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Roche to buy Poseida Therapeutics

The $1.5 billion deal is due to close in early 2025.

BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Saudi Crown Prince unveils designs for futuristic city The Line

Crown Prince Mohammed bin Salman bin Abdulaziz, and Chairman of the NEOM Board of Directors, Monday announced the designs of...
  • THE LINE is a civilizational revolution that puts humans first, providing an unprecedented urban living experience while preserving the surrounding nature
  • The designs of THE LINE embody how urban communities will be in the future in an environment free from roads, cars and emissions

Testing of Barakah Nuclear Plant’s last unit successful

The Emirates Nuclear Energy Corporation has successfully completed the Hot Functional Testing on Unit Four, the last of its four...
  • Emirates Nuclear Energy Corporation successfully completes Hot Functional Testing on the last of its four units of Barakah Nuclear Energy Plant
  • Results demonstrate that all systems perform in accordance with the highest quality and safety standards under normal operating conditions

Saudi Arabia signs Artemis Accords for space exploration

Saudi Arabia announced joining Artemis Accords, affirming its commitment to sustainable space exploration guided by a common set of principles...
  • Saudi Arabia is the 21st country and the fourth Middle Eastern nation to join the Accords
  • Artemis relies on an international coalition to achieve a historic vision for space exploration

Webb Telescope’s images contain new insights

The James Webb Space Telescope's first images aren't just breathtaking they contain a wealth of scientific insights and clues that...
  • Webb captured the signature of water, along with previously undetected evidence of clouds, haze and regions of star formation
  • Astronomers will use Webb to delve deeper into specifics about "planetary nebulae" like these, which spew out clouds of gas and dust

James Webb Space Telescope opens its eyes on the universe

Distant galaxies, bright nebulae, and a faraway giant gas planet are among the observatory's first targets.
  • Distant galaxies, bright nebulae, and a faraway giant gas planet are among the observatory's first targets
  • NASA chief Bill Nelson has promised the "deepest image of our Universe that has ever been taken."

AI set to play key role in fight against climate change

Most of the public and private sector leaders believe that Artificial Intelligence is a valuable asset in fight against climate...
  • Most of the public and private sector leaders believe that Artificial Intelligence is valuable asset in fight against climate change but insufficient expertize remains a challenge
  • A latest Boston Consulting Group report cited the limited availability of AI solutions as a roadblock. It also pointed to lack of confidence in AI-related data

Horseshoe crab vital for vaccine safety

Their bright blue blood has been essential for testing the safety of biomedical products since the 1970s, when it replaced...
  • Around 10 percent of the population is lost each year  as their exposed undersides bake in the Sun.
  • Every year around 500,000 horseshoe crabs are harvested and bled for a chemical called Limulus Amebocyte Lysate, vital for testing against a type of bacteria.

Metaverse can contribute $4bn to UAE economy

The Dubai Metaverse Strategy anticipates that 42,000 jobs will be virtualized through the metaverse by 2030 while also improving resident...
  • The Dubai Metaverse Strategy, which was recently announced, aims to raise the metaverse sector's contribution to the UAE's economy to $4b by 2030
  • Dubai companies like Emirates, Damac and others are already betting big on this world, and many more are expected to join the pack

Saudi-Italian space agencies ink pact on cooperation

The Saudi Space Commission and the Italian Space Agency sign a memorandum of understanding for enhancing cooperation in the field...
  • Saudi Space Commission, Italian Space Agency sign an MoU to enhance cooperation in space-related activities for peaceful purpose
  • Federation of Saudi Chambers and General Confederation of Italian Industry ink an MoU to establish a joint Italian-Saudi business council

Iraq’s summer of ‘hell’ has just begun

Umm Mohammed, 74, waves a fan back and forth to cool down, but in the blistering heat of Iraq's southern...
  • While Basra is used to scorching summers, this year it has started sooner than expected, bringing misery to residents in a city also plagued by chronic electricity shortages
  • Chronic power cuts are exacerbated in the summer, and only those who can afford private generators are able to keep their fridges or air conditioning units running

NASA regains contact with mini-helicopter on Mars

Ingenuity, a drone about 1.6 feet (0.5 meters) tall, arrived on Mars in 2021 aboard the rover Perseverance and became...

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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...

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...

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...

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India launches an unmanned spacecraft to land on Moon

India launched a rocket carrying an unmanned spacecraft to land on the Moon, its second attempt to do so as...
  • "Chandrayaan-3... has begun its journey to the Moon. Health of the spacecraft is normal," the Indian Space Research Organization said on Twitter.
  • The world's most populous nation has a comparatively low-budget aerospace program that is rapidly closing in on the milestones set by global space powers.

Yahsat to invest US$100m

It is for capital expenditure of T4-NGS satellite program.
  • The program, the next-generation telecommunications system for Thuraya, is scheduled to begin operational service in H1 2025.
  • The total cost of the program is up to $550 million, including manufacturing, launch, insurance and new ground infrastructure.

Dubai Solar event to focus on research in clean energy

DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) said the MENA Solar Conference (MENA-SC) which it organizes from November 15-18...
  • Prominent experts, specialists and researchers worldwide will highlight the latest developments, technologies and scientific research in solar power.
  • The four-day conference will discuss various scientific research in the solar energy sector to accelerate the transition towards renewable and clean energy.