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US Aircraft Carrier in the Arabian Sea
July 16th, 2026 - 06:46 GMT
P. Choiaqo

P. Choiaqo

Saudi Arabia to buy $2 billion worth of weapons from the US

ALBAWABA - The sale of an estimated $1.96 billion worth of weapons focused on air defenses to Saudi Arabia has been approved, according to the U.S. State Department. The weapons sought by the Kingdom of Saudi Arabia are around 20,000 Advanced Precision Kill Weapon Systems and its warheads which are described as "an inexpensive way to destroy targets while limiting collateral damage in close combat.” According to the U.S. Navy ...
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Saudi Arabia Adds $500 Million to UN's Yemen Humanitarian Response Plan (Shutterstock)
February 27th, 2019 - 07:52 GMT

Saudi Arabia Adds $500 Million to UN's Yemen Humanitarian Response Plan

The oil industry is on the decline, and petrol-burning motor cars will soon be replaced by electric vehicles. (Shutterstock)
February 26th, 2019 - 11:48 GMT

Saudi Aramco: Oil Industry Faces 'Crisis of Perception'

Funds worth Dh32 billion  have already been allocated for the project which runs until 2025. (Shutterstock)
February 26th, 2019 - 11:18 GMT

UAE to Build Over 30,000 Residential Units for Its Nationals by 2025

Saudi private funds rose 25.8 percent in the Q4 to $47.54 billion, compared with $37.77 billion in the same quarter in 2017. (Shutterstock)
February 26th, 2019 - 11:06 GMT

Saudi Arabia's Investment Funds Increased 15 Percent in 2018

Gov't to pay new personnel's salaries, premiums and taxes for 3 months. (Shutterstock)
February 26th, 2019 - 10:59 GMT

Turkey to Raise Employment by Supporting Businesses

Saudi investments firms were and still are interested in Egypt’s recovering economy. (Shutterstock)
February 26th, 2019 - 09:14 GMT

Saudi Investments in Egypt Reaches $54 Billion

The United Nations is seeking $ 4.2 billion to provide life-saving assistance to 21.4 million people in Yemen. (Shutterstock)
February 26th, 2019 - 09:00 GMT

UN Needs $ 4.2 Billion to Provide Assistance to 21.4 Million Yemenis

Crypto-assets operating under blockchain distributed ledger systems have drawn much regulator attention globally. (Shutterstock)
February 26th, 2019 - 08:53 GMT

Bahrain Issues Rules on Crypto-Assets

Brent closed at $67.25 per barrel while WTI traded at $57.11 per barrel at the same time. (Shutterstock)
February 26th, 2019 - 08:45 GMT

Brent Crude Falls to $67 Per Barrel

Expatriates hold 60,386 public sector jobs. (Shutterstock)
February 26th, 2019 - 08:37 GMT

Despite Saudization Efforts, Expats Still Occupy Over 60,000 Public Sector Jobs

The country also aims to invest in artificial intelligence technologies for smart sustainable energy systems. (Shutterstock)
February 26th, 2019 - 08:13 GMT

Major Saudi-British Energy, AI Initiative Launched in Saudi Arabia

CEMC 2019, is set to explore issues critical in the crisis and disaster management sector, with a particular focus on Artificial Intelligence, AI, among other policies and frameworks designed to reduce. (Shutterstock)
February 25th, 2019 - 01:41 GMT

AI Tops the Agenda of Crisis and Emergency Management Conference in UAE

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