ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind farms in northern and central Portugal. Masdar will retain a 40% stake…

    SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold the current level while…

    NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the margins of the AI Impact Summit. The documents were signed by S.…

    SHARJAH: Air Arabia (PJSC) reported a record AED 1.8 billion net profit before tax for 2025 and said its board has proposed a cash dividend of 30 fils per share, subject to shareholder approval. The Sharjah-headquartered low-cost airline said the results cover the year ended Dec. 31, 2025,…

    Sports

    DUBAI: Tallon Griekspoor will face former world No. 1 Daniil Medvedev in the men’s singles final of the Dubai Duty Free Tennis Championships after both players won their semifinals on Friday at the ATP 500 event. Griekspoor, ranked 25th,…

    DUBAI: Jessica Pegula captured her first Dubai Duty Free Tennis Championships crown on Saturday, beating two-time champion Elina Svitolina 6-2, 6-4 in the women’s singles final to secure an early birthday milestone at a WTA 1000 event.…

    MENA Newswire, RABAT: Egypt and Nigeria secured places in the quarter-finals of the CAF Africa Cup of Nations on Tuesday after winning their respective Round of 16 matches, with Egypt defeating Benin 3-1 after extra time and Nigeria recording a 4-0 victory over…

    ABU DHABI, December 23, 2025: Canadian tennis player Victoria Mboko has been named the Women’s Tennis Association (WTA) Newcomer of the Year for 2025 following a breakout season that propelled her from outside the world’s top 300 to…

    DOHA, Qatar, December 18, 2025: French forward Ousmane Dembélé was named The Best FIFA Men’s Player 2025 at the annual awards ceremony in Doha on Monday, marking the Paris Saint-Germain winger’s first win at the prestigious global football event. Dembélé secured the honor following…

    TASHKENT, December 13, 2025: Mohammed Ben Sulayem has been re-elected as President of the Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the international federation for mobility organisations. The decision was confirmed…

    SANTIAGO, Chile, October 20, 2025: Morocco made football history on Sunday night by becoming the first Arab nation to win the FIFA U-20 World Cup, defeating Argentina 2-0 in the final held at Estadio Nacional Julio Martínez Prádanos in Santiago,…

    Engineers at Don State Technical University in Russia have unveiled an AI-powered training robot aimed at enhancing athletic performance while minimizing the risk of injury. The development is positioned as a response to a shortage of qualified trainers, particularly…

    The Fédération Internationale de l’Automobile (FIA) has confirmed the global calendar for its major world championships in 2026, reinforcing the Middle East’s role as a key destination for international motorsport. The announcements were made during the…