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Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

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.

Vaping: lighting up, stubbing out

Developed in 2003 by the Chinese pharmacist Hon Lik, concerns are growing over the risk of teens becoming hooked on...
  • The birth of vaping comes in the year that Ireland bans smoking in workplaces, including pubs and restaurants, sparking a global clampdown on smoking indoors.
  • Many doctors welcome the devices, which are tar-free, as a potential lifesaver in the fight against cancer, heart disease, strokes and other diseases.

Saudi Space Agency, US Sierra Space partner to develop national capabilities

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) signed a memorandum of understanding (MoU) with Sierra Space, a leading...
  • The memorandum was signed by SSA CEO, Dr Mohammed bin Saud Al-Tamimi, and Sierra Space CEO, Tom Vice
  • The signing ceremony was attended by the Saudi Minister of Communications and Information Technology Eng. Abdullah bin Amer Al-Sawaha

Europe’s largest nuclear reactor malfunctions again

Helsinki, Finland - Finland's Olkiluoto 3, the largest nuclear reactor in Europe, stopped production on Wednesday after a test caused the plant unit...
  • Before production was interrupted at 1:35 pm (1135 GMT), Olkiluoto 3 was undergoing a fault ride-through test where a short circuit is created near the power plant
  • The reactor only resumed production last Wednesday following a shutdown due to a malfunctioning temperature measurement in the generator's cooling system

Copenhagen’s frozen library of ancient ice tells tales of climate’s past

Copenhagen, Denmark - How was the air breathed by Caesar or Christopher Columbus? A giant freezer in Copenhagen holds the answers,...
  • The Ice Core Archive, housing 25 kilometers (15 miles) of ice collected primarily from Greenland, is helping scientists understand changes in the climate
  • The most recent ones date from this summer, when scientists hit the bedrock on eastern Greenland at a depth of 2.6 kilometers, gathering the oldest ice possible

Progress in Starship test launch, but ship and booster explode

"Such an incredibly successful day," a SpaceX announcer said. "Even though we did have a… rapid unscheduled disassembly of both...
  • Unlike the previous such attempt in April, the booster rocket separated successfully from the mega ship, but then blew up, followed shortly by the spaceship itself
  • Bill Nelson, head of the NASA space agency, which is awaiting a modified version of Starship to land humans on the Moon, said Saturday's attempt showed progress.

Bayanat, Yahsat, ICEYE increase Middle East satellite fleet to 7

Abu Dhabi, UAE – Bayanat, a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company (Yahsat), the...
  • The expansion of the constellation means that orbiting satellites will revisit the Middle East more frequently
  • Using radar signals rather than light, the SAR satellite images deliver persistent monitoring of specific locations on the Earth’s surface

Dubai witnesses green transit revolution

Dubai is actively implementing climate adaptation strategies and technologies in transportation and infrastructure to mitigate climate change effects and enhance...
  • By the end of the decade, the emirate aims to have 10% of public buses run on hydrogen or electric powered, ramping up to 20% by 2035, 40% by 2040, 80% by 2045
  • According to Sandalkhan, of BCG, Dubai aims to set a global standard in eco-friendly transportation and RTA's 2050 Zero-Emissions plan reflects that ambition

Elusive echidna rediscovered in Indonesia

The Zaglossus attenboroughi, a kind of long-beaked echidna named for famed British naturalist David Attenborough, had last been seen in...
  • The Attenborough long-beaked echidna has never been recorded outside the extremely remote Cyclops Mountains of Indonesia's Papua region.
  • In addition to the rediscovered echidna, the team found a kind of honeyeater bird not recorded since 2008, and a slew of underground species that are new to science.

European Euclid space telescope unveils first images

Darmstadt, Germany - The first images from Europe's Euclid space telescope were released on Tuesday, showing a nebula resembling a horse's...
  • Euclid blasted off in July on the world's first-ever mission aiming to investigate the enduring cosmic mysteries of dark matter and dark energy.
  • The first five images were unveiled during a press conference at the European Space Operations Centre in Darmstadt, Germany.

Robot maker dreams of turning sci-fi into reality

Ryo Yoshida's monster-sized drivable robot is hard to park and the $3-million price tag will crush most wallets.
  • An imposing 14.7 feet high and weighing 7,716 pounds, "Archax" can be moved and operated by a pilot who clambers up to the high-tech cockpit.
  • When manoeuvered in the vehicle mode, "Archax" is capable of moving at 10 kilometers (six miles) per hour, according to the company.

More microplastics in glass bottles than plastic

For water, both flat and sparkling, the amount of microplastic was relatively low in all cases, ranging from 4.5 particles...

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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...

After AI, quantum computing eyes its ‘Sputnik’ moment

Cambridge, United Kingdom - Quantum computing promises society-changing breakthroughs in drug development and tackling climate change, and on an unassuming English...

Dubai-based rowers brave Arctic this July to highlight plastics pollution

At an indoor pool in Dubai, three rowers battle artificial rain and simulated waves as they train for an Arctic...

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NYUAD and Dolphin Energy sign agreement to boost research into climate change

Abu Dhabi, UAE--A unique national capacity-building fellowship model offering outstanding Emirati graduates the opportunity to gain experience in a cutting-edge...
  • A research assistant at NYU Abu Dhabi, Maryam Al-Memari, has been named the inaugural Dolphin Energy Fellow
  • The fellowship is a three-year, individually tailored, intensive programme designed for Emirati early career researchers

Gemini’s inaccurate AI racial images warn of tech titans’ power

AUSTIN, US – For people at the trend-setting tech festival here, the scandal that erupted after Google's Gemini chatbot cranked out...
  • Gaffes such as the images of ethnically diverse Nazi troops forced Google to temporarily stop users from creating pictures of people.
  • Social media users mocked and criticized Google for historically inaccurate images, like those showing a female black US senator from the 1800s.

SpaceX poised for third launch test of Starship megarocket

Two previous attempts have ended in spectacular explosions, though that's not necessarily a bad thing: the company has adopted a...
  • Blastoff from the company's launch site in southeast Texas can occur beginning at 7:00 am local time (1200 GMT), after the Federal Aviation Administration
  • When the two stages of Starship are combined, the rocket stands 397 feet (121 meters) tall -- beating the Statue of Liberty by a comfortable 90 feet