Gulf markets experienced an upward swing today as oil prices rebounded and optimism surfaced across key regional sectors. The market’s movement also responded to global cues, with investors eyeing gains in the energy sector after oil prices recovered from...

OPEC+ has announced a delay in the anticipated resumption of oil supply cuts, reflecting the ongoing challenges within the global crude market as prices continue to struggle. This decision follows a meeting of the coalition’s Joint Ministerial Monitoring...

In a major endorsement for the Abu Dhabi Securities Exchange (ADX), U.S.-based GQG Partners has injected a substantial $500 million investment into Alpha Dhabi, a prominent UAE-based conglomerate and a subsidiary of the International Holding Company (IHC)...

Arabian Post Staff A potential increase in supply could saturate the unfulfilled demand, and lead to lower prices and rents in the Dubai real estate market, S&P said in a report. It notes that the market expects residential supply stock will increase...

Indonesia’s ambitious Trans Sumatra toll road project is set to receive a significant boost with the support of Abu Dhabi’s ADIA (Abu Dhabi Investment Authority) and the Netherlands-based APG Asset Management. The two global investment giants have signed...

A new federal decree-law aimed at overhauling traffic regulations has been enacted by the UAE Government, reflecting a strategic effort to modernize the nation's transportation framework. This legislation responds to the dynamic global shifts in mobility,...

The International Monetary Fund has raised concerns that global markets are underestimating the potential economic impact of geopolitical tensions. Amid signs of improving economic stability, especially as global disinflation enters its final stages, the...

HSBC has appointed Pam Kaur as its Chief Financial Officer (CFO), marking the first time in its 160-year history that a woman has taken on this prominent role. Kaur, currently the bank’s Chief Risk and Compliance Officer, will officially assume her new po...

Lulu Group International, one of the Middle East's largest retail conglomerates, is planning to sell a 25% stake in its retail and sourcing divisions, raising approximately $1.7 billion to $1.8 billion. This move is a precursor to its highly anticipated i...

Saudi Arabia's next major development, dubbed the

DP World is moving forward with a $1.3 billion investment in its London Gateway port, reaffirming its commitment to one of the United Kingdom's most significant infrastructure projects. This announcement from the British government comes after concerns em...

Growing interest in Dubai as a premier destination for high-net-worth individuals is intensifying discussions about the potential implementation of departure taxes on those leaving high-tax jurisdictions. This trend is primarily driven by a surge of wealt...

Adani Group, led by billionaire Gautam Adani, is reportedly engaged in discussions with a Middle Eastern sovereign wealth fund to secure a significant investment in its airport business. The move is seen as part of the conglomerate’s broader strategy to r...

Interest in real estate investment trusts (REITs) within the Gulf Cooperation Council (GCC) is increasing, fueled by favorable economic conditions, including lower interest rates and supportive government initiatives. These factors are positioning REITs a...

Dubai has taken a significant step toward becoming a cashless economy with the launch of the