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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

DEWA inches closer to finishing $72.42m water project

Dubai Electricity and Water Authority (DEWA) has completed 98.83% of its project to extend its water transmission network by 36...
  • The project includes enhancement of water network including installation and commissioning of pipelines
  • DEWA’s efforts have reduced the losses in water transmission and distribution networks from 42% in 1988 to 5.3% currently

Downtown Beijing goes quiet as zero-Covid policy smothers capital

Millions of people in Beijing stayed home on Monday as China's capital tries to fend off a Covid-19 outbreak with...
  • Lockdown in Shanghai has also intensified, causing outrage and rare protest in the last major economy still glued to a zero-Covid policy
  • The policy has winded an economy which just months ago had shown China was bouncing back fast from the pandemic

UAE’s Covid-19 response gets global plaudits

Earlier this year, the UAE rose to the top of Bloomberg’s Covid Resilience Ranking, outperforming European countries in terms of...
  • For one, smart-technology platforms were effectively used in the UAE to combat Covid-19
  • The UAE also adopted the mandatory use of face masks in March 2020, well ahead of the WHO recommendation

Saudi King Salman to stay in hospital after colonoscopy

On Sunday afternoon doctors performed a colonoscopy “and the result was sound”, the Saudi Press Agency later said.
  • On Sunday afternoon doctors performed a colonoscopy “and the result was sound”, the Saudi Press Agency later said
  • The king underwent gallbladder surgery in 2020 and had the battery of his heart pacemaker replaced in March

Fears mount for China’s economy as leaders dig in on zero-Covid

Mass testing of China's vast population could bring fresh misery to the economy, experts warned Friday, after Beijing vowed to...
  • Authorities have refused to bend to mounting public outcry at food shortages and spartan quarantine conditions
  • China's government has brandished the strategy as proof that it values human life above material concerns

WHO claims 13-16 million people died due to Covid in 2020-21

The WHO declared Covid an international public health emergency on January 30, 2020, after cases of the new coronavirus spread...
  • The figures give a more realistic picture of the worst pandemic in a century, which killed around one in 500 people worldwide.
  • The figures are extremely sensitive due to how they reflect on the handling of the crisis by authorities around the world.

Sandstorm leaves more than 1,000 Iraqis in hospital

More than 1,000 Iraqis were rushed to hospital with respiratory ailments on Thursday due to a sandstorm, the seventh to...
  • Authorities in Al-Anbar and Kirkuk provinces, north of the capital, urged people to stay indoors
  • Hospitals in Al-Anbar province had received more than 700 patients with breathing difficulties

Saudi Arabia lifts ban on poultry and eggs from Denmark

Saudi Arabia had stopped the imports as reports of avian influenza, or bird flu, emerged from across the world.
  • Food products have a significant role in Denmark’s economy
  • Two-thirds of his country’s exports are mainly food products

Turkey partially lifts COVID-19 mask mandate

The move follows similar actions by European countries, which lifted the mask mandate partially or entirely.
  • Mask use would still be in place in mass transit and hospitals
  • It would go when the number of daily cases ‘drops below 1,000’

China expands mass testing as lockdown fears grow

Under its zero-Covid policy, China has used strict lockdowns, mass testing and severe travel restrictions to stamp out infections. But...
  • China is struggling with a new wave coronavirus infections, and it reported 52 new Covid deaths on Tuesday
  • Officials ordered people in 12 central districts to undergo three rounds of PCR testing

WHO warns new cancer cases will rise to 35 million by 2050

Geneva, Switzerland - The number of new cancer cases will rise to more than 35 million in 2050 -- 77 percent...

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Nearly 14m children in Sudan need aid, says UNICEF

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support...

Burjeel Holdings H1 net profit $61m

Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.

Severe heat a cause of worry for healthcare system, says WHO

GENEVA, SWITZERLAND - The extreme heat in the northern hemisphere is putting an increasing strain on healthcare systems, hitting those least...

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Middle East firms pay fortune for employee burnout

A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...
  • It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
  • It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

Middle East firms pay fortune for employee burnout

A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...
  • It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
  • It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

UAE opens field hospital in Chad to help Sudanese refugees

ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field...
  • The hospital was opened in the presence of the Chadian Minister of Health and a number of Chadian government officials.
  • Representatives of UAE entities supervising the implementation of the project, and the Emirati medical team were also present on the occasion.