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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.
  • World’s first space tourist plans new flight to Moon with SpaceX

    Musk has promised the rocket will complete its first orbital test this year, and a version of Starship has already...

    The weeklong mission would see Starship fly within 125 miles of the lunar surface before returning home

    The voyage will take place after Elon Musk's company has finished developing its prototype Starship rocket

  • Human brain cells implanted in rats offer research gold mine

    Researchers implanted the groupings of human brain cells, called organoids, into the brains of young rats. The rats' age was...

    Scientists can assemble small sections of human brain tissue made from stem cells in petri dishes, and have already done so with more than a dozen brain regions

    But in dishes, "neurons don't grow to the size which a human neuron in an actual human brain would grow," said Sergiu Pasca, the study's lead author

  • DEWA invites proposals for work on sixth phase of solar park

    Dubai Electricity and Water Authority (DEWA) has invited international developers to send their Expressions of Interest (EOI) to implement the...

    The 900 MW sixth phase of the Solar Park will be implemented using photovoltaic solar panels.

    The production capacity of clean energy has reached about 12.1 percent of Dubai’s total energy mix.

  • ‘Unit 3 of Barakah Plant linked to UAE’s transmission grid’

    The Emirates Nuclear Energy Corporation (ENEC) announced that Unit 3 of the Barakah Nuclear Energy Plant has successfully been connected...

    Unit 3 will add another 1,400 megawatts of zero-carbon emission electricity capacity to the national grid.

    The nuclear sector is a vital part of the UAE’s clean energy system of multiple low-carbon technologies.

  • Nobel winner’s discoveries can lead to cancer breakthroughs

    The multitude of applications made possible by Carolyn Bertozzi's findings are impressive: delivering treatments with extreme precision, understanding better how...

    When Carolyn Bertozzi started her research in 1997, the Stanford professor was aiming only to observe the evolution of certain molecules on the surface of cancer cells

    Using bioorthogonal chemistry, "we made a new type of medicine, which basically acts like a lawnmower," says Bertozzi

  • Two Americans and a Dane win chemistry Nobel

    The award marks the second Nobel for 81-year-old American Barry Sharpless, who won the chemistry Nobel in 2001.

    Carolyn Bertozzi and Barry Sharpless (both US) and Denmark's Morten Meldal were honoured "for the development of click chemistry and bioorthogonal chemistry".

    "Among many other uses, it is utilised in the development of pharmaceuticals, for mapping DNA and creating materials that are more fit for purpose," the jury said.

  • Trio win physics Nobel for quantum mechanics work

    Their discoveries in the field of quantum mechanics have paved the way for quantum computers, networks and secure encrypted communication.

    Alain Aspect (France), John Clauser (US) and Austria's Anton Zeilinger were honored "for experiments with entangled photons, establishing the violation of Bell inequalities".

    The Nobel season continues this week with the announcement of the winners of the Chemistry Prize on Wednesday, followed by the much-anticipated prizes for Literature on Thursday.

  • Two-day inaugural RAK Energy Summit to begin on Oct 4

    The inaugural RAK Energy Summit, to be held on October 4-5, will feature experts from the energy sector in the...

    The summit will feature experts from the energy sector in the UAE and globally.

    The experts will discuss the challenges the world faces as it moves to cut carbon emissions.

  • NASA, SpaceX study boosting Hubble to extend its lifespan

    Arguably among the most valuable instruments in scientific history, Hubble continues to make important discoveries, including this year detecting the...

    The renowned observatory has been operating since 1990 about 335 miles (540 kilometers) above Earth, in an orbit that slowly decays over time

    One of the main obstacles would be that the Dragon spacecraft, unlike the Space Shuttles, does not have a robotic arm and would need modifications for such a mission

  • Jordan, Germany discuss scientific research, ties in water sector

    Jordan's The Royal Scientific Society (RSS) and the Princess Sumaya University for Technology (PSUT) discussed with the German Research Foundation...

    A German Research Foundation (DFG) delegation visits Jordan and discusses scientific and research ties in the water sector.

    The delegation included 22 researchers, professors and representatives from the German Academic Exchange Service (DAAD).

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