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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Amazon had the highest deforestation record in October 2021

While Brazil takes international pledge at COP26 to end deforestation by 2030, the destruction of the Amazon rainforest keeps rising...
  • Deforestation of 7,880 square kilometers of Amazon's rainforest was been reported in 2021
  • Environmentalists blame the country's president for defunding environmental protection organizations

Morocco river does not flow into the sea any more

After years of drought and over-pumping, the Moulouya river in Morocco comes to a halt just short of the sea....
  • The Moulouya river is one of the longest rivers in Morocco and a vital lifeline for farmers in the area near the Algerian border
  • Its final few paces are now separated from the Mediterranean Sea by a sandbar

Deal but no deal: COP26 adds to climate confusion

Rich countries stand accused of failing at the COP26 summit in Glasgow to deliver much-needed finance to vulnerable states at...
  • Rich countries accused of failing to deliver much-needed finance to vulnerable states at risk of drought, rising seas, fire and storms
  • The European Commission said the deal has "kept the Paris targets alive".

Trillions needed to fight climate threat: UN draft report

The draft Intergovernmental Panel for Climate Change report is scheduled for release early next year.
  • Helping vulnerable nations cope with the multiplier effect of climate change will require trillions of dollars, according to a draft UN report
  • The failure of rich countries to deliver the promised $100 billion a year for vulnerable nations has become a flashpoint at COP26

Elon Musk’s SpaceX launches four astronauts to International Space Station

After a series of delays, Elon Musk's private company SpaceX launched four astronauts to the International Space Station on Wednesday...
  • The station is currently operating with just one NASA astronaut in the US segment to welcome the incoming crew.
  • The flight was initially postponed from October 31 first for weather, then a "minor medical issue" affecting one of the crew.

Climate change will crush world’s poorest economies, says study

Countries with poor economies will face severe consequences of climate change caused by the rich nations.
  • According to the study, 65 most vulnerable nations will see GDP drop 20 percent on average by 2050
  • Eight of the top 10 most affected countries are in Africa, while two others are in South America

Nuclear energy back in focus as climate crisis deepens

To resist climate changes, more sustainable sources of energy like nuclear could become a norm in the near future.
  • Nuclear energy is part of the solution to global warming, there's no way around it, IAEA director general Rafael Mariano Grossi has said
  • The UN's climate science advisory panel, the IPCC, has also given a place to nuclear in its models

A pill that could end the Covid pandemic

Pfizer said Friday that a clinical trial of its pill to treat Covid-19 had shown it is highly effective, hailing...
  • A simple pill to treat the coronavirus at home has been sought since the start of the global health crisis
  • Pfizer's is the second anti-Covid pill after that of Merck, which is actually an influenza medicine rebranded to fight the coronavirus

COP26 braces for youth protests after vague emissions pledges

Demonstrations are expected across Glasgow against the disconnect between the pace of emissions reductions and the climate emergency.
  • Organizers of the Fridays for Future global strike movement said they expected large crowds at the planned three-hour protest during COP26 Youth Day
  • The event is expected to be attended by high-profile campaigners Greta Thunberg and Vanessa Nakate

Global CO2 emissions in 2021 near record levels, says report

CO2 pollution this year will be just shy of the record set in 2019, according to the Global Carbon Project...
  • Capping the rise in global temperature to 1.5 degrees Celsius above pre-industrial levels would limit mortality and damage
  • However, it requires slashing carbon emissions nearly in half by 2030 and to net zero by 2050

Japanese lander disabled again but could restart after two weeks

Tokyo, Japan - After a brief awakening, Japan's Moon lander is out of action again but will resume its mission if...

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Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...

Barnawi’s voyage: First Saudi female astronaut carries dreams of Arab women to space

Two astronauts, Barnawi and Ali Al-Qarni, said that they are fully prepared for their upcoming scientific mission to the International...

UAE sees 20 percent decrease in nitrogen oxide emissions: study

Dubai, UAE-- The UAE has witnessed a 20 percent drop in nitrogen oxide emissions from power generation activities, according to...

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Rise of ChatGPT: GCC might lose 10 million jobs in 5 years

Its transformative power to reshape life has left people awestruck across the world, but the technology that powers ChatGPT might...
  • According to a Goldman Sachs economist, more than 65 percent of occupations will be partially or fully automated in the coming years
  • Critics of generative artificial intelligence that powers chatbots argue that it can never be able to replace the genius of human mind

‘US needs $30bn to seal 14,000 unplugged offshore oil, gas wells’

The cost to secure thousands of inactive oil and gas wells in the US Gulf of Mexico could top $30...
  • The authors of the study said both taxpayers and fossil fuel giants would likely be liable for the costs of plugging and abandoning the wells.
  • The process includes encasing the opening in concrete to stop oil and the potent greenhouse gas methane from leaking out.

Natural capital, conservation should be priority for private sector in region

DUBAI, UAE -  The private sector and financial institutions in the Middle East should enhance reporting by including information about how...
  • The report indicates that almost half of the Middle East's GDP is either highly or moderately dependent on the environment.
  • Middle East faces a number of environmental challenges specific to the region, including scarce water resources and desertification.