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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.

Malaria No More and CPC of Abu Dhabi to fight the disease

Malaria No More has announced the launch of a new global institute with the mission to combat malaria in the...
  • It has partnered with the Crown Prince Court of Abu Dhabi (CPC) and the Reaching the Last Mile program to achieve its objective
  • The announcement was made at the summit event of Abu Dhabi Sustainability Week, during a session focused on climate change

WHO approves two new Covid-19 treatments

The WHO's Covid-19 treatment recommendations are updated regularly based on new data from clinical trials.
  • Arthritis drug baricitinib, used with corticosteroids to treat severe or critical Covid-19 patients, led to better survival rates
  • Also recommended was synthetic antibody treatment Sotrovimab, for people with non-serious Covid-19 at the highest risk of hospitalization

DEWA invites people to live coverage of its nanosatellite launch

The U3 nanosatellite was designed and developed at DEWA’s R&D Centre
  • The satellite will be launched by SpaceX Falcon 9 rocket from Cape Canaveral Space Launch Complex (SLC-40) in Florida, USA.
  • MD & CEO of DEWA Saeed Mohammed Al Tayer will attend the launch along with officials from DEWA, SpaceX, and NanoAvionics.

European archaeologists back in Iraq after years of war

The modern history of Iraq -- with its succession of conflicts, especially since the 2003 US-led invasion and its bloody...
  • The modern history of Iraq -- with its succession of conflicts, especially since the 2003 US-led invasion and its bloody aftermath -- has kept foreign researchers at bay
  • Iraq's Council of Antiquities and Heritage director Laith Majid Hussein said he is delighted to play host, and is happy that his country is back on the map for foreign expeditions

World economy at risk as Omicron engulfs Europe

More than half of people in Europe will likely catch Omicron by March, the WHO has said amid a World...
  • The WHO's regional director for Europe Hans Kluge described a ‘new west-to-east tidal wave sweeping across’ the region
  • The WHO's European region covers 53 countries and territories including several in Central Asia, 50 of them had Omicron cases

Repeated Covid-19 boosters is not a viable strategy: WHO

The Technical Advisory Group on Covid-19 Vaccine Composition (TAG-Co-VAC), an expert group created by the WHO to assess the performance...
  • The group under WHO called for the development of new jabs that protect people who get Covid-19 against falling seriously ill
  • It added that such vaccines should also be better at preventing people from catching the virus in the first place

Arab Parliament for the Child to hold a session remotely

Ayman Othman Al Barout, Secretary-General of Arab Parliament for the Child (APC), has announced the third session of the Parliament...
  • This decision announced at the organizing committee meeting came in the wake of taking precautionary measures to preserve the health of children who are members of APC
  • Al Barout emphasized that APC had three previous successful experiences in holding remote parliament sessions due to the pandemic

NASA sets ‘amazing milestone’ as it deploys Webb telescope in orbit

The James Webb Telescope blasted off in an Ariane 5 rocket from French Guiana on December 25 and is heading...
  • The NASA team declared all major deployments successfully completed as the mirror was latched into place at 1817 GMT
  • The engineers sent a command from the Space Telescope Science Institute for the final section of golden mirror to unfold

World passes 300 million Covid cases as Omicron breaks records

The virus mutant has spurred the world to record 13.5 million cases in the last week alone -- 64 percent...
  • In the past seven days, 34 countries have recorded their highest number of weekly cases since the start of the pandemic, including 18 nations in Europe and seven in Africa
  • While far more contagious than previous coronavirus variants, Omicron appears to cause less severe illness than its predecessors

CES show highlights: Robo-dogs, self-sailing boat, brain tech

The CES tech show in Las Vegas closed its 2022 edition on Friday, after pushing ahead with a significantly downsized...
  • French startup Wisear is working on technology that detects the signals that zip between the brain and certain muscles, in order to use them to operate connected devices
  • The Boston Dynamics robot dogs -- the ones compared to the killer four-legged bot in a dystopian "Black Mirror" episode -- are back and this time they are going to the metaverse

European Parliament approves ‘pioneering’ rules to govern AI

Senior European Union officials say the rules, first proposed in 2021, will protect citizens from the risks of a technology...

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AI and real doctors review medical cases in China

CHENGDU, CHINA - AI doctors and real doctors held an evaluation for the first time in Chengdu Haiersen Hospital, Southwest...

Google to add seven new features for Google Chat

WASHINGTON, US-  Google revealed seven new features to be added to Google Chat, a communication and collaboration tool, to enhance...

Universe’s mysteries in focus as Europe launches Euclid space telescope

WASHINGTON, US - Europe's Euclid space telescope is scheduled to blast off Saturday on the first-ever mission aiming to shed...

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New WEF report reveals technologies to impact world in the next five years

TIANJIN, CHINA -  The World Economic Forum on Tuesday announced its annual list of breakthrough technologies with the greatest potential...
  • The new technologies include flexible batteries, generative AI and sustainable aviation fuel.
  • These would be disruptive, attractive to investors, researchers, and achieve considerable scale within five years.

FANR highlights cybersecurity framework of Barakah nuclear plant in meeting

VIENNA, AUSTRIA - The Federal Authority for Nuclear Regulation (FANR) is taking part in an international conference organized by the...
  • In the event participants from 94 countries and seven global organizations discuss measures to protect against cyber-attacks on nuclear facilities.
  • UAE's nuclear regulation body has carried out regular inspections of Barakah Power Plant and observed exercises to test the efficacy of cybersecurity plans.

Saudi astronauts Rayana Bernawi, Ali Al-Qarni, Mariam Fardous, Ali Al-Ghamdi return home

Riyadh, Saudi Arabia – The Saudi astronauts Rayana Bernawi, Ali Al-Qarni, Mariam Fardous, and Ali Al-Ghamdi arrived in Riyadh today...
  • Saudi astronauts Rayana Bernawi and Ali Al-Qarni returned to earth on May 31 from the ISS, where they conducted 14 research experiments on microgravity
  • Al Qarni undertook an experiment on cloud seeding, wherein he combined salt crystals with moist air within a controlled environment