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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.

EU moves to label nuclear, gas energy as ‘green’

The fact that the European Commission quietly distributed the text of this proposal to member states late on Friday, in...
  • The proposal aims to support the 27-nation bloc's shift towards a carbon-neutral future
  • It also looks to gild the EU’s credentials as a global standard-setter for fighting climate change

Endangered big cat trapped in northern Iraq

The leopard which was given anesthetic before it was captured, is believed that fewer than 1,000 exist in the wild,...
  • Before being captured, the big cat sustained a wound to its back leg when it was caught in a trap
  • Villagers near the town of Zakho lost around 20 sheep before realizing a leopard was attacking their flocks

2021: A year of space tourism, flights on Mars, China’s rise

Beyond the science milestones, billionaires battled to reach the final frontier first, an all-civilian crew went into orbit.
  • Beyond the science milestones, billionaires battled to reach the final frontier first, an all-civilian crew went into orbit
  • China's Tiangong (Palace in the Sky) space station -- its first long-term outpost -- was launched in April, while its first Mars rover, Zhurong

US scientist, dubbed ‘modern-day Darwin,’ dies

Edward O Wilson, an award-winning biologist and longtime Harvard professor, died on Sunday at the age of 92.
  • US scientist, professor, and author whose study of insects and clarion call to protect Earth earned him the nickname "Darwin's natural hair," died
  • Edward O. Wilson, considered the world's leading expert on ants, proved that their colonies communicate through a system of chemicals known today as pheromones

Climate change 2021: There’s no turning back now

Dedicated experts at COP26 hailed solid even historic advances in beating back the existential threat of global warming.
  • Activist Greta Thunberg dismissed the two-week Glasgow summit as a 'greenwashing festival'
  • Gauging the efficacy of measures announced at the COP26 summit largely depends on the yard

Bird flu outbreak in Israel results in death of 2,000 cranes

More than 40,000 cranes are estimated to have remained in the area of northern Israel as 2000 have been dead...
  • A bird flu outbreak has killed more than 2,000 wild cranes on a reserve in northern Israel
  • The virus affects Israel annually, but this year's outbreak is much larger than previous years

Top 10 weather disasters cost $20bn more than last year: NGO

Each year, UK charity Christian Aid calculates the cost of weather incidents like flooding, fires, and heat waves according to...
  • Christian Aid said the upward trend reflects the effects of man-made climate change
  • It added that the 10 disasters in question also killed at least 1,075 people and displaced 1.3 million

James Webb telescope sets off to help map the universe

The James Webb Space Telescope was some three decades and billions of dollars in the making.
  • Its mirror measures 6.5 meters in diameter — three times the size of the Hubble's mirror
  • Its orbit will also be much farther than Hubble, which has been 600 kilometers above the Earth since 1990

NASA telescope to launch a million-mile voyage.

The James Webb Space Telescope, some three decades in the making, will leave Earth enclosed in its Ariane 5 rocket...
  • The James Webb Space Telescope, some three decades in the making, will leave Earth enclosed in its Ariane 5 rocket from Kourou Space Centre in French Guiana
  • The launch, scheduled in a brief window after 9:20 am (1220 GMT), will send the telescope on a month-long journey to its remote orbit

2021: UAE enters Mars orbit on first try

On February 9, the UAE announced that its exploratory probe, ‘Hope’ had successfully entered Mars' orbit, marking it the first...
  • On February 9, the UAE announced that its exploratory probe, ‘Hope’ had successfully entered Mars' orbit, marking it the first Arab expedition to the Red Planet
  • The UAE became the fifth country to launch a Mars mission successfully and the third to enter Mars orbit on the first try

Four space station crew members leave for Earth

WASHINGTON, US – Four astronauts left the International Space Station on Monday and were bound for Earth following a more than...

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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...

Next ‘A Call From Space’ event with Sultan Alneyadi being held In Ras Al Khaimah

Dubai, UAE - The next edition of ‘A Call from Space’, an exclusive event featuring Emirati astronaut Sultan AlNeyadi is...

UAE highlights efforts in space sector at UN committee meet

ABU DHABI,  UAE - A high-level UAE delegation at the 66th session of the United Nations Committee on the Peaceful...

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UAE space sector localization: Strata Manufacturing delivers MBZ-SAT Satellite components

Abu Dhabi, UAE -- Strata Manufacturing (Strata) and Mohammed Bin Rashid Space Centre (MBRSC) have established a local satellite component...
  • Strata Manufacturing will play a vital role by supplying locally built components for MBZ-SAT, the region's high-accuracy, high-resolution imaging satellite
  • The satellite will be equipped with premium-grade aluminium honeycomb panels, ensuring resilience against extreme temperatures and radiation.

Saudi astronauts successfully complete space trip

The spacecraft successfully landed in the Atlantic Ocean, marking the Kingdom's entry into the league of a small number of...
  • The spacecraft successfully landed in the Atlantic Ocean, marking the Kingdom's entry into the league of a small number of countries conducting space science missions
  • The mission achieved the Kingdom's ambition to contribute to scientific research, to benefit from the promising opportunities offered by the global space sector and its industries

Global action needed to reduce ‘extinction risk’ from AI, say experts

A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created the ChatGPT bot, said tackling...
  • ChatGPT has demonstrated an ability to generate essays, poems and conversations from the briefest of prompts -- and sparking billions of dollars in investments.
  • Critics and insiders have raised the alarm over everything from biased algorithms to the possibility of massive job losses as AI-powered automation seeps into daily life.