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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

‘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.

Saudi healthcare needs $35bn as population rises

The kingdom will need an investment of $35.6bn for nearly 20,000 new hospital beds by 2030, according to Colliers. High...
  • The cost of land in Riyadh has almost doubled in the last two to three years, according to Mansoor Ahmed, Colliers Executive Director Middle East & Africa.
  • REIT funds in the kingdom can unlock around $59 - $63.4 billion property value, playing a key role in growth in the healthcare sector.

Abu Dhabi launches healthcare grant to help research, innovation

The Department of Health – Abu Dhabi (DoH) launched the first edition of the Healthcare Research and Innovation Grant, a...
  • The grant seeks to fuel healthy competition across the healthcare ecosystem in the emirate.
  • It seeks to help start unique research projects and innovative products, technologies and services in Abu Dhabi’s healthcare facilities.

Qatar allows non vaccinated fans at FIFA World Cup

But players and match officials may be forced into a secure "bio-bubble" if Covid-19 cases take off again, with the...
  • The 29-day tournament will be the first major global sporting event with fans since the eruption in December 2019 of the Covid pandemic.
  • All visitors aged over six will have to produce negative Covid-19 tests before taking flights to Qatar for the tournament that starts November 20.

Eman Al Shamsi is first Arab, Emirati member of WLPO steering committee

The WLPO network, part of the International Society of Pediatric Oncology (SIOP), promotes female leadership in pediatric oncology.
  • The WLPO network, part of the International Society of Pediatric Oncology, promotes female leadership in pediatric oncology
  • Dr Al Shamsi membership in the WLPO steering is a significant achievement and a success for the EHS medical staff

UAE to relax COVID-19 restrictions from Sept. 28

The UAE will be relaxing COVID-19 restrictions nationwide which will come into effect starting September 28. Dr. Saif Al Dhaheri,...
  • Official websites of the Ministry of Health and Prevention, the Federal Competitiveness and Statistics Centre and NCEMA will continue to issue updated data.
  • COVID-19 daily cases announcement will be discontinued.

Joe Biden says Covid pandemic in US “is over”

Although people are still testing positive for Covid in the country, US President in an interview declared that pandemic in...
  • With Covid restrictions largely eliminated and travel having rebounded to pre-pandemic levels in the US, the comments were reflective of the current status of much of US society
  • Biden's remarks come only a few weeks after his administration asked Congress for billions of dollars in funding to maintain its testing and vaccine programs

UAE health ministry inks pact with Mediclinic Middle East

UAE Ministry of Health and Prevention (MoHAP) has signed a memorandum of cooperation (MoC) with Mediclinic Middle East to strengthen...
  • UAE Ministry of Health and Mediclinic Middle East will cooperate in exchange of expertise and enhancing health research.
  • Both entities will cooperate in organizing scientific conferences, training programs related to health research in the country.

WHO says 9,000 patients need emergency evacuation from Gaza

"Around 9,000 patients urgently need to be evacuated abroad for lifesaving health services, including treatment for cancer, injuries from bombardments,...

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‘Broken in two’: Libya flood survivors grapple with mental health

Last month's flood was the latest catastrophe to strike the oil-rich North African country that has been wracked by war...

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...

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...

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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...
  • WHO chief said he had already written to China asking "to give us information " and for the organization to send a team "if they allow us to do so".
  • He said WHO would not abandon its investigation and has called on China for transparency in sharing data and carrying out investigations.

California sues oil giants, alleges environment, climate-risks deception

The US state of California sued five of the world's largest oil companies, alleging the firms caused billions of dollars...
  • The suit follows numerous other cases brought by US cities, counties and states against fossil fuel interests over the impact of climate change.
  • The suit seeks the creation of an abatement fund to pay for future damages caused by climate disasters in California.

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.