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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.

Sono Motors, German start-up, to roll out solar car next year

The Sion, a five-person family car covered completely in solar panels, should enter into serial production in the second half...
  • The car, which boasts a battery range of 305 kilometers, is aimed at families as well as car sharing services
  • The large black Sion hatchbacks are covered with 456 solar cells which allow it to generate on average enough electricity over a week to power the car 112 kilometers

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

Saudi Space Agency launches ‘Space Futures Centre’

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) announced Sunday the launch of the Centre for Space Futures, the...

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UAE and Russia look to boost ties in education, space, scientific research

Moscow, Russia--The UAE and Russia are looking to strengthen the bilateral cooperation in higher education, scientific research, space, and engineering...

NASA to publish long-awaited UFO report

An independent team of 16 researchers shared their preliminary observations in May, finding that existing data and eyewitness reports are...

ChatGPT diagnoses ER patients ‘like a doctor’

During a study in Netherlands, the chatbot outperformed doctors in some cases. At the same time, it showed some limitations.

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Lab-grown human ’embryos’ offer new research hope

The research and other recent work shows "that models of human embryos are getting more sophisticated and closer to events...
  • Earlier this year, several labs around the world released pre-print studies that had not been peer-reviewed, describing their development of early human embryo-like structures
  • The research was welcomed by some scientists as an "impressive" advance that could help unlock secrets about the precarious early stages of pregnancies, when failure is most common

Sultan AlNeyadi is back but his mission will continue, says MBRSC

According to MBRSC, Sultan AlNeyadi will continue his mission in order to benefit from the scientific experiments that he took...
  • Once the spacecraft splashed down, the astronauts were carried out of the capsule and placed in a gurney-type transport
  • Being the first Arab astronaut to do a spacewalk, Al Neyadi was seen smiling and waving to the camera after leaving the capsule

Research finds link in the brain to explain obesity

Washington, US - A new scientific research has identified the link between memory and appetite in the human brain to...
  • The research shows that individuals with obesity have poor connections between the dorsolateral hippocampus (dlHPC) and the lateral hypothalamus (LH)
  • The dlHPC is located in the 'memory process' region of the brain, and the LH is in the region of the brain called 'homeostasis'