries

Etihad Airways has announced a new seasonal route to Al Alamein in Egypt, a popular destination along the northern Mediterranean coast. The airline aims to cater to the rising travel demand for unique summer destinations from the UAE, making Al Alamein an accessible option for vacationers. Known for its scenic Mediterranean beaches and proximity to major cultural sites, the destination offers a blend of leisure and historical attractions.

A landmark budget for 2025 to 2027 has been approved by the Dubai Government, marking a pivotal step in its economic strategy. This new budget is set at an unprecedented AED 69.5 billion, representing a significant increase over the previous budget cycle, which focused on robust investment in infrastructure, education, and sustainability initiatives. The plan reflects Dubai's ambition to enhance its status as a global economic hub and

By Nitya Chakraborty The North Atlantic Treaty Organisation (NATO), the security alliance of the western nations led by the USA is having an uneasy period after celebrating its 75th year of founding in July this year with big fanfare. The recent summit of the BRICS in

A wave of E. coli cases across ten U.S. states led to a temporary suspension of McDonald's Quarter Pounder sales as federal health officials investigated its potential role in the outbreak. At least 49 people reported illness after consuming meals from McDonald's, with a significant number indicating that they had ordered the Quarter Pounder burger. These reports linked to confirmed cases of E. coli O157:H7— a bacterium notorious for causing severe stomach cramps and, in some instances, life-threatening kidney complications.This

Hong Kong’s tech and innovation sector has stepped into a strategic collaboration with Saudi Arabia’s Vision 2030, underscoring the growing relationship between these two economic hubs. In a landmark move, InvestHK, Hong Kong’s leading economic development agency, recently sent its largest startup delegation to the Kingdom to explore new avenues for investment and innovation in sectors such as fintech, smart manufacturing, and biotechnology. This alignment reflects a critical

French President Emmanuel Macron is set to arrive in Morocco on October 28, marking a significant effort to repair diplomatic ties that have been strained by a series of disputes and political frictions in recent years. The visit, spanning three days, comes at the invitation of Morocco’s King Mohammed VI and is positioned as an attempt to reinforce cooperation between the two countries amid rising regional challenges and

Delta Air Lines has initiated legal proceedings against cybersecurity firm CrowdStrike, attributing a widespread system outage this summer to the company’s alleged oversight. The malfunction, reportedly triggered by an improperly tested software update, disrupted Delta’s operations during peak travel season, resulting in approximately 7,000 flight cancellations and extensive delays. Delta claims the incident led to over $500 million in revenue losses and additional operational costs, according to court documents filed in Georgia.This legal confrontation marks an intensifying blame game between

By Nantoo Banerjee Domestic issues often override international commitments in diplomacy. China’s preference of Kamala Harris to Donald Trump as the next US president may look unusual but not entirely illogical from the world’s second largest economy’s business point of view.

Eight fatalities have been confirmed following Israeli airstrikes in the Lebanese city of Sidon, with officials fearing that the death toll may rise further. The attacks, occurring amid ongoing tensions between Israel and Hezbollah, are reported to be the deadliest in Sidon since the resurgence of conflict over a year ago. Residents and local authorities have described the bombings as devastating, leading to significant destruction in the densely populated areas of the city.This escalation comes as part of

Inflows into digital assets reached $901 million this month, culminating in a remarkable $27 billion year-to-date total, signaling a substantial shift in market sentiment. The surge in inflows is largely attributed to increasing political optimism within the United States, which has invigorated investor confidence in the sector. Notably, the U.S. recorded the largest inflows, totaling $906 million, while Canada, Brazil, and Hong Kong faced slight outflows, highlighting a

By Anjan Roy Although ice has apparently been broken between India and China over conflicts and confrontations in Demchok and Depsang areas in eastern Ladakh, tensions have not been eliminated fully. The hurriedly announced agreement, in the hours before BRICS summit in Russia’s Kazan on October

By K Raveendran The desperation shown by BJP members of the parliamentary accounts committee to shield SEBI chairperson Madhabi Puri Buch from criticism for her failure to appear before the panel shows how her acts of commission and omission were not just

By Dr. Gyan Pathak With announcement of NDA and INDIA bloc’s candidates for byelections of all the 9 Vidhan Sabha Constituencies in Uttar Pradesh, one can now see the chief contestants arrayed in the electoral battlefield, and also make an assessment of their respective strengths and weaknesses,

Celestial AI has acquired a significant portfolio of silicon photonics intellectual property (IP) from Rockley Photonics, enhancing its position in the photonic interconnect technology sector. This strategic move allows Celestial AI to leverage both granted and pending patents related to silicon photonics, a technology crucial for high-speed data transmission and optical computing.

The acquisition reflects a growing trend in the technology sector, where companies are increasingly focused on integrating

Tether, the prominent stablecoin issuer, has presented a groundbreaking proposal to the Turkish government, aiming to tokenize the country’s vast boron reserves. Turkey controls over 70% of the world’s boron, a key mineral used in industries such as glass, ceramics, and detergents, making the potential of tokenization a significant step toward enhancing global trade and accessibility.

The initiative reflects growing interest in tokenizing real-world assets (RWA) across various sectors,

By Nitya Chakraborty The one-hour meeting between the Indian Prime Minister Narendra Modi and the Chinese President Xi Jinping on October 23 on the side lines of the BRICS summit at Kazan, has signalled a breakthrough in the bilateral relations between the two largest

  By K Raveendran Successive pronouncements by the Supreme Court have revealed a growing judicial sense against the potential for abuse in the draconian anti- money laundering laws. This has an important bearing on the pending petitions for the review of the apex courts verdict in

By Rabindra Nath Sinha KOLKATA: “We have no inhibition in socialising over a bowl of soup or a cup of tea or coffee; but thereafter it is ‘thus far and no further for us’. We have our long-standing demands and we are firm

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