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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.

Research on multiple sclerosis wins ‘Oscars of science’

Stephen Hauser and Alberto Ascherio were recognized for their decades researching the debilitating neurodegenerative disease, which affects nearly three million...

UK to test new alert system on mobile phones

LONDON, UK - The UK will conduct its first test of a new emergency alert service on Sunday, with millions of...
  • The alert system, modeled on schemes in Canada, Japan, and the US aims to warn the public if there is a danger to life nearby.
  • Emergency services and the government hope to use the system to alert people to issues such as severe flooding and fires.

Discover first Arab lunar mission in augmented reality

The Mohammed Bin Rashid Space Centre and Atlantic Productions make the Rashid Rover's journey to the moon exciting with a...
  • Join the Rashid Rover on its epic mission to the moon, and rediscover the thrill, excitement and pure magic of space exploration from the comfort of your own home
  • This interactive educational AR experience available in both iPhone and Android phones is designed to inspire curiosity about space, science, and technology in people of all ages

SpaceX Starship, world’s biggest rocket, explodes during first flight test

Starship, the most powerful rocket ever built, exploded during its first flight, but Elon Musk congratulated his SpaceX team on...
  • The Starship spacecraft that will eventually carry crew and cargo had been scheduled to separate from the first-stage rocket booster three minutes into the flight.
  • Despite the failure to complete the full 90-minute flight test and reach orbit, SpaceX and Musk, the founder and CEO of the private space company, declared it a success.

Pacific solar eclipse dazzles stargazers

Parts of Australia, Indonesia and East Timor were plunged into daytime darkness, delighting curious onlookers. On Australia's northwest tip, the...
  • While fun and perhaps moving for spectators, the eclipse gave scientists a chance to observe the sun's corona, which is usually obscured by its bright rays.
  • The stargazers observed the rare phenomenon by using anti-UV glasses distributed by astronomy groups, while others lined up to use telescopes provided by a university.

67mn children missed out on vaccines because of Covid: UNICEF

A grim UNICEF report warns of a potential outbreaks of polio and measles in children who didn't get vaccinated because...
  • Africa and South Asia were the hardest hit as vaccine coverage among children declined in 112 countries and the percent of children vaccinated worldwide slipped 5 points
  • Each year immunization saves 4.4 million lives, a number the United Nations figures could jump to 5.8 million by 2030 if its ambitious targets to leave "no one behind" are met

Special glasses can slow down myopia in children

Developed by Japan's Hoya Corporation, the Miyosmart lenses, which also function as normal glasses to help the children see clearly,...
  • Eyewear firm EssilorLuxottica claims its own Stellest lenses reduce myopia's progression by 67 percent when worn at least 12 hours a day.
  • Research has suggested that the percentage of people affected by myopia worldwide could surge from 27 percent in 2010 to 52 percent by 2050.

Arada to create Middle East’s first new sustainable water treatment

SHARJAH, UAE- Arada is investing in a new research and development (R&D) facility here, bringing a new form of sustainable...
  • The long-term goal for the facility will be to create an improved ‘Biopolus 2.0’ version of the technology, while also turning Sharjah into a global hub for the process
  • The modular, flexible, and odor-free nature of the Biopolus technology means that each plant can be placed directly in any urban environment

New tech taps oceans to tackle global warming

Scientists from University of California Los Angeles are working on a project aimed at using the oceans as a big...
  • The oceans, covering most of the Earth, are already the planet's main carbon sinks, acting as a critical buffer in the climate crisis.
  • They absorb a quarter of all CO2 emissions, as well as 90 percent of the warming that has occurred in recent decades due to increasing greenhouse gases.

Saudi Crown Prince meets astronauts prior to their space trip

Jeddah, Saudi Arabia - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz on Monday  met the Saudi astronauts: Rayana Bernawi,...
  • The Crown Prince noted that the Saudi people see Rayana Bernawi and Ali Al-Qarni as ambassadors of the kingdom at the ISS
  • He also underlined the importance of the space sector as a major pillar in enhancing the kingdom’s global competitiveness

UAE launches its second nanosatellite DEWA SAT-2

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) successfully launched its second nanosatellite, DEWA SAT-2, aboard SpaceX’s Falcon 9...
  • The launch of DEWA SAT-2 underlines the firm's commitment in using space technologies to improve the operations and maintenance of electricity and water networks.
  • The nanosatellite was designed and developed by Emiratis at DEWA’s Research and Development Center, in collaboration with NanoAvionics in Lithuania.

Doubt cast on claim of ‘hints’ of life on faraway planet

Paris, France - When astronomers announced last month they might have discovered the most promising hints of alien life yet...

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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.