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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 electricity generated from the renewable sources will reach 1000 megawatts by March 2019. (Shutterstock)
January 19th, 2019 - 11:00 GMT

Iran to Construct 3000 New Small-Scale Solar Plants in Rural Areas

The Cabinet decided to slash the general sales tax on 61 commodities down to 4 per cent from 10 and 16 per cent. (Shutterstock)
January 19th, 2019 - 10:00 GMT

Jordan’s Decision to Reduce Sales Tax on Commodities Criticised as Ineffective

Some 700,000 civil servants observing a nationwide strike demanding payments' hike. (KUNA)
January 19th, 2019 - 07:28 GMT

Tunisia’s Workers Strike Demanding Higher Pay

Economists believe the UAE economy to perform better than most expect over the coming years. (Shutterstock)
January 19th, 2019 - 07:26 GMT

Rise in Public Spending to Boost GCC Economic Growth

Between 50 and 100 students participated in the demonstration, holding signs protesting the cost of education and lack of job opportunities. (Shutterstock)
January 18th, 2019 - 07:30 GMT

Lebanese Youth Protests Demanding Economic Change

According to the agreement signed with the housing authority, anticipating the total number of housing units will be between 5,000 to 6,000. (Shutterstock)
January 18th, 2019 - 06:30 GMT

Chinese Contractor to Deliver 6,000 Housing Units in Kuwait

The Dubai RTA has collaborated with big global firms for the extension of Dubai Metro Red Line up to the site of Expo 2020. (File/Photo)
January 18th, 2019 - 06:00 GMT

Dubai Route 2020 Trials Marked Successful

The world’s largest concentrated solar plant is due to be completed by 2021 near Dubai and is expected to have a 1,000-MW capacity. (Arab News)
January 18th, 2019 - 05:30 GMT

From Solar Boats to Electric Buses, UAE Diversifying Its Eco-Friendly Transportation Means

It's a dream set to come true in the UAE by 2020. (Shutterstock)
January 18th, 2019 - 05:00 GMT

Abu Dhabi Hyperloop, a Dream Costing up to $40 Million per Kilometre

EIA expects crude oil prices to continue to rise in late 2019 and early 2020 because of an increase in refinery demand for light-sweet crude oil (Shutterstock)
January 17th, 2019 - 10:46 GMT

Brent Oil Estimated at $61 per Barrel in 2019

The figure shows 10 percent rise from the tax income earned during the same period of time in the previous year. (Shutterstock)
January 17th, 2019 - 10:03 GMT

More Than $16 Billion Generated in Iran From Tax Revenues

CBI decided to take a more moderate stance toward the digital money and blockchain technology following the imposition of a new round of U.S. sanctions. (Shutterstock)
January 17th, 2019 - 09:54 GMT

Will Crypto-Rial Help Iran Evade the Sanctions' Effects?

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