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Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.
  • UAE astronaut says not required to fast during Ramadan on ISS

    Asked at a press conference Wednesday how he will observe the holy month of Ramadan, when Muslims typically fast from...

    Sultan al-Neyadi will become the first Arab astronaut to spend six months in space when he blasts off for the International Space Station next month aboard a SpaceX Falcon 9

    Neyadi, NASA's Stephen Bowen and Warren Hoburg and Russia's Andrey Fedyaev are scheduled to fly to the ISS on February 26 as members of SpaceX Dragon Crew-6

  • CST announces first Space Entrepreneurship Alliance in Saudi Arabia

    RIYADH, SAUDI ARABIA - Saudi Arabia's Communications, Space & Technology Commission (CST) has announced the formation of a Space Entrepreneurship...

    The alliance was announced during the Commission's participation in the seventh edition of the Garage Disrupt event.

    The alliance seeks to connect entrepreneurs with investors and experts in the space sector.

  • Billions still exposed to toxic trans fat, says WHO

    GENEVA, SWITZERLAND - Efforts to eliminate industrially-produced fat have a long way to go with five billion people exposed to toxic...

    The World Health Organization called in 2018 for harmful trans fatty acids to be wiped out by 2023.

    They are thought to be responsible for around 500,000 premature deaths from coronary heart disease each year.

  • Sharjah astronomy academy receives first signal from CubeSat

    Sharjah, UAE - The Sharjah Academy for Astronomy, Space Sciences and Technology (SAASST) of the University of Sharjah (UoS), has...

    The project engineers at SAASST were prepared to receive the first communication signal from the CubeSat after it reached its orbit around Earth.

    The signal demonstrates the state of the satellite and its readiness to perform its mission after a successful deployment from the main spacecraft.

  • WEF launches initiative to channelize US$3trn for climate and nature

    The World Economic Forum launched the Giving to Amplify Earth Action (GAEA), to help unlock the US$3 trillion of financing...

    Present funding is slow and inadequate, and a new approach is needed to get capital flowing.

    Philanthropic giving is nimble, more tolerant of risks and is driven by values and long-term outcomes rather than quarterly returns.

  • Countries which transform food system can meet net-zero goals, says WEF report

    DAVOS, SWITZERLAND – A  report launched Monday at the World Economic Forum Annual Meeting 2023 shows how countries can accelerate...

    Food systems, when transformed, can help solve some of the world’s toughest problems, from climate change to resilient livelihoods.

    The report identifies models for businesses and policy-makers and a roadmap of priorities for countries to improve productivity and sustainability.

  • DEWA completes 77 percent work in Hatta Water Reservoir

    DUBAI, UAE  - DEWA has completed 76.8 percent work on the water reservoir project in Hatta. The project has a...

    The project is being built at a cost of approximately US$23 million and is expected to be completed in April 2023.

    The structural foundation works for all facilities and reservoirs are 100 percent complete,

  • Once in 50,000-year comet may be visible to the naked eye

    Paris, France--A newly discovered comet could be visible to the naked eye as it shoots past Earth and the Sun...

    It will come closest to the Sun on January 12 and pass nearest to Earth on February 1

    The last time the comet passed Earth was during the Upper Paleolithic period, when Neanderthals still roamed Earth

  • Qatar recycles 80% of waste collected during World Cup

    Doha, Qatar-- Qatar has recycled some 80 percent of waste collected from stadiums during the FIFA World Cup games.According to...

    Nearly 54 percent of the waste has been converted into compost, 22 percent into plastic, 14 percent into paper and cardboard, and 8 percent into glass

    She said the climate change issues and the optimal utilization of natural resources are among the top priorities of the Sustainability Department at the SC

  • Sustainability key for next-gen data center models

    At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about...

    At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about 3 percent of the world’s electricity usage

    Data centers must operate as efficiently and sustainably as possible to eliminate any potential harm to the environment.

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