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BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Experts seek to legitimize AI mental health care

Researchers at Dartmouth College believe artificial intelligence can deliver reliable psychotherapy, distinguishing their work from the unproven and sometimes dubious...

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,

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...
  • 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.

Experts seek to legitimize AI mental health care

Researchers at Dartmouth College believe artificial intelligence can deliver reliable psychotherapy, distinguishing their work from the unproven and sometimes dubious...

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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...

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...

Most Read

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.

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