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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.

India turns to dung as new energy source

Cultivating alternative energy sources is an urgent priority in India, which burns coal to meet nearly three-quarters of the energy...
  • This new energy source promises to help clean up India’s smog-choked cities
  • It is already providing a vital revenue stream for poor Indian farmers

Policy eyed as Mideast bears brunt of climate change

Disasters caused by climate change since 2000 have killed approximately 2,600 people, affected seven million others, and caused $2 billion...
  • Temperatures in the region have risen by 1.5°C over the last three decades, twice the global increase of 0.7°C
  • According to the IMF, disasters caused by climate change have killed approximately 2,600 people since 2000

LNG ships worse for climate, claims NGO

Cargo ships use a particularly dirty type of fuel but the shipping industry has sought to shift to cleaner-burning LNG.
  • NGO Transport & Environment said it had mounted an investigation of LNG-powered ships in service
  • It found that they emit methane, which is a much more potent greenhouse gas than carbon dioxide

Pfizer plans new Covid jab

It has said a shot for multiple variants is coming by 2022-end.
  • Chairman Albert Bourla said Pfizer was also working on a vaccine that could provide good protection for a whole year
  • This means people would come back annually for boosters, as with influenza shots currently given out in the US

Pandemic ‘far from over’, but ‘let’s end it together’, says UN chief

The UN chief said countries need to fulfil and accelerate dose-sharing and donation commitments in order to reach the billions...
  • Antonio Guterres said the spread of Omicron was “a startling reminder of how quickly COVID-19 can mutate and spread
  • The Omicron variant of the novel coronavirus is now surging in the form of the BA2 variant in many parts of the world

Iraq witnesses dust storm that lands dozens in hospital

Iraq is particularly vulnerable to climate change, having already witnessed record low rainfall and high temperatures in recent years.
  • The storm erupted in the north of the country on Thursday, leading to cancellation of flights serving Kurdistan’s capital Arbil
  • As the storm swept south, it shrouded the Iraqi capital of Baghdad and cities as far south as Nasiriyah in a ghostly orange

First private mission reaches International Space Station

Axiom sees the voyages as the first steps of a grander goal: to build its own private space station. The...
  • NASA join hands with Axiom and SpaceX to focus on more ambitious voyages deeper into the cosmos
  • ISS will carry out 25 research projects, including an MIT technology demonstration of smart tiles

‘Mystery’ boson finding contradicts understanding of universe

The W boson governs what is called the weak force, one of the four fundamental forces of nature, and therefore...
  • The W boson governs what is called the weak force, one of the four fundamental forces of nature, and therefore a pillar of the Standard Model
  • These collisions -- made by smashing particles together at mind-bending speeds to study them -- were done by the Tevatron collider in the US state of Illinois

First private mission readies for launch to ISS

Takeoff is set for 11:17 am (1517 GMT) from the Kennedy Space Center in Florida on a SpaceX rocket.
  • Commanding the Axiom-1 mission will be former NASA astronaut Michael Lopez-Alegria, a dual citizen of the United States and Spain
  • He accompanies American real-estate investor Larry Connor, Canadian businessman Mark Pathy, and Israeli fighter pilot-turned-entrepreneur Eytan Stibbe

Climate-related health emergencies on the rise in Africa: WHO

Floods, water, and vector-borne diseases have been worsening the health crises in Africa, said WHO's regional director for Africa.
  • The WHO has said health emergencies caused by climate change are increasing in Africa
  • The UN health agency has called on governments to implement WHO air quality guidelines

After AI, quantum computing eyes its ‘Sputnik’ moment

Cambridge, United Kingdom - Quantum computing promises society-changing breakthroughs in drug development and tackling climate change, and on an unassuming English...

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Australian doctors find live parasitic worm in woman’s brain

It was an eight-centimetre (three-inch) roundworm, called Ophidascaris robertsi, which researchers said was a common parasite in kangaroos and carpet...

NASA and SpaceX postpone launch of ISS crew rotation mission

Dubbed Crew-7, the mission will be commanded by American Jasmin Moghbeli and includes Andreas Mogensen of Denmark, Satoshi Furukawa of...

UAE astronaut Sultan AlNeyadi studies cardiorespiratory impact in space

Dubai, UAE -  The UAE astronaut Sultan AlNeyadi on Wednesday participated in a cardiovascular study to examine cardiorespiratory impact in...

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Saudi Arabian Crown Prince launches KAUST’s new strategy

RIYADH, SAUDI ARABIA - Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of KAUST Board...
  • Strategy aims to transform research into economically productive innovations by focusing on national priorities for research, development and innovation.
  • It aims to strengthen KAUST’s partnerships with both the public and private sectors, which will contribute to achieving the objectives of Vision 2030.

Saudi CST urges public for feedback on ‘space use plan’ for frequency spectrum

Riyadh, Saudi Arabia--The Communications, Space and Technology Commission (CST) has urged the public to provide their views on its space...
  • It has given all "interested parties" in the kingdom and outside a time until September 10 next month to provide views and observations
  • Early this year, CST announced the formation of a Space Entrepreneurship Alliance to achieve growth and sustainability in the sector

Iran first Islamic country to have modern observatory, says official  

TEHRAN, IRAN – Iran is the first Islamic country to possess a very modern observatory, the head of the Institute...
  • The head of the Institute for Research in Fundamental Sciences said that Iran lacked the resources to build an observatory.
  • He added that an observatory is like a living entity, and continuous work and progress are necessary for proper functioning.