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Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Qatar Airways annual profit $2bn

This was a record 28% jump in annual net profit.

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

Morocco to forbid entry to travelers from China over Covid spread

the Moroccan foreign ministry said in a statement that authorities in the North African country "decided to forbid access to...
  • Nations, including France, Britain and Morocco's cross-strait neighbor Spain, have said they will require negative Covid tests for all travelers from mainland China
  • China said in December that it would end mandatory quarantine for people arriving in the country and that it had abandoned strict measures to contain the virus

DEWA encourages active lifestyle by organizing sporting events

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) organized 12 sports tournaments in 2022, with the participation of 2,437...
  • DEWA sponsored and hosted three sports tournaments, and participated in several local sports events.
  • DEWA’s Sports Committee organized the DEWA Bowling Tournament 2022 and 120 employees participated in the event.

Concern over China Covid surge ‘understandable’: WHO

Hospitals across China have been overwhelmed by an explosion of infections following Beijing's decision to lift strict rules that had...
  • WHO chief Tedros Adhanom Ghebreyesus urged China to be more forthcoming on the pandemic situation in the country
  • His comments came after the United States joined several nations in imposing Covid tests on travelers from China

Antibiotics shortages hit nations as surging illnesses spur demand

Hospitals in many countries have come under pressure from a rising number of illnesses including what has been dubbed a...
  • But ramping up production of antibiotics has proved difficult for drug makers, particularly for cheap generic medicines that offer a slender profit margin.
  • Pharmaceutical companies who had cut back production because of the previously falling demand are now scrambling to meet skyrocketing orders, causing delays.

World Bank cuts China growth forecasts on Covid woes, property crisis

In a statement, the World Bank slashed its forecast to 2.7 percent from 4.3 percent predicted in June. It also...
  • After years of sudden lockdowns, mass testing, long quarantines and travel restrictions, China this month abruptly abandoned its zero-Covid policy
  • Beijing has sought to mitigate low growth with a series of easing measures to provide support, slashing key interest rates and pumping cash into the banking system

Climate change fuelling cholera surge, says WHO

GENEVA, SWITZERLAND - Climate change is fueling a global cholera upsurge, the WHO said Friday, warning the situation was compounded by...
  • Fatality rates are extremely high for most of the countries for which the UN health agency has data.
  • Cholera outbreaks can be prevented by ensuring access to clean water and improving surveillance.

$858 bn US defense bill scraps military vaccine mandate

The mandate -- under which the Pentagon says more than 8,000 military personnel have been discharged for refusal to comply...
  • The White House supported Austin's opposition to repealing the mandate, but that was not enough to carry the day in Congress
  • Republican Representative Kevin McCarthy, who is seeking to become speaker of the House, has argued that the mandate has affected recruiting

WHO urges malaria funding boost as deaths stay stubbornly high

The World Health Organization called for more funds to help overcome towering challenges in the battle against malaria, which continues...
  • A report highlighted significant remaining challenges, including limited donor funding.
  • The COVID-19 pandemic has compounded several challenges facing efforts to battle malaria.

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.

UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

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99 percent of world live in areas with air pollution levels above WHO guideline limits

DUBAI, UAE - According to World Health Organization data, 99 percent of the world’s population lives in places where air...

Vaping: lighting up, stubbing out

Developed in 2003 by the Chinese pharmacist Hon Lik, concerns are growing over the risk of teens becoming hooked on...

Global Fund to allot 70% of its funding to countries hit by climate change

Dubai, UAE--The Global Fund to Fight AIDS, Tuberculosis and Malaria (Global Fund) announced at COP28 that more than 70% of...

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WHO says misuse of antibiotics undermining efficacy

Copenhagen, Denmark - Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million...
  • WHO warned that without immediate intervention, resistance to antimicrobials -- which includes antibiotics -- could lead to up to 10 million deaths a year by 2050
  • It cited incorrect prescription as a "cause for concern," adding that in all the 14 countries, a third of the roughly 8,200 people surveyed had taken antibiotics without advice

Nations start negotiations over global plastics treaty at Nairobi meet

Nairobi, Kenya -- Nations grappling with the plastic "suffocating" nature and leaching into food and the human body began fresh...
  • Around 60 so-called "high ambition" nations have called for binding rules to reduce the use and production of plastic
  • Kenyan President William Ruto described plastic pollution as "an existential threat to life, to humanity and everything in between."

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...
  • Saudi Arabia is making strides in its pharmaceutical sector, with aims to produce 80 to 90 percent of its insulin domestically
  • At the Global Health Forum, key agreements were inked, spotlighting the Kingdom's commitment to medical biotechnology