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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

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

‘US needs $30bn to seal 14,000 unplugged offshore oil, gas wells’

The cost to secure thousands of inactive oil and gas wells in the US Gulf of Mexico could top $30...
  • The authors of the study said both taxpayers and fossil fuel giants would likely be liable for the costs of plugging and abandoning the wells.
  • The process includes encasing the opening in concrete to stop oil and the potent greenhouse gas methane from leaking out.

Natural capital, conservation should be priority for private sector in region

DUBAI, UAE -  The private sector and financial institutions in the Middle East should enhance reporting by including information about how...
  • The report indicates that almost half of the Middle East's GDP is either highly or moderately dependent on the environment.
  • Middle East faces a number of environmental challenges specific to the region, including scarce water resources and desertification.

NASA sends two small satellites into orbit to track hurricanes

A second Rocket Lab-built vessel is due to launch in about two weeks carrying two more satellites to complete a...
  • The new storm trackers, sent into orbit on a rocket built by US company Rocket Lab, can fly over hurricanes every hour, compared to every six hours with current satellites
  • Researchers will be able to see storms evolve on an hourly basis, said NASA scientist Will McCarty at a press conference for the first launch of the TROPICS mission

UAE astronaut, others relocate SpaceX Dragon on ISS

The relocation of the spacecraft was supported by the Mission Control Centre at NASA’s Johnson Space Centre in Houston, SpaceX...
  • The relocation of the spacecraft was supported by the Mission Control Centre at NASA’s Johnson Space Centre in Houston, SpaceX in California, and monitored by the MBRSC team
  • The successful completion of the important mission marks a new accomplishment for Expedition 69 and advances scientific endeavors on the space station

Regional cooperation vital to address climate change

“The recent, intense weather events in Central and West Asia show that we need to take urgent, collective action. Countries...
  • Urgent, collective action to address the severe impacts of climate change in Central and West Asia and its neighboring countries, says ADB Director General for the region
  • Climate change may have severe impacts in the region, including greater water scarcity, expanded desertification, and more extreme weather events like floods and drought

UAE astronaut AlNeyadi to join docking port relocation mission

This will be the third port relocation of a Dragon crew spacecraft, following previous relocations during the Crew-1 and Crew-2...
  • AlNeyadi will take part in the mission along with NASA astronauts Stephen Bowen and Woody Hoburg and Roscosmos cosmonaut Andrey Fedyaev.
  • The relocation is supported by the Mission Control Centre at NASA’s Johnson Space Centre in Houston and SpaceX in Hawthorne, California.

Sharjah okays Genetic Coding Program to classify emirate’s biodiversity

Sharjah, UAE - The Sharjah Executive Council (SEC) approved Tuesday the "Genetic Coding Programme" project to classify biodiversity in Sharjah,...
  • The project aims to create a unified database of genetic coding for the types of living organisms, harness labs to determine the identity of living organisms at the DNA level.
  • Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the SEC approved the program.

Imam Turki bin Abdullah Royal Reserve: A hub for over 40,000 beehives

The reserve is a sanctuary for plant life, home to over 180 recorded species, making up 7.5 percent of the...

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Artists utilize technology against AI copycats

NEW YORK, US - Artists under siege by artificial intelligence (AI) that studies their work, then replicates their styles, have teamed...

Jeff Bezos’ Blue Origin sets new launch attempt for Tuesday

The company finally announced a December 18 launch from its base near Van Horn, Texas. But on the day itself...

The feline frontier: NASA sends cat video from deep space

The video was beamed to Earth using a laser transceiver on the Psyche probe, which is journeying to the main...

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Red Sea Global, VAARST join hands for marine ecosystem mapping

TABUK, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the regenerative tourism destinations, is piloting SubSLAM, an...
  • VAARST’s photogrammetry and real-time intelligent data collection system are transforming how underwater ecosystems are mapped and preserved.
  • SubSLAM, developed by VAARST, enables precise quantification and identification of corals and underwater objects using advanced 4K sensors.

Vaping: lighting up, stubbing out

Developed in 2003 by the Chinese pharmacist Hon Lik, concerns are growing over the risk of teens becoming hooked on...
  • The birth of vaping comes in the year that Ireland bans smoking in workplaces, including pubs and restaurants, sparking a global clampdown on smoking indoors.
  • Many doctors welcome the devices, which are tar-free, as a potential lifesaver in the fight against cancer, heart disease, strokes and other diseases.

Saudi Space Agency, US Sierra Space partner to develop national capabilities

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) signed a memorandum of understanding (MoU) with Sierra Space, a leading...
  • The memorandum was signed by SSA CEO, Dr Mohammed bin Saud Al-Tamimi, and Sierra Space CEO, Tom Vice
  • The signing ceremony was attended by the Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawaha