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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.

Saudi Arabia enters a new era of tech and innovation

“The Kingdom advanced 15 places in the Global Innovation Index in 2022. Winning prizes and top ranks in international competitions...
  • The Kingdom advanced 15 ranks in the Global Innovation Index in 2022, a clear indicator of the emerging innovative era
  • Saudi Arabia’s commitment to the innovation sector includes a 2.5% GDP investment by 2040, as announced by its Crown Prince

Saudi astronauts carry out experiments aboard ISS

The mission of Saudi astronauts Rayyanah Barnawi and Ali AlQarni involves 14 pioneering experiments in microgravity to further space and...
  • The space mission of Saudi astronauts Rayyanah Barnawi and Ali AlQarni involves 14 pioneering experiments in microgravity to further space and scientific research
  • Their mission aligns with the goals of Saudi Vision 2030, aiming to prepare future Saudi astronauts and raise the Kingdom's stature in space research and development

Musk secures approval for direct brain-computer interface technology

Neuralink said clearance from the US Food and Drug Administration (FDA) for its first in-human clinical study is "an important...
  • The aim of Neuralink implants is to enable human brains to communicate directly with computers, the Tesla boss said
  • Elon Musk said the company would try to use the implants to restore vision and mobility in humans who had lost such abilities

Saudi astronauts at ISS make amateur Radio Contact with students in kingdom

Riyadh, Saudi Arabia - Saudi astronauts Rayyanah Barnawi and Ali Al-Qarni have used the Amateur Radio on board the International...
  • The call, made in coordination with the Saudi Space Commission (SSC), aimed at raising students’ awareness about space sciences and technology
  • Barnawi and Al-Qarni answered students’ questions which were centred around life in space and the daily routine on board the ISS

Humans must stay in control of AI, European trade union chief warns

BERLIN, GERMANY — No employee should be “subject to the will of a machine”, European trade union chief Esther Lynch...
  • In the same way that EU treaties protect health and safety in the workplace, rules are needed to guarantee “the human-in-control principle” when it comes to AI, Lynch said.
  • Lynch, general secretary of the European Trade Union Confederation since last December, will head the four-day ETUC Congress that kicks off in the German capital.

End of COVID-19 emergency doesn’t end its threat

“The threat of another variant emerging that causes new surges of disease and death remains, and the threat of another...
  • WHO Director-General Tedros Adhanom Ghebreyesus warns of potential future surges from new variants and the emergence of deadlier pathogens
  • The global health body chief also stresses the importance of readiness for future pandemics with decisive, collective, and equitable responses

Soaring success: First Saudi astronauts reach space

A SpaceX capsule carrying two Saudi astronauts docked with the International Space Station on Monday, as part of a private...
  • Rayyanah Barnawi, a breast cancer researcher, becomes first Saudi woman in space, joined by Ali Al-Qarni, a Saudi fighter pilot as Axiom Mission 2 begins
  • The space team -- which includes former NASA astronaut Peggy Whitson and businessman John Shoffner -- will carry out 20 experiments on the ISS

Environment ministry reclassifies 64 air quality monitoring stations in UAE

DUBAI, UAE -  As part of the Year of Sustainability initiative, UAE Ministry of Climate Change and Environment (MOCCAE) has...
  • The reclassification is consistent with the UAE's commitment to upholding the highest environmental and climate standards.
  • All government entities involved in managing and operating air quality monitoring stations cooperated in reclassifying 64 stations.

Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...
  • Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"
  • He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

IBM claims ‘real world’ edge in quantum computing race

San Francisco, United States -- Technology veteran IBM on Tuesday laid out a plan to have a "practical" quantum computer...

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Musk says patient moves cursor with brain implant

The Neuralink startup, cofounded by Musk in 2016, aims to build direct communication channels between the brain and computers. The...

What to know about the NASA-funded commercial Moon fleet

Washington, United States - The year 2024 promises to be a busy one for American Moon landings, all under a new...

US private firm targets moon landing

Intuitive Machines, the Houston company, hopes to become the first non-government entity to achieve a soft touchdown on the Moon.

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Japanese lander disabled again but could restart after two weeks

Tokyo, Japan - After a brief awakening, Japan's Moon lander is out of action again but will resume its mission if...
  • 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 this week and carried out scientific observations of a crater with its high-spec camera.

KACST, ACWA Power sign pact

The aim is to develop technologies for clean energy.
  • The center will conduct studies, scientific research, and work to attain technical development in clean energy and water sector.
  • It will also work in developing solar energy technologies, energy storage technologies to support future energy networks.

‘Game changer’: Gene therapy offers hope for children born deaf

Paris, France - A gene therapy that has allowed several children born deaf to hear for the first time is being...
  • Several medical teams around the world are trialling the procedure, which focuses on a rare genetic mutation that affects only a small number of the 26 million people
  • On Tuesday, the Children's Hospital of Philadelphia revealed that 11-year-old Aissam Dam, who was born deaf, was now "literally hearing sound for the first time in his life."