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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.

Amanat Holdings buys 60% stake in HDC for US$58m

HDC provides special education and care services in S Arabia.
  • HDC has a presence across six provinces of Saudi Arabia and caters to over 3,000 beneficiaries.
  • It has a network of nine schools, 22 daycare centers and specialized rehabilitation medical clinics.

Video games not as harmful for children as feared

Parents often worry about the harmful impacts of video games on their children, but a large new US study indicates...
  • For the new research, Chaarani and colleagues analyzed data from the large and ongoing Adolescent Brain Cognitive Development (ABCD) Study
  • Future studies could also benefit from knowing what genres of games the children were playing -- though at age 10 children tend to favor action games

UAE Minister highlights youth’s role in sustainable food systems

DUBAI, UAE - UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the World Food...
  • The Minister held meetings with several high-level FAO officials on the UAE’s contribution in tackling global food and nutrition insecurity.
  • The event drew governments, youth champions, global influencers and non-profit organizations to support youth-led transformation of agrifood systems.

GCC unveils Center for Disease Prevention and Control

Riyadh, Saudi Arabia—The GCC has unveiled the Gulf Center for Disease Prevention and Control in Riyadh to enable the prevention...
  • The GCC health ministers and GCC Secretary-General Dr. Nayef Al-Hajraf were present at the event
  • The ministers discussed various issues of common interest and took several decisions, including the implementation of decisions and directives of the Supreme Council

Dubai to host 3 healthcare events next week

The United Arab Emirates is set to host three healthcare events next week in Dubai where over 4,000 healthcare professionals...
  • Over 4,000 healthcare professionals and participants are expected to attend.
  • Around 140 expert speakers will deliver 110 scientific sessions and over 40 participating countries will also be present.

Robotic suit gives paralyzed children gift of walking

The mechanical joints of the battery-powered titanium suit adapt intelligently to the motion of each child, according to the European Patent...
  • The suit helps to achieve in record time rehabilitation goals that would take months to achieve with conventional therapies
  • The benefits include muscle strengthening, improvement of the digestive and respiratory systems and a major mood boost

Hybrid healthcare puts patient at the center

Beside facilitating the delivery of quality treatment, telehealth has altered the competitive landscape of private healthcare, allowing providers to offer...
  • A vast majority of healthcare institutions has adopted new telehealth solutions while others expanded their existing programs to ensure patient care continuity
  • In the UAE, the telehealth market is predicted to reach over US$535.5 million by 2025, expanding at a CAGR of 25 percent from 2020 to 2025

‘Close the windows’: Lebanon power plant sparks cancer fears

Thick black smoke sometimes billows from its red-and-white chimneys, leaving a grey haze in the air above the Zouk Mikael...
  • A Greenpeace study found that the surrounding Jounieh area ranked fifth in the Arab world and 23rd globally for cities most contaminated by nitrogen dioxide
  • The environmental group's 2018 study singled out the Zouk plant, built in the 1940s, as well as cars on a busy motorway and privately owned electricity generators

Oxfam says world failing to address ‘dangerous’ inequality

The UN and Oxfam have previously decried the unequal distribution of vaccines from richer Western countries to lower-income ones, particularly...
  • Oxfam also found that two-thirds of countries failed to increase their minimum wage in line with gross domestic product
  • It delivered a withering criticism of most nations, arguing that the pandemic should have been a "wake-up call" to act on poverty in general

‘Heatwave to make human life unsustainable in certain areas’

GENEVA, SWITZERLAND - Heatwaves will become so extreme in certain regions of the world within decades that human life there...
  • Heatwaves are predicted to "exceed human physiological and social limits" in the Sahel, the Horn of Africa and south and southwest Asia.
  • "There are clear limits beyond which people exposed to extreme heat and humidity cannot survive," a report by the UN and Red Cross said.

Improving healthcare in the intelligent age requires cultural change and collaboration

Leaders can utilize AI tools to streamline this challenging process by efficiently identifying individuals who are qualified matches to participate...

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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.