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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

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.

Global conference on Pharmaceutical Technologies concludes in Dubai

DUBAI, UAE - The 28th edition of the Dubai International Pharmaceutical Technologies Conference and Exhibition (DUPHAT) 2023 concluded.  The three-day...
  • The largest-ever edition of DUPHAT, the 2023 event brought together more than 1,100 exhibiting companies.
  • The event also discussed on how countries in the region can collaborate to enhance partnerships in the pharmaceutical industry.

AstraZeneca buys US firm CinCor

The acquisition has been finalized at $1.8billion.
  • The takeover marks the latest push by Astra chief executive Pascal Soriot to bolster the company's pipeline of new products.
  • Massachusetts-based CinCor focuses on developing treatments for hypertension and chronic kidney disease.

90% of people in China province infected with Covid: official

China is battling a surge in cases following its decision last month to lift years of lockdowns, quarantines and mass...
  • With a population of 99.4 million, the figures suggest about 88.5 million people in Henan may now have been infected
  • Beijing is determined to press on with its reopening, on Sunday lifting mandatory quarantine for all international arrivals

Abu Dhabi introduces Mobile BSL-3 Laboratory

ABU DHABI, UAE - Abu Dhabi Public Health Center (ADPHC) has introduced the first of its kind mobile BSL-3 (Biosafety...
  • The BSL-3 mobile laboratory will enhance the UAE capital's infectious disease preparedness through swift, safe and accurate testing of communicable diseases.
  • The mobile laboratory will be accessible across four sites in Abu Dhabi.

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...

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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...

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...

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...

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EU wants to renew herbicide glyphosate for next 10 years

BRUSSELS, BELGIUM - The European Commission is proposing to renew the use of the controversial and widely used herbicide glyphosate in...
  • Current authorization expired in December 2022 but was extended by a year pending a scientific study of the herbicide.
  • Environmental activists said there was scientific evidence that glyphosate may cause cancer, poison aquatic life.

UN agencies warn of disease threat in Libya’s Derna city

UN agencies warned that Libya's flood-stricken city of Derna, where thousands were killed a week ago, faces the threat of...
  • The massive flash flood that killed over 3,000 people and left thousands more missing came as Libya was lashed by the hurricane-strength Storm Daniel.
  • “Teams from nine UN agencies have been on the ground delivering aid and support,” said the UN Support Mission in Libya.

EIH buys stake in Al Ain Pharmacy

Move aligns with EIH's aim to diversify sources of investment.
  • The acquisition is vital for EIH as it seeks to strengthen its investment in healthcare through its subsidiary Health Plus Holding.
  • The move will help provide additional and sustainable value to investors and achieve the maximum return on investment.