Etihad Rail, the developer and operator of the UAE’s national railway network, has taken a significant leap towards connecting the bustling emirates of Dubai and Abu Dhabi. The company recently unveiled its prototype passenger train, marking a major miles...

Arabian Post Special For decades, the Middle East’s tourism landscape has been dominated by a few key players, with the United Arab Emirates (UAE) reigning supreme. However, a seismic shift is underway, as Saudi Arabia, long known primarily for religious...

Arabian Post Special Dubai is stepping out from the shadows of established beauty capitals like Paris and New York, carving its own niche as a prominent hub for the global beauty industry. This rise is fuelled by several factors, making it a strong conten...

K Raveendran The United Arab Emirates (UAE) is witnessing a significant demographic shift, with a growing influx of professionals replacing the previously dominant low-wage workforce. This trend is impacting various aspects of life in the UAE, most notabl...

Arabian Post Staff Dubai is set to witness its first initial public offering (IPO) of 2024, with Parkin, the emirate’s Roads and Transport Authority (RTA) parking division, taking center stage. This move follows the successful privatization initiatives of...

K Raveendran The recent decision by the Financial Action Task Force (FATF) to remove the United Arab Emirates (UAE) from its “grey list” of jurisdictions under increased monitoring has significant implications for the country, both domestically and intern...

Arabian Post Staff The United Arab Emirates (UAE) has secured a significant victory in its fight against illicit finance, as the Financial Action Task Force (FATF) removed the country from its “grey list” on Friday. This move, which follows years of effor...

K Raveendran A survey undertaken by Dubai Casinos, proclaiming itself to be the vanguard in the realm of casino guidance and expertise in the UAE, about the idea of legalising casinos in the emirate has revealed that 42.2 percent of the respondents oppose...

By Saifur Rahman The number of mainland business license in Dubai jumped 26.8 percent to 217,788 companies in 2023, according to Dubai Chambers.  “[The year] 2023 has been another year of landmark achievements for Dubai Chambers in which we furthered our...

K Raveendran While the Dubai real estate market is undoubtedly hot, experts are predicting a possible slowdown in 2024. This could lead to price moderation and selective buying are expected, although the scope for a  significant market corrections is seen...

Arabian Post Staff UAE and India signed a Memorandum of Understanding  setting out a framework for the expansion of bilateral investment cooperation in the digital infrastructure sector, with a special emphasis on data centre projects in India. The memora...

Arabian Post Staff Air Arabia has reported a record net profit of AED 1.5 billion for the full year ending December 31, 2023; representing a 27 per cent increase compared to the AED 1.2 billion recorded in 2022. Turnover for the same period reached AED 6...

Arabian Post Staff Emaar recorded revenues of AED 26.7 billion (US$ 7.3 billion) and net profit of AED 11.6 billion (US$ 3.2 billion) in 2023, achieving growth of 7% and 70% respectively compared to the same period last year, the company announced. This p...

Arabian Post Staff High interest rates and tight liquidity conditions have weighed on credit growth in Saudi Arabia’s banking sector, although it remained robust at 10% in 2023, S&P said in a report. Also, after strong growth over the past few years,...

Arabian Post Staff The Abu Dhabi International Arbitration Centre (arbitrateAD) will launch operations on February 1, 2024, the Abu Dhabi Chamber of Commerce and Industry (ADCCI) announced.  This strategic initiative aligns with the Chamber’s commitment t...