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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.

Arab world warming up to data analytics: Expert

Data analysts are already helping businesses set marketing strategies, explains Jadd Elliot Dib, founder and CEO of Pangaea X.
  • Through data analytics, SMEs can get a better understanding of their customers behavior
  • Big Data has the ability to positively impact all industries in the region by creating new revenue streams

Five billion could struggle to access water in 2050: UN

Already in 2018, 3.6 billion people had inadequate access to water for at least one month per year, and only...
  • Over the last 20 years, the levels of water stored on land had dropped at a rate of 1 cm per year
  • This includes water on the surface, in the subsurface, in snow and ice

UAE spacecraft to explore asteroid belt beyond Mars

The United Arab Emirates will launch a spacecraft to explore a major asteroid belt between Mars and Jupiter, officials said...
  • In September 2019, the oil-rich country sent the first Emirati into space
  • The UAE also has plans to send an unmanned rover to the moon by 2024

Nobel Prize in Physics rewards climate research

The Nobel Physics Prize has been awarded for ‘groundbreaking contributions to our understanding of complex physical systems.’
  • Syukuro Manabe demonstrated how increased levels of carbon dioxide in the atmosphere lead to increased temperatures
  • Klaus Hasselmann created a model that linked together weather and climate, thus explaining why climate models can be reliable

UAE, Saudi Arabia lead regional innovations

The Arab countries have their own share in terms of investment in innovations with the UAE and Saudi Arabia leading...
  • Despite human and economic toll of the COVID-19 pandemic, investments in innovation have increased in parts of the world
  • The UAE ranks first among the top 12 most innovative Arab countries in 2021 and 33rd in the world, according to the Global Innovation Index

World airlines commit to ‘net zero’ CO2 emissions by 2050

The world's airlines made a joint pledge Monday to reach "net zero" CO2 by 2050, as the aviation industry ramps...
  • "The important decision that we must make today will secure the freedom to fly for future generations"
  • IATA represents 290 member airlines comprising 82 percent of pre-pandemic global air traffic

TRSDC of Saudi Arabia partners with an Austrian biotech firm to produce seafood

The Red Sea Development Company (TRSDC) of Saudi Arabia has partnered with an Austrian biotechnology firm, Blue Planet Ecosystems (BPE),...
  • "The initiative is in response to “growing consumer demand for sustainable protein”
  • BPE will specifically provide the Land-based Automated Recirculating Aquaculture (LARA) system, which mimics a natural aquatic ecosystem

American scientist duo wins Nobel in medicine

They will share the Nobel Prize cheque for 10 million Swedish kronor ($1.1 million, €1 million).
  • The scientists had won the prize for discoveries on receptors for temperature and touch
  • In essence they discovered how humans, for instance, feal the warmth of the sun or when they touch something hot

‘Mad’ Israeli quest to revive ancient dates bears fruit

A project has managed to grow date palm trees from 2,000-year-old seeds found near the Dead Sea.
  • Samples of the dates from the trees will be available for sale soon, said the team that grew the trees
  • They used an enzyme-based fertilizer to grow the plants, ruling out the use of any man-made chemicals

R&D in Arab world: Challenges and successes

Raging political crises across the region have negatively impacted the economies of several countries. Consequently, spending on research has barely...
  • Jordan's ratio of researchers to its citizens was 150 percent of that of its closest competitors.
  • Saudi Arabia spared the highest--$12.5 billion--funds for research and development in the Middle East and Africa Region,

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...

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MoHAP inks deal with Coursera to upgrade skills of employees

The agreement also provides for the creation of a cohesive relationship between the ministry's strategic priorities and training needs, as...

UAE’s Sultan AlNeyadi achieves groundbreaking milestone as first Arab to perform spacewalk

The mission objectives included crucial tasks such as routing power cables and retrieving a Radio Frequency Group unit, contributing to...

Rashid 2: UAE plans new lunar mission

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum visited the MBRSC and met the team behind the UAE’s first attempt...

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Tokyo firm loses contact with lander carrying UAE’s moon explorer

The UAE-made Rashid Rover aboard the Hakuto Mission 1 Lunar lander was nearing its destination on the Moon when the...
  • The lander was travelling at around 16 mph (25 kph) at the time of the communication blackout.
  • The mission control team is still trying to locate and confirm the status of the lander.

UAE Spacecraft captures close-up images of Mars’ little moon

The findings were presented Monday at the European Geosciences Union's general assembly in Vienna. They challenge the leading theory that...
  • The spacecraft flew within 100 kilometers (62 miles) of Deimos in March, capturing close-up shots of its odd-shaped, cratered surface
  • These images offer scientists a more detailed understanding of Deimos, which is just 15 kilometers by 12 kilometers by 12 kilometers in size

Scientists develop mobile printer for mRNA vaccine patches

While many hurdles remain and the 3D printer is likely years away from becoming available, experts hailed the "exciting" finding....
  • These "microneedle patches" offer a range of advantages over traditional jabs in the arm, including that they can be self-administered.
  • Mice which were given a vaccine patch produced a similar level of antibody response to others immunized via a traditional injection,.