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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

UAE most vaccinated nation, overtakes Seychelles

    • 72.1 percent of the population fully vaccinated  

    • UAE has approved emergency registration of Moderna’s vaccine to combat variants

    By inoculating more than 72.1 percent of the country’s population, the UAE has become the world’s most fully vaccinated country, overtaking Seychelles to rank number one in terms of total doses administered per 100 people.

    The national vaccination program has administered 15.5 million doses, according to Bloomberg Vaccine Tracker, prompting Minister of Health and Prevention Abdul Rahman bin Mohammad bin Nasser Al Owais to praise the country’s fight against the Covid-19 pandemic.

    “The proactive vision of the country’s leadership enabled us to address the challenges posed by COVID-19,” he said.

    On Monday, the Ministry of Health and Prevention announced that 40,434 doses of the COVID-19 vaccine were administered during the past 24 hours. 

    The total number of doses provided up to today stands at 15,574,641 with a rate of vaccine distribution of 157.47 doses per 100 people, it said.

    The ministry had on On Sunday approved the emergency registration of Moderna’s COVID-19 vaccine to better combat cases of the Beta, Delta and Alpha variants.