Search Site

Trends banner

Health

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.

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.

MoIAT, Burjeel Holdings sign MoU on healthcare facilities

ABU DHABI, UAE -UAE's Ministry of Industry and Advanced Technology (MoIAT) has signed a Memorandum of Understanding (MoU) with Burjeel...
  • The MoU is in line with MoIAT's keenness to provide support and specialized healthcare for its employees and their families.
  • Burjeel Holdings will offer the ministry employees and their families special discounts on medical services that are not covered by insurance.

UAE removes most Covid restrictions and eases mask rules

Dubai, UAE—The United Arab Emirates has dropped almost all Covid restrictions as the rate of infection considerably drops in the...
  • Wearing masks in the UAE will now be optional in all open and closed facilities, including places of worship and mosques
  • Organizers of sports activities also have the option to require PCR tests or vaccination certificates as requisite to participate or attend their events

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

Stealth to Health: Medical innovation to combat silent killers

The future of healthcare is shifting towards decentralized, preventive care, leveraging AI to anticipate risks and improve long-term health outcomes,...

Company News

Latest News

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...

Most Read

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