Arabian Post Staff -Dubai Dubai’s residential property market is experiencing a surge, driven by a significant increase in demand for off-plan properties. These are properties that are still under construction, and buyers are essentially purchasing based...

Arabian Post Staff Driven by a convergence of state and private IPO listings, a subsequent increase in financial services fees and a growing population of high-net-worth individuals, Dubai’s tax-efficient and demonstrably resilient economy has not only bo...

Arabian Post Staff -Dubai The opening of the opulent “Arabian Nights” casino complex just outside Dubai has sent shockwaves through the region’s investment landscape, triggering a surge of interest and igniting a gold rush for land and property near the g...

Arabian Post Staff -Dubai In a strategic move to woo international investors, Amin Nasser, CEO of Saudi Aramco, the state-owned oil giant, embarked on a whirlwind transatlantic roadshow. Nasser defied his advisors’ suggestions to prioritize New York and i...

By Saifur Rahman Property developers in the UAE and the GCC countries have raised US$4.3 billion (Dh15.48 billion) utilising debt market instruments such as bonds and Islamic sukuks to fund existing and future real estate projects, according to latest ann...

Arabian Post Staff -Dubai Following Uber’s first year of profitability since its 2019 IPO, CEO Dara Khosrowshahi has identified the Middle East as a key driver of the company’s long-term growth strategy. In an exclusive interview with The National’s Edito...

Arabian Post Staff -Dubai The Abu Dhabi real estate sector is experiencing a surge in foreign investment, buoyed by a record-breaking first quarter (Q1) of 2024. According to the Abu Dhabi Real Estate Centre (Adrec), the custodian and regulator of the emi...

Arabian Post Staff -Dubai The Organization of the Petroleum Exporting Countries (OPEC) and its non-member allies, a group known as OPEC+, reached an agreement on Sunday to extend current oil production cuts into 2025. This move signifies a continued effor...

Arabian Post Special The announcement of Saudi Aramco’s plan to sell shares on the public market has generated significant buzz in the financial world. This highly anticipated initial public offering (IPO) comes after years of speculation and strategic ma...

By Saifur Rahman Investment Corporation of Dubai, an investment arm of the Government of Dubai, reported a 68 percent jump in net profits to a new record of Dh60.8 billion on Dh310.2 billion in revenue for the year ended 31 December 2023. This growth has...

Arabian Post Staff – Dubai Dubai, the long-reigning champion of Middle Eastern tourism, has a new contender vying for the crown. Saudi Arabia, embarking on an ambitious plan to transform itself into a global tourism destination, is pouring billions into d...

Arabian Post Staff – At the Riyadh conference this week, Airbus secured a major victory after the Saudia Group, which owns both Saudia Airlines and budget carrier flyadeal, announced a record-breaking order for 105 Airbus narrow-body aircraft. This move c...

The United Arab Emirates (UAE) has introduced a new visa program designed to attract and retain individuals who significantly contribute to environmental protection. The 10-year Blue Residency visa aims to solidify the UAE’s commitment to sustainability,...

By Saifur Rahman Emirates Group that includes the world’s largest international passenger carrier Emirates Airline and its ground handling and ticketing arm Dubai National Air Travel Agency (Dnata) reported a 71 percent jump in net profits exceeding Dh18....

Arabian Post Staff – A rising Chinese hotel brand, Ji Hotels, is poised to make its mark on the Gulf region with its first properties planned for Dubai and Saudi Arabia. This move signifies China’s growing ambition to establish a foothold in the lucrative...