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...

Arabian Post Staff Saudi Tadawul Group Holding Company (STG), a diversified capital markets group in the MENA region, has entered into a binding agreement with the shareholders of DME Holdings Limited to acquire a 32.6% stake in Dubai Mercantile Exchange...

Arabian Post Staff Global sukuk issuance will reach about $160 billion-$170 billion in 2024, from $168.4 billion at year-end 2023 and $179.4 billion in 2022, Standard & Poor’s said in a report. The drop in issuance volumes in 2023, which mainly result...

Arabian Post Staff The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled since year-on-year. At the same time the proportion of CEOs concerned about their long-term business viability has rise...

K Raveendran In a landmark judgement, the US SEC has approved 11 Bitcoin spot ETFs paving the way for mass adoption of digital assets. Sending you herewith, reactions from industry stalwarts on its impact and future outlook. According to experts, it is ex...

Arabian Post Staff JetFinder, a Toronto-based private jet broker with UAE presence, recently set a milestone by recording a cryptocurrency transaction for approximately 750K USDT for a single flight booking. The anticipated approval of a Bitcoin ETF repre...

Arabian Post Staff India and the UAE signed three Memorandums of Understanding (MoUs), setting out frameworks for the expansion of bilateral investment cooperation in the renewable energy, food processing and healthcare sectors. The agreements were signed...

Arabian Post Staff Abu Dhabi-based conglomerate International Holding Company announced the formation of  2PointZero as a next generation Holding Company comprising several diverse and dynamic companies. Spanning multiple sectors, business combinations of...

Arabian Post Staff Abu Dhabi’s maritime sector received a new year boost with the Abu Dhabi Maritime, part of AD Ports Group launching a platform to bridge the gap between public and private stakeholders to connect and strengthen the maritime sector. The...

Arabian Post Staff Saudi Arabia has contributed significantly to promoting women employment in the thriving travel and tourism sector in alignment with the Saudi Vision 2030 goals, ensuring the kingdom’s presence in a report on the sector’s soaring employ...

An amazing drone show which featured 5,000 drones added to Dubai’s New Year celebrations this year as fireworks just wowed the visitors at Burj Khalifa. Abu Dhabi and Ras Al Khaimah joined in the celebrations, with record-breaking fireworks. Dubai Metro a...

Arabian Post Staff Abu Dhabi Commercial Bank has signed an agreement to divest  80% stake in its wholly owned property management subsidiary Abu Dhabi Commercial Properties to Nine Yards Plus Holding, a real estate subsidiary of EIH Ethmar International H...

Tabreed, the world’s leading district cooling company, announced the successful closure of its inaugural AED 600 million Green Revolving Credit Facility (RCF) in partnership with First Abu Dhabi Bank (FAB) as the Green Coordinator, alongside Abu Dhabi Com...

Arabian Post Staff The members of the , have selected Saudi Arabia’s Minister of Finance Mohammed Aljadaan will be the new Chair of the International Monetary and Financial Committee (IMFC), the policy advisory body of the Board of Governors of the Intern...

K Raveendran GCC countries could become more vulnerable to the economic and financial impacts of physical risks from climate change over the next few decades if investments in adaptation and resilience stagnate, Standard & Poor’s said in a report. Acc...