China Launches New Group of Low Earth Orbit Satellites

Wenchang: China successfully launched a new group of low Earth orbit satellites from the Wenchang Space Launch Site in the southern island province of Hainan. According to Emirates News Agency, this satellite group is the eighth of its kind and will be part of an internet constellation. The launch was conducted using a Long March-5B … Read more

TAQA Reports AED3.7 Billion Net Income for H1 2025

Abu dhabi: Abu Dhabi National Energy Company PJSC (TAQA) today announced its financial results for the first half of 2025. The group delivered a 4.5 percent year-on-year increase in revenue for H1 2025, reaching AED28.4 billion. This growth was led by higher pass-through costs in the Transmission and Distribution (TandD) segment. EBITDA reached AED10.2 billion, … Read more

Kuwait Oil Price Drops to $68.68 Per Barrel

Abu dhabi: The price of Kuwaiti oil experienced a decrease of $1.10, bringing it down to $68.68 per barrel on Wednesday. This decline follows a previous price of $69.78 on Tuesday, as reported by the Kuwait Petroleum Corporation (KPC). According to Emirates News Agency, Brent crude futures saw a reduction of 49 cents, settling at … Read more

EWEC Seeks Proposals for Al Nouf Independent Power Producer Project

Abu dhabi: Emirates Water and Electricity Company (EWEC) has issued a Request for Proposals (RFP) for the development of the Al Nouf Independent Power Producer (IPP) project, marking it as the largest single-site carbon-capture-ready Combined Cycle Gas Turbine (CCGT) plant in the UAE. Al Nouf will be situated within the Al Nouf Complex, a site … Read more

Typhoon Podul Makes Second Landfall in Fujian Province

Fujian: Typhoon Podul made its second landfall along the coast of Zhangpu County in east China’s Fujian Province just after midnight on Thursday, according to the Fujian provincial meteorological observatory. According to Emirates News Agency, Podul was classified as a severe tropical storm at the time of its latest landfall, with maximum sustained winds reaching … Read more

Saudi Arabia’s Inflation Rate Remains Stable at 2.1% in July

Abu dhabi: Saudi Arabia’s annual inflation rate remained relatively stable at 2.1 percent in July 2025 compared to the same period last year, the Saudi Press Agency (SPA) reported. According to Emirates News Agency, data from the General Authority for Statistics (GASTAT) showed that the Consumer Price Index (CPI) was also stable on a monthly … Read more

Dubai Racing Club Launches ‘Racing Ahead’ Internship to Empower Emirati Talent

Dubai: Dubai Racing Club (DRC) has officially launched ‘Racing Ahead,’ a dynamic new internship programme designed to support and develop the next generation of Emirati professionals. According to Emirates News Agency, the initiative reinforces DRC’s commitment to advancing the UAE’s vision of national talent development, in line with broader Emiratisation goals. Kicking off on 17th … Read more

Ajman and Uganda Discuss Investment Opportunities for Economic Growth

Ajman: Abdullah bin Mohammed Al Muwaiji, Chairman of the Ajman Chamber, recently met with Zaake Wanume Kibedi, Ambassador of the Republic of Uganda to the UAE, to explore avenues for mutual investment, enhance economic relations, and boost bilateral trade between Ajman and Uganda. According to Emirates News Agency, the meeting took place at the Ajman … Read more