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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.

Copenhagen’s frozen library of ancient ice tells tales of climate’s past

Copenhagen, Denmark - How was the air breathed by Caesar or Christopher Columbus? A giant freezer in Copenhagen holds the answers,...
  • The Ice Core Archive, housing 25 kilometers (15 miles) of ice collected primarily from Greenland, is helping scientists understand changes in the climate
  • The most recent ones date from this summer, when scientists hit the bedrock on eastern Greenland at a depth of 2.6 kilometers, gathering the oldest ice possible

Progress in Starship test launch, but ship and booster explode

"Such an incredibly successful day," a SpaceX announcer said. "Even though we did have a… rapid unscheduled disassembly of both...
  • Unlike the previous such attempt in April, the booster rocket separated successfully from the mega ship, but then blew up, followed shortly by the spaceship itself
  • Bill Nelson, head of the NASA space agency, which is awaiting a modified version of Starship to land humans on the Moon, said Saturday's attempt showed progress.

Bayanat, Yahsat, ICEYE increase Middle East satellite fleet to 7

Abu Dhabi, UAE – Bayanat, a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company (Yahsat), the...
  • The expansion of the constellation means that orbiting satellites will revisit the Middle East more frequently
  • Using radar signals rather than light, the SAR satellite images deliver persistent monitoring of specific locations on the Earth’s surface

Dubai witnesses green transit revolution

Dubai is actively implementing climate adaptation strategies and technologies in transportation and infrastructure to mitigate climate change effects and enhance...
  • By the end of the decade, the emirate aims to have 10% of public buses run on hydrogen or electric powered, ramping up to 20% by 2035, 40% by 2040, 80% by 2045
  • According to Sandalkhan, of BCG, Dubai aims to set a global standard in eco-friendly transportation and RTA's 2050 Zero-Emissions plan reflects that ambition

Elusive echidna rediscovered in Indonesia

The Zaglossus attenboroughi, a kind of long-beaked echidna named for famed British naturalist David Attenborough, had last been seen in...
  • The Attenborough long-beaked echidna has never been recorded outside the extremely remote Cyclops Mountains of Indonesia's Papua region.
  • In addition to the rediscovered echidna, the team found a kind of honeyeater bird not recorded since 2008, and a slew of underground species that are new to science.

European Euclid space telescope unveils first images

Darmstadt, Germany - The first images from Europe's Euclid space telescope were released on Tuesday, showing a nebula resembling a horse's...
  • Euclid blasted off in July on the world's first-ever mission aiming to investigate the enduring cosmic mysteries of dark matter and dark energy.
  • The first five images were unveiled during a press conference at the European Space Operations Centre in Darmstadt, Germany.

Robot maker dreams of turning sci-fi into reality

Ryo Yoshida's monster-sized drivable robot is hard to park and the $3-million price tag will crush most wallets.
  • An imposing 14.7 feet high and weighing 7,716 pounds, "Archax" can be moved and operated by a pilot who clambers up to the high-tech cockpit.
  • When manoeuvered in the vehicle mode, "Archax" is capable of moving at 10 kilometers (six miles) per hour, according to the company.

Error-prone AI chatbot dog leads Japan’s elderly astray

Tokyo, Japan - A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is...
  • Powered by generative artificial intelligence, "Dai-chan" was this year launched by Osaka authorities who called it the first of its kind in Japan
  • But the chatbot, which features a Shiba Inu cartoon dog and answers in the Osaka dialect, has shown itself far from faithful to the truth

Swedish researchers find snoozing in the morning isn’t bad

Stockholm, Sweden - You snooze, you lose? Swedish researchers said Wednesday that might not be the case, after their study even...
  • Researchers at Stockholm University found that in general younger people were the ones snoozing and they were to a high degree night owls.
  • In a second study, the researchers found that most of the respondents who snoozed for half an hour managed to get a lot of sleep during that half hour even though it was disturbed.

NASA to unveil first images of historic asteroid sample

OSIRIS-REx wasn't the first mission to rendezvous with an asteroid and bring back samples for study -- Japan succeeded in...
  • The OSIRIS-REx mission collected rock and dust from the asteroid Bennu in 2020, and a capsule containing the precious cargo successfully returned to Earth
  • The space agency will hold a live streamed news conference at 11:00 am Eastern Time (1500 GMT) to share photographs and preliminary scientific analysis

Imam Turki bin Abdullah Royal Reserve: A hub for over 40,000 beehives

The reserve is a sanctuary for plant life, home to over 180 recorded species, making up 7.5 percent of the...

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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...

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...

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.

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Japanese lander disabled again but could restart after two weeks

Tokyo, Japan - After a brief awakening, Japan's Moon lander is out of action again but will resume its mission if...
  • The unmanned Smart Lander for Investigating Moon (SLIM) touched down last month at a wonky angle that left its solar panels facing the wrong way.
  • As the sun's angle shifted, it came back to life for two days this week and carried out scientific observations of a crater with its high-spec camera.

KACST, ACWA Power sign pact

The aim is to develop technologies for clean energy.
  • The center will conduct studies, scientific research, and work to attain technical development in clean energy and water sector.
  • It will also work in developing solar energy technologies, energy storage technologies to support future energy networks.

‘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."