Scientists on Thursday provided the first look at the monster lurking at the center of our Milky Way galaxy, unveiling an image of a supermassive black hole that devours any matter wandering within its gargantuan gravitational pull. The black hole — called Sagittarius A*, or SgrA* — is only the second one ever to be […]
UAE-based Damac and Saudi's Neom have announced metaverse projects
The National Mining Committee is carrying out a survey to measure the industrial sector’s need to use natural gas in the manufacturing process
According to a filing on the US Securities and Exchange Commission, the Qatar Investment Authority's subsidiary is contributing $375 million
Bank’s capital set to rise 60% following bonus issue
OPEC member Kuwait has invited five Western companies to bid for preparing a feasibility study for a petrochemical project in the Gulf emirate. The state-owned Petrochemical Industries Company (PIC) has asked the firms to submit their bids on May 17 and invited them for a meeting on May 9 to brief them on the project, […]
Saudi Arabia-based Islamic Development Bank (IsDB) has listed a $1.6 billion sukuk on Nasdaq Dubai. A first for IsDB this year, the new listing brings the total value of sukuk listed in Dubai to $77.5 billion and strengthens the emirate’s status as one of the largest listing centres globally, Nasdaq said on Friday. Proceeds of […]
RIYADH: Saudi Arabia’s real Gross Domestic Product rose by 9.6 percent in the first three months of 2022 compared to the same period last year, according to flash estimates by the General Authority for Statistics, also known as GASTAT. Real GDP in Saudi Arabia, the biggest oil producer in the Organization of the Petroleum Exporting Countries and the […]
The United Arab Emirates’ Mars mission (EMM) has identified a mysterious-looking aurora in the planet’s atmosphere that has opened up various avenues to further explore the newly found phenomena, the Emirates news agency WAM reported on Wednesday. Experts are dubbing the occurrence “sinuous discrete aurora” and described it as “a huge worm-like aurora” that extends […]
Saudi Tourism Authority seeks to amplify tourism experience for travelers using Emirates’ global network
