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AD Ports Group 2024 net profit $484m

The Group's revenue increased 48 percent year-on-year.

TAQA net income $1.93bn in 2024

The company's revenues increased 6.7 percent year-on-year.

ADNOC L&S 2024 net profit $756m

The company's revenue increased by 29 percent to $3.54 billion.

ADNOC Distribution 2024 net profit down 7%

Minus UAE corporate tax, it would have grown by 2.4% to $725m

Maaden raises $1.25bn in sukuk offering

The Sukuk were offered in a five-year and a 10-year tranche.

Saudis swap kabsa for kale to combat obesity

The Vision 2030 reform agenda spearheaded by Crown Prince Mohammed bin Salman includes goals for bringing down both obesity and...
  • Roughly one in five Saudi adults is obese, according to an in-depth study published by the World Bank last year that described the problem as alarming
  • The Global Obesity Observatory places the kingdom at number 17 in its international rankings of obesity prevalence, three slots below the United States

Covid-19 ‘most likely’ caused by incident in Wuhan lab: FBI head

Washington, United States--FBI Director Christopher Wray said Tuesday his agency believes the Covid-19 pandemic was "most likely" caused by an incident...
  • The comments come after a report earlier this week said the US Department of Energy said that a leak from a Chinese lab was the most likely cause of the Covid-19 outbreak
  • FBI head also accused the Chinese government of trying to stall US efforts to investigate the causes of the pandemic

US agency says Covid likely emerged from China lab leak: reports

Washington, United States--The coronavirus pandemic likely arose from a Chinese laboratory leak, the US Department of Energy now says according to...
  • The department now joins the Federal Bureau of Investigation in believing that the pandemic was the result of a mishap in a Chinese laboratory
  • The World Health Organization in mid-February pledged to do everything possible "until we get the answer" on Covid's origins

Nations closer to global guidelines on disease outbreaks, says WHO

NEW YORK, US - Governments agreed on a way forward to update disease outbreak regulations ahead of meetings to draft...
  • A total of 307 amendments to the WHO International Health Regulations came in response to challenges posed by the COVID-19 pandemic.
  • Governments had focused on making their countries, and the international community, better prepared for future emergencies.

Boosting investment in health systems is essential, says OECD

PARIS, FRANCE -  Governments should urgently adapt their health systems to better respond to future shocks, given the huge impact...
  • Major investment is needed in the health workforce, alongside increased spending on prevention and digital infrastructure, says OECD
  • More workers in health and social care were associated with lower mortality rates.

Abu Dhabi DoH names winners of Healthcare Research and Innovation Grant

ABU DHABI, UAE  -  The Department of Health – Abu Dhabi (DoH), which regulates the healthcare sector in the emirate,...
  • The grant, launched in September 2022, received over 70 complete submissions, and the top eight were awarded a monetary prize.
  • The winners will have the opportunity to conduct clinical trials and commercialize their ideas.

On the edge: Saudi workplace wellness needs overhaul

WHO says that globally an estimated 12 billion working days are lost every year to depression and anxiety at a...
  • Preventing mental health conditions at work is about managing psychosocial risks in the workplace.
  • WHO recommends employers do this by implementing organizational interventions that directly target working conditions and environments.

Syria’s Assad may consider more border crossings for quake aid: WHO

World Health Organization chief Tedros Adhanom Ghebreyesus met with the Syrian president in Damascus on Sunday afternoon to discuss the...
  • Concerns have been running particularly high for how aid might reach all those in need in Syria, which has been devastated by more than a decade of civil war
  • The situation is particularly dire in the rebel-held area in the northwest, which cannot receive aid convoys without Damascus's authorisation

Sanofi 2022 net profit at $7.3bn

Dupixent drug has been a huge success for the firm.
  • Sanofi is aiming for US$10.9 billion in sales of Dupixent this year.
  • The company's net profit rose by eight percent in 2022.

DHA, DIEZ ink MoU to support healthcare sector

DUBAI, UAE - Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority...
  • The MoU aims to enhance the private health sector’s investments in Dubai and consolidate the sector’s role in the ongoing development of health facilities.
  • DHA, DIEZ will develop a special framework to pinpoint innovation standards of healthcare start-ups in Dubai.

UN warns record e-waste in 2022 a catastrophe for environment

On average, every person on earth generates roughly 7.8 kilograms (17 pounds 3 ounces) of e-waste each year, said the...

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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...

WHO says misuse of antibiotics undermining efficacy

Copenhagen, Denmark - Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million...

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...

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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

Saudi Arabia’s Ministry of Investment inks 3 MoUs at FII7

RIYADH, SAUDI ARABIA – The Kingdom’s Ministry of Investment signed three memoranda of understanding (MoU) in the fields of biotechnology,...
  • The MoUs related to the biotechnology and pharmaceutical sectors aim to explore, develop, manufacture and market a range of potential new medicines.
  • The MoU of the financial services sector aims to provide an opportunity for investors to invest directly in key projects in line with the Saudi Vision 2030.

Swedish researchers find snoozing in the morning isn’t bad

Stockholm, Sweden - You snooze, you lose? Swedish researchers said Wednesday that might not be the case, after their study even...
  • Researchers at Stockholm University found that in general younger people were the ones snoozing and they were to a high degree night owls.
  • In a second study, the researchers found that most of the respondents who snoozed for half an hour managed to get a lot of sleep during that half hour even though it was disturbed.