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Honda shares soar 16%

The surge came after the auto giant announced a $7bn buyback.

Mubadala acquires stakes from GHH

It acquired an 80 percent stake in Global Medical Supply Chain.

ADNOC Drilling closes JV

It is a JV between ADNOC Drilling, SLB and Patterson UTI.

Boeing to boost 787 production

The firm will invest$1bn to ramp up production in South Carolina.

ADNOC signs deal with PETRONAS

Under the agreement, ADNOC will supply 1m tons of LNG per year.

67mn children missed out on vaccines because of Covid: UNICEF

A grim UNICEF report warns of a potential outbreaks of polio and measles in children who didn't get vaccinated because...
  • Africa and South Asia were the hardest hit as vaccine coverage among children declined in 112 countries and the percent of children vaccinated worldwide slipped 5 points
  • Each year immunization saves 4.4 million lives, a number the United Nations figures could jump to 5.8 million by 2030 if its ambitious targets to leave "no one behind" are met

M42 acquires Diaverum

Diaverum is world’s third-largest provider of dialysis services.
  • Founded in 1991, Diaverum operates across 23 countries, with 440 clinics and over 13,000 employees.
  • It has a strong track record of clinical excellence, providing critical care to around 39,000 patients.

Glaxo buys Bellus for US$2bn

Move after GSK demerged its consumer healthcare unit.
  • GSK has agreed to buy Quebec-based biopharmaceutical Bellus Health Inc. for $14.75 per share, the British drugmaker said in a statement.
  • Chronic cough is defined as a persistent cough that lasts more than eight weeks and affects an estimated 28 million people worldwide.

Special glasses can slow down myopia in children

Developed by Japan's Hoya Corporation, the Miyosmart lenses, which also function as normal glasses to help the children see clearly,...
  • Eyewear firm EssilorLuxottica claims its own Stellest lenses reduce myopia's progression by 67 percent when worn at least 12 hours a day.
  • Research has suggested that the percentage of people affected by myopia worldwide could surge from 27 percent in 2010 to 52 percent by 2050.

Medical tourists spent $270m in Dubai during 2022: DHA

Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its...
  • 39% percent of the medical tourists were from Asian countries, 22% from Europe and the Commonwealth of Independent States.
  • The three specialities that saw the highest number of medical tourists were dermatology (31%) dentistry (24%) and gynecology (18%).

WHO may aid Iraq in a bid to localize pharmaceutical sector

BAGHDAD, IRAQ - The World Health Organization (WHO) affirmed it is likely to support Iraq in the localization of its...
  • The WHO official said the organization has a plan with Iraq's health ministry for seven years to advance the health reality.
  • He said that "coronavirus testing laboratories have increased from one laboratory to more than 70 laboratories.

Microsoft, G42 sign MoU

MoU will leverage core competencies of both the firms.
  • The MoU will help explore joint business development and marketing opportunities across a variety of areas G42 covers.
  • Microsoft and G42 will be working in the coming months to finalize the development required to ensure regulatory compliance.

Children to be vaccinated in quake-hit northwest Syria

CAIRO/AMMAN, EGYPT/JORDAN -   Measles and polio vaccination campaign will be launched on Saturday across northwest Syria to protect some 800,000...
  • The vaccination drive is supported by WHO, the Vaccine Alliance, UNICEF, in partnership with local NGOs and the Syria Immunization Group.
  • Raising immunization levels among children is a priority in an area where the earthquakes partially or totally destroyed 67 health facilities.

UAE’s health sector witnesses digital transformation

The Gulf country has an influential and effective international presence and continues to fulfil its obligations in enhancing the efficiency...
  • The UAE supports digital transformation, artificial intelligence, and big data in healthcare worldwide, says UAE's Minister of Health and Prevention
  • The country ranked first in the world in 14 health indicators in 2022, adds Abdul Rahman bin Mohammad bin Nasser Al Owais on World Health Day

Regular, medium-risk adults don’t need extra Covid jabs: WHO

The WHO's vaccine experts are no longer recommending additional Covid-19 vaccine booster doses for regular, medium-risk adults because the benefit...
  • The updated recommendations were issued after the UN health agency's Strategic Advisory Group of Experts on Immunisation had its regular biannual meeting
  • The additional booster shots are recommended by SAGE after the first one only for people at the highest risk of developing severe Covid-19 disease

Nervous system disorders surpass heart ailments as top cause of illness

Paris, France - Conditions affecting the nervous system -- such as strokes, migraines and dementia -- have surged past heart disease...

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Vaping: lighting up, stubbing out

Developed in 2003 by the Chinese pharmacist Hon Lik, concerns are growing over the risk of teens becoming hooked on...

Global Fund to allot 70% of its funding to countries hit by climate change

Dubai, UAE--The Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) announced at COP28 that more than 70% of...

250,000 people died in Europe due to air pollution, says agency

Stockholm, Sweden - Fine particle pollution caused the deaths of over 250,000 people in the European Union in 2021, according to...

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Nations start negotiations over global plastics treaty at Nairobi meet

Nairobi, Kenya -- Nations grappling with the plastic "suffocating" nature and leaching into food and the human body began fresh...
  • Around 60 so-called "high ambition" nations have called for binding rules to reduce the use and production of plastic
  • Kenyan President William Ruto described plastic pollution as "an existential threat to life, to humanity and everything in between."

Saudi Arabia to produce 80-90% insulin domestically

"More than 200 essential medications have been identified, making up about 40 percent of the total purchases by government health...
  • Saudi Arabia is making strides in its pharmaceutical sector, with aims to produce 80 to 90 percent of its insulin domestically
  • At the Global Health Forum, key agreements were inked, spotlighting the Kingdom's commitment to medical biotechnology

Positive trial for Pfizer-BioNTech Covid-flu jab

Berlin, Germany - Germany's BioNTech and US pharmaceutical giant Pfizer on Thursday announced "positive" results from initial trials of their combined...
  • The messenger RNA method made its debut with the Pfizer-BioNTech coronavirus vaccine, which was the first jab against Covid to be approved in the West in late 2020
  • Pfizer and BioNTech first announced in November 2022 that they were planning to use the same technology to develop a combined Covid and flu vaccine