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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.

Iraq’s Tigris, Euphrates rivers plummet as water crisis looms

NASIRIYAH, IRAQ - Iraq's Tigris and Euphrates rivers have witnessed a sharp decrease in their levels in the south of the...
  • In Nasiriyah, capital of the southern province of Dhi Qar, an AFP photographer saw the river bed of the mighty Euphrates dry in patches.
  • The water ministry blamed the situation in some southern provinces on "the low quantity of water reaching Iraq from neighboring Turkey".

Euclid to probe universe’s big mysteries: dark matter, dark energy

In a few months the space telescope will blast off on history's first mission to search for two of the...
  • Aiming to shed light on these dark secrets, the mission will chart a 3D map of the universe encompassing two billion galaxies across more than a third of the sky.
  • The third dimension of this map will be time -- because Euclid's gaze will stretch out to 10 billion light years away, it will offer new insight into how the universe evolved.

Barakah’s Unit 3 enhances UAE’s bid to cut emissions

"We utilise all forms of clean energy to cut carbon emissions and mitigate the worst impacts of climate change. The...
  • The start of commercial operations for Unit 3 of the Barakah Nuclear Energy Plant marks another accomplishment in generating abundant clean electricity to the national grid
  • The plant will also prevent millions of tons of carbon emissions annually, said Mariam bint Mohammed Almheiri, the UAE’s Minister of Climate Change and Environment

Rayyana Barnawi first ever Saudi woman to join space mission

Rayyana Barnawi will join fellow Saudi male astronaut Ali Al-Qarni on a mission to the International Space Station (ISS) "during...
  • The astronauts "will join the crew of the AX-2 space mission" and the space flight will "launch from the USA".
  • In 1985, Saudi royal Prince Sultan bin Salman bin Abdulaziz, an airforce pilot, took part in a US-organized space mission, becoming the first Arab Muslim to travel into space.

SpaceX test-fires engines of massive Starship rocket booster

Giant sheets of orange flames erupted from the base of the rocket and clouds of smoke billowed into the air...
  • The test of the 33 Raptor engines on the first-stage booster of SpaceX's Starship took place at the private space company's base in Texas
  • SpaceX founder Elon Musk said one engine was turned off just before the test began and one stopped itself

Environment Agency – Abu Dhabi issues marine water quality policy

ABU DHABI,  UAE - The Environment Agency - Abu Dhabi (EAD) has issued a policy on sustaining marine water quality...
  • The policy is part of EAD's efforts to maintain and sustain Abu Dhabi's marine waters and limit practices that can cause marine pollution.
  • The policy aims to develop relevant legislative and regulatory frameworks and halt discharges that may have adverse impacts on the marine environment

DEWA cleans beach, plants mangrove as  part of 26th National Environment Day

DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) participated in a campaign to clean the beach and plant mangroves...
  • DEWA organized virtual environmental lectures in Arabic and English, in cooperation with Dubai Municipality.
  • More than 250 DEWA employees and their families participated in the event.

Endangered monarch butterflies face perilous storm

The monarch was added last year to the International Union for Conservation of Nature's Red List of threatened species.
  • Volunteers counted more than 330,000 "western monarch" butterflies at the end of November, according to the Xerces Society conservation group.
  • That number came as a relief compared to the 2,000 butterflies counted at the end of 2020, and an encouraging step up from the 250,000 or so butterflies tallied in 2021.

DEWA begins receiving research papers for MENA Solar Conference

Dubai, UAE--Dubai Electricity and Water Authority (DEWA) has started receiving requests from researchers and scientists to submit their research papers...
  • Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that the conference is the first scientific and technical conference of its kind in the region
  • He said the conference will be held in conjunction with the Water, Energy, Technology, and Environment Exhibition (WETEX) and the Dubai Solar Show (DSS) 2023

Europe looks to geothermal energy as gas alternative

MUNICH, GERMANY - The heating plant in Munich's southern Sendling neighborhood has been run for more than a century on gas,...
  • Munich is pouring in US$1.1 billion through 2035 to develop the geothermal energy and make the city's heating carbon neutral.
  • Reliable and sustainable geothermal energy seems like the perfect alternative to gas.

Humanoid robots stride into the future with world’s first half-marathon

At the crack of the starter's gun, and as a Chinese pop song "I Believe" blared out from loudspeakers on...

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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...

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...

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...

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Europe’s largest nuclear reactor malfunctions again

Helsinki, Finland - Finland's Olkiluoto 3, the largest nuclear reactor in Europe, stopped production on Wednesday after a test caused the plant unit...
  • Before production was interrupted at 1:35 pm (1135 GMT), Olkiluoto 3 was undergoing a fault ride-through test where a short circuit is created near the power plant
  • The reactor only resumed production last Wednesday following a shutdown due to a malfunctioning temperature measurement in the generator's cooling system

Copenhagen’s frozen library of ancient ice tells tales of climate’s past

Copenhagen, Denmark - How was the air breathed by Caesar or Christopher Columbus? A giant freezer in Copenhagen holds the answers,...
  • The Ice Core Archive, housing 25 kilometers (15 miles) of ice collected primarily from Greenland, is helping scientists understand changes in the climate
  • The most recent ones date from this summer, when scientists hit the bedrock on eastern Greenland at a depth of 2.6 kilometers, gathering the oldest ice possible

Progress in Starship test launch, but ship and booster explode

"Such an incredibly successful day," a SpaceX announcer said. "Even though we did have a… rapid unscheduled disassembly of both...
  • Unlike the previous such attempt in April, the booster rocket separated successfully from the mega ship, but then blew up, followed shortly by the spaceship itself
  • Bill Nelson, head of the NASA space agency, which is awaiting a modified version of Starship to land humans on the Moon, said Saturday's attempt showed progress.