Tag: featured
Dubai to invest Dh128 bn in Phase II of Al Maktoum International Airport
By Saifur Rahman Dubai Government will invest Dh128 billion (US$34.87 billion) in developing the world’s largest airport terminal at Al Maktoum International Airport, part of the 140-square km Dubai South Aerotropolis, which has a design-built capacity to...
World Leaders Set for Strategic Talks in Riyadh
Global leaders will descend upon Riyadh, Saudi Arabia, for a crucial dialogue on pressing issues facing the international community. The upcoming gathering, organized by the World Economic Forum (WEF), aims to foster collaboration and chart a course for a...
Saudi Arabia Scales Back Ambitious Neom Project
Arabian Post Special Neom, a futuristic city project envisioned as a centerpiece of Saudi Arabia’s plan to diversify its economy, has undergone a significant revision. Originally planned to house 1.5 million residents in a high-tech zone called “The Line”...
UAE becomes rising crypto Oasis
Arabian Post Special The global cryptocurrency landscape has witnessed a recent shift, with the United Arab Emirates (UAE) emerging as a beacon of stability and opportunity amidst a period of regulatory uncertainty elsewhere. This transformation can be at...
$100 Billion Saudi Foreign Investment Quest Faces Challenges
Arabian Post Special Crown Prince Mohammed bin Salman’s ambitious Vision 2030 plan for Saudi Arabia aspires to transform the kingdom from an oil-reliant state into a diversified, technology-driven economy. A key pillar of this strategy is attracting signi...
Tourism leads in GCC diversification drive
Arabian Post Special Gone are the days when tourists flocked to the GCC solely for opulent shopping sprees. Now, the lure is multifaceted. Visitors are drawn to the awe-inspiring desert landscapes, the vibrant cultural tapestry, and the burgeoning art sce...
Abu Dhabi’s foray into life sciences tells a brand new story
Arabian Post Special The announcement by Abu Dhabi holding company ADQ to launch Arcera, a dedicated life sciences platform, marks an audacious foray into the biopharmaceutical realm and signifies Abu Dhabi’s ambition to not only diversify its economy but...
American Oil Flexes Muscle, Eats into OPEC+ Markets
Arabian Post Special The global energy landscape is undergoing a shift, with US oil suppliers emerging as a powerful force. This comes on the heels of sanctions imposed on Russia and Venezuela, traditionally dominant players under the OPEC+ umbrella. The...
UAE Golden Gambit to Counter Saudi Bid for Business Leadership
Arabian Post Special The United Arab Emirates’ (UAE) proposed introduction of 10-year “golden licenses” for businesses is a strategic move amidst a heating up competition with Saudi Arabia to become the preeminent business hub in the Middle East. While th...
A Tightrope Saudi Walk Towards Net-Zero
Arabian Post Special The Kingdom of Saudi Arabia, a nation synonymous with oil, has made a bold move towards environmental sustainability with the launch of its Green Finance Framework. This initiative aims to mobilize investments to propel the country to...
A Saudi coffee partnership aims to flavour global markets
Arabian Post Special Alghanim Industries, the region’s leading Costa Coffee franchisee, has joined forces with the Saudi Coffee Company, a subsidiary of the Public Investment Fund, in a strategic partnership to elevate Saudi Arabia’s coffee culture global...
Saturating traditional business forces telcos to embrace fintech
Arabian Post Special With core telecom businesses reaching maturity, characterized by high mobile penetration rates exceeding 100% in some countries, the region’s telecommunications companies are embarking on newer ways to boost revenues by embracing tech...
ADIA’s $1.2 billon investment in India’s Pocket FM sets trend
Arabian Post Special The Indian digital entertainment market is experiencing a meteoric rise, capturing the attention of international investors like the Abu Dhabi Investment Authority (ADIA). This surge in interest can be attributed to a confluence of fa...
Borse Dubai’s Nasdaq Stake Sale: Hot Debate on Reasons
Arabian Post Special The decision by Borse Dubai, the largest shareholder in Nasdaq, to sell a third of its stake for $1.6 billion has sent ripples through the financial world. The move raises questions about Borse Dubai’s long-term strategy and its poten...
Beyond Bullets and Barrels: UAE imports finance 125,000 US jobs
Arabian Post Special The United Arab Emirates (UAE) and the United States (US) often grab headlines for their strategic defence partnership. However, the strength of their relationship extends far beyond military cooperation, with a robust trade connectio...