Saudi Aramco is exploring asset sales to bolster its balance sheet as it navigates declining oil revenues and intensifies its international expansion efforts. The state-owned oil giant has engaged investment banks to propose strategies for monetising its...

Abu Dhabi is set to host the world’s largest artificial intelligence data centre outside the United States, following a landmark agreement between OpenAI, G42, Oracle, NVIDIA, SoftBank, and Cisco. The project, named Stargate UAE, will be situated at the n...

A group of prominent Senate Democrats, led by Elizabeth Warren and Minority Leader Chuck Schumer, has urged the Trump administration to reconsider newly announced artificial intelligence chip agreements with Saudi Arabia and the United Arab Emirates . Th...

Dubai’s real estate sector, having witnessed a remarkable 70 percent surge in property values over four years, is increasingly attracting the attention of major Wall Street investors, signalling a fresh wave of international capital flowing into the marke...

The United States has pledged a $60 billion investment in the United Arab Emirates' energy sector, as part of a broader $440 billion joint initiative extending through 2035. This commitment was announced during President Donald Trump's visit to the Gulf,...

Saudi Arabia’s Crown Prince Mohammed bin Salman continues to assert his influence in the global energy markets, a strategy that has far-reaching implications not only for the kingdom’s domestic policies but also for its relationship with the United State...

Abu Dhabi’s International Holding Company has joined forces with US-based investment giant BlackRock to establish a $1 billion reinsurance platform headquartered in the Abu Dhabi Global Market . The initiative, which also includes Lunate, an Abu Dhabi-ba...

By Saifur Rahman The Emirates Group reported an 18 percent growth in profit before tax exceeding US$6.2 billion (Dh22.7 billion) – a new record – in the financial year 2024-25. This is the first financial year that the UAE corporate tax, enacted in 2023,...

At 1:44 a.m. on 6 May 2025, Indian armed forces carried out precision strikes on nine locations in Pakistan and Pakistan-administered Kashmir. The operation, codenamed 'Operation Sindoor,' was launched in response to the 22 April massacre in Pahalgam, whe...

By Saifur Rahman When Ho Kwon Ping, a young Stanford drop-out, saw an abandoned tin mine in Thailand’s Bang Tao Bay in Laguna Phuket area in 1984, he didn’t know what to do with it as the land that was dimmed ‘useless’ by its former occupiers. It was a pa...

Abu Dhabi’s Mubadala Capital is set to lead a $10 billion syndicated investment into TWG Global, marking a significant move into the global sports and entertainment sector. This partnership not only positions Mubadala at the forefront of high-value sports...

Syria’s fragile post-war recovery effort gained significant momentum after Saudi Arabia and Qatar pledged to clear the country’s outstanding World Bank debt, a critical step towards unlocking new international funding. The commitment, disclosed following...

Arabian Post Staff -Dubai The United States is preparing to offer Saudi Arabia an arms package exceeding $100 billion, potentially to be announced during President Donald Trump’s upcoming visit to the kingdom in May. This proposal follows a failed attempt...

Emirates Integrated Telecommunications Company has entered into a landmark agreement with Microsoft to construct a state-of-the-art hyperscale data centre in the UAE. The project, valued at approximately 2 billion dirhams , marks a significant developmen...

Oil prices experienced a significant decline of over 2% on Monday, with Brent crude falling to $66.81 per barrel and West Texas Intermediate dropping to $63.58. This downturn is attributed to progress in US-Iran nuclear negotiations and escalating concer...