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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

World must understand AI, curb its risk, says UK Deputy PM

NEW YORK, US - The United Kingdom will be holding a summit on artificial intelligence (AI) so that nations can...
  • UK Deputy PM said that a summit, set for November, will aim to preempt the risks posed by frontier AI and explore how it can be used for public good.
  • One of the concerns highlighted by the Deputy Prime Minister is the unprecedented speed at which AI is evolving having far-reaching implications.

Abu Dhabi Crown Prince attends reception for astronaut Al Neyadi

Abu Dhabi, UAE - Crown Prince of Abu Dhabi Sheikh Khaled bin Mohamed bin Zayed Al Nahyan attended a reception for...
  • Sheikh Khaled congratulated Sultan Al Neyadi and other members of the family on the success of the historic mission
  • He also praised the work of the Mohammed bin Rashid Space Centre in planning the mission and ensuring its success

MBRSC key in elevating UAE’s space exploration status

"With the successful accomplishment of Sultan Al Neyadi’s mission to space, the Mohammed bin Rashid Space Centre has completed another...
  • Sheikh Hamdan praises MBRSC team for ensuring Sultan Al Neyadi's mission success
  • 'Zayed 2' mission showcases Emirati capabilities and marks a significant milestone, he adds

UAE spending in space sector surges by 6.6%: survey

Dubai, UAE - The total spending in the UAE's space sector witnessed a 6.61 percent increase compared to the previous...
  • The survey highlighted a 14.8 percent rise in research and development (R&D) spending
  • It also revealed an 83.6 percent increase in scientific publications related to the space sector

‘Missing ingredient’ for pink diamonds found

Paris, France -- Scientists said on Tuesday they have found the "missing ingredient" for pink diamonds, some of the world's most...
  • More than 90 percent of all the pink diamonds ever found were discovered at the recently closed Argyle mine in the remote northwest of Australia.
  • By measuring the age of elements in the crystals, the researchers determined that Argyle was 1.3bn years old -- meaning the diamonds came up 100m years later than thought.

UAE celebrates astronaut Sultan Al Neyadi’s homecoming

The UAE president and the ruler of Dubai spent time in conversation with Al Neyadi – accompanied by his father...
  • Sheikh Mohamed and Mohammed bin Rashid greeted Al Neyadi upon his arrival at the new Abu Dhabi International Airport following a flight from the US
  • Sultan Al Neyadi presented the President with a UAE flag that had accompanied him throughout his 186-day mission to the International Space Station

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...
  • WHO chief said he had already written to China asking "to give us information " and for the organization to send a team "if they allow us to do so".
  • He said WHO would not abandon its investigation and has called on China for transparency in sharing data and carrying out investigations.

UAE and Russia look to boost ties in education, space, scientific research

Moscow, Russia--The UAE and Russia are looking to strengthen the bilateral cooperation in higher education, scientific research, space, and engineering...
  • Ahmad Belhoul Al Falasi, Minister of Education, and Valery Falkov, Minister of Science and Higher Education of Russia, held discussions to boost cooperation in many sectors
  • The UAE minister visited the Moscow State Technical University, where he saw its research centres and learnt about the latest scientific and engineering tech solutions

NASA to publish long-awaited UFO report

An independent team of 16 researchers shared their preliminary observations in May, finding that existing data and eyewitness reports are...
  • NASA announced last year it was reviewing evidence regarding unidentified anomalous phenomena, or UAPs - which has replaced the term "UFO" in official parlance
  • The United States government has begun taking the issue of UAPs more seriously in recent years, in part due to concerns that they are related to foreign surveillance

ChatGPT diagnoses ER patients ‘like a doctor’

During a study in Netherlands, the chatbot outperformed doctors in some cases. At the same time, it showed some limitations.
  • The chatbot's reasoning was "at times medically implausible or inconsistent, which can lead to misinformation or incorrect diagnosis, with significant implications".
  • The findings -- published in the medical journal Annals of Emergency Medicine -- will be presented at the European Emergency Medicine Congress (EUSEM) 2023 in Barcelona.

First orbital rocket launched from Europe crashes seconds after blast-off

Oslo, Norway -- The first orbital rocket launched from continental Europe crashed seconds after blast-off Sunday, in a closely watched...

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Japan’s Moon craft SLIM revives after lunar night

TOKYO, JAPAN – Japan's Moon lander has produced another surprise by waking up after the two-week lunar night, the country's space...

US lunar landing a ‘historic achievement’, says Biden

Washington, US - President Joe Biden on Saturday hailed the landing of a US spacecraft on the Moon as a historic...

American spaceship lands on moon, images expected soon

The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...

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What to know about the NASA-funded commercial Moon fleet

Washington, United States - The year 2024 promises to be a busy one for American Moon landings, all under a new...
  • Fourteen companies have been pre-selected to be in the running for contracts, with eight firm missions so far planned
  • Many of the companies involved are considered fledging, rather than legacy aerospace giants, reflecting the initiative's experimental nature

US private firm targets moon landing

Intuitive Machines, the Houston company, hopes to become the first non-government entity to achieve a soft touchdown on the Moon.
  • The hexagonal-shaped Nova-C lander named "Odysseus" had been set to blast off on top of a SpaceX Falcon 9 rocket from the Kennedy Space Center in Florida
  • But NASA said the launch was postponed due to "off-nominal methane temperatures prior to stepping into methane load," according to a post on social media platform X

World’s biggest flying lab comes to Asia on air pollution mission

Clark, Philippines - NASA has kicked off a series of marathon flights in Asia with the world's biggest flying laboratory, in...
  • Starting this week in the Philippines, the US agency's DC-8 is flying for up to eight hours at a time, sometimes just 50 feet from the ground, to swoop up air particles for study.
  • Millions of deaths each year are linked to air pollution, and improving the ability to identify its sources and behavior can lead to more accurate warning systems for the public.