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 carrier rocket, which included a Yuanzheng-2 (Expedition-2) upper stage at the top of the rocket. The satellites have successfully entered their preset orbit, marking another achievement for China’s space program. This mission is the 588th for the Long March series carrier rockets, demonstrating the reliability

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, while net income stood at AED3.7 billion. Underlying profitability in TAQA’s core utilities businesses remained strong. According to Emirates News Agency, Mohamed Hassan Alsuwaidi, Minister of Investment and Chairman of TAQA, emphasized that TAQA continues to deliver across its core businesses and new growth markets,

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 $65.63 per barrel. Additionally, West Texas Intermediate (WTI) recorded a decrease of 52 cents, resulting in a price of $62.65 per barrel. These market movements highlight ongoing fluctuations in global oil prices.

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 strategically designated to become a significant hub for power and water production in the Emirate of Abu Dhabi. According to Emirates News Agency, the state-of-the-art plant is designed to offer efficiency, operational flexibility, and reduced emissions, aligning with the UAE’s long-term decarbonisation goals. The Al

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 30 metres per second near its centre. The typhoon, which made its first landfall in Taitung County in China’s Taiwan region on Wednesday afternoon, is expected to bring strong winds and heavy rainfalls across Guangdong, Guangxi, Hunan, and Guizhou. Meteorologists said the typhoon would weaken

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 basis, with prices across most categories remaining largely unchanged from June to July 2025. The Wholesale Price Index (WPI) remained stable at 2.1 percent in July, while recording a slight monthly decline of 0.1 percent compared to June. The CPI measures changes in the prices

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 August 2025, the programme offers Emirati graduates an immersive, hands-on experience within the world of professional horse-racing and large-scale event operations. Participants will be placed across various departments aligned with their academic backgrounds, gaining real-world insight, professional mentorship, and exposure to international best practices at

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 Chamber headquarters and included the participation of Salem Al Suwaidi, Director-General of Ajman Chamber; Aisha Al Nuaimi, Director of the Investment and Business Promotion Department; and a delegation from the Ugandan Embassy. Al Muwaiji emphasized the chamber’s dedication to fostering international cooperation to bolster economic