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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

India first nation to land spacecraft near Moon’s south pole

The landing of the unmanned Chandrayaan-3, which means "Mooncraft" in Sanskrit, comes days after a Russian probe crashed in the...
  • The Chandrayaan-3 mission has captivated public attention since launching nearly six weeks ago in front of thousands of cheering spectators.
  • Chandrayaan-3 took much longer to reach the Moon than the Apollo missions in the 1960s and 1970s, which arrived in a matter of days.

Saudi Arabian Crown Prince launches KAUST’s new strategy

RIYADH, SAUDI ARABIA - Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of KAUST Board...
  • Strategy aims to transform research into economically productive innovations by focusing on national priorities for research, development and innovation.
  • It aims to strengthen KAUST’s partnerships with both the public and private sectors, which will contribute to achieving the objectives of Vision 2030.

Saudi CST urges public for feedback on ‘space use plan’ for frequency spectrum

Riyadh, Saudi Arabia--The Communications, Space and Technology Commission (CST) has urged the public to provide their views on its space...
  • It has given all "interested parties" in the kingdom and outside a time until September 10 next month to provide views and observations
  • Early this year, CST announced the formation of a Space Entrepreneurship Alliance to achieve growth and sustainability in the sector

Iran first Islamic country to have modern observatory, says official  

TEHRAN, IRAN – Iran is the first Islamic country to possess a very modern observatory, the head of the Institute...
  • The head of the Institute for Research in Fundamental Sciences said that Iran lacked the resources to build an observatory.
  • He added that an observatory is like a living entity, and continuous work and progress are necessary for proper functioning.

Two UAE astronauts conduct spacewalk training at NASA’s neutral buoyancy lab

Houston, United States - As part of NASA’s 2021 astronaut candidate class training programme, Emirati astronauts Nora Al Matrooshi and...
  • AlMatrooshi and AlMulla’s training in the NBL, the world's largest indoor pool used for simulated spacewalk is a crucial phase on the way to completing their astronaut training
  • Spacewalks are a cornerstone of both current and future space exploration missions, making the Emirati astronauts training at the NBL vital to their future role in space missions

Russia launches first Moon mission in nearly 50 years

The spacecraft, which will remain on the Moon for a year, will be tasked with "taking (samples) and analysing the...
  • The rocket with the Luna-25 probe lifted off at 02:10 am Moscow time (2310 GMT Thursday) from the Vostochny Cosmodrome
  • The spacecraft is due to reach lunar orbit in five days, It will then spend between three and seven days choosing the right spot for landing

UAE focuses on developing a national astronaut team

"Astronaut Sultan Al Neyadi is currently on the longest space mission in Arab history ... This mission has elevated the...
  • As Emirati Sultan Al Neyadi completes Arab's longest space mission and first ISS spacewalk, UAE's Astronaut Program now boasts four qualified astronauts
  • MBRSC plans a mid-2024 launch for the advanced MBZ-SAT as UAE strengthens space ties with Bahrain, Kuwait, and seeks collaborations with Egypt and Saudi Arabia

UAE and UN to boost climate action cooperation in run up to COP28

New York, US--The UAE and the UN have discussed joint cooperation and partnership on government experience exchange, global climate action...
  • The UAE delegation noted the country's initiatives in development including government work, capacity building and exchange of expertise
  • They also discussed opportunities to boost cooperation in international initiatives, maximizing the positive impact of climate action around the world

UAE and Egypt to boost cooperation in higher education, scientific research

Cairo, Egypt-- The UAE and Egypt are looking to ramp up cooperation in the fields of higher education and scientific...
  • The Egyptian minister noted the depth of the ties across all levels between the two countries, especially in scientific, cultural and educational fields
  • The UAE official applauded the relations between the UAE and Egypt, noting the latter's role in the education field and stressing UAE's resolve to deepen ties

Sultan Al Neyadi takes part in Dreams experiment aboard ISS

DUBAI, UAE - The Mohammed Bin Rashid Space Center (MBRSC) on Sunday announced the successful execution of the Dreams experiment...
  • The experiment was conducted in collaboration with the European Space Agency, French space agency CNES and Toulouse University Hospital.
  • The Dreams experiment is to investigate the sleep patterns of astronauts in the microgravity environment on the ISS.

James Webb Telescope captures first direct image of exoplanet TWA 7b

The telescope, which can see farther into the universe than anything before it, has turbocharged the search for planets beyond...

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SpaceX Crew-7 returns after six-month mission on Space Station

Washington, United States - Four astronauts splashed down off Florida in the Gulf of Mexico on their return to Earth early...

Four space station crew members leave for Earth

WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...

Saudi Arabia unveils its man shaped AI robot Mohammad

Riyadh, Saudi Arabia - Saudi Arabia unveiled its first male humanoid robot ‘Muhammad’ during the second edition of DeepFast in...

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Scientists launch hub to channel quantum power for good

GENEVA, SWITZERLAND – Scientists will work to channel the huge emerging power of quantum computers for the common good at a...
  • Quantum computing combines advances in scientific understanding of the subatomic world with leaps in information theory.
  • The first commercial quantum computers are still believed to be up to a decade away.

SpaceX blasts off to ISS with US, Russia astronauts on board

Just minutes after the launch, as the rocket soared over the Atlantic, it was moving at a speed of 6,000...
  • SpaceX Falcon 9 rocket lifted off at 10:53 pm (0353 GMT Monday) from the Kennedy Space Center, lighting up the night sky with a long, bright plume of orange flame
  • Endeavour, the capsule that carried the three men and one woman into orbit, has already been launched four times by Elon Musk's SpaceX

Japan’s Moon craft SLIM revives after lunar night

TOKYO, JAPAN – Japan's Moon lander has produced another surprise by waking up after the two-week lunar night, the country's space...
  • The unmanned Smart Lander for Investigating Moon (SLIM) touched down last month at a wonky angle that left its solar panels facing the wrong way.
  • As the sun's angle shifted, it came back to life for two days and carried out scientific observations, Japan Aerospace Exploration Agency (JAXA) said.