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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.

UN dismisses Russia claim of Ukraine-US bioweapons

Russia called a meeting of the 15-member Security Council to repeat its previously made, unsubstantiated claims that Ukraine, with US...
  • Washington and Kyiv have denied the existence of laboratories intended to produce biological weapons in Ukraine
  • Linda Thomas-Greenfield, the US' envoy to the UN, accused Russia of requesting the meeting jut so it could spread disinformation’

After 50 years, NASA opens Moon sample

The sample in question was collected by astronauts Eugene Cernan and Harrison Schmitt in December 1972, during the Apollo 17...
  • Researchers hope to study the sample to understand what causes landslides
  • After this, NASA will have only three lunar samples that are still sealed

Gulf fitness sector works out well as Covid curbs ease

As the Covid restrictions ease, gyms and fitness centers in the region are on a solid path towards recovery with...
  • As pandemic restrictions ease, gyms in the region are on a solid path towards recovery with class occupancy catching up at 88 percent pre-COVID levels
  • Fear of getting the virus and social isolation were at the forefront of people's minds during the pandemic, imposing a burden on mental health

First pig heart transplant patients dies

Following surgery, the transplanted heart had performed very well for several weeks without any signs of rejection.
  • The medical team behind the heart transplant said it was 'optimistic' about the future success of cross-species organ donation
  • Official data shows that more than 100,000 Americans are waiting for an organ transplant; over 6,000 die each year before getting one

Jordan inventors use TechWorks to realize dreams

TechWorks is a Jordanian platform aimed at bringing together youth, ideas and resources to jump-start innovations.
  • Set up in 2018, TechWorks says its mission is ‘to plug into entrepreneurial and innovation ecosystems’ and turn ideas into reality
  • Affiliated with a foundation set up by Crown Prince Hussein, it is equipped with technology such as 3D printers

SABIC chairman urges chemical companies to ‘decarbonize’

The head of Saudi Basic Industries Corporation (SABIC) has urged ‘chemical companies’ to decarbonize promptly in order to improve what...
  • Yousef A. Al-Benyan, chairman of SABIC, was speaking at the Gulf Petrochemicals and Chemicals Association Leaders’ forum in Dubai
  • Al-Benyan identified three priority transformation areas for the chemical industry: partnerships and collaborations; agility; and new business and operating models

Bahrain signs Artemis Accords to bolster space cooperation

Among other things, NASA plans to use the Artemis missions to land the first woman and first person of color...
  • Joining the accords will give Bahrain new opportunities for cooperation and investment in the space field
  • It is also expected to facilitate the exchange of expertise among its signatories of the Artemis Accords

Russia sanctions pile on helium industry woes

Helium is used in the manufacturing of semiconductors, and its shortage is expected to exacerbate the paucity of computer chips.
  • Russia is expected to eventually produce the equivalent of a third of the world's current helium production
  • However, with Western sanctions over the Ukraine invasion, experts worry that gas won't reach the global market

How commercial satellites are shaping the Ukraine conflict

Thanks to the explosive growth of the private satellite industry, the volume of imagery is greater and turnaround time faster...
  • Thanks to the explosive growth of the private satellite industry, the volume of imagery is greater and turnaround time faster compared to prior conflicts
  • A growing army of open-source intelligence analysts offer near real time assessments of battleground developments

UN chief flays world powers for ‘criminal’ lack of climate leadership

UN chief Antonio Guterres blasted world powers for a "criminal" abdication of leadership after the release Monday of an extensive...
  • "Nearly half of humanity is living in the danger zone -- now. Many ecosystems are at the point of no return -- now," he said
  • Guterres said coal and fossil fuels are "choking humanity" and called for G20 economies to follow up on their commitments to stop funding coal abroad by ending its use at home

US, Russian, Belarusian astronauts return to earth after 14 days in space

Moscow, Russia - A NASA astronaut, a Russian cosmonaut and Belarus's first ever space traveler on Saturday returned to Earth safely...

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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...

Two UAE astronauts conduct spacewalk training at NASA’s neutral buoyancy lab

Houston, United States - As part of NASA’s 2021 astronaut candidate class training programme, Emirati astronauts Nora Al Matrooshi and...

Russia launches first Moon mission in nearly 50 years

The spacecraft, which will remain on the Moon for a year, will be tasked with "taking (samples) and analysing the...

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UAE and UN to boost climate action cooperation in run up to COP28

New York, US--The UAE and the UN have discussed joint cooperation and partnership on government experience exchange, global climate action...
  • The UAE delegation noted the country's initiatives in development including government work, capacity building and exchange of expertise
  • They also discussed opportunities to boost cooperation in international initiatives, maximizing the positive impact of climate action around the world

UAE and Egypt to boost cooperation in higher education, scientific research

Cairo, Egypt-- The UAE and Egypt are looking to ramp up cooperation in the fields of higher education and scientific...
  • The Egyptian minister noted the depth of the ties across all levels between the two countries, especially in scientific, cultural and educational fields
  • The UAE official applauded the relations between the UAE and Egypt, noting the latter's role in the education field and stressing UAE's resolve to deepen ties

Sultan Al Neyadi takes part in Dreams experiment aboard ISS

DUBAI, UAE - The Mohammed Bin Rashid Space Center (MBRSC) on Sunday announced the successful execution of the Dreams experiment...
  • The experiment was conducted in collaboration with the European Space Agency, French space agency CNES and Toulouse University Hospital.
  • The Dreams experiment is to investigate the sleep patterns of astronauts in the microgravity environment on the ISS.