Tag: Saudi Arabia

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ACWA Power secures financial close for $2.5 billion Rabigh 2 expansion project

Real Estate Editorial Desk -
ACWA Power has announced that Al Morjan Two Electricity Company has successfully achieved financial close for the $2.5 billion Rabigh 2 Independent Power Project (IPP) Expansion in Saudi Arabia. This project, which will feature a combined-cycle power plant with a…

UAE condemns Houthi drone attack on Taiba power station in Madinah, Saudi Arabia

Dubai News Editorial Desk -
The UAE has condemned a recent drone attack by the Houthi movement on the Taiba power distribution station in Madinah, Saudi Arabia. The Ministry of Foreign Affairs issued a statement describing the attack as a serious violation of Saudi Arabia’s…

Oil prices dip 1% as Gulf exports recover and US inventories rise

Business Editorial Desk -
Oil prices dipped by 1% on Thursday, driven by recovering crude exports from the Gulf and an unexpected rise in US inventories, which alleviated supply concerns. This development comes as investors are also considering renewed diplomatic efforts between the US…

UAE to celebrate Saudi Arabia’s 96th National Day on September 23, highlighting strong ties

Health/Lifestyle/Wellness Editorial Desk -
The UAE will celebrate Saudi Arabia's 96th National Day on September 23, underscoring the strong and enduring ties between the two nations, as reported by ARN News. This partnership is viewed as a cornerstone of Gulf unity, fostering economic growth,…

Army chiefs of Turkiye, Pakistan, and Saudi Arabia meet in Riyadh amid Houthi attacks

World Editorial Desk -
Military leaders from Turkiye, Pakistan, and Saudi Arabia convened in Riyadh on September 25, 2026, to discuss collaborative strategies amid escalating attacks by Yemen's Houthi movement. The meeting was prompted by a surge in Houthi assaults on Saudi Arabia, which…
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Dubai real estate market sees Dhs600 million resale of residential plot in Barsha Heights

Business 0
The Dubai real estate market witnessed a significant transaction on Thursday, with a residential plot in Barsha Heights resold for Dhs600 million. This sale, which covers an area of 74,350 square feet, reflects an average price of Dhs8,070 per square…

Israeli opposition leaders accuse Netanyahu of attempting to delegitimise election results

World 0
Israeli opposition leaders, including Gadi Eisenkot, have condemned Prime Minister Benjamin Netanyahu for alleging foreign interference in the recent elections, which resulted in his coalition losing its parliamentary majority. Netanyahu's Likud party accused Arab-led parties of "stealing" the election, prompting…

Azmatullah Omarzai’s century leads Afghanistan to T20 series victory over Zimbabwe

Sports 0
Azmatullah Omarzai's explosive century propelled Afghanistan to a thrilling 19-run victory over Zimbabwe in the second T20 match, securing a 2-0 series win. The match, held at Sharjah Cricket Stadium, saw Afghanistan post a formidable total of 221 runs, while…

Abu Dhabi apartment prices surge 24% year-on-year in Q3 2026, driving market growth

Real Estate 0
Abu Dhabi's residential real estate market experienced significant growth in the third quarter of 2026, with apartment prices surging 24% year-on-year, according to ValuStrat's latest quarterly review. This increase is more than double the 10.2% rise recorded for villas, indicating…

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