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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.

Dubai Supreme Council of Energy reviews efforts to achieve net-zero carbon emissions by 2050

DUBAI, UAE -  Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 73rd...
  • The meeting discussed a proposal by ENOC to supply petroleum products to Al Maktoum International Airport through the Falcon Station in Jebel Ali.
  • It also discussed the national system for trading carbon credits in cooperation with the Ministry of Climate Change and the Environment.

UAE climate change ministry launches roadmap to plant 100m mangroves by 2030

ABU DHABI, UAE  - UAE Ministry of Climate Change and Environment (MOCCAE) launched the roadmap for the National Carbon Sequestration...
  • This is as part of its efforts to implement the UAE's strategic initiative to achieve Net Zero by 2050.
  • The project is part of the strategic directions of the UAE to increase reliance on nature-based solutions in facing environmental challenges.

UAE participates in First Framework Working Group meeting within G20 Finance Track

BENGALURU, INDIA - The UAE participated in the first Framework Working Group (FWG) meeting within the G20 Finance Track, which...
  • Held for the first time under India’s G20 presidency in Bengaluru, the meeting sought to discuss the work plan for FWG in 2023.
  • The meeting was also attended by G20 members, invited countries and representatives from international organizations.

Climate change fuelling cholera surge, says WHO

GENEVA, SWITZERLAND - Climate change is fueling a global cholera upsurge, the WHO said Friday, warning the situation was compounded by...
  • Fatality rates are extremely high for most of the countries for which the UN health agency has data.
  • Cholera outbreaks can be prevented by ensuring access to clean water and improving surveillance.

WHO sees Covid-19 emergency dying out in 2023

Urging China to share information that might pinpoint how the pandemic started, the WHO has said that it was hoping...
  • The WHO's emergency committee on Covid-19 will discuss the criteria for declaring an end to the emergency phase when they next meet in January
  • Nearly 650 million confirmed Covid cases and more than 6.6 million deaths have been reported to the WHO, though the UN health agency acknowledges this will be a vast undercount

Participation rises in Sharjah Sustainability Award

SHARJAH, UAE - The Environment and Protected Areas Authority in Sharjah (EPAA) announced an increase in participation in the 11th...
  • The breakup of the entries are 311 from university and college students and 174 from school students.
  • Nominations were also received in the Distinguished Teacher Award category.

UAE launches Arab world’s first ever lunar rover, will land in April 2023

Dubai, UAE - The Arab world's first lunar rover successfully took off to space on Sunday. The UAE-built Rashid Rover...
  • The UAE became the first Arab country and the fourth country globally to land on the lunar surface after the United States, Soviet Union, and China.
  • The Mohammed Bin Rashid Space Centre (MBRSC) said once launched, the integrated spacecraft will take a low-energy route to the moon.

NASA capsule splashes down after key voyage

After venturing further into space than any previous habitable spacecraft, Orion splashed down safely in the Pacific, completing the Artemis...
  • "I don't think any one of us could have imagined the mission this successful," said Artemis Mission Manager Mike Sarafin in a press conference.
  • As it reentered the Earth's atmosphere, the gumdrop-shaped capsule had to withstand a temperature of 2,800 degrees C, about half that of the surface of the Sun.

The moon is part of our existence and is a future necessity for the planet, says George Friedman

"There was a small amount of water on the moon, which means there is a lot of water but it...
  • To achieve life on the moon, we need soldiers, businessmen, technologists and various segments and categories, says Dr George Friedman of US Naval Institute
  • "We must think that the wealth on the moon will be for humanity in general, where we must think about the human dimension," he adds

Webb telescope promises new age of the stars

Researchers using the new observatory have found the furthest galaxies ever observed, one of which existed just 350 millions years...
  • Scientists say the Webb telescope, now orbiting the sun at a million miles from Earth, should last 20 years, twice its guaranteed lifetime
  • Jupiter has been captured by the telescope in incredible detail which is expected to help understand the workings of the giant gas planet

Four space station crew members leave for Earth

WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...

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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...

MBRSC key in elevating UAE’s space exploration status

"With the successful accomplishment of Sultan Al Neyadi’s mission to space, the Mohammed bin Rashid Space Centre has completed another...

UAE spending in space sector surges by 6.6%: survey

Dubai, UAE - The total spending in the UAE's space sector witnessed a 6.61 percent increase compared to the previous...

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UAE celebrates astronaut Sultan Al Neyadi’s homecoming

The UAE president and the ruler of Dubai spent time in conversation with Al Neyadi – accompanied by his father...
  • Sheikh Mohamed and Mohammed bin Rashid greeted Al Neyadi upon his arrival at the new Abu Dhabi International Airport following a flight from the US
  • Sultan Al Neyadi presented the President with a UAE flag that had accompanied him throughout his 186-day mission to the International Space Station

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...
  • WHO chief said he had already written to China asking "to give us information " and for the organization to send a team "if they allow us to do so".
  • He said WHO would not abandon its investigation and has called on China for transparency in sharing data and carrying out investigations.

UAE and Russia look to boost ties in education, space, scientific research

Moscow, Russia--The UAE and Russia are looking to strengthen the bilateral cooperation in higher education, scientific research, space, and engineering...
  • Ahmad Belhoul Al Falasi, Minister of Education, and Valery Falkov, Minister of Science and Higher Education of Russia, held discussions to boost cooperation in many sectors
  • The UAE minister visited the Moscow State Technical University, where he saw its research centres and learnt about the latest scientific and engineering tech solutions