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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.

Olive growers in Holy Land at the mercy of climate change

During the recent olive harvest, Palestinian farmer Dalal Sawalmeh raked her fingers through the silvery green leaves of her family's...
  • Like many farmers across the occupied West Bank, Gaza Strip and Israel, she blames climate change for impacting the iconic gnarled trees
  • This year her trees produced less than half their usual yield and "not all the trees bore fruit"

Ten global firms launch the Alliance for Clean Air

The first global corporate effort to tackle air pollution was launched today, named the Alliance for Clean Air, bringing together...
  • Ten companies are committing to measuring their air pollution footprint and creating clear, actionable plans to help deliver clean air
  •  In 2019, it was the fourth leading risk factor for early death worldwide, surpassed only by high blood pressure, tobacco use and poor diet

Augmented reality: an early taste of the metaverse?

The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical...
  • Augmented Reality is believed to be the early stage of the metaverse envisioned by Facebook.
  • With AR, you put on a device and you're still in your world, but we're augmenting it with digital content, says Peggy Johnson, CEO of Magic Leap

US approves Pfizer’s Covid vaccine for children aged 5-11

The United States can now start giving children aged 5-11 the Pfizer-BioNtech Covid vaccine, US health authorities said Tuesday in...
  • Days after gaining authorization from the Food and Drug Administration, the vaccine was endorsed by the Centers for Disease Control and Prevention
  • The government was well ahead of the decision, procuring enough doses for the children in the 5-11 age group

IMF head urges COP26 to ramp up climate action

The world is at a turning point on climate change. IMF chief Kristalina Georgieva has urged world leaders at the...
  • The IMF chief has urged world leaders to make strong policy on climate change, calling it a grave threat
  • Kristalina Georgieva said in a blog that global policies will leave 2030 carbon emission far higher than needed to achieve current goals

Dubai to plant more mangrove trees to preserve coastline

Dubai Municipality has begun a new drive to plant mangrove trees in Dubai’s natural reserves as part of its efforts...
  • Dubai Municipality will start planting mangrove trees in its marine reserves in Ras Al Khor and Jebel Ali
  • These trees will be planted in areas that are not exposed to waves, such as shallow areas and creeks, where the tidal rate does not exceed 1-2 meters

Qatar plans to reduce 25% greenhouse emissions by 2030

The 25 percent reduction would equal to a dip of 37 Mat CO2 eq by 2030, according to national figures,...
  • The reduction said to be part of the National Climate Change Action Plan to reduce emissions in Qatar
  • The plan is expected to take Qatar closer to achieving its sustainable development goal by 2030

Saudi Arabia joins space-based climate monitoring effort

The move comes barely days after the country announced during the Saudi Green Initiative forum that it aims to achieve...
  • Saudi Space Commission has signed the joint international statement on space monitoring of the climate
  • The signing took place at the headquarters of the Saudi pavilion at Expo 2020 Dubai

TII of Abu Dhabi partners with top institutes on mesh projects

Technology Innovation Institute (TII) has announced that its Secure Systems Research Centre (SSRC) has partnered with three universities on secure...
  • Mesh network is a network topology in which the infrastructure nodes connect directly, dynamically, and non-hierarchically to as many other nodes as possible
  • The project is set to strengthen the security of the Mesh network technology that TII is currently developing

Pyypl, Ripple launch on-demand liquidity service in Middle East

ODL uses XRP for instant, low-cost cross-border payments.
  • ODL is the process of buying and selling XRP in originating and destination countries
  • XRP is the native cryptocurrency of products developed by Ripple’s creator Ripple Labs

Japan’s Moon craft SLIM revives after lunar night

TOKYO, JAPAN – Japan's Moon lander has produced another surprise by waking up after the two-week lunar night, the country's space...

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Soaring success: First Saudi astronauts reach space

A SpaceX capsule carrying two Saudi astronauts docked with the International Space Station on Monday, as part of a private...

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...

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...

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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...
  • Two astronauts said that they are fully prepared for their upcoming scientific mission to the International Space Station (ISS) which is scheduled on May 21
  • Ali Al-Qarni, a pilot in the Saudi Air Force, said that his scientific knowledge would allow him to work on the cloud-seeding experiment in space

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...
  • The findings of the study corresponds with the "National Air Quality Agenda 2031," introduced by the Ministry of Climate Change and Environment
  • The UAE aims to lower pollution, improve air quality, foster a safe and healthy environment, and enhance the overall quality of life

‘Super-sized’ cosmic explosion dwarfs solar system

Astronomers have observed a fireball 100 times the size of our solar system that suddenly began blazing in the distant...
  • The explosion is not the brightest flash ever observed in the universe and that record is still held by a gamma-ray burst in October that was nicknamed BOAT
  • The only somewhat comparable bright cosmic event is a quasar, when supermassive black holes swallow huge amounts of gas in the centre of galaxies