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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

UAE ministry hosts WHO’s regional expert meet on healthy diet policies

DUBAI, UAE - UAE Ministry of Health and Prevention (MoHAP) hosted a regional expert meeting on healthy diet policies in...
  • The meeting aimed to discuss recent developments in healthy diet policies, with a special emphasis on the UAE and GCC countries
  • Senior officials and experts from the UAE's health and related sectors, as well as representatives from the GCC states, attended the meeting

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.

Accord reached ‘in principle’ over tackling future pandemics: negotiating body

WHO members on Saturday reached agreement over how to tackle future pandemics after three years of discussions, the co-chair of...

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UAE emerges as a new leader in global healthcare

“This goal, aligned with the forward-looking vision of the UAE's leadership, will not only enhance the quality of life but...

Deaf boy can now hear after gene treatment

The US hospital which carried out the treatment said the milestone represents hope for patients around the world with hearing...

Wounded Gazans get medical care on French hospital ship

Israel responded with a military offensive that has killed at least 25,105 people in Gaza, mostly women and children, according to...

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WHO weighs up AI risks and benefits for healthcare

Geneva, Switzerland - Generative artificial intelligence could transform healthcare through things like drug development and more rapid diagnoses, but the World...
  • The WHO has been examining the potential dangers and benefits posed by AI large multi-modal models (LMMs), which are relatively new and are quickly being adopted in health.
  • LMMs are a type of generative AI which can use multiple types of data input, and generate outputs that are not limited to the type of data fed into the algorithm

Women’s health gap costs US$1trn worldwide: report

Women spend a quarter more of their lives suffering from poor health than men, a disparity that includes an unequal...
  • The gender health gap causes around 75 million years of life lost due to poor health annually
  • WEF officials say analysis proves "investing in women's health must be a priority for every country"

PureHealth buys Circle Health

The deal signifies PureHealth’s operational capabilities.
  • The completion of this transaction further strengthens PureHealth’s commitment to becoming a leading global player in healthcare.
  • The company’s expansion into the UK healthcare market reflects its focus on advancing the science of longevity and unlocking time for humanity.