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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.
  • Two UAE astronauts conduct spacewalk training at NASA’s neutral buoyancy lab

    Houston, United States - As part of NASA’s 2021 astronaut candidate class training programme, Emirati astronauts Nora Al Matrooshi and...

    AlMatrooshi and AlMulla’s training in the NBL, the world's largest indoor pool used for simulated spacewalk is a crucial phase on the way to completing their astronaut training

    Spacewalks are a cornerstone of both current and future space exploration missions, making the Emirati astronauts training at the NBL vital to their future role in space missions

  • Russia launches first Moon mission in nearly 50 years

    The spacecraft, which will remain on the Moon for a year, will be tasked with "taking (samples) and analysing the...

    The rocket with the Luna-25 probe lifted off at 02:10 am Moscow time (2310 GMT Thursday) from the Vostochny Cosmodrome

    The spacecraft is due to reach lunar orbit in five days, It will then spend between three and seven days choosing the right spot for landing

  • UAE focuses on developing a national astronaut team

    "Astronaut Sultan Al Neyadi is currently on the longest space mission in Arab history ... This mission has elevated the...

    As Emirati Sultan Al Neyadi completes Arab's longest space mission and first ISS spacewalk, UAE's Astronaut Program now boasts four qualified astronauts

    MBRSC plans a mid-2024 launch for the advanced MBZ-SAT as UAE strengthens space ties with Bahrain, Kuwait, and seeks collaborations with Egypt and Saudi Arabia

  • UAE and UN to boost climate action cooperation in run up to COP28

    New York, US--The UAE and the UN have discussed joint cooperation and partnership on government experience exchange, global climate action...

    The UAE delegation noted the country's initiatives in development including government work, capacity building and exchange of expertise

    They also discussed opportunities to boost cooperation in international initiatives, maximizing the positive impact of climate action around the world

  • UAE and Egypt to boost cooperation in higher education, scientific research

    Cairo, Egypt-- The UAE and Egypt are looking to ramp up cooperation in the fields of higher education and scientific...

    The Egyptian minister noted the depth of the ties across all levels between the two countries, especially in scientific, cultural and educational fields

    The UAE official applauded the relations between the UAE and Egypt, noting the latter's role in the education field and stressing UAE's resolve to deepen ties

  • Sultan Al Neyadi takes part in Dreams experiment aboard ISS

    DUBAI, UAE - The Mohammed Bin Rashid Space Center (MBRSC) on Sunday announced the successful execution of the Dreams experiment...

    The experiment was conducted in collaboration with the European Space Agency, French space agency CNES and Toulouse University Hospital.

    The Dreams experiment is to investigate the sleep patterns of astronauts in the microgravity environment on the ISS.

  • Almost the entire world is experiencing record heatwaves

    Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...

    Authorities in many countries have been sounding the alarm, advising people to avoid outdoor activities in the daytime and to be wary of dehydration.

    Scientists insist global warming - linked to dependence on fossil fuels - is behind the intensification of heat waves in the world.

  • India launches an unmanned spacecraft to land on Moon

    India launched a rocket carrying an unmanned spacecraft to land on the Moon, its second attempt to do so as...

    "Chandrayaan-3... has begun its journey to the Moon. Health of the spacecraft is normal," the Indian Space Research Organization said on Twitter.

    The world's most populous nation has a comparatively low-budget aerospace program that is rapidly closing in on the milestones set by global space powers.

  • Yahsat to invest US$100m

    It is for capital expenditure of T4-NGS satellite program.

    The program, the next-generation telecommunications system for Thuraya, is scheduled to begin operational service in H1 2025.

    The total cost of the program is up to $550 million, including manufacturing, launch, insurance and new ground infrastructure.

  • Dubai Solar event to focus on research in clean energy

    DUBAI, UAE- Dubai Electricity and Water Authority (DEWA) said the MENA Solar Conference (MENA-SC) which it organizes from November 15-18...

    Prominent experts, specialists and researchers worldwide will highlight the latest developments, technologies and scientific research in solar power.

    The four-day conference will discuss various scientific research in the solar energy sector to accelerate the transition towards renewable and clean energy.

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