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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.
  • Soaring success: First Saudi astronauts reach space

    A SpaceX capsule carrying two Saudi astronauts docked with the International Space Station on Monday, as part of a private...

    Rayyanah Barnawi, a breast cancer researcher, becomes first Saudi woman in space, joined by Ali Al-Qarni, a Saudi fighter pilot as Axiom Mission 2 begins

    The space team -- which includes former NASA astronaut Peggy Whitson and businessman John Shoffner -- will carry out 20 experiments on the ISS

  • Environment ministry reclassifies 64 air quality monitoring stations in UAE

    DUBAI, UAE -  As part of the Year of Sustainability initiative, UAE Ministry of Climate Change and Environment (MOCCAE) has...

    The reclassification is consistent with the UAE's commitment to upholding the highest environmental and climate standards.

    All government entities involved in managing and operating air quality monitoring stations cooperated in reclassifying 64 stations.

  • Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

    Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...

    Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"

    He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

  • Saudi astronauts to conduct 11 experiments at Space Station

    Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...

    Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom

    The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

  • Barnawi’s voyage: First Saudi female astronaut carries dreams of Arab women to space

    Two astronauts, Barnawi and Ali Al-Qarni, said that they are fully prepared for their upcoming scientific mission to the International...

    Two astronauts said that they are fully prepared for their upcoming scientific mission to the International Space Station (ISS) which is scheduled on May 21

    Ali Al-Qarni, a pilot in the Saudi Air Force, said that his scientific knowledge would allow him to work on the cloud-seeding experiment in space

  • UAE sees 20 percent decrease in nitrogen oxide emissions: study

    Dubai, UAE-- The UAE has witnessed a 20 percent drop in nitrogen oxide emissions from power generation activities, according to...

    The findings of the study corresponds with the "National Air Quality Agenda 2031," introduced by the Ministry of Climate Change and Environment

    The UAE aims to lower pollution, improve air quality, foster a safe and healthy environment, and enhance the overall quality of life

  • ‘Super-sized’ cosmic explosion dwarfs solar system

    Astronomers have observed a fireball 100 times the size of our solar system that suddenly began blazing in the distant...

    The explosion is not the brightest flash ever observed in the universe and that record is still held by a gamma-ray burst in October that was nicknamed BOAT

    The only somewhat comparable bright cosmic event is a quasar, when supermassive black holes swallow huge amounts of gas in the centre of galaxies

  • Rise of ChatGPT: GCC might lose 10 million jobs in 5 years

    Its transformative power to reshape life has left people awestruck across the world, but the technology that powers ChatGPT might...

    According to a Goldman Sachs economist, more than 65 percent of occupations will be partially or fully automated in the coming years

    Critics of generative artificial intelligence that powers chatbots argue that it can never be able to replace the genius of human mind

  • ‘US needs $30bn to seal 14,000 unplugged offshore oil, gas wells’

    The cost to secure thousands of inactive oil and gas wells in the US Gulf of Mexico could top $30...

    The authors of the study said both taxpayers and fossil fuel giants would likely be liable for the costs of plugging and abandoning the wells.

    The process includes encasing the opening in concrete to stop oil and the potent greenhouse gas methane from leaking out.

  • Natural capital, conservation should be priority for private sector in region

    DUBAI, UAE -  The private sector and financial institutions in the Middle East should enhance reporting by including information about how...

    The report indicates that almost half of the Middle East's GDP is either highly or moderately dependent on the environment.

    Middle East faces a number of environmental challenges specific to the region, including scarce water resources and desertification.

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