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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

Saudi king treated for lung infection: statement

Riyadh, Saudi Arabia - Saudi Arabia's King Salman has a lung infection and is undergoing a treatment programme involving antibiotics, the...

Iraqi forces seize 250,000 captagon pills from school

Iraq has long been transit country for captagon, but officials say it is increasingly becoming a consumer market for the...
  • The seizure was carried out in Al-Anbar province on the border with Syria, a country considered the hub for production and trafficking of captagon.
  • Police "seized 250,000 captagon pills and one kilogram of cannabis resin from a school being renovated in the city of Ramadi", the interior ministry said.

Covid-19 has not gone away, kills 1,000 a week in Europe: WHO

Copenhagen, Denmark - The World Health Organization's European office on Tuesday warned the risk of Covid-19 has not gone away, saying...
  • "Whilst it may not be a global public health emergency, however, Covid-19 has not gone away," WHO Regional Director for Europe Hans Kluge said
  • "Unless we develop comprehensive diagnostics and treatment for long Covid, we will never truly recover from the pandemic," Kluge said

Global body to fund 26 FAO projects worth $174.7m

ROME, ITALY - Building on growing momentum to tackle environmental problems by addressing the ways in which our food and...
  • With these new projects, FAO's partnership with the GEF will have helped countries access over $1.4 billion in financing.
  • These 26 projects will support countries to create or improve the management of nearly 17.9 million hectares of protected areas on land and sea

Chinese doctors use 5G remote robot to perform successful surgery

XINJIANG, CHINA - China has successfully performed the world's first liver resection surgery utilising a domestically developed 5G remote robot,...
  • A medical team from Zhejiang and Xinjiang provinces collaborated through the use of 5G remote robot, overcoming a considerable distance of 4,600 kilometers
  • Leading the team was Dr. Liang Xiao, a chief physician from the Department of General Surgery at Zhejiang University School of Medicine's Sir Run Run Shaw Hospital

US firms to pay $1.2bn to clear claims of contaminating water sources

Three major chemical manufacturers announced that they will pay nearly $1.2 billion to settle claims that they contaminated water sources...
  • Chemours would contribute $592 million, DuPont $400 million and Corteva $193 million to the settlement fund.
  • The group of chemicals known as PFAS, per- and polyfluoroalkyl substances, have been found to cause cancer and other health problems.

AstraZeneca’s new cancer medication Imjudo launched in UAE

Abu Dhabi, UAE -- AstraZeneca has announced the launch of its revolutionary cancer medication, IMJUDO® (tremelimumab) in the UAE.The launch...
  • UAE is one of the first countries in the Middle East to receive access to the medication that marks a significant advancement in the treatment of cancer
  • Clinical trials have demonstrated the efficacy and tolerability of IMJUDO® in combination in various types of cancer, including metastatic non-small cell lung cancer

PIF sets up firm Badael to curb tobacco use in Saudi Arabia

RIYADH, SAUDI ARABIA- The Public Investment Fund (PIF) announced the establishment of Badael Company, which aims to develop, manufacture and...
  • Badael aims to address the negative impact that smoking has on the well-being of the Saudi population.
  • The company’s products are expected to help nearly one million people give up smoking by 2032.

Saudi professor secures US patent for innovative cancer therapy

Washington, USA -- The Saudi faculty member at Michigan State University Dr. Yasser Al-Dhamin, received a patent from the US...
  • The patent describes the development of a modern technology that targets an immune protein with a high concentration on the surface of immune system cells
  • The protein targeted in this project is called CRACC, and theresearch has demonstrated that CRACC protein exists on the surface of immune system cells in cancers

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.

WHO unveils network to minimize spread of infectious diseases

The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and...
  • The network will rely on pathogen genomics to analyze the genetic code of viruses, bacteria and other disease-causing organisms.
  • The data gathered will feed into a broader disease surveillance system used to identify and track diseases, in a bid to contain outbreaks.

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

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Saudi products declared free from artificial trans fats

Riyadh, Saudi Arabia - The World Health Organization (WHO) has recognized the Saudi Food and Drug Authority (SFDA) for its...

WHO urges limiting trans fat across the world

Geneva, Switzerland - The World Health Organization said on Monday that nearly half the world's population was now covered by solid...

UAE emerges as a new leader in global healthcare

“This goal, aligned with the forward-looking vision of the UAE's leadership, will not only enhance the quality of life but...

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Wounded Gazans get medical care on French hospital ship

Israel responded with a military offensive that has killed at least 25,105 people in Gaza, mostly women and children, according to...
  • French warship began treating patients in November, off the coast of the port of El-Arish, 50 kilometers (30 miles) west of the Egyptian border with Gaza
  • French doctor Marine, who is serving aboard the Dixmude said the warship has so far received 120 patients, all serious cases who needed long periods of hospitalization

Healthcare industry globally faces data hacking threat

DUBAI, UAE - In an age where data is a cornerstone of modern healthcare, the industry faces an escalating threat...
  • The IBM Cost of Data Breach Report reveals that in 2023 the average global cost of healthcare data breach reached $10.93 million.
  • In the Middle East, the cost implications of data breach reached $9.18 million in 2023, above the regional average across all sectors.

WHO weighs up AI risks and benefits for healthcare

Geneva, Switzerland - Generative artificial intelligence could transform healthcare through things like drug development and more rapid diagnoses, but the World...
  • The WHO has been examining the potential dangers and benefits posed by AI large multi-modal models (LMMs), which are relatively new and are quickly being adopted in health.
  • LMMs are a type of generative AI which can use multiple types of data input, and generate outputs that are not limited to the type of data fed into the algorithm