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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.

NYUAD and Dolphin Energy sign agreement to boost research into climate change

Abu Dhabi, UAE--A unique national capacity-building fellowship model offering outstanding Emirati graduates the opportunity to gain experience in a cutting-edge...

Saudi team discovers genetic disorder, names it Alfadhel syndrome

RIYADH, SAUDI ARABIA - A team of Saudi researchers from King Abdullah Children's Specialist Hospital (KACSH) and King Abdullah International...
  • This disorder has been named Alfadhel Syndrome, after Professor Majid Alfadhel, the leader of the research team.
  • The syndrome has gained official recognition and listing in the OMIM database, operated by Johns Hopkins University.

SpaceX launches secretive US military spacecraft on research mission

The Pentagon has released little information about the space drone and its mission, which was initially scheduled for December 7,...
  • The rocket launched from NASA's Kennedy Space Center in Florida at 8:07 pm Eastern Time (0107 GMT Friday)
  • It is unclear where exactly the uncrewed and autonomously operating spacecraft is headed on its seventh mission

Artists utilize technology against AI copycats

NEW YORK, US - Artists under siege by artificial intelligence (AI) that studies their work, then replicates their styles, have teamed...
  • Created in just four months, Glaze spun off technology used to disrupt facial recognition systems.
  • Glaze essentially outthinks AI models when it comes to how they train, tweaking pixels in ways indiscernible by human viewers

Jeff Bezos’ Blue Origin sets new launch attempt for Tuesday

The company finally announced a December 18 launch from its base near Van Horn, Texas. But on the day itself...
  • Jeff Bezos' space company has not launched a rocket since an uncrewed September 2022 crash placed its program on hold while it carried out fixes and awaited regulatory approval
  • Though the rocket will carry a payload of science experiments, not people, mission NS-24 must succeed before Blue Origin can return to taking thrill-seekers to final frontier

The feline frontier: NASA sends cat video from deep space

The video was beamed to Earth using a laser transceiver on the Psyche probe, which is journeying to the main...
  • The 15-second meow-vie featuring an orange tabby named Taters is the first to be streamed from deep space
  • The encoded near-infrared signal was received by the Hale Telescope at Caltech's Palomar Observatory in San Diego County

Native oysters making a return to Belfast after over a century’s absence

BELFAST, UK - Long gone from Belfast's famed harbor where the Titanic was built, oysters are making a comeback thanks to...
  • Until the early 1900s, the Belfast Lough channel was home to large oyster reefs but overfishing, disease and pollution decimated the population.
  • Extensive native oyster beds were abundant in European seas and humans have been harvesting them since the Stone Age.

Red Sea Global, VAARST join hands for marine ecosystem mapping

TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the regenerative tourism destinations, is piloting SubSLAM, an...
  • VAARST’s photogrammetry and real-time intelligent data collection system are transforming how underwater ecosystems are mapped and preserved.
  • SubSLAM, developed by VAARST, enables precise quantification and identification of corals and underwater objects using advanced 4K sensors.

Vaping: lighting up, stubbing out

Developed in 2003 by the Chinese pharmacist Hon Lik, concerns are growing over the risk of teens becoming hooked on...
  • The birth of vaping comes in the year that Ireland bans smoking in workplaces, including pubs and restaurants, sparking a global clampdown on smoking indoors.
  • Many doctors welcome the devices, which are tar-free, as a potential lifesaver in the fight against cancer, heart disease, strokes and other diseases.

Saudi Space Agency, US Sierra Space partner to develop national capabilities

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) signed a memorandum of understanding (MoU) with Sierra Space, a leading...
  • The memorandum was signed by SSA CEO, Dr Mohammed bin Saud Al-Tamimi, and Sierra Space CEO, Tom Vice
  • The signing ceremony was attended by the Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawaha

Europe’s largest nuclear reactor malfunctions again

Helsinki, Finland - Finland's Olkiluoto 3, the largest nuclear reactor in Europe, stopped production on Wednesday after a test caused the plant unit...
  • Before production was interrupted at 1:35 pm (1135 GMT), Olkiluoto 3 was undergoing a fault ride-through test where a short circuit is created near the power plant
  • The reactor only resumed production last Wednesday following a shutdown due to a malfunctioning temperature measurement in the generator's cooling system

Nobel-winning physicist ‘unnerved’ by AI technology he helped create

Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence...

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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...

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...

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...

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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

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.
  • The hexagonal-shaped Nova-C lander named "Odysseus" had been set to blast off on top of a SpaceX Falcon 9 rocket from the Kennedy Space Center in Florida
  • But NASA said the launch was postponed due to "off-nominal methane temperatures prior to stepping into methane load," according to a post on social media platform X

World’s biggest flying lab comes to Asia on air pollution mission

Clark, Philippines - NASA has kicked off a series of marathon flights in Asia with the world's biggest flying laboratory, in...
  • Starting this week in the Philippines, the US agency's DC-8 is flying for up to eight hours at a time, sometimes just 50 feet from the ground, to swoop up air particles for study.
  • Millions of deaths each year are linked to air pollution, and improving the ability to identify its sources and behavior can lead to more accurate warning systems for the public.