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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.

Boursa Kuwait launches ESG reporting guide

Through it, the bourse aims to drive the embrace of Corporate Sustainability in the Kuwaiti capital market.
  • The guide will introduce the ESG universe to companies listed on the stock exchange
  • It will also highlight the benefits of ESG disclosure and best practices

UAE, Brazil discuss cooperation in space field

UAE’s Ambassador to Brazil, Saleh Ahmed Al Suwaidi, discussed the ties with Brazilian space agency AEB’s President Carlos Moura. He...
  • The two countries discussed various possible areas for cooperation in the space sector
  • Brazil also thanked the UAE for its inclusion of space-science topics in Expo 2020 Dubai

Success rocks: NASA’s US$2.75bn Perseverance ‘pays’

The rover succeeds in its second attempt to scoop up a piece of Martian rock for future analysis by scientists...
  • The rover succeeds in its second attempt to scoop up a piece of Martian rock for future analysis by scientists on Earth
  • Perseverance, NASA's latest Mars rover, had landed on the planet's Jezero crater in February

Global cost of dementia to cross $1.7trn by 2030

The disease, which robs people of their "memories, independence and dignity", is on the rise worldwide but few countries are...
  • Figure is set to rise to 78 million by 2030 and 139 million by 2050 as the population grows older
  • Yet only a quarter of countries worldwide have a national strategy for supporting people with dementia and their families

Depleting seagrass: Experts sound alarm

Named posidonia oceanica -- or "Neptune grass" -- for the Greek god of the seas, the plant covers at least...
  • Named posidonia oceanica -- or "Neptune grass" -- for the Greek god of the seas, the plant covers at least one million hectares of the Mediterranean seabed
  • Neptune grass meadows have long fallen prey to boating activity, with official figures estimating some 7,500 hectares in damage along the French coastline alone

Yemen receives first shipment of J&J Covid vaccine

Yemen is desperately short of Covid vaccines to inoculate its population, with as little as one percent of its population...
  • This shipment is the first batch of a total of 504,000 doses
  • Roughly one percent of the population is vaccinated

Abu Dhabi directs residents to take Covid booster shots

Residents of Abu Dhabi have been directed to take a booster shot of the Sinopharm Covid vaccine by September 20,...
  • The booster dose must be taken to enhance immunity and comply with approved health protocol
  • Those who don’t receive the third jab will lose their green status on the UAE’s Al-Hosn App

Water woes push GCC leaders to act

The Arab world may be awash in oil and other minerals, but it is lacking in that one commodity upon...
  • The GCC region is suffering from a water deficit of 20 billion cu m as of 2018 and it is likely to touch 50 billion cu m by 2030
  • This has made water more precious than the fossil fuels in the region and several companies are engaged in mineral water production

UAE begins Unit 2 of Barakah Nuclear Power Plant

The United Arab Emirates has unveiled Unit 2 of the Barakah Nuclear Energy plant, located in Abu Dhabi’s Al Dhafra...
  • Unit 2 will be connected to the national electricity grid in the coming months
  • When fully operational, the four units of the plant will produce 5.6 GW of electricity while preventing the release of more than 21 million tons of carbon emissions every year

Could bats hold the secret to healthy ageing?

Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans
  • Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans
  • Bats not only live longer than other animals of their size, they also stay healthy longer

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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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....

SpaceX rocket leaves trail of debris, craters at Texas base

During takeoff, SpaceX video showed a hail of debris being blasted as far as the Gulf of Mexico, over 1,400...

Air pollution causes more than 1,200 deaths a year: EU agency

The EU environmental agency said that air pollution is responsible for causing more than 1,200 premature deaths a year in...

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Discover first Arab lunar mission in augmented reality

The Mohammed Bin Rashid Space Centre and Atlantic Productions make the Rashid Rover's journey to the moon exciting with a...
  • Join the Rashid Rover on its epic mission to the moon, and rediscover the thrill, excitement and pure magic of space exploration from the comfort of your own home
  • This interactive educational AR experience available in both iPhone and Android phones is designed to inspire curiosity about space, science, and technology in people of all ages

SpaceX Starship, world’s biggest rocket, explodes during first flight test

Starship, the most powerful rocket ever built, exploded during its first flight, but Elon Musk congratulated his SpaceX team on...
  • The Starship spacecraft that will eventually carry crew and cargo had been scheduled to separate from the first-stage rocket booster three minutes into the flight.
  • Despite the failure to complete the full 90-minute flight test and reach orbit, SpaceX and Musk, the founder and CEO of the private space company, declared it a success.

Pacific solar eclipse dazzles stargazers

Parts of Australia, Indonesia and East Timor were plunged into daytime darkness, delighting curious onlookers. On Australia's northwest tip, the...
  • While fun and perhaps moving for spectators, the eclipse gave scientists a chance to observe the sun's corona, which is usually obscured by its bright rays.
  • The stargazers observed the rare phenomenon by using anti-UV glasses distributed by astronomy groups, while others lined up to use telescopes provided by a university.