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Shares in SpaceX drop over 9% amid broader tech stock decline following midterms

Shares in Elon Musk's SpaceX fell over 9% on Thursday, reflecting a broader decline in technology and artificial intelligence stocks following the recent U.S. midterm elections. The Nasdaq Composite index, heavily weighted towards tech companies, dropped more than 5% during…

Saudi coalition intercepts ballistic missile aimed at Medina amid Yanbu warning

The Saudi-led coalition announced on Thursday that it successfully intercepted a ballistic missile fired by the Houthi militia aimed at the Medina region, a site of significant religious importance. This interception occurred shortly after the kingdom's civil defense agency issued…

Francesco Laporta takes commanding lead after first round of Abu Dhabi Aldar Championship

Francesco Laporta surged to a commanding lead after the first round of the Abu Dhabi Aldar Championship, carding a remarkable 62 at Yas Links. The Italian golfer matched the lowest round of his DP World Tour career, finishing the day…

Dubai residential real estate transactions rise 12.4% to AED 25.15 billion in October

Dubai's residential real estate market experienced a significant boost in October 2023, with transactions rising 12.4% to AED 25.15 billion ($6.85 billion) across 10,178 deals. This increase, reported by Springfield Properties, underscores the ongoing strength of the off-plan property segment,…

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