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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.

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.

Emergency phase of Covid not over as 170,000 die in two months

In terms of monitoring how the virus is evolving, surveillance and genetic sequencing has dropped sharply, making it harder to...
  • WHO emergency panel's 14th meeting on the crisis comes nearly three years to the day since it first sounded the WHO's highest emergency alarm.
  • Last time the committee met in October it concluded that the pandemic still constitutes a public health emergency of international concern-- the WHO's highest level of alert.

WHO seeks $2.5bn for health emergency responses in 2023

The World Health Organization appealed for US$2.54 billion for its work in 2023 to help millions of people facing health...
  • The WHO was currently responding to 54 health crises around the world, 11 of which were ranked as the highest-possible level emergency.
  • The United Nations has estimated that a record 339 million people worldwide will need some form of emergency assistance in 2023.

Billions still exposed to toxic trans fat, says WHO

GENEVA, SWITZERLAND - Efforts to eliminate industrially-produced fat have a long way to go with five billion people exposed to toxic...
  • The World Health Organization called in 2018 for harmful trans fatty acids to be wiped out by 2023.
  • They are thought to be responsible for around 500,000 premature deaths from coronary heart disease each year.

A fifth of new cars in California zero-emission in 2022: data

On Friday the California Energy Commission said 18.8 percent of new cars sold in the state in 2022 were EVs,...
  • Last year officials set ambitious targets for boosting the number of electric vehicles (EVs) and plug-in hybrid vehicles (PHEVs) on the roads
  • The California Air Resources Board announced in August the sale of new gasoline and diesel-powered cars would be eliminated by 2035

DoH, GSC ink MoU to achieve Abu Dhabi’s healthcare sustainability goals

ABU DHABI, UAE - Building on its ongoing efforts to improve the healthcare ecosystem from all aspects, the Department of...
  • The GSC is powered by the International Hospital Federation and focuses on assisting healthcare services to address sustainability challenges.
  • The MoU will help provide educational resources to aid facilities in addressing identified areas for advancement and accomplishing new positive outcomes.

Countries which transform food system can meet net-zero goals, says WEF report

DAVOS, SWITZERLAND – A  report launched Monday at the World Economic Forum Annual Meeting 2023 shows how countries can accelerate...
  • Food systems, when transformed, can help solve some of the world’s toughest problems, from climate change to resilient livelihoods.
  • The report identifies models for businesses and policy-makers and a roadmap of priorities for countries to improve productivity and sustainability.

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...

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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...

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,...

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Markets fall as Biden set for Middle East diplomacy drive

US and European stock markets mostly fell and oil prices rose as US President Joe Biden prepared for a trip...
  • Wall Street opened in the red, with the tech-heavy Nasdaq shedding more than one percent, while Frankfurt and Paris fell 0.6 percent afternoon deal.
  • "Understandably, not many people are in the mood to put their hard-earned cash at risk in these uncertain economic times," said an expert.

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.