Arabian Post Staff ADIPEC 2023 closed with the global energy industry delivering a clear message that it is united in its commitment to decarbonise and to fast-track the energy transition, while continuing to meet global energy needs. The event achieved a...

Arabian Post Staff Dubai International Financial Centre (DIFC) announced its Sustainable Finance Framework, which sets out fundraising principles for investments in its environmental and social projects that enable sustainable business operations. ADVERTI...

The Statistics Centre – Abu Dhabi (SCAD) has announced the Gross Domestic Product (GDP) estimates for the second quarter of 2023, revealing a whopping 12.3% growth of non-oil economy, and a 3.5% increase in the total GDP compared to the same period in 202...

Arabian Post Staff Emirates announced an agreement with Shell Aviation for the supply of over 300,000 gallons of blended SAF for use at the airline’s international hub in Dubai (DXB). ADVERTISEMENT The first SAF delivery under the agreement is expected to...

Arabian Post Staff Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) c...

Arabian Post Staff Sales transactions in Dubai’s off-plan and secondary segments in Q3 2022 were the highest in 12 years, both in volume and value with 25,456 sales transactions worth AED 69.7 billion, according to Swiss luxury developer DHG Properties, w...

Arabian Post Staff The Russia-Ukraine war and NATO bids have driven recent Distributed Denial of Service (DDoS) attacks growth, according to the findings of 1H2023 DDoS Threat Intelligence Report by Netscout Systems. Cybercriminals launched approximately...

Arabian Post Staff A fund with an initial corpus of $1 billion, named ASI BNP QLV Fund, has been launched aiming to serve as a bridge connecting India, the UAE, and Poland. ADVERTISEMENT Those associated with the fund are Sheikh Ahmed Al Qassimi, a UK-Ind...

Arabian Post Staff The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) teamed up with the online learning platform, Coursera, to launch the FutureSkills4All initiative — a transformative progr...

Arabian Post Staff Airport Handling, a joint venture of leading global air and travel services provider dnata, has been awarded a multi-year contract by Hainan Airlines to manage its ground handling operations at Milan Malpensa Airport (MXP). ADVERTISEMEN...

Arabian Post Staff Gulf Capital announced it has exited from its investment in Metito Holdings Ltd. after a  17-year partnership by leading the consortium that sold a majority stake in Metito to Alpha Dhabi Holding , one of the United Arab Emirates’ (UAE)...

Arabian Post Staff UAE’s state-owned renewable energy company Masdar will take final investment decisions later this year on the company’s first UK battery projects, CFO Niall Hannigan recently told S&P Global Commodity Insights in an interview. ADVER...

Arabian Post Staff Bahrain has taken significant regulatory steps to create a favorable environment for fintech, including the introduction of a fintech unit at the Central Bank of Bahrain (CBB), a regulatory sandbox, and new regulations for the digitaliz...

Arabian Post Staff Dubai Airport leads the preliminary direct connectivity ranking for 2023 in Middle East and Asia-Pacific, according to the Airport Connectivity Report, launched by the Airports Council International (ACI) Asia-Pacific and Middle East (A...

Arabian Post Staff Dubai International Financial Centre (DIFC) added a number of new insurance players in recent times, thereby strengthening Dubai’s position as a global hub for the insurance and reinsurance industry. The  sector is on track for 20 per c...