Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

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.
  • DEWA invites people to live coverage of its nanosatellite launch

    The U3 nanosatellite was designed and developed at DEWA’s R&D Centre

    The satellite will be launched by SpaceX Falcon 9 rocket from Cape Canaveral Space Launch Complex (SLC-40) in Florida, USA.

    MD & CEO of DEWA Saeed Mohammed Al Tayer will attend the launch along with officials from DEWA, SpaceX, and NanoAvionics.

  • European archaeologists back in Iraq after years of war

    The modern history of Iraq -- with its succession of conflicts, especially since the 2003 US-led invasion and its bloody...

    The modern history of Iraq -- with its succession of conflicts, especially since the 2003 US-led invasion and its bloody aftermath -- has kept foreign researchers at bay

    Iraq's Council of Antiquities and Heritage director Laith Majid Hussein said he is delighted to play host, and is happy that his country is back on the map for foreign expeditions

  • World economy at risk as Omicron engulfs Europe

    More than half of people in Europe will likely catch Omicron by March, the WHO has said amid a World...

    The WHO's regional director for Europe Hans Kluge described a ‘new west-to-east tidal wave sweeping across’ the region

    The WHO's European region covers 53 countries and territories including several in Central Asia, 50 of them had Omicron cases

  • Repeated Covid-19 boosters is not a viable strategy: WHO

    The Technical Advisory Group on Covid-19 Vaccine Composition (TAG-Co-VAC), an expert group created by the WHO to assess the performance...

    The group under WHO called for the development of new jabs that protect people who get Covid-19 against falling seriously ill

    It added that such vaccines should also be better at preventing people from catching the virus in the first place

  • Arab Parliament for the Child to hold a session remotely

    Ayman Othman Al Barout, Secretary-General of Arab Parliament for the Child (APC), has announced the third session of the Parliament...

    This decision announced at the organizing committee meeting came in the wake of taking precautionary measures to preserve the health of children who are members of APC

    Al Barout emphasized that APC had three previous successful experiences in holding remote parliament sessions due to the pandemic

  • NASA sets ‘amazing milestone’ as it deploys Webb telescope in orbit

    The James Webb Telescope blasted off in an Ariane 5 rocket from French Guiana on December 25 and is heading...

    The NASA team declared all major deployments successfully completed as the mirror was latched into place at 1817 GMT

    The engineers sent a command from the Space Telescope Science Institute for the final section of golden mirror to unfold

  • World passes 300 million Covid cases as Omicron breaks records

    The virus mutant has spurred the world to record 13.5 million cases in the last week alone -- 64 percent...

    In the past seven days, 34 countries have recorded their highest number of weekly cases since the start of the pandemic, including 18 nations in Europe and seven in Africa

    While far more contagious than previous coronavirus variants, Omicron appears to cause less severe illness than its predecessors

  • CES show highlights: Robo-dogs, self-sailing boat, brain tech

    The CES tech show in Las Vegas closed its 2022 edition on Friday, after pushing ahead with a significantly downsized...

    French startup Wisear is working on technology that detects the signals that zip between the brain and certain muscles, in order to use them to operate connected devices

    The Boston Dynamics robot dogs -- the ones compared to the killer four-legged bot in a dystopian "Black Mirror" episode -- are back and this time they are going to the metaverse

  • Omicron variant spread due to mix of factors

    Omicron transmitted very efficiently between people due to a number of reason including make-up of the Covid-19 variant and increased...

    Omicron's mutations allow the virus to adhere to human cells more easily

    People can be reinfected either if they had a previous infection or if they've been vaccinated says WHO

  • ‘Ocean battery’ targets renewable energy dilemma

    Amid the growing push away from climate-warming energy sources like coal, stockpiling green energy is key, experts say.

    Amid the growing push away from climate-warming energy sources like coal, stockpiling green energy is key, experts say

    Bliek's "ocean battery" relies on massive flexible bladders on the seabed, which are filled up with seawater by the wind farm