Arabian Post Staff Regional ports and terminals operator Gulftainer announced that it has extended its concession agreements with the Sharjah Ports, Customs and Free Zones Authority for a further 35 years, which reinforces the shared mission to transformi...

Arabian Post Staff Propelled by strong growth throughout the first three quarters of the year and anticipation of an exceptional surge in guest numbers in the final quarter, Dubai Airports is forecasting annual passenger traffic at Dubai International (DX...

Saifur Rahman Emirates Airline, the world’s largest international airline, placed firm orders for 95 additional wide-body aircraft worth US$52 billion (Dh190 billion) at list price, taking its total order book to 295 aircraft. Emirates has also updated it...

K Raveendran As real estate prices continue to rise in Dubai, the risk of a cyclical reversal is mounting, rating agency Standard & Poor’s has said in a report.   The agency, however, adds that the Dubai developers are well prepared for such a turn of...

Arabian Post Staff Abu Dhabi National Energy Company (Taqa), one of the largest listed integrated utilities in Europe, the Middle East and Africa, unveiled revised growth targets that will see the group accelerate the development of new power and water ge...

Saifur Rahman, Executive Editor State-owned Emirates Group — which includes Emirates Airline, the world’s biggest carrier of international passengers and its ticketing and ground handling subsidiary Dnata, reported a 138 percent jump in profits to a recor...

Arabian Post Staff Beyond the catastrophic loss of life and costly damage to infrastructure, the war between Israel and Hamas will have repercussions for other economies in the Middle East and North Africa (MENA), Standard & Poor’s said in a report. A...

Arabian Post Staff Dubal Extrusion Investment (DEI), a company under Dubai Holding, has completed the acquisition of Thermalex Inc – an aluminium extrusion company specialized in aluminium multiport extruded tube (MPE) located in Montgomery, Alabama, USA....

Arabian Post Staff Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has signed four Memorandums of Understanding (MoUs) to enhance the emirate’s digital ecosystem. The agreements with Mastercard,...

Arabian Post Staff Virgin Atlantic’s returned to Dubai International Airport (DXB) for the first time since March 2019. The UK-based airline re-commenced its flights from London Heathrow Airport (LHR) on 30 October, with a four-weekly service to cater for...

Arabian Post Staff Fortune 500 Arabia, the list that ranks the 500 largest corporations in the Arab region according to their annual revenues, reveals that the UAE is home to the headquarters of 87 Fortune 500 Arabia companies, marking approximately 17% o...

Arabian Post Staff ESG rating agencies are one of the main barriers to increasing investment in emerging markets, with a core challenge being that many rating agencies use KPIs that are not relevant to emerging markets, a study by Future Investment Initia...

Arabian Post Staff Abu Dhabi Future Energy Company  Masdar has signed agreements for solar and onshore wind projects with a total capacity of 1 gigawatt (GW) in Azerbaijan, following the inauguration of the region’s largest operational solar plant, the 23...

Arabian Post Staff Himalaya Wellness has broken ground for its upcoming state-of-the-art herbal pharmaceutical factory that will produce tablets, capsules, liquid orals, and ointments at Dubai Industrial City. ADVERTISEMENT Phase one of the factory will b...

K Raveendran The United Arab Emirates is among the few countries in the world to see the Rule of Law Index score increase this year.  The UAE achievement is all the more remarkable as a majority of countries have seen rule of law being eroded this year. ...