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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.
  • Politicians fail to understand scientific facts of climate, says expert

    PARIS, FRANCE - Wavering ambition by governments and a growing belief that science is politically subjective are great causes for concern...

    Several extreme weather events have occurred in 2023, which the European Union's climate monitor says is likely to be the hottest in human history.

    These underscores the urgency of slashing planet-heating greenhouse gas emissions to avert the catastrophic impacts of greater global warming.

  • Antarctic sea ice hits lowest winter maximum on record, says data

    WASHINGTON, US -  The sea ice around Antarctica likely had a record low surface area when it was at its maximum...

    The ice pack typically reaches its largest size during the colder winter months, so the September 10 reading will likely remain this year's maximum.

    At its high-point this year, the sea ice was 1.03 million square kilometers smaller than the previous record.

  • NASA capsule brings to Earth first major asteroid sample

    Dugway, United States-- A seven-year space voyage came to its climactic end Sunday when a NASA capsule landed in the desert...

    The sample, according to scientists, will provide a better understanding of the formation of our solar system and how Earth became habitable

    NASA scientist Amy Simon said the sample return is "really historic" and it is the biggest sample NASA has brought back since the Apollo moon rocks

  • Largest asteroid samples brought to Earth

    Scientists hope the samples will provide a better understanding of the formation of our solar system and how Earth became...

    Four years after its 2016 launch, the probe landed on the asteroid Bennu and collected roughly nine ounces (250 grams) of dust from its rocky surface.

    Most of the sample will be conserved for study by future generations. Roughly one-fourth will be immediately used in experiments.

  • 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

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