Arabian Post Special The 100-day lead-up to COP28 in Dubai, held under the UAE’s presidency, was a period of both anticipation and scrutiny. The urgency of the climate crisis demanded “transformative climate action,” as the UAE itself declared. Their focu...

Arabian Post Special The sands of the Middle East are shifting, not just geopolitically, but financially as well. The region, long known for its vast oil reserves, is witnessing a new kind of power emerge – the growing influence of sovereign wealth funds...

K Raveendran The merger of Nakheel and Meydan under Dubai Holding, which the Dubai Ruler and UAE Vice President Sheikh Mohammed bin Rashid Al Maktoum announced on Saturday, marks a significant shift in Dubai’s economic landscape, but it’s just the latest...

Arabian Post Special The ongoing Red Sea crisis has cast a long shadow over the Gulf construction industry. While the initial reports focused on the disruption to material supply, a new wrinkle is emerging – the impact on the competitiveness of major cons...

K Raveendran The Dubai International Financial Centre’s (DIFC) enactment of the world’s first comprehensive digital assets law this week marks a milestone, not just for the world of cryptocurrency and blockchain technology, but also for Dubai’s ambitions...

Abu Dhabi’s Mubadala Investment Company has partnered with Blue Opal Capital, a US venture capital firm specializing in investing in other venture capital funds (fund-of-funds). This strategic alliance positions Mubadala as the anchor investor for Blue Op...

K Raveendran The UAE and Saudi Arabia, the Middle East’s two powerhouses, are engaged in a no-holds barred competition to claim the coveted title of the region’s business and financial capital. Until some time back, the UAE had virtual monopoly in this re...

Arabian Post Special Dubai, a city known for its glitz and luxury, is facing a potential rent squeeze for its residents. The revision of the Real Estate Regulatory Authority’s (RERA) rent calculator, a tool used to determine permissible rent increases, is...

Arabian Post Special Dubai, long a haven for international finance with its tax-friendly policies, has shaken things up with a new law imposing a 20% annual tax on foreign banks operating within the emirate. This move marks a significant shift and has far...

Arabian Post Staff As much as 20 percent of the UAE population have shifted to online shopping during the last few years, a conference on e-commerce in Dubai was informed. This raises the online shopping population from 4.5 million in 2019 to 6.5 million...

Arabian Post Staff Etihad Airways announced a net profit of AED 525 million (U.S.$ 143 million) for the full year 2023, underscoring a strong financial performance and effective operational strategy. The airline reported AED 1.4 billion (U.S.$ 394 million...

Arabian Post Special A bizarre ballet is unfolding in financial markets, with Bitcoin and gold, two seemingly antithetical assets, reaching record highs simultaneously. This seemingly contradictory phenomenon has left investors scratching their heads, won...

Arabian Post Special The recent announcement by Qatar to significantly ramp up its Liquefied Natural Gas (LNG) production capacity has sent shockwaves through the global energy market. This ambitious plan, targeting a massive 142 million tonnes per year b...

Arabian Post Special In a significant diplomatic move, US Vice President Kamala Harris has urgently called for an immediate ceasefire in the ongoing conflict between Israel and Hamas. Her appeal specifically targets the volatile region of Gaza, which has...

Arabian Post Special The reported decision by OPEC+, the alliance of oil-producing countries led by Saudi Arabia and Russia, to extend production cuts until the end of the second quarter, while seemingly straightforward, carries significant implications f...