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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Unesco recognizes Saudi marine sanctuary

    The UN body has registered the Farasan Island Marine Sanctuary in its Man and Biosphere Program.

    The Farasan Islands are said to support the largest population of idmi gazelle in Saudi Arabia

    They also have high concentrations of greater flamingo, pink-backed pelican, Eurasian spoonbill, and osprey

  • SpaceX sends all-civilian crew into orbit

    Unlike previous missions, there will be no experienced or officially trained astronaut onboard. The SpaceX launch is the first of...

    The Falcon 9 rocket blasted off on Wednesday night from the Kennedy Space Center in Florida.

    The four space tourists will orbit the Earth for three days in a fully automated Crew Dragon capsule that has been specially designed for this journey.

  • Bioscience firm to bring back extinct woolly mammoth

    New company Colossal, capitalizing on a partnership with a Harvard geneticist, said its species "de-extinction" effort has the potential to...

    Woolly mammoths roamed much of the Arctic, and co-existed with early humans

    For decades, scientists have been trying to sequence the mammoth's DNA

  • UAE launches competition to promote space-related careers

    The competition, called Planet X, has been launched by Emirates Mars Mission in partnership with the Dubai Airshow 2021.

    The multidisciplinary contest is expected to help young Emiratis interested in science, technology, engineering, and mathematics

    As part of the two-month contest, they will have to build, code, and design robots for deep-space exploration

  • Saudi mega power plant still seeking takers

    The Ras Al Khair plant produces 1.05 million cu m of desalinated water per day and generates 2.65 GW of...

    Saudi Arabia was planning to sell 60 percent stake in the Ras Al Khair plant and raise $2 billion

    However, bidders backed out after considering several factors, including the plant’s age and its waning technology

  • Mars rocks boost case for ancient life

    The six-wheeled robot collected its first sample, dubbed "Montdenier" on September 6, and its second, "Montagnac" from the same rock...

    The six-wheeled robot collected its first sample, dubbed "Montdenier" on September 6, and its second, "Montagnac" from the same rock on September 8

    Both samples, slightly wider than a pencil in diameter and about six centimeters long, are now stored in sealed tubes in the rover's interior.

  • GCC in hot pursuit of 2050 emission goals

    The GCC nations are looking at the $500-billion market for Green Hydrogen by 2050, but will it be enough?

    IRENA says GCC countries need to invest up to $148 billion each year until 2050 to meet the goals of the Paris agreement

    DNV expects clean-energy expenditure to increase by around 70 percent between 2019 and 2030 to $1.9tn

  • Saudi institute invests $500,000 to research farming in space

    The equity investment was reportedly a part of Interstellar Lab's latest $3-million seed round.

    The non-profit FII Institute has made the investment in the French firm Interstellar Lab

    The Paris-based firm designs closed-loop bio domes for sustaining life on Earth, the moon, and Mars

  • AstraZeneca: Nerve disorder a rare side effect

    The European Medicines Agency has listed the neurological disorder Guillain-Barre syndrome, which can cause temporary paralysis, as a "very rare"...

    Guillain-Barre Syndrome was a "very rare" side effect, occurring in under one in 10,000 people

    The disorder is a nerve inflammation that may cause temporary paralysis and difficulty breathing

  • Aramco to partner with Aveva for sustainability

    Aramco, with this partnership, will focus on driving sustainability in the region through digital transformation.

    The partnership will help Aveva establish its largest digital hub, with R&D capability, in the Middle East

    It will also enrich Saudi Arabia’s knowledge economy by incorporating research from prominent universities across the kingdom

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