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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...

UAE creates a sustainable ecosystem to further enhance understanding of space, says astronaut

He was speaking at an event hosted by Mohammed Bin Rashid Space Centre, where the details of the second crewed...
  • The Mohammed Bin Rashid Space Centre has revealed details of the second crewed mission of the UAE Astronaut Programme to the International Space Station
  • Sultan AlNeyadi is the prime astronaut while Hazzaa AlMansoori is a backup crew of the mission scheduled for launch on February 26

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.

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...

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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...

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...

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,...

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Bayanat, Yahsat, ICEYE increase Middle East satellite fleet to 7

Abu Dhabi, UAE – Bayanat, a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company (Yahsat), the...
  • The expansion of the constellation means that orbiting satellites will revisit the Middle East more frequently
  • Using radar signals rather than light, the SAR satellite images deliver persistent monitoring of specific locations on the Earth’s surface

Dubai witnesses green transit revolution

Dubai is actively implementing climate adaptation strategies and technologies in transportation and infrastructure to mitigate climate change effects and enhance...
  • By the end of the decade, the emirate aims to have 10% of public buses run on hydrogen or electric powered, ramping up to 20% by 2035, 40% by 2040, 80% by 2045
  • According to Sandalkhan, of BCG, Dubai aims to set a global standard in eco-friendly transportation and RTA's 2050 Zero-Emissions plan reflects that ambition

Elusive echidna rediscovered in Indonesia

The Zaglossus attenboroughi, a kind of long-beaked echidna named for famed British naturalist David Attenborough, had last been seen in...
  • The Attenborough long-beaked echidna has never been recorded outside the extremely remote Cyclops Mountains of Indonesia's Papua region.
  • In addition to the rediscovered echidna, the team found a kind of honeyeater bird not recorded since 2008, and a slew of underground species that are new to science.