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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.

Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...
  • Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"
  • He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

Barnawi’s voyage: First Saudi female astronaut carries dreams of Arab women to space

Two astronauts, Barnawi and Ali Al-Qarni, said that they are fully prepared for their upcoming scientific mission to the International...
  • Two astronauts said that they are fully prepared for their upcoming scientific mission to the International Space Station (ISS) which is scheduled on May 21
  • Ali Al-Qarni, a pilot in the Saudi Air Force, said that his scientific knowledge would allow him to work on the cloud-seeding experiment in space

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

Saudi Space Agency launches ‘Space Futures Centre’

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) announced Sunday the launch of the Centre for Space Futures, the...

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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...

Saudi team discovers genetic disorder, names it Alfadhel syndrome

RIYADH, SAUDI ARABIA - A team of Saudi researchers from King Abdullah Children's Specialist Hospital (KACSH) and King Abdullah International...

SpaceX launches secretive US military spacecraft on research mission

The Pentagon has released little information about the space drone and its mission, which was initially scheduled for December 7,...

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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...
  • Jeff Bezos' space company has not launched a rocket since an uncrewed September 2022 crash placed its program on hold while it carried out fixes and awaited regulatory approval
  • Though the rocket will carry a payload of science experiments, not people, mission NS-24 must succeed before Blue Origin can return to taking thrill-seekers to final frontier

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...
  • The 15-second meow-vie featuring an orange tabby named Taters is the first to be streamed from deep space
  • The encoded near-infrared signal was received by the Hale Telescope at Caltech's Palomar Observatory in San Diego County

Native oysters making a return to Belfast after over a century’s absence

BELFAST, UK - Long gone from Belfast's famed harbor where the Titanic was built, oysters are making a comeback thanks to...
  • Until the early 1900s, the Belfast Lough channel was home to large oyster reefs but overfishing, disease and pollution decimated the population.
  • Extensive native oyster beds were abundant in European seas and humans have been harvesting them since the Stone Age.