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SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

PIF acquires stake in Saudi Re

The acquisition was made by way of a capital increase.

ADNOC Gas awards contracts

The $2.1bn contracts are aimed at enhancing LNG supply infrastructure.

ADNOC L&S buys stake in Navig8

The company will acquire the remaining stake in mid-2027.

‘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."

Deaf boy can now hear after gene treatment

The US hospital which carried out the treatment said the milestone represents hope for patients around the world with hearing...
  • Aissam Dam was born "profoundly deaf" because of a highly rare abnormality in a single gene.
  • Aissam, who was born in Morocco and later moved to Spain, may never learn to talk, as the brain's window for acquiring speech closes around the age of five.

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...
  • NASA has lost contact with the helicopter before, including for two months last year
  • It previously said that Ingenuity had attained an altitude of 40 feet (12 meters) on Flight 72

NASA loses contact with its mini-helicopter on Mars

WASHINGTON, US - NASA has lost contact with its tiny helicopter Ingenuity during the hard-working craft's 72nd flight, the space agency...
  • In a post on X, NASA's Jet Propulsion Laboratory added that Perseverance was temporarily "out of line-of-sight with Ingenuity.
  • NASA has lost contact with the helicopter before, including for an agonizing two months last year.

Japan literary laureate admits using ChatGPT for her novel

TOKYO, JAPAN - The winner of Japan's most prestigious literary award has acknowledged that about "five percent" of her futuristic novel...
  • The 33-year-old author of Tokyo-to Dojo-to openly admitted that AI heavily influenced her writing process as well.
  • Set in a futuristic Tokyo, the book revolves around a high-rise prison tower and its architect's intolerance of criminals.

Bad day in space: Moon mission fails and NASA program delayed

Astrobotic's Peregrine Lunar Lander blasted off Monday from Florida's Cape Canaveral Space Force Station, then successfully separated from its rocket....
  • NASA has paid Astrobotic more than $100 million to ship scientific hardware to the Moon to answer questions about surface composition and radiation
  • The failure doesn't mean the strategy of ramping up commercial partnerships is innately flawed, Michael Lembeck, a former NASA official turned associate professor said

Private US lunar lander mission imperiled by technical snag

Washington, United States -- An historic private mission to land on the Moon was facing potential failure Monday due to...
  • Astrobotic's Peregrine Lunar Lander blasted off overnight from Florida's Cape Canaveral, then successfully separated from its launch vehicle around an hour later.
  • But teams at ground control found they were unable to point the unmanned spacecraft correctly at the sun.

UAE announces its participation in Nasa’s Lunar Gateway Station

Abu Dhabi, UAE - The UAE has announced its participation in developing a module on Nasa’s Lunar Gateway Station alongside...
  • The UAE will be responsible for developing the lunar space station's Crew and Science Airlock, a critical component for maintaining a safe environment for astronauts
  • This unit will act as a portal of the station, serving as the entry and exit point for missions and astronauts travelling to the Moon’s surface from the Lunar Gateway Station

India’s solar mission Aditya-L1 enters Sun’s orbit

New Delhi, India - India's solar observation mission on Saturday entered the Sun's orbit after a four-month journey, the latest success...
  • The Aditya-L1 mission was launched in September and is carrying an array of instruments to measure and observe the Sun's outermost layers.
  • The latest mission by the Indian Space Research Organization is the first by any Asian nation to be placed in orbit around the Sun.

Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’

DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered...
  • This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced technology.
  • This will pave the way for transformative changes in professional interactions between investors and businesses in Qatar.

How public-private partnerships can ensure ethical, sustainable and inclusive AI development

Public-private partnerships (PPPs) address AI bias by combining ethical guidelines with technological auditing tools. Governments set accountability frameworks, and companies...

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UAE astronauts AlMatrooshi and AlMulla graduate in space program at NASA

Dubai, UAE - The Mohammed Bin Rashid Space Centre (MBRSC) on Tuesday announced the graduation of Emirati astronauts Nora AlMatrooshi...

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...

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US lunar landing a ‘historic achievement’, says Biden

Washington, US - President Joe Biden on Saturday hailed the landing of a US spacecraft on the Moon as a historic...
  • Odysseus, which is the size of a large golf cart, is likely lying sideways on the Moon's surface as ground controllers work to download data.
  • Biden called the landing "a thrilling step forward in a new era of space exploration" enabled by cooperation between the private and public sectors.

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