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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

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.
  • Climate change will crush world’s poorest economies, says study

    Countries with poor economies will face severe consequences of climate change caused by the rich nations.

    According to the study, 65 most vulnerable nations will see GDP drop 20 percent on average by 2050

    Eight of the top 10 most affected countries are in Africa, while two others are in South America

  • Nuclear power will help in reducing carbon emissions

    Nuclear energy back in focus as climate crisis deepens

    To resist climate changes, more sustainable sources of energy like nuclear could become a norm in the near future.

    Nuclear energy is part of the solution to global warming, there's no way around it, IAEA director general Rafael Mariano Grossi has said

    The UN's climate science advisory panel, the IPCC, has also given a place to nuclear in its models

  • A pill that could end the Covid pandemic

    Pfizer said Friday that a clinical trial of its pill to treat Covid-19 had shown it is highly effective, hailing...

    A simple pill to treat the coronavirus at home has been sought since the start of the global health crisis

    Pfizer's is the second anti-Covid pill after that of Merck, which is actually an influenza medicine rebranded to fight the coronavirus

  • COP26 braces for youth protests after vague emissions pledges

    Demonstrations are expected across Glasgow against the disconnect between the pace of emissions reductions and the climate emergency.

    Organizers of the Fridays for Future global strike movement said they expected large crowds at the planned three-hour protest during COP26 Youth Day

    The event is expected to be attended by high-profile campaigners Greta Thunberg and Vanessa Nakate

  • Global CO2 emissions in 2021 near record levels, says report

    CO2 pollution this year will be just shy of the record set in 2019, according to the Global Carbon Project...

    Capping the rise in global temperature to 1.5 degrees Celsius above pre-industrial levels would limit mortality and damage

    However, it requires slashing carbon emissions nearly in half by 2030 and to net zero by 2050

  • Arab nations’ pledge bolsters COP26 message

    The UAE, Saudi Arabia, and Egypt have made some strong climate-action pledges at or before COP26.

    The summit may not achieve its target of reducing carbon emissions by 45 percent by 2030

    COP26 wants governments to adopt carbon emission targets through 2030

  • Olive growers in Holy Land at the mercy of climate change

    During the recent olive harvest, Palestinian farmer Dalal Sawalmeh raked her fingers through the silvery green leaves of her family's...

    Like many farmers across the occupied West Bank, Gaza Strip and Israel, she blames climate change for impacting the iconic gnarled trees

    This year her trees produced less than half their usual yield and "not all the trees bore fruit"

  • Ten global firms launch the Alliance for Clean Air

    The first global corporate effort to tackle air pollution was launched today, named the Alliance for Clean Air, bringing together...

    Ten companies are committing to measuring their air pollution footprint and creating clear, actionable plans to help deliver clean air

     In 2019, it was the fourth leading risk factor for early death worldwide, surpassed only by high blood pressure, tobacco use and poor diet

  • Augmented reality: an early taste of the metaverse?

    The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical...

    Augmented Reality is believed to be the early stage of the metaverse envisioned by Facebook.

    With AR, you put on a device and you're still in your world, but we're augmenting it with digital content, says Peggy Johnson, CEO of Magic Leap

  • US approves Pfizer’s Covid vaccine for children aged 5-11

    The United States can now start giving children aged 5-11 the Pfizer-BioNtech Covid vaccine, US health authorities said Tuesday in...

    Days after gaining authorization from the Food and Drug Administration, the vaccine was endorsed by the Centers for Disease Control and Prevention

    The government was well ahead of the decision, procuring enough doses for the children in the 5-11 age group

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