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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.

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.

Arab Health 2023: Emirates Health Services unveils ‘Microbubble treatments for Children’

‘Microbubble Treatments for Children’ programme research project is being pursued in partnership with the Children’s Hospital of Philadelphia.
  • ‘Microbubble Treatments for Children’ programme research project is being pursued in partnership with the Children’s Hospital of Philadelphia
  • The project aims to administer various treatments through microscopic bubbles that moves in the bloodstream to reach the target areas as needed

WHO urges investment in neglected tropical diseases

The World Health Organization called for greater investment in combating neglected tropical diseases (NTDs), which left over 1.6 billion people,...
  • In 2021, around 1.65 billion people were estimated to require treatment for at least one NTD - a figure down 80 million from 2020.
  • The number of people requiring NTD interventions has fallen consistently from 2.19 billion in 2010, the WHO said.

UAE’s EHS to showcase innovative health projects during Arab Health 2023

DUBAI, UAE - The Emirates Health Services (EHS) will showcase its 19 innovative healthcare projects during Arab Health Exhibition 2023,...
  • Arab Health Exhibition is one of the largest forums that hosts major corporations, authorities and companies from all over the world.
  • The forum provides an opportunity to achieve the goals of national strategies and projects that seek to turn the UAE into a global hub for health care.

UAE takes part in G20’s first Health Working Group meeting

NEW DELHI, INDIA -   The UAE participated in G20'S first health working group session held in India from January 18...
  • The aim of the meeting was to discuss the priorities for the health track within G20 under the Indian presidency this year.
  • It will also focus on access to safe, effective, quality and affordable medical countermeasures.

Man vaccinated for Covid 217 times shows no side effects

Paris, France - A German man who deliberately got vaccinated for Covid-19 a whopping 217 times did not report any side...

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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...

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,...

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...

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WHO transports Gaza aid to Egypt, waits for humanitarian access

Geneva, Switzerland - The World Health Organization said on Saturday enough basic health supplies to serve 300,000 people in the Gaza...
  • The WHO supplies include enough medicines to treat 1,200 wounded patients and 1,500 patients suffering from various diseases.
  • The supplies were ready to go in once humanitarian access could be established through the Rafah crossing from Egypt into the southern Gaza Strip.

SFD to provide US$20m loan to Central African Republic for development projects

MARRAKESH, MOROCCO - The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, signed an additional US$20...
  • The agreement was signed on the sidelines of the 2023 World Bank and International Monetary Fund Annual Meetings in Morocco.
  • The US$20 million loan agreement aims to finance development projects in CAR, including the establishment of a 250-bed hospital.

‘Broken in two’: Libya flood survivors grapple with mental health

Last month's flood was the latest catastrophe to strike the oil-rich North African country that has been wracked by war...
  • IRC warned of the "immense psychological toll the emergency is taking on those affected, particularly in the city of Derna, one of the areas hardest-hit
  • UNICEF's partners had "reported several instances of suicides, withdrawal, lack of sleep, bed wetting... among children, especially in shelters"