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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Living near green space makes you 2.5 years younger: study

Washington, United States - City parks and green spaces help counter heat, boost biodiversity, and instill a sense of calm in...
  • Kyeezu Kim and colleagues followed more than 900 white and Black people from four American cities --over a period of 20 years, from 1986-2006
  • Black people with more access to green space were only one year biologically younger, while white people were three years younger

New WEF report reveals technologies to impact world in the next five years

TIANJIN, CHINA -  The World Economic Forum on Tuesday announced its annual list of breakthrough technologies with the greatest potential...
  • The new technologies include flexible batteries, generative AI and sustainable aviation fuel.
  • These would be disruptive, attractive to investors, researchers, and achieve considerable scale within five years.

FANR highlights cybersecurity framework of Barakah nuclear plant in meeting

VIENNA, AUSTRIA - The Federal Authority for Nuclear Regulation (FANR) is taking part in an international conference organized by the...
  • In the event participants from 94 countries and seven global organizations discuss measures to protect against cyber-attacks on nuclear facilities.
  • UAE's nuclear regulation body has carried out regular inspections of Barakah Power Plant and observed exercises to test the efficacy of cybersecurity plans.

Saudi astronauts Rayana Bernawi, Ali Al-Qarni, Mariam Fardous, Ali Al-Ghamdi return home

Riyadh, Saudi Arabia – The Saudi astronauts Rayana Bernawi, Ali Al-Qarni, Mariam Fardous, and Ali Al-Ghamdi arrived in Riyadh today...
  • Saudi astronauts Rayana Bernawi and Ali Al-Qarni returned to earth on May 31 from the ISS, where they conducted 14 research experiments on microgravity
  • Al Qarni undertook an experiment on cloud seeding, wherein he combined salt crystals with moist air within a controlled environment

Next ‘A Call From Space’ event with Sultan Alneyadi being held In Ras Al Khaimah

Dubai, UAE - The next edition of ‘A Call from Space’, an exclusive event featuring Emirati astronaut Sultan AlNeyadi is...
  • The event will provide attendees from schools, universities and government entities the opportunity to interact live with AlNeyadi
  • AlNeyadi has been on the ISS for more than three months now, marking a significant milestone in Arab space exploration

UAE highlights efforts in space sector at UN committee meet

ABU DHABI,  UAE - A high-level UAE delegation at the 66th session of the United Nations Committee on the Peaceful...
  • The UAE highlighted the significance of the peaceful use of outer space, acknowledging the right of all member states to develop their capabilities.
  • The UAE also focused on the importance of international collaboration to ensure space technologies benefit humanity in times of disaster.

How chocolate could counter climate change

Biochar, a substance produced by heating the cocoa husks in oxygen-free environment, could be used to capture 2.6 billion of...
  • While the biochar industry is still in its infancy, the technology offers a novel way to remove carbon from the Earth's atmosphere, experts say.
  • Across Europe, biochar projects have begun to multiply. The biochar industry federation says production is set to almost double to 90,000 tons this year compared with 2022.

UAE space sector localization: Strata Manufacturing delivers MBZ-SAT Satellite components

Abu Dhabi, UAE -- Strata Manufacturing (Strata) and Mohammed Bin Rashid Space Centre (MBRSC) have established a local satellite component...
  • Strata Manufacturing will play a vital role by supplying locally built components for MBZ-SAT, the region's high-accuracy, high-resolution imaging satellite
  • The satellite will be equipped with premium-grade aluminium honeycomb panels, ensuring resilience against extreme temperatures and radiation.

Saudi astronauts successfully complete space trip

The spacecraft successfully landed in the Atlantic Ocean, marking the Kingdom's entry into the league of a small number of...
  • The spacecraft successfully landed in the Atlantic Ocean, marking the Kingdom's entry into the league of a small number of countries conducting space science missions
  • The mission achieved the Kingdom's ambition to contribute to scientific research, to benefit from the promising opportunities offered by the global space sector and its industries

Global action needed to reduce ‘extinction risk’ from AI, say experts

A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created the ChatGPT bot, said tackling...
  • ChatGPT has demonstrated an ability to generate essays, poems and conversations from the briefest of prompts -- and sparking billions of dollars in investments.
  • Critics and insiders have raised the alarm over everything from biased algorithms to the possibility of massive job losses as AI-powered automation seeps into daily life.

Two lunar landings in a week for NASA’s private Moon fleet

Washington, United States -- More than fifty years passed between the last Apollo mission and the United States' return to...

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NASA loses contact with its mini-helicopter on Mars

WASHINGTON, US - NASA has lost contact with its tiny helicopter Ingenuity during the hard-working craft's 72nd flight, the space agency...

Japan literary laureate admits using ChatGPT for her novel

TOKYO, JAPAN - The winner of Japan's most prestigious literary award has acknowledged that about "five percent" of her futuristic novel...

Bad day in space: Moon mission fails and NASA program delayed

Astrobotic's Peregrine Lunar Lander blasted off Monday from Florida's Cape Canaveral Space Force Station, then successfully separated from its rocket....

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UAE announces its participation in Nasa’s Lunar Gateway Station

Abu Dhabi, UAE - The UAE has announced its participation in developing a module on Nasa’s Lunar Gateway Station alongside...
  • The UAE will be responsible for developing the lunar space station's Crew and Science Airlock, a critical component for maintaining a safe environment for astronauts
  • This unit will act as a portal of the station, serving as the entry and exit point for missions and astronauts travelling to the Moon’s surface from the Lunar Gateway Station

India’s solar mission Aditya-L1 enters Sun’s orbit

New Delhi, India - India's solar observation mission on Saturday entered the Sun's orbit after a four-month journey, the latest success...
  • The Aditya-L1 mission was launched in September and is carrying an array of instruments to measure and observe the Sun's outermost layers.
  • The latest mission by the Indian Space Research Organization is the first by any Asian nation to be placed in orbit around the Sun.

Invest Qatar launches azure open AI GPT-powered chatbot ‘Ai.SHA’

DOHA, QATAR - The Investment Promotion Agency Qatar (Invest Qatar) has partnered with Microsoft to develop Ai.SHA, an innovative AI-powered...
  • This initiative positions Invest Qatar as one of the first investment promotion agencies (IPA) in the world to adopt advanced technology.
  • This will pave the way for transformative changes in professional interactions between investors and businesses in Qatar.