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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.
  • Humans must stay in control of AI, European trade union chief warns

    BERLIN, GERMANY — No employee should be “subject to the will of a machine”, European trade union chief Esther Lynch...

    In the same way that EU treaties protect health and safety in the workplace, rules are needed to guarantee “the human-in-control principle” when it comes to AI, Lynch said.

    Lynch, general secretary of the European Trade Union Confederation since last December, will head the four-day ETUC Congress that kicks off in the German capital.

  • End of COVID-19 emergency doesn’t end its threat

    “The threat of another variant emerging that causes new surges of disease and death remains, and the threat of another...

    WHO Director-General Tedros Adhanom Ghebreyesus warns of potential future surges from new variants and the emergence of deadlier pathogens

    The global health body chief also stresses the importance of readiness for future pandemics with decisive, collective, and equitable responses

  • 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

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