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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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The five top cross-industry technology exhibitions for techsperts (Shutterstock)
January 24th, 2019 - 11:50 GMT

Get Ahead of the Curve with Dubai's Top Tech Events

One is the massive local and global demand for hashish, currently being supplied by what Mansour said was an estimated 480 tons of hashish produced in Lebanon in the past seven years. (Shutterstock)
January 24th, 2019 - 11:21 GMT

Once Switzerland of the Mideast, Will Beirut Be the Amsterdam of This Region?

Lebanon is traditionally an arena for Saudi and Iranian influence and rivalry, but this has had a detrimental effect on the country's delicate politics, with both regional powerhouses seen as divisive. (Shutterstock)
January 24th, 2019 - 11:13 GMT

Will Saudi Support Lebanon After Qatar's Pledge?

The forecasts are for cyber insurance to keep expanding at a breathless pace, with turnover likely to exceed $8 billion by 2020, according to Morgan Stanley. (Shutterstock)
January 24th, 2019 - 10:31 GMT

The Importance of Cyber Insurance for Businesses

The $2.5 billion investment marks a rapid increase in the pace of Saudi investments in Russia. (Shutterstock)
January 24th, 2019 - 10:25 GMT

Russia Declares That Saudi Investments Reach $2.5 Billion

Royal Jordanian’s (RJ) flights to Syria have been suspended since 2012, and the route of its operations between Amman and Beirut was changed. (Shutterstock)
January 24th, 2019 - 10:20 GMT

Jordan Mulls Resuming Flights to Syria

Five countries have submitted their requests for the establishment of two nuclear reactors in Saudi Arabia on the Arabian Gulf coast. (Shutterstock)
January 24th, 2019 - 10:11 GMT

5 Countries Eye Building 2 Nuclear Reactors in Saudi Arabia

The value of these projects is expected to amount to about seven billion dollars (SR26.25 billion) (Shutterstock)
January 24th, 2019 - 09:40 GMT

Saudi Arabia to Implement 12 Renewable Energy Projects Worth of $7 Billion

European-backed system to facilitate non-dollar trade with Iran is aimed at circumventing US sanctions. (Shutterstock)
January 24th, 2019 - 09:00 GMT

EU to Launch New Trade Mechanism With Iran to Bypass US Sanctions

Iran and Iraq are keen on bolstering their bilateral trade that stands at nearly $11 billion. (Shutterstock)
January 24th, 2019 - 08:53 GMT

New Border Crossing Between Iran, Iraq to Facilitate Trade

Dubai will source eight per cent or at least 1000 megawatts of its over-all power requirements from renewable energy sources by next year. (Shutterstock)
January 24th, 2019 - 08:48 GMT

Renewable Energy to Produce 8 Percent of Dubai's Power

The oil was discovered at a depth of 3,770 meters and has an API gravity of 40 which is “very light and sweet. (Shutterstock)
January 24th, 2019 - 08:37 GMT

New Oil Discovery in Iran

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