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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.

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

Arab nations’ pledge bolsters COP26 message

The UAE, Saudi Arabia, and Egypt have made some strong climate-action pledges at or before COP26.
  • The summit may not achieve its target of reducing carbon emissions by 45 percent by 2030
  • COP26 wants governments to adopt carbon emission targets through 2030

SpaceX blasts off to ISS with US, Russia astronauts on board

Just minutes after the launch, as the rocket soared over the Atlantic, it was moving at a speed of 6,000...

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Saudi astronauts at ISS make amateur Radio Contact with students in kingdom

Riyadh, Saudi Arabia - Saudi astronauts Rayyanah Barnawi and Ali Al-Qarni have used the Amateur Radio on board the International...

Humans must stay in control of AI, European trade union chief warns

BERLIN, GERMANY — No employee should be “subject to the will of a machine”, European trade union chief Esther Lynch...

End of COVID-19 emergency doesn’t end its threat

“The threat of another variant emerging that causes new surges of disease and death remains, and the threat of another...

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Environment ministry reclassifies 64 air quality monitoring stations in UAE

DUBAI, UAE -  As part of the Year of Sustainability initiative, UAE Ministry of Climate Change and Environment (MOCCAE) has...
  • The reclassification is consistent with the UAE's commitment to upholding the highest environmental and climate standards.
  • All government entities involved in managing and operating air quality monitoring stations cooperated in reclassifying 64 stations.

Bahrain, Qatar in focus as UAE astronaut shares unique view of the Gulf from space

Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as...
  • Sultan Al Neyadi, the UAE astronaut, honors Bahrain and Qatar from his orbital viewpoint 400km above Earth, describing them as "two shining pearls"
  • He also plans to celebrate his 42nd birthday by connecting with an audience at UAE University in Al Ain as part of his 'A Call from Space' initiative

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...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.