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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.

WHO member states agree to develop draft of pandemic accord in early 2023

GENEVA, SWITZERLAND - Member states of the World Health Organisation (WHO) Thursday agreed to develop the first draft of a...
  • This zero draft of the pandemic accord, rooted in the WHO Constitution, will be discussed by member states in February 2023.
  • The agreement by the Intergovernmental Negotiating Body, comprising WHO’s 194 member states, was a milestone in the global process to learn from the COVID-19 pandemic.

EU gives US$131 million to WHO Universal Health Coverage Partnership

GENEVA, SWITZERLAND - The World Health Organization (WHO) and the European Commission agreed on reinforcing a decade-long collaboration to accelerate...
  • EU contribution will focus on strengthening health systems to make them more resilient and responsive to natural, climate or human-made disasters.
  • The partnership with WHO is a key deliverable of the new EU Global Health Strategy adopted by the European Commission.

UAE’s health and prevention ministry launches National Nutrition Strategy 2022-2030

DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) has launched the National Nutrition Strategy 2022-2030 to establish sustainable...
  • National Nutrition Strategy comes as part of MoHAP’s ongoing efforts to support the UAE’s visions aimed at improving the health of younger generations.
  • The strategy was launched during an event hosted by the ministry at the Etihad Museum.

Saudi Minister inaugurates Aquatic Animal Diseases Network

RIYADH, SAUDI ARABIA - Saudi Minister of Environment, Water and Agriculture, Engineer Abdul Rahman bin Abdul Mohsen Al-Fadhli inaugurated Sunday...
  • The launch aims to strengthen the aquaculture industry, prevent aquatic diseases, support the production of aquatic organisms.
  • It also aims to meet the growing demand for aquaculture and its products, reduce the spread of diseases, train veterinarians and specialists in aquatic health.

China’s ‘iPhone city’ tightens Covid rules after violent protests

The curbs in Zhengzhou are part of China's national zero-tolerance approach to Covid, which involves grueling lockdowns, travel restrictions and...
  • Hundreds of workers took to the streets around the vast iPhone factory in Zhengzhou, confronting hazmat-clad personnel wielding batons in a rare display of public anger in China
  • In the wake of the unrest, Zhengzhou authorities ordered mass testing and an effective lockdown for several districts in the central Chinese city starting Friday

Air pollution killed 238,000 Europeans prematurely in 2020: EEA

Across the 27-nation bloc that year, "exposure to concentrations of fine particulate matter above the 2021 World Health Organization guideline...
  • Fine particulate matter, or PM2.5 travel deep into the respiratory tract, worsening the risk of bronchitis, asthma and lung disease
  • The EU wants to slash premature deaths related to fine particulate matter pollution by 55 percent in 2030 compared to 2005 levels

Abu Dhabi DoH, Eversight to jointly set up UAE’s first eye, tissue bank

ABU DHABI, UAE - Abu Dhabi's Department of Health (DoH), the regulator of the healthcare sector in the Emirate, and...
  • Department of Health Abu Dhabi and Eversight will focus on implementing the necessary arrangements for the eye and tissue bank.
  • Eversight will develop a comprehensive medical framework to standardize and operate procedures on all clinical functions.

Abu Dhabi inks MoU with African Union in public health

ABU DHABI, UAE - Abu Dhabi Public Health Center (ADPHC) has signed an agreement with the Africa Centers for Disease...
  • The partnership aims to bolster collaboration and information exchange between ADPHC and Africa CDC.
  • The partnership’s priorities include promoting disease information and surveillance.

Walmart posts Q3 loss of $1.8bn

Settlement on opioid cases hit earnings of the firm.
  • The opioid crisis in the US - causing over 500,000 deaths over 20 years - triggered a flurry of lawsuits against drugmakers, distributors and pharmacies.
  • US pharmacy chains CVS Health and Walgreens similarly reached preliminary agreements this month to pay more than a total of $10 billion to resolve opioid claims.

G20 health, finance ministers agree to launch US$1.4bn pandemic fund

The G20 health ministers have agreed to establish a pandemic fund.
  • The fund will be commonly used to fix the health system and close the budget gap for the following five years.
  • Up to 20 donor countries and three philanthropists have expressed willingness to contribute to the effort to raise "pandemic fund" totaling US$1.4 billion.

WHO registers eighty percent rise in measles case

Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...

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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...

EIH buys stake in Al Ain Pharmacy

Move aligns with EIH's aim to diversify sources of investment.

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...

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Immunologist wins ‘Breakthrough Prize’ for cancer treatment

The Breakthrough Prize awards "the world's most brilliant minds" in fields including life sciences, fundamental physics and mathematics
  • The French and Canadian scientist was announced as a winner of the prestigious Breakthrough Prize for his pioneering work in CAR T-cell therapy.
  • The Breakthrough Prize awards "the world's most brilliant minds" in fields including life sciences, fundamental physics and mathematics.

ChatGPT diagnoses ER patients ‘like a doctor’

During a study in Netherlands, the chatbot outperformed doctors in some cases. At the same time, it showed some limitations.
  • The chatbot's reasoning was "at times medically implausible or inconsistent, which can lead to misinformation or incorrect diagnosis, with significant implications".
  • The findings -- published in the medical journal Annals of Emergency Medicine -- will be presented at the European Emergency Medicine Congress (EUSEM) 2023 in Barcelona.

Gulf countries witness alarming increase in early-onset cancer cases

A recent study in BMJ Oncology 2023 has highlighted an alarming increase in early onset of cancer cases in the...
  • UAE, Qatar, and Saudi Arabia see significant rise in early-onset cancer cases from 1990 to 2019
  • The cases in UAE record an increase of 1127.6%, Qatar sees 1089.5% rise and Saudi Arabia 896%