Health

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

Experts seek to legitimize AI mental health care

Researchers at Dartmouth College believe artificial intelligence can deliver reliable psychotherapy, distinguishing their work from the unproven and sometimes dubious...

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

Experts seek to legitimize AI mental health care

Researchers at Dartmouth College believe artificial intelligence can deliver reliable psychotherapy, distinguishing their work from the unproven and sometimes dubious...

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Women’s health gap costs US$1trn worldwide: report

Women spend a quarter more of their lives suffering from poor health than men, a disparity that includes an unequal...

PureHealth buys Circle Health

The deal signifies PureHealth’s operational capabilities.

Saudi team discovers genetic disorder, names it Alfadhel syndrome

RIYADH, SAUDI ARABIA - A team of Saudi researchers from King Abdullah Children's Specialist Hospital (KACSH) and King Abdullah International...

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Global health crisis looms amid climate change: WEF

Global coalition and trillions of dollars are required to prevent escalating human deaths due to climate change, Dr. Shyam Bishen...
  • Global coalition and trillions of dollars are required to prevent escalating human deaths due to climate change, Dr. Shyam Bishen of the World Economic Forum tells TRENDS.
  • He emphasizes a strong link between climate change and human health, underscoring the critical role of private sector engagement in combating related health issues.

Ultra-processed foods linked to obesity, heart disease, cancer and early death

In recent years, dozens of studies have found that people who eat lots of UPFs have a higher risk of...
  • Researchers warning of their dangers have called for taxation and even bans of products
  • However some nutrition experts have started to push back against such all-encompassing claims

Sidra Medicine, GlobeMed Qatar sign pact on medical services

DOHA, QATAR – Sidra Medicine and GlobeMed Qatar have signed an agreement to offer eligible insured members of payers contracted...
  • The insured members contracted with GlobeMed Qatar will have access to Sidra Medicine’s women’s and pediatric medical services.
  • This collaboration marks a significant step in offering insured members enriched healthcare experience in Qatar.