A milestone decision has been reached by Gulf Cooperation Council (GCC) financial regulators, setting a framework for streamlined fund passporting within the bloc. This move is poised to enhance market integration and facilitate cross-border investments a...

By Saifur Rahman Dubai’s state-owned publicly-listed utility Dubai Electricity and Water Authority (DEWA), reported a 6.2 percent growth in revenue reaching a record US$6.4 billion (Dh23.5 billion) and net profit of US$1.5 billion (Dh5.5 billion) in the f...

Dubai is positioning itself as a pivotal player in the global gold market, leveraging its unique geographic location, robust infrastructure, and forward-thinking policies. The city has seen a surge in gold trade activity, propelled by geopolitical shifts,...

Mergers and acquisitions (M&A) activity in the Middle East and North Africa (MENA) region has been notably strong in 2024, with the UAE and Saudi Arabia emerging as the dominant players, driving a significant share of the regional deal flow. A combina...

The Abu Dhabi Securities Exchange (ADX) has reached a historic milestone, nearing a valuation of $1 trillion, driven by strategic investments from key players like Sheikh Tahnoon bin Zayed Al Nahyan. As one of Abu Dhabi's deputy rulers and the UAE’s natio...

Global oil markets are headed toward a significant surplus in 2025, according to the International Energy Agency (IEA). The forecast, which emerged as part of the IEA's latest oil market report, highlights the combination of weak demand growth and ample s...

The Saudi Public Investment Fund (PIF), a major sovereign wealth fund under the Saudi government, has executed a notable transaction by divesting over $1 billion worth of shares in the Saudi Telecom Company (STC). This decision aligns with the PIF’s strat...

Arabian Post Staff Dubai state-owned Emirates Group that operates the world’s largest international carrier, Emirates Airline, reported a record profit before tax of Dh10.4 billion (US$2.8 billion) for the first six months of 2024-25, its best-ever half-y...

Dubai's office market has experienced a significant surge in rental prices during the third quarter of 2024, with prime office locations recording the steepest increases. This upward trend is reflective of the city's growing appeal as a global business hu...

The Trump administration’s latest strategy to impose stricter sanctions on Iran and Venezuela is set to have a significant impact on global oil markets. As tensions rise over geopolitical maneuvering and energy security concerns, experts predict that thes...

Gulf markets experienced an upward swing today as oil prices rebounded and optimism surfaced across key regional sectors. The market’s movement also responded to global cues, with investors eyeing gains in the energy sector after oil prices recovered from...

OPEC+ has announced a delay in the anticipated resumption of oil supply cuts, reflecting the ongoing challenges within the global crude market as prices continue to struggle. This decision follows a meeting of the coalition’s Joint Ministerial Monitoring...

In a major endorsement for the Abu Dhabi Securities Exchange (ADX), U.S.-based GQG Partners has injected a substantial $500 million investment into Alpha Dhabi, a prominent UAE-based conglomerate and a subsidiary of the International Holding Company (IHC)...

Arabian Post Staff A potential increase in supply could saturate the unfulfilled demand, and lead to lower prices and rents in the Dubai real estate market, S&P said in a report. It notes that the market expects residential supply stock will increase...

Indonesia’s ambitious Trans Sumatra toll road project is set to receive a significant boost with the support of Abu Dhabi’s ADIA (Abu Dhabi Investment Authority) and the Netherlands-based APG Asset Management. The two global investment giants have signed...