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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.

World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...

UN nature deal calls to protect 30% of planet by 2030

MONTREAL, CANADA - A UN nature deal proposed Sunday calls to protect at least 30 percent of the planet by 2030...
  • It called on wealthy countries to increase financial aid to the developing world to $20 billion annually by 2025.
  • Developing countries, spearheaded by Brazil, were seeking the creation of a new fund to signal the global north's commitment to the cause.

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

World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...

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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...

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...

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.

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Swedish researchers find snoozing in the morning isn’t bad

Stockholm, Sweden - You snooze, you lose? Swedish researchers said Wednesday that might not be the case, after their study even...
  • Researchers at Stockholm University found that in general younger people were the ones snoozing and they were to a high degree night owls.
  • In a second study, the researchers found that most of the respondents who snoozed for half an hour managed to get a lot of sleep during that half hour even though it was disturbed.

NASA to unveil first images of historic asteroid sample

OSIRIS-REx wasn't the first mission to rendezvous with an asteroid and bring back samples for study -- Japan succeeded in...
  • The OSIRIS-REx mission collected rock and dust from the asteroid Bennu in 2020, and a capsule containing the precious cargo successfully returned to Earth
  • The space agency will hold a live streamed news conference at 11:00 am Eastern Time (1500 GMT) to share photographs and preliminary scientific analysis

Nobel Chemistry Prize awarded to quantum dots researchers

The trio, whose names were leaked in the Swedish press ahead of the announcement, succeeded in producing these tiny components,...
  • Bawendi, 62, born in Paris to French and Tunisian parents, is a professor at Massachusetts Institute of Technology (MIT) in the United States.
  • Brus, 80, is a professor at Columbia in New York, and Russian-born Alexei Ekimov works at the US-based Nanocrystals Technology.