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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.

MoCCAE highlights role of UAE Climate Change Research Network

SHARM EL SHEIKH, EGYPT - The Ministry of Climate Change and Environment (MoCCAE) organized an awareness session on the UAE...
  • The network aims to support collaborative research programs by creating a platform for engaging the academic and scientific community.
  • Drawing the participation of 100 attendees, the event explored several key topics, including promoting science and policy engagement for climate action.

UAE University’s agriculture college launches campaign to cut food waste

AL AIN, UAE - The College of Agriculture and Veterinary Medicine at the United Arab Emirates University launched an awareness...
  • The program is targeting schools and universities to educate students about the need to reduce food waste.
  • The studies conducted in the food court showed that over 50 kilograms of foods is wasted daily during breakfast and lunch.

ESA to announce name of history’s first ‘parastronaut’ soon

Paris, France---The first astronaut -- or astronauts -- with a physical disability could be announced as soon as Wednesday, according...
  • People with physical disabilities have previously been excluded from one of the most exclusive and demanding jobs on Earth -- and beyond -- due to strict selection requirements.
  • After carrying out a feasibility study, the ESA said potential candidates could include people with deficiencies in their lower limbs, whether from amputation or congenital defects

Swiss regret COP27 going soft on top polluters

GENEVA, SWITZERLAND - Switzerland regretted Sunday that the COP27 climate summit outcome does not impose obligations on the highest greenhouse...
  • There was disappointment in some quarters over COP27's stand on cutting emissions.
  • There were concerns that no resolutions were passed on phasing out coal and reducing subsidies for oil and gas

Indonesian Govt, 3 organizations to protect marine environment

ABU DHABI, UAE - The Indonesian Government, G42, a UAE-based AI and cloud computing company, a global nonprofit OceanX and...
  • The project recognizes the importance of mapping of marine resources through advanced technologies to protect and preserve the ocean environment.
  • The project intends to provide marine genomics applications by G42 Healthcare in support of OceanX’s social welfare mission.

COP27 focuses on ways and means to feed 8 billion people

The adaptation and agriculture thematic day at COP27 focused on how the world will feed eight billion people.
  • A series of sessions and initiatives shed light on pathways forward on adaptation and climate resilient agriculture.
  • The focus comes at a particularly challenging year for food security.

Tropical Storm Nicole delays launch of NASA Moon rocket

After two launch attempts were scrubbed this summer because of technical problems, the rocket had to be returned to the Vehicle...
  • A senior official at the US space agency said that a launch attempt, which had been scheduled for November 14, will now take place on November 16
  • Some experts have voiced concern that the rocket, which is estimated to cost several billion dollars, could be damaged by debris from the hurricane if it remains exposed

‘UAE to reveal implementation map of Net Zero 2050 at COP27’

Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said the UAE’s participation in the 27th session of...
  • A UAE minister said the COP27 focuses on financing and ensuring equitable participation of developing countries in climate action efforts.
  • She said the UAE will invite the world to participate in the efforts to spread and use renewable energy.

21 Saudi Universities figure in Times Higher Education list

RIYADH, SAUDI ARABIA - The number of Saudi universities in the Times Classification of Specializations increased to 21 Saudi universities,...
  • Saudi universities are distinguished in 10 major disciplines out of the 11 majors in which international universities are ranked.
  • The Kingdom’s universities rankings include 47 in physical sciences, 56 in computer science and 57 in engineering.

Saudi culture ministry provides training in UNESCO program

Under its recently announced Experts Program, the Saudi Ministry of Culture has provided an intensive leadership training course for Man...
  • MAB is an intergovernmental scientific program that seeks to enhance the relationship between people and their environments through natural and social sciences.
  • Delivered in partnership with the UNESCO Regional Bureau for Science in the Arab States, the course brought together 17 local and international participants.

‘Dark universe detective’ telescope releases first data

Paris, France - Europe's Euclid space telescope, which is on a mission to shed light on the mysteries of dark...

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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,...

Trio wins physics Nobel for illuminating electrons

France's Pierre Agostini, Hungarian-Austrian Ferenc Krausz and Franco-Swede Anne L'Huillier won the Nobel prize in physics for research using ultra...

mRNA COVID vaccine experts awarded Nobel Medicine Prize

Kariko, 68, and Weissman, 64, longstanding colleagues at the University of Pennsylvania in the US, have won a slew of...

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Politicians fail to understand scientific facts of climate, says expert

PARIS, FRANCE - Wavering ambition by governments and a growing belief that science is politically subjective are great causes for concern...
  • Several extreme weather events have occurred in 2023, which the European Union's climate monitor says is likely to be the hottest in human history.
  • These underscores the urgency of slashing planet-heating greenhouse gas emissions to avert the catastrophic impacts of greater global warming.

Antarctic sea ice hits lowest winter maximum on record, says data

WASHINGTON, US -  The sea ice around Antarctica likely had a record low surface area when it was at its maximum...
  • The ice pack typically reaches its largest size during the colder winter months, so the September 10 reading will likely remain this year's maximum.
  • At its high-point this year, the sea ice was 1.03 million square kilometers smaller than the previous record.

NASA capsule brings to Earth first major asteroid sample

Dugway, United States-- A seven-year space voyage came to its climactic end Sunday when a NASA capsule landed in the desert...
  • The sample, according to scientists, will provide a better understanding of the formation of our solar system and how Earth became habitable
  • NASA scientist Amy Simon said the sample return is "really historic" and it is the biggest sample NASA has brought back since the Apollo moon rocks