INSEAD Day 4 - 728x90

Health

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Covid and Ukraine have badly hit UN sustainable goals progress

Geneva, Switzerland - United Nations Conference on Trade and Development (UNCTAD) said the COVID-19 pandemic, Ukraine crisis and the climate...
  • The UNCTAD released the fifth edition of its annual SDG Pulse, a global reference for tracking progress towards achieving the Sustainable Development Goals (SDGs) by 2030.
  • The data and analysis cover a wide range of SDG indicators and others relevant to trade, investment, financing for development, debt, transport and technology.

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...
  • 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...
  • 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.

Gaza’s Al-Amal hospital ‘virtually out of service’: WHO

The Al-Amal Hospital in Gaza, one of the few still operating in the Palestinian territory, is now "virtually out of...

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Middle East poised to lead global crypto surge as Bitcoin eyes $100,000

Geneva, Switzerland - A major new study released by The Lancet Neurology shows that, in 2021, more than 3 billion people worldwide...

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...

Global child deaths reach historic low in 2022: UN report

Geneva, Switzerland – The number of children who died before their fifth birthday has reached a historic low, dropping to...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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As truce talks resume in Cairo, people in Gaza suffer from hunger

Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...
  • Combat and chaos again stalled the sporadic aid deliveries for desperate civilians in Gaza.
  • The UN World Food Program said it was forced to halt aid deliveries in north Gaza because of "complete chaos and violence".

WHO registers eighty percent rise in measles case

Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...
  • At least 95 percent of children need to be fully vaccinated against the disease in a locality to prevent outbreaks, but global vaccination rates have slipped to 83 percent.
  • WHO official Crowcroft pointed out that 92 percent of all children who die from measles live among less than a quarter of the global population, mainly in very low-income countries

UN agencies warn of ‘explosion’ in Gaza child deaths

Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...
  • At least 90 percent of children under five in Gaza are affected by one or more infectious diseases, according to a joint assessment by the UN agencies
  • Seventy percent children had had diarrhea in the two weeks prior to the assessment, marking a 23-fold increase compared to the 2022 baseline