INSEAD Day 4 - 728x90

Health

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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

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

AI companions present risks for young users, US watchdog warns

New York, United States -- AI companions powered by generative artificial intelligence present real risks and should be banned for...

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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...

WHO urges pandemic plans as ‘painful’ Covid ends

Geneva, Switzerland - The head of the WHO said on Tuesday the world needs to properly prepare for future pandemics after...

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...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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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.

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...
  • Leading businesses recognize that they have an important role in reducing air pollution alongside greenhouse gas emissions.
  • Business activity contributes significantly to air pollution globally but air pollution is not prioritized nor integrated into climate action.

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...
  • The birth of vaping comes in the year that Ireland bans smoking in workplaces, including pubs and restaurants, sparking a global clampdown on smoking indoors.
  • Many doctors welcome the devices, which are tar-free, as a potential lifesaver in the fight against cancer, heart disease, strokes and other diseases.