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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.
  • Bayanat, Yahsat, ICEYE increase Middle East satellite fleet to 7

    Abu Dhabi, UAE – Bayanat, a leading provider of AI-powered geospatial solutions, and Al Yah Satellite Communications Company (Yahsat), the...

    The expansion of the constellation means that orbiting satellites will revisit the Middle East more frequently

    Using radar signals rather than light, the SAR satellite images deliver persistent monitoring of specific locations on the Earth’s surface

  • Dubai witnesses green transit revolution

    Dubai is actively implementing climate adaptation strategies and technologies in transportation and infrastructure to mitigate climate change effects and enhance...

    By the end of the decade, the emirate aims to have 10% of public buses run on hydrogen or electric powered, ramping up to 20% by 2035, 40% by 2040, 80% by 2045

    According to Sandalkhan, of BCG, Dubai aims to set a global standard in eco-friendly transportation and RTA's 2050 Zero-Emissions plan reflects that ambition

  • Elusive echidna rediscovered in Indonesia

    The Zaglossus attenboroughi, a kind of long-beaked echidna named for famed British naturalist David Attenborough, had last been seen in...

    The Attenborough long-beaked echidna has never been recorded outside the extremely remote Cyclops Mountains of Indonesia's Papua region.

    In addition to the rediscovered echidna, the team found a kind of honeyeater bird not recorded since 2008, and a slew of underground species that are new to science.

  • European Euclid space telescope unveils first images

    Darmstadt, Germany - The first images from Europe's Euclid space telescope were released on Tuesday, showing a nebula resembling a horse's...

    Euclid blasted off in July on the world's first-ever mission aiming to investigate the enduring cosmic mysteries of dark matter and dark energy.

    The first five images were unveiled during a press conference at the European Space Operations Centre in Darmstadt, Germany.

  • Robot maker dreams of turning sci-fi into reality

    Ryo Yoshida's monster-sized drivable robot is hard to park and the $3-million price tag will crush most wallets.

    An imposing 14.7 feet high and weighing 7,716 pounds, "Archax" can be moved and operated by a pilot who clambers up to the high-tech cockpit.

    When manoeuvered in the vehicle mode, "Archax" is capable of moving at 10 kilometers (six miles) per hour, according to the company.

  • Error-prone AI chatbot dog leads Japan’s elderly astray

    Tokyo, Japan - A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is...

    Powered by generative artificial intelligence, "Dai-chan" was this year launched by Osaka authorities who called it the first of its kind in Japan

    But the chatbot, which features a Shiba Inu cartoon dog and answers in the Osaka dialect, has shown itself far from faithful to the truth

  • Swedish researchers find snoozing in the morning isn’t bad

    Stockholm, Sweden - You snooze, you lose? Swedish researchers said Wednesday that might not be the case, after their study even...

    Researchers at Stockholm University found that in general younger people were the ones snoozing and they were to a high degree night owls.

    In a second study, the researchers found that most of the respondents who snoozed for half an hour managed to get a lot of sleep during that half hour even though it was disturbed.

  • NASA to unveil first images of historic asteroid sample

    OSIRIS-REx wasn't the first mission to rendezvous with an asteroid and bring back samples for study -- Japan succeeded in...

    The OSIRIS-REx mission collected rock and dust from the asteroid Bennu in 2020, and a capsule containing the precious cargo successfully returned to Earth

    The space agency will hold a live streamed news conference at 11:00 am Eastern Time (1500 GMT) to share photographs and preliminary scientific analysis

  • Nobel Chemistry Prize awarded to quantum dots researchers

    The trio, whose names were leaked in the Swedish press ahead of the announcement, succeeded in producing these tiny components,...

    Bawendi, 62, born in Paris to French and Tunisian parents, is a professor at Massachusetts Institute of Technology (MIT) in the United States.

    Brus, 80, is a professor at Columbia in New York, and Russian-born Alexei Ekimov works at the US-based Nanocrystals Technology.

  • Trio wins physics Nobel for illuminating electrons

    France's Pierre Agostini, Hungarian-Austrian Ferenc Krausz and Franco-Swede Anne L'Huillier won the Nobel prize in physics for research using ultra...

    The Royal Swedish Academy of Sciences likened the process to how the flapping wings of a humming bird turn into a blur for the human eye.

    "We can now open the door to the world of electrons," Eva Olsson, chair of the Nobel Committee for Physics, said in a statement.