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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.

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....

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Dubai Chamber reviews software development, Artificial Intelligence sector

DUBAI, UAE - Dubai Chamber of Digital Economy highlighted software development and artificial intelligence (AI) industry in its 10th session...

Saudi Arabia presides over CSTD session to advance science, technology

Riyadh, Saudi Arabia--Saudi Arabia has presided over the 26th session of the Commission on Science and Technology for Development (CSTD)...

NASA, Boeing set to launch of Starliner space capsule in July

The spacecraft is to launch into space on an Atlas V rocket made by United Launch Alliance from Cape Canaveral in Florida....

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UAE launches National Genome Strategy for healthcare efficiency

Genome programs will also help create new economic opportunities in the UAE by attracting partnerships in fields such as artificial...
  • The strategy will also support doctors in taking proactive steps to reduce the prevalence of certain diseases, enable early intervention.
  • UAE aims to collect one million whole genome sequencing data samples nationwide, said Sara bint Yousef Al Amiri, Secretary-General of the Emirates Genome Council.

Cancer-causing compounds found in everyday food

The 10 nitrosamines -- which are not intentionally added to food but which can form during its preparation and processing...
  • Nitrosamines have been detected in foods including cured meat, processed fish, cocoa, beer and other alcoholic drinks, the EFSA said.
  • The agency advised a balanced diet with a wide variety of foods to reduce consumption of nitrosamines.

Big asteroid to zoom between Earth and Moon

The asteroid, named 2023 DZ2, is estimated to be 40 to 70 metres wide, roughly the size of the Parthenon,...
  • At 19:49 GMT on Saturday the asteroid will come within a third of the distance from Earth to Moon, said Richard Moissl, the head of the ESA's planetary defence office
  • The asteroid will again swing past Earth in 2026, but poses no threat of impact for at least the next 100 years -- which is how far out its trajectory has been calculated