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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

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

UN says Lebanon child vaccination rates drop 30%

Child vaccination rates in Lebanon have dropped by more than 30 percent, compounding a health crisis marked by drug shortages...
  • Since 2019, Lebanon is grappling with a financial crisis that the World Bank says is of a scale usually associated with wars
  • The currency has lost more than 90 percent of its value and in excess of 80 percent of the population now lives below the poverty line

China economy grows 4.8% in first quarter as virus bites

The world's second-biggest economy was already losing steam in the latter half of last year with a property slump and...
  • China's GDP growth was better than expected at 4.8 percent on-year in the first quarter
  • But the data did not take in the gnawing impact of a weeks-long lockdown in Shanghai

Gulf Biotech Company becomes second drug producing firm in Bahrain

The licensed plant will manufacture a variety of injectable human healthcare formulations such as vials, ampoules and prefilled syringes.
  • National Health Regulatory Authority (NHRA) announced that it had licensed the medical firm.
  • The injectable drugs will be subjected to final inspection to be granted a Good Manufacturing Practices.

Unvaccinated citizens can travel if they present negative PCR: UAE

The UAE will allow unvaccinated individuals to travel on April 19 if they present a negative PCR test result taken...
  • Unvaccinated individuals aged under 16 is exempt from presenting a negative PCR test result upon arrival
  • The policy is aimed at achieving sustainable recovery and the return to normalcy to boost the economy

WEF24: AI-generated drugs promise cost reduction

AI is playing a critical role across the biomedical spectrum, from accelerating drug discovery to improving care delivery systems, says...

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Ma’aden, BADC ink agreement

Firm to supply 600,000 tons of fertilizers to BADC.

WHO’s first global summit on traditional medicine begins Aug 17

Geneva, Switzerland -- The World Health Organization (WHO) is convening the Traditional Medicine Global Summit on 17-18 Aug 2023​ in...

Covid cases up 80 percent globally as new subvariant rises

The number of new COVID-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization...

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Burjeel Holdings H1 net profit $61m

Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.
  • Burjeel Holding reported revenue of US$599 million, up 13.9 percent y-o-y during H1 2023.
  • The net profit was attributable to robust topline growth and significantly lower finance costs.

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...
  • The WHO said the heat often worsens pre-existing conditions, saying it was particularly concerned about those with cardiovascular diseases, diabetes and asthma.
  • Millions of people across three continents are enduring a sustained spell of dangerous heat as temperature records tumble.

Almost the entire world is experiencing record heatwaves

Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...
  • Authorities in many countries have been sounding the alarm, advising people to avoid outdoor activities in the daytime and to be wary of dehydration.
  • Scientists insist global warming - linked to dependence on fossil fuels - is behind the intensification of heat waves in the world.