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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.

Humanoid robots to take center stage at UN meet on AI

Geneva, Switzerland---Eight humanoid robots will be the star attractions when the United Nations hosts its first summit since the start of...
  • The AI for Good Global Summit, first held in 2017, will return to Geneva on July 6 and 7 after a three-year Covid-imposed break.
  • The event will aim to showcase how artificial intelligence and other new technologies can help reach the UN's so-called sustainable development goals.f

Arab Health 2023: Emirates Health Services unveils ‘Microbubble treatments for Children’

‘Microbubble Treatments for Children’ programme research project is being pursued in partnership with the Children’s Hospital of Philadelphia.
  • ‘Microbubble Treatments for Children’ programme research project is being pursued in partnership with the Children’s Hospital of Philadelphia
  • The project aims to administer various treatments through microscopic bubbles that moves in the bloodstream to reach the target areas as needed

1st Arab long-duration astronaut mission to launch on Feb 26

Key mission information, such as the launch time and launch opportunities, was announced during the NASA Crew-6 mission overview media...
  • Key mission information, such as the launch time, was announced during the NASA Crew-6 mission overview media briefing
  • Sultan Al Neyadi said he would love to see a UAE flag on the lunar surface, carried on the shoulder of a UAE astronaut

UAE astronaut says not required to fast during Ramadan on ISS

Asked at a press conference Wednesday how he will observe the holy month of Ramadan, when Muslims typically fast from...
  • Sultan al-Neyadi will become the first Arab astronaut to spend six months in space when he blasts off for the International Space Station next month aboard a SpaceX Falcon 9
  • Neyadi, NASA's Stephen Bowen and Warren Hoburg and Russia's Andrey Fedyaev are scheduled to fly to the ISS on February 26 as members of SpaceX Dragon Crew-6

CST announces first Space Entrepreneurship Alliance in Saudi Arabia

RIYADH, SAUDI ARABIA - Saudi Arabia's Communications, Space & Technology Commission (CST) has announced the formation of a Space Entrepreneurship...
  • The alliance was announced during the Commission's participation in the seventh edition of the Garage Disrupt event.
  • The alliance seeks to connect entrepreneurs with investors and experts in the space sector.

Billions still exposed to toxic trans fat, says WHO

GENEVA, SWITZERLAND - Efforts to eliminate industrially-produced fat have a long way to go with five billion people exposed to toxic...
  • The World Health Organization called in 2018 for harmful trans fatty acids to be wiped out by 2023.
  • They are thought to be responsible for around 500,000 premature deaths from coronary heart disease each year.

Sharjah astronomy academy receives first signal from CubeSat

Sharjah, UAE - The Sharjah Academy for Astronomy, Space Sciences and Technology (SAASST) of the University of Sharjah (UoS), has...
  • The project engineers at SAASST were prepared to receive the first communication signal from the CubeSat after it reached its orbit around Earth.
  • The signal demonstrates the state of the satellite and its readiness to perform its mission after a successful deployment from the main spacecraft.

WEF launches initiative to channelize US$3trn for climate and nature

The World Economic Forum launched the Giving to Amplify Earth Action (GAEA), to help unlock the US$3 trillion of financing...
  • Present funding is slow and inadequate, and a new approach is needed to get capital flowing.
  • Philanthropic giving is nimble, more tolerant of risks and is driven by values and long-term outcomes rather than quarterly returns.

Countries which transform food system can meet net-zero goals, says WEF report

DAVOS, SWITZERLAND – A  report launched Monday at the World Economic Forum Annual Meeting 2023 shows how countries can accelerate...
  • Food systems, when transformed, can help solve some of the world’s toughest problems, from climate change to resilient livelihoods.
  • The report identifies models for businesses and policy-makers and a roadmap of priorities for countries to improve productivity and sustainability.

DEWA completes 77 percent work in Hatta Water Reservoir

DUBAI, UAE  - DEWA has completed 76.8 percent work on the water reservoir project in Hatta. The project has a...
  • The project is being built at a cost of approximately US$23 million and is expected to be completed in April 2023.
  • The structural foundation works for all facilities and reservoirs are 100 percent complete,

European Parliament approves ‘pioneering’ rules to govern AI

Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the risks of a technology...

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UN conference adopts plan to reduce harmful chemicals

PARIS, FRANCE - A new roadmap to reduce the environmental risks from chemicals and waste was adopted at a United Nations...

Politicians fail to understand scientific facts of climate, says expert

PARIS, FRANCE - Wavering ambition by governments and a growing belief that science is politically subjective are great causes for concern...

Antarctic sea ice hits lowest winter maximum on record, says data

WASHINGTON, US -  The sea ice around Antarctica likely had a record low surface area when it was at its maximum...

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Largest asteroid samples brought to Earth

Scientists hope the samples will provide a better understanding of the formation of our solar system and how Earth became...
  • Four years after its 2016 launch, the probe landed on the asteroid Bennu and collected roughly nine ounces (250 grams) of dust from its rocky surface.
  • Most of the sample will be conserved for study by future generations. Roughly one-fourth will be immediately used in experiments.

World must understand AI, curb its risk, says UK Deputy PM

NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can...
  • UK Deputy PM said that a summit, set for November, will aim to preempt the risks posed by frontier AI and explore how it can be used for public good.
  • One of the concerns highlighted by the Deputy Prime Minister is the unprecedented speed at which AI is evolving having far-reaching implications.

Abu Dhabi Crown Prince attends reception for astronaut Al Neyadi

Abu Dhabi, UAE - Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan attended a reception for...
  • Sheikh Khaled congratulated Sultan Al Neyadi and other members of the family on the success of the historic mission
  • He also praised the work of the Mohammed bin Rashid Space Centre in planning the mission and ensuring its success