Search Site

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

IHC Q1 net profit $2.17bn

The company launches Share Buyback Programme

Israel, UAE invite joint research proposals from varsities, research institutes

This joint call for proposals is a result of an MoU signed by the governments of UAE and Israel in October 2021
  • Successful proposals will be selected by a joint UAE-Israel committee, which will choose one project to be funded.
  • The selected research project will receive $200,000 of funding from the UAE Space Agency and Israel Space Agency.

The UAE and Israel are inviting universities and research institutes in both countries to submit joint research proposals based on data collected from an Israeli Vegetation and Environment Monitoring New Micro Satellite, which monitors the environment and vegetation on earth.

The UAE Space Agency, Israeli Ministry of Innovation, Science and Technology and the Israel Space Agency are the agencies inviting the institutes.

This joint call for proposals is an outcome of the Memorandum of Understanding (MoU) signed by the governments of UAE and Israel in October 2021, in Dubai.

The proposals will form part of the Environment Monitoring Joint Research Project, an earth observation program that collects data using space-based remote sensing, which plays a crucial part in valuable scientific research about our planet.

Using various sensors, the method enables monitoring and exploration of different phenomena and fosters better water resources monitoring, precision agriculture, vegetation exploration, land mapping and more.

The selected research project, which will receive $200,000 of funding from the UAE Space Agency and Israel Space Agency, will leverage big data analytics, informatics, and related techniques to expand humanity’s collective scientific knowledge about earth and how we can live more sustainably.

Successful proposals will be selected by a joint UAE-Israel committee, which will choose one project to be funded.

“Global collaboration is key to leveraging space to protect our planet. By partnering alongside other leading nations in the space sector, we are contributing to expanding the global base of scientific knowledge to help humanity develop solutions to its greatest challenges,” said Sarah bint Yousif Al Amiri, Minister of State for Advanced Technology and Chairwoman of the UAE Space Agency.

Orit Farkash-Hacohen, Israel’s Minister of Innovation, Science and Technology, said, the joint research will help advance shared issues between the UAE and Israel, including those in the field of agri-tech, climate change and others.”