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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.

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.

Error-prone AI chatbot dog leads Japan’s elderly astray

Tokyo, Japan - A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is...
  • Powered by generative artificial intelligence, "Dai-chan" was this year launched by Osaka authorities who called it the first of its kind in Japan
  • But the chatbot, which features a Shiba Inu cartoon dog and answers in the Osaka dialect, has shown itself far from faithful to the truth

Swedish researchers find snoozing in the morning isn’t bad

Stockholm, Sweden - You snooze, you lose? Swedish researchers said Wednesday that might not be the case, after their study even...
  • Researchers at Stockholm University found that in general younger people were the ones snoozing and they were to a high degree night owls.
  • In a second study, the researchers found that most of the respondents who snoozed for half an hour managed to get a lot of sleep during that half hour even though it was disturbed.

NASA to unveil first images of historic asteroid sample

OSIRIS-REx wasn't the first mission to rendezvous with an asteroid and bring back samples for study -- Japan succeeded in...
  • The OSIRIS-REx mission collected rock and dust from the asteroid Bennu in 2020, and a capsule containing the precious cargo successfully returned to Earth
  • The space agency will hold a live streamed news conference at 11:00 am Eastern Time (1500 GMT) to share photographs and preliminary scientific analysis

Astronomers discover blazing Betelgeuse has companion star

Paris, France - Since at least the time of the ancient Egyptians, people across the world have gazed up in...

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UAE’s satellite, developed by Emirati engineers, launched from California to aid disaster relief and earth observation

With cutting-edge features like high-resolution imaging and electric jet propulsion, MBZ-SAT will enhance environmental surveillance, disaster management, and infrastructure monitoring,...

Saudi Space Agency launches ‘Space Futures Centre’

Riyadh, Saudi Arabia - The Saudi Space Agency (SSA) announced Sunday the launch of the Centre for Space Futures, the...

How public-private partnerships can ensure ethical, sustainable and inclusive AI development

Public-private partnerships (PPPs) address AI bias by combining ethical guidelines with technological auditing tools. Governments set accountability frameworks, and companies...

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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...
  • Imam Turki bin Abdullah Royal Reserve hosts more than 40,000 beehives across 400 sites
  • The beekeepers expressed their appreciation to the reserve authorities for the vital support provided

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...
  • The founder of Cambridge-based Riverlane, Steve Brierley, predicts that the technology will have its "Sputnik" breakthrough within years
  • "Quantum computing is not going to be just slightly better than the previous computer, it's going to be a huge step forward," he said

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...
  • They plan to row for three weeks aboard an eight-meter boat flying the UAE flag, with no sail or engine
  • The United Nations says plastics account for 85 percent of all marine trash