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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.

UAE sends 300,000 COVID-19 vaccine doses to Comoros

An aircraft loaded with the supplies, which also included 600,000 injection needles, left the UAE for Comoros on Tuesday.
  • With a population of nearly 890,000, Comoros has seen 4,031 cases of Covid-19 infection
  • A total of 147 of these infections resulted in death, most of them in January-February this year

Egypt receives first shipment of J&J vaccine

Egypt has received its first shipment of J&J vaccine to inoculate Egyptians against Covid. The Ministry of Health stated that...
  • Monday’s doses to be distributed to 126 centers designated to vaccinate people wanting to travel abroad
  • The shipment consisted of 261,600 doses of the vaccine

Bombshell UN climate change report shows global warming accelerating

Years in the making, the sobering United Nations report approved by 195 nations shines a harsh spotlight on governments dithering...
  • The report shines a harsh spotlight on governments dithering in the face of mounting evidence that climate change is an existential threat
  • Scientists are observing changes in the Earth’s climate in every region & across the whole climate system

Covid infects unvaxxed Saudis galore

Saudi Arabia’s health officials are warning people that Covid-19 was spreading rapidly among unvaccinated in the kingdom.
  • Transmission among unvaccinated people increases the possibility of new versions or variants, which have prolonged the pandemic
  • The kingdom announced 14 deaths from COVID-19 on Friday bringing the national death toll to 8,311

Egypt to have covid vaccine galore

Egypt will have Covid vaccines galore as it is set to receive shipments of AstraZeneca’s and J&J’s vaccines next week....
  • Johnson & Johnson vaccine is being provided in cooperation with the African Union
  • As part of the health ministry's plan to expand the provision of vaccines, it is scheduled to receive the Pfizer vaccine later this month

UAE to give Covid booster shots to all double-jabbed people

The National Emergency Crisis and Disaster Management Authority (NCEMA) said on Tuesday that everyone who has had two shots of...

Saudis set sights on space, seek partners for their program

Saudi Arabia has decided to put its space program high on the list of its agenda, and in this regard...

Covid returns to China’s Wuhan: Global Delta variant woes mount

A resurgent virus has returned with a vengeance, buoyed by stalling vaccination rates and deadly new mutations.

Boeing attempts uncrewed test flight to ISS a second time

The spaceship is due to launch on an Atlas V rocket built by the United Launch Alliance from Cape Canaveral...

UAE children aged 3-17 to receive Chinese Sinopharm vaccine

The UAE has decided to inoculate children between the ages of 3 and 17 with Chinese Covid-19 vaccine Sinopharm. Children...

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...

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Arada to create Middle East’s first new sustainable water treatment

SHARJAH, UAE- Arada is investing in a new research and development (R&D) facility here, bringing a new form of sustainable...

New tech taps oceans to tackle global warming

Scientists from University of California Los Angeles are working on a project aimed at using the oceans as a big...

Saudi Crown Prince meets astronauts prior to their space trip

Jeddah, Saudi Arabia - Saudi Crown Prince Mohammed bin Salman bin Abdulaziz on Monday  met the Saudi astronauts: Rayana Bernawi,...

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G7 starts ‘difficult’ climate talks on fossil fuel commitments

Sapporo, Japan--G7 allies kicked off two days of "difficult" climate talks in northern Japan on Saturday, facing pressure to show progress...
  • Differences have deepened among the group as the energy crisis caused by the Ukraine war squeezes G7 countries
  • The G7 climate statement draft, seen by AFP, recognizes the primary need to accelerate the clean energy transition

3D-printed rocket maker to focus on bigger vehicle for commercial launches

Terran 1 was made using the world's largest 3D metal printers and was powered by engines using liquid oxygen and...
  • Relativity Space said it was shifting its focus from Terran 1 to a larger, reusable 3D-printed rocket known as Terran R, which is scheduled to launch in 2026
  • Relativity Space has signed commercial launch contracts worth $1.65 billion for the Terran R, according to Ellis, who co-founded the company in 2015

UAE’s Rashid Rover to land on Moon on April 25

The Mohammed Bin Rashid Space Center in UAE said that Rashid Rover, onboard the HAKUTO-R Mission 1 Lunar Lander, is...
  • During the landing sequence, the Lander will perform a braking burn, firing its main propulsion system to decelerate from orbit.
  • Utilizing a series of pre-set commands, the Lander will adjust its altitude and reduce velocity to make a soft landing.