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Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

UAE space sector localization: Strata Manufacturing delivers MBZ-SAT Satellite components

Abu Dhabi, UAE -- Strata Manufacturing (Strata) and Mohammed Bin Rashid Space Centre (MBRSC) have established a local satellite component...
  • Strata Manufacturing will play a vital role by supplying locally built components for MBZ-SAT, the region's high-accuracy, high-resolution imaging satellite
  • The satellite will be equipped with premium-grade aluminium honeycomb panels, ensuring resilience against extreme temperatures and radiation.

Saudi astronauts successfully complete space trip

The spacecraft successfully landed in the Atlantic Ocean, marking the Kingdom's entry into the league of a small number of...
  • The spacecraft successfully landed in the Atlantic Ocean, marking the Kingdom's entry into the league of a small number of countries conducting space science missions
  • The mission achieved the Kingdom's ambition to contribute to scientific research, to benefit from the promising opportunities offered by the global space sector and its industries

Global action needed to reduce ‘extinction risk’ from AI, say experts

A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created the ChatGPT bot, said tackling...
  • ChatGPT has demonstrated an ability to generate essays, poems and conversations from the briefest of prompts -- and sparking billions of dollars in investments.
  • Critics and insiders have raised the alarm over everything from biased algorithms to the possibility of massive job losses as AI-powered automation seeps into daily life.

Saudi astronaut concludes pioneering space research

The experiments by Barnawi, focused on understanding the behavior of immune cells in space, could lead to the prevention and...
  • The experiments, focused on understanding the behavior of immune cells in space, could lead to the prevention and early treatment of certain diseases
  • The latest initiatives reflect the Kingdom's commitment to space exploration and investment in STEM, aligning with Saudi Vision 2030

China launches mission with first civilian to space station

Shenzhou-16 is the first mission to Tiangong since it entered its "application and development" stage, authorities said. Shenzhou-16 will carry out...
  • The Shenzhou-16 crew took off atop a Long March 2F rocket from the Jiuquan Satellite Launch Centre in northwest China at 9:31 am (0131 GMT)
  • The launch was a "complete success" and the "astronauts are in good condition", said Zou Lipeng, director of the Jiuquan Satellite Launch Center

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.

Possible interstellar object zooming through Solar System: ESA

Excited astronomers are still refining their calculations, but the object appears to be zooming at a speed up to 60...

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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...

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...

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...

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American spaceship lands on moon, images expected soon

The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
  • The Houston-based company's stock price soared by 40 percent in early trading before paring back to 24 percent.
  • Intuitive Machines said Odysseus, which is the size of a large golf cart, is upright.

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...
  • Last month, Musk's neurotechnology company installed a brain implant in its first human patient and on Monday Musk reported the experiment had been a success
  • Neuralink's technology works through a device about the size of five stacked coins that is placed inside the human brain through invasive surgery

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...
  • Fourteen companies have been pre-selected to be in the running for contracts, with eight firm missions so far planned
  • Many of the companies involved are considered fledging, rather than legacy aerospace giants, reflecting the initiative's experimental nature