Tag: featured
UAE has world’s highest average temperature
Arabian Post Staff A new study has […]
COP28 UAE Chair call to include food in climate action
Arabian Post Staff COP28 UAE Presidency has […]
DIFC disposes cases worth AED15 billion in six months
Arabian Post Staff The Dubai International Financial […]
Emaar gets a rating upgrade
Arabian Post Staff Dubai real estate developer Emaar Properties received credit rating upgrades from Fitch Ratings, Moody's, and S&P Global, reflecting its strong financial performance and improved leverage ratios. Fitch Ratings has upgraded Emaar Pro...
IIT Delhi to have Abu Dhabi campus
Arabian Post Staff The Abu Dhabi Department of Education and Knowledge (ADEK), the Ministry of Education in India, and the Indian Institute of Technology Delhi (IIT-Delhi) - India’s leading technical education and research institution - have signed a Memo...
S&P sees sukuk issues lower than last year
Arabian Post Staff Issuance of sukuk denominated in foreign currency was up about 9% in the first half of 2023, thanks to Saudi Arabia and a few new issuers, and further issuance is anticipated this year, since some Gulf issuers are already prepared, just...
Dubai Games Fest showcases Dubai spirit
Arabian Post Staff Dubai has marked the conclusion of the Dubai Esports and Games Festival (DEF 2023) and is celebrating record visitor numbers, with more than 26,000 people visiting the five day festival. The Vox Gaming Theatre engaged gamers during the...
UAE word’s 4th largest greenfield investment recipient
Arabian Post Staff United Arab Emirates is the fourth largest recipient of greenfield projects in the world, according to the 2023 United Nations World Investment Report, which has just been released. The United States remained the largest host for announ...
India’s Indigo orders 500 Airbus A320s
Arabian Post Staff IndiGo, India’s largest airline by market share, has placed a firm order for 500 A320 Family aircraft, setting the record for the biggest single purchase agreement in the history of commercial aviation. The latest agreement takes the to...
Flynas orders 30 Airbus A320neos
Arabian Post Staff Flynas, the Saudi air carrier and a leading low-cost airline in the Middle East, has firmed up an order with Airbus for 30 new A320neo Family aircraft, taking the airline’s total order with Airbus to 120 A320neo aircraft, including 10 A...
UAE is Middle East’s foremost wealth hub
Arabian Post Staff The UAE has emerged as the leading wealth hub in the Middle East, according to Henley & Partners, a global leader in residence and citizenship by investment. A net inflow of approximately 4,500 millionaires is expected in the UAE in...
PIF unit signs deal with Al Hilal Club
Arabian Post Staff Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), has signed a three-year official partnership agreement with the leading football champion, Al Hilal Saudi Club. Starting from the 2023/...
Dubai property transactions up 40%
Arabian Post Staff May saw a remarkable 40% increase in Dubai property sales transactions, totaling 11,621 and exceeding AED 33 billion in sales value, up 85% from May 2022 and 40% in comparison to April, according to a report by Allsopp & Allsopp. Se...
China, GCC free trade agreement ‘soon’
Arabian Post Staff A Free Trade Agreement (FTA) between China and GCC could be a game changer to boost the region and galvanise Middle Eastern economic transformation, according to a former Lebanese minister. Although the deal is yet to be signed, there i...
3 notches easier to set up business in UAE than Singapore
Arabian Post Staff UAE ranks three places ahead of Singapore in terms of least complex jurisdictions to set up and operate a business in the global business complexity index, published by TMF Group, a leading provider of compliance and administrative serv...