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ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.

ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

World’s biggest flying lab comes to Asia on air pollution mission

Clark, Philippines - NASA has kicked off a series of marathon flights in Asia with the world's biggest flying laboratory, in...
  • Starting this week in the Philippines, the US agency's DC-8 is flying for up to eight hours at a time, sometimes just 50 feet from the ground, to swoop up air particles for study.
  • Millions of deaths each year are linked to air pollution, and improving the ability to identify its sources and behavior can lead to more accurate warning systems for the public.

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...
  • The unmanned Smart Lander for Investigating Moon (SLIM) touched down last month at a wonky angle that left its solar panels facing the wrong way.
  • As the sun's angle shifted, it came back to life for two days this week and carried out scientific observations of a crater with its high-spec camera.

KACST, ACWA Power sign pact

The aim is to develop technologies for clean energy.
  • The center will conduct studies, scientific research, and work to attain technical development in clean energy and water sector.
  • It will also work in developing solar energy technologies, energy storage technologies to support future energy networks.

‘Game changer’: Gene therapy offers hope for children born deaf

Paris, France - A gene therapy that has allowed several children born deaf to hear for the first time is being...
  • Several medical teams around the world are trialling the procedure, which focuses on a rare genetic mutation that affects only a small number of the 26 million people
  • On Tuesday, the Children's Hospital of Philadelphia revealed that 11-year-old Aissam Dam, who was born deaf, was now "literally hearing sound for the first time in his life."

Deaf boy can now hear after gene treatment

The US hospital which carried out the treatment said the milestone represents hope for patients around the world with hearing...
  • Aissam Dam was born "profoundly deaf" because of a highly rare abnormality in a single gene.
  • Aissam, who was born in Morocco and later moved to Spain, may never learn to talk, as the brain's window for acquiring speech closes around the age of five.

NASA regains contact with mini-helicopter on Mars

Ingenuity, a drone about 1.6 feet (0.5 meters) tall, arrived on Mars in 2021 aboard the rover Perseverance and became...
  • NASA has lost contact with the helicopter before, including for two months last year
  • It previously said that Ingenuity had attained an altitude of 40 feet (12 meters) on Flight 72

NASA loses contact with its mini-helicopter on Mars

WASHINGTON, US - NASA has lost contact with its tiny helicopter Ingenuity during the hard-working craft's 72nd flight, the space agency...
  • In a post on X, NASA's Jet Propulsion Laboratory added that Perseverance was temporarily "out of line-of-sight with Ingenuity.
  • NASA has lost contact with the helicopter before, including for an agonizing two months last year.

Japan literary laureate admits using ChatGPT for her novel

TOKYO, JAPAN - The winner of Japan's most prestigious literary award has acknowledged that about "five percent" of her futuristic novel...
  • The 33-year-old author of Tokyo-to Dojo-to openly admitted that AI heavily influenced her writing process as well.
  • Set in a futuristic Tokyo, the book revolves around a high-rise prison tower and its architect's intolerance of criminals.

Bad day in space: Moon mission fails and NASA program delayed

Astrobotic's Peregrine Lunar Lander blasted off Monday from Florida's Cape Canaveral Space Force Station, then successfully separated from its rocket....
  • NASA has paid Astrobotic more than $100 million to ship scientific hardware to the Moon to answer questions about surface composition and radiation
  • The failure doesn't mean the strategy of ramping up commercial partnerships is innately flawed, Michael Lembeck, a former NASA official turned associate professor said

Private US lunar lander mission imperiled by technical snag

Washington, United States -- An historic private mission to land on the Moon was facing potential failure Monday due to...
  • Astrobotic's Peregrine Lunar Lander blasted off overnight from Florida's Cape Canaveral, then successfully separated from its launch vehicle around an hour later.
  • But teams at ground control found they were unable to point the unmanned spacecraft correctly at the sun.

James Webb Telescope captures first direct image of exoplanet TWA 7b

The telescope, which can see farther into the universe than anything before it, has turbocharged the search for planets beyond...

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Japan puts world’s most accurate clock on sale for $3.3 million

The "Aether clock OC 020" is so precise that it would take 10 billion years for it to deviate by...

Two lunar landings in a week for NASA’s private Moon fleet

Washington, United States -- More than fifty years passed between the last Apollo mission and the United States' return to...

UAE’s satellite, developed by Emirati engineers, launched from California to aid disaster relief and earth observation

With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring,...

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How public-private partnerships can ensure ethical, sustainable and inclusive AI development

Public-private partnerships (PPPs) address AI bias by combining ethical guidelines with technological auditing tools. Governments set accountability frameworks, and companies...
  • The rapid pace of AI development, growing awareness of its societal impact and the need to harness AI for good makes bridging the 'AI divide' essential
  • By collaborating, stakeholders can ensure AI advances responsibly, equitably and for the greater good, helping to build a more just and sustainable future for all

Nobel-winning physicist ‘unnerved’ by AI technology he helped create

Washington, United States - A US scientist who won the 2024 Nobel physics prize for his pioneering work on artificial intelligence...
  • John Hopfield, a professor emeritus at Princeton, joined co-winner Geoffrey Hinton in calling for a deeper understanding of the inner workings of deep-learning systems
  • With the meteoric rise of AI - and the fierce race it has sparked among companies - the technology has faced criticism for evolving faster than scientists can fully comprehend

Imam Turki bin Abdullah Royal Reserve: A hub for over 40,000 beehives

The reserve is a sanctuary for plant life, home to over 180 recorded species, making up 7.5 percent of the...
  • Imam Turki bin Abdullah Royal Reserve hosts more than 40,000 beehives across 400 sites
  • The beekeepers expressed their appreciation to the reserve authorities for the vital support provided