Search Site

Trends banner

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.
  • Depleting seagrass: Experts sound alarm

    Named posidonia oceanica -- or "Neptune grass" -- for the Greek god of the seas, the plant covers at least...

    Named posidonia oceanica -- or "Neptune grass" -- for the Greek god of the seas, the plant covers at least one million hectares of the Mediterranean seabed

    Neptune grass meadows have long fallen prey to boating activity, with official figures estimating some 7,500 hectares in damage along the French coastline alone

  • Yemen receives first shipment of J&J Covid vaccine

    Yemen is desperately short of Covid vaccines to inoculate its population, with as little as one percent of its population...

    This shipment is the first batch of a total of 504,000 doses

    Roughly one percent of the population is vaccinated

  • Abu Dhabi directs residents to take Covid booster shots

    Residents of Abu Dhabi have been directed to take a booster shot of the Sinopharm Covid vaccine by September 20,...

    The booster dose must be taken to enhance immunity and comply with approved health protocol

    Those who don’t receive the third jab will lose their green status on the UAE’s Al-Hosn App

  • Water woes push GCC leaders to act

    The Arab world may be awash in oil and other minerals, but it is lacking in that one commodity upon...

    The GCC region is suffering from a water deficit of 20 billion cu m as of 2018 and it is likely to touch 50 billion cu m by 2030

    This has made water more precious than the fossil fuels in the region and several companies are engaged in mineral water production

  • UAE begins Unit 2 of Barakah Nuclear Power Plant

    The United Arab Emirates has unveiled Unit 2 of the Barakah Nuclear Energy plant, located in Abu Dhabi’s Al Dhafra...

    Unit 2 will be connected to the national electricity grid in the coming months

    When fully operational, the four units of the plant will produce 5.6 GW of electricity while preventing the release of more than 21 million tons of carbon emissions every year

  • Could bats hold the secret to healthy ageing?

    Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans

    Experts are studying the exceptional longevity of bats in the hope of discovering benefits for humans

    Bats not only live longer than other animals of their size, they also stay healthy longer

  • Snowden slams new Apple feature

    The NSA whistleblower has said other companies following suit could lead to a torrent of privacy breaches across the board.

    Apple unveiled the features earlier this month, saying they would help limit digital contraband on its devices

    Experts have already warned against the feature, saying that it could be hacked or exploited

  • Mena region needs water resilience: World Bank

    Without water resilience, the MENA region may see a loss of 6-14 percent of the collective GDP by 2050, says...

    A drought can reduce the economic growth of a city anywhere in the world by up to 12 percent, says the World Bank

    The MENA region, it says, has over 60 percent of the population living in areas with high water stress, compared with 35 percent globally

  • Riyadh clears Moderna vaccine for people aged between 12 and 17

    Saudi Arabia has approved the use of the Moderna Covid-19 vaccine for people aged between 12 and 17. The kingdom's...

    Clinical studies and reports showed the vaccine's effectiveness and safety

    The Moderna COVID-19 vaccine was registered in the Kingdom on July 9, 2021

  • Scams infect the pandemic globally

    Since the French government made proof of vaccination mandatory to enter cafes and other public places this month, a black...

    Russian mobsters, Chinese hackers and Nigerian scammers use stolen identities to plunder tens of billions of dollars in pandemic aid

    Among the ripest targets for the cybertheft have been jobless programs

In Brief

Most Read