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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.

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,

Once in 50,000-year comet may be visible to the naked eye

Paris, France--A newly discovered comet could be visible to the naked eye as it shoots past Earth and the Sun...
  • It will come closest to the Sun on January 12 and pass nearest to Earth on February 1
  • The last time the comet passed Earth was during the Upper Paleolithic period, when Neanderthals still roamed Earth

Qatar recycles 80% of waste collected during World Cup

Doha, Qatar-- Qatar has recycled some 80 percent of waste collected from stadiums during the FIFA World Cup games.According to...
  • Nearly 54 percent of the waste has been converted into compost, 22 percent into plastic, 14 percent into paper and cardboard, and 8 percent into glass
  • She said the climate change issues and the optimal utilization of natural resources are among the top priorities of the Sustainability Department at the SC

Sustainability key for next-gen data center models

At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about...
  • At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about 3 percent of the world’s electricity usage
  • Data centers must operate as efficiently and sustainably as possible to eliminate any potential harm to the environment.

UNESCO praises Saudi Arabia for its success in e-education governance

RIYADH, SAUDI ARABIA - The United Nations Educational, Scientific and Cultural Organization (UNESCO) has praised the achievements of Saudi Arabia...
  • UNESCO said that Saudi Arabia's National E-Learning Center is an example to be followed at the international level.
  • The National E-Learning Center supports the development of governance procedures in the electronic education and training sector.

Abu Dhabi introduces Mobile BSL-3 Laboratory

ABU DHABI, UAE - Abu Dhabi Public Health Center (ADPHC) has introduced the first of its kind mobile BSL-3 (Biosafety...
  • The BSL-3 mobile laboratory will enhance the UAE capital's infectious disease preparedness through swift, safe and accurate testing of communicable diseases.
  • The mobile laboratory will be accessible across four sites in Abu Dhabi.

Understanding winter storms and global warming

The link between global warming and heat waves is very direct, but the behavior of winter storms is governed by...
  • There is no consensus on other mechanisms, such as the effect of climate change on the polar vortex and jet stream air currents.
  • The polar vortex is an air mass above the North Pole, located high in the stratosphere. Humans dwell in the troposphere, and the stratosphere is located just above it.

Dubai conference explore ways to nullify environment challenges

This is especially important with the ongoing preparations for the UAE to host the 28th Conference of the Parties by...
  • Important topics at the conference included the application of membrane technology and nano-technology in water treatment
  • The conference brought together global researchers, decision-makers, academics, and experts to discuss environmental and sustainability issues

Top nature-inspired solutions of 2022

From squid-skin food warmers to a lubricant made of cow mucus, here is a selection of this year's scientific work...
  • Stopping the bleeding hearts and livers of dogs and rabbits without stitches may now be possible with a biodegradable plaster made of sticky okra gel.
  • Researchers extracted the mucus from the salivary glands of cows and turned it into a gel that binds to and constrains viruses.

Antibiotics shortages hit nations as surging illnesses spur demand

Hospitals in many countries have come under pressure from a rising number of illnesses including what has been dubbed a...
  • But ramping up production of antibiotics has proved difficult for drug makers, particularly for cheap generic medicines that offer a slender profit margin.
  • Pharmaceutical companies who had cut back production because of the previously falling demand are now scrambling to meet skyrocketing orders, causing delays.

‘I don’t have a voice in my head’: Life with no inner monologue

Paris, France - Mel May only realised she was different while reading a news article one day. "Wait, what? Some...

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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...

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...

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...

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European Euclid space telescope unveils first images

Darmstadt, Germany - The first images from Europe's Euclid space telescope were released on Tuesday, showing a nebula resembling a horse's...
  • Euclid blasted off in July on the world's first-ever mission aiming to investigate the enduring cosmic mysteries of dark matter and dark energy.
  • The first five images were unveiled during a press conference at the European Space Operations Centre in Darmstadt, Germany.

Robot maker dreams of turning sci-fi into reality

Ryo Yoshida's monster-sized drivable robot is hard to park and the $3-million price tag will crush most wallets.
  • An imposing 14.7 feet high and weighing 7,716 pounds, "Archax" can be moved and operated by a pilot who clambers up to the high-tech cockpit.
  • When manoeuvered in the vehicle mode, "Archax" is capable of moving at 10 kilometers (six miles) per hour, according to the company.

Error-prone AI chatbot dog leads Japan’s elderly astray

Tokyo, Japan - A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is...
  • Powered by generative artificial intelligence, "Dai-chan" was this year launched by Osaka authorities who called it the first of its kind in Japan
  • But the chatbot, which features a Shiba Inu cartoon dog and answers in the Osaka dialect, has shown itself far from faithful to the truth