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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.
  • GCC looks up to stars with its space probe

    The GCC might have been a late entrant to the exclusive club of space programs, but with its deep pockets...

    The GCC governments have built a 21st-century vision of space focused on business, power, image, and control

    Saudi Arabia's space program is the only one that compares in scope and ambition to the UAE

  • Next Apple Watch could check for dehydration

    With temperatures rising globally, this could be a useful feature for users of this Apple device.

    Apple has recently been granted a patent in this regard by the US Patent and Trademark Office

    The patent shows electrodes in the watch band, through which the electrical properties of sweat will be measured

  • Saudi Arabia allots land for 600 megawatt solar plants

    Saudi Arabia is constructing two renewable energy plants as part of the kingdom’s plan to generate 50 percent of its...

    The plants will have a capacity of 600 megawatts and will be implemented in the Third Industrial City in Jeddah and the Industrial City in Rabigh

    The Ministry of Energy is working to diversify the energy mix to produce electricity, by increasing the share of gas and renewable energy sources in it

  • Elon Musk announces humanoid Tesla Bot

    Musk said the robot would be five feet and eight inches tall, and that a prototype would be ready next...

    Musk compared the current fleet of Tesla cars to “semi-sentient” beings

    He then said whatever the vehicles are capable of could well be put into humanoid form

  • Some baby bats babble like human infants

    The babbling of 20 baby bats was recorded in Costa Rica and Panama between 2015 and 2016 by a researcher...

    Saccopteryx bilineata don’t hide away in gloomy caves, but prefer to live in trees, making them easier to observe.

    One bat babbled for a full 43 minutes, a long stretch considering adult communication generally lasts but a few seconds.

  • Pfizer Covid jab declines faster than AstraZeneca: study

    The study, which has not been peer reviewed, is based on the results of a survey by Britain's Office for...

    The study, which has not been peer reviewed, is based on the results of a survey by Britain's Office for National Statistics

    Pfizer had "greater initial effectiveness" but saw "faster declines in protection against high viral burden and symptomatic infection."

  • World needs $1bn right now to vaccinate stragglers: WHO chief

    WHO chief Tedros Ghebreyesus also urged wealthy countries to suspend plans to provide booster shots.

    Global efforts to slow the delta variant of Covid-19 have been hampered by its virulent nature

    This has led to hotspots of hospitalizations and deaths in regions with low vaccination levels

  • US sanctions hamper medicine purchase, says Iran

    Iran is currently experiencing its worst wave of new Covid-19 infections, in what is the third wave of the pandemic...

    According to official figures, the seven-day average of new cases in the country was almost 40,000 on Tuesday

    Till date, Iran has seen more than 4.5 million cases of Covid-19 infections, with more than 99,000 deaths so far

  • Probiotics can save corals from effects of climate change

    A new study by King Abdullah University of Science and Technology and the Federal University of Rio de Janeiro shows...

    The scientists created a probiotic using microbes derived from the coral itself, selecting strains with traits deemed likeliest to boost resilience

    Probiotics increased the stability and survivorship in the algae-coral host relationship by more than 40%

  • US to announce Covid vaccine booster campaign

    US officials are considering whether a third dose should be the same type of vaccine as a person's first two

    The move could be announced as early as this week, The New York Times reported

    US officials are considering whether a third dose should be the same type of vaccine as a person's first two

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