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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

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

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.

Poorer countries need money before raising climate targets, says COP29 head

Copenhagen, Denmark - Developing countries should not have to set stricter targets for cutting their carbon emissions before funds are available...

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Saudi hospital installs world’s first automated medication dispensing machine

Tabuk, Saudi Arabia -- King Salman Hospital in Saudi Arabia’s  northwestern region has installed the world's first automated medication dispensing...

Iran vows to respond if Iraq fails to disarm Kurdish rebels

Tehran, Iran - Iran on Monday warned Iraq that it would take action if Baghdad does not honor its commitment by...

Years of coal plant expansion torment Turkey’s villagers

Villagers and environmental activists have been locked in clashes with the police in the southwestern Mugla province since their plant...

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Kuwait looks to boost cooperation with WHO in ‘all health services’

Kuwait City, Kuwait-- Kuwait is looking to strengthen cooperation with the World Health Organization in all health services, according to...
  • The minister pointed out to the WHO official how Kuwait addressed health challenges and implemented strategies to handle medical emergencies
  • The WHO assistant director praised Kuwait's efforts toward saving lives during global crises, which align with the country’s commitment to the UN Charter

UAE takes part in G20 joint health-finance ministers meeting   

GANDHINAGAR, INDIA - Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Assistant Minister of Foreign Affairs...
  • The meeting discussed the progress made by the Joint Finance and Health Task Force (JFHTF) this year.
  • The UAE participated in the three meetings that the Task Force held this year under the G20 Finance Track.

WHO launches global initiative on digital health supported by G20 Presidency

GANDHINAGAR, INDIA - The World Health Organization (WHO) and the G20 India presidency announced a new Global Initiative on Digital...
  • WHO serves as the secretariat for strategy implementation to fast-track digital health system transformation.
  • The new Global Initiative on Digital Health is one of the key deliverables of India’s G20 Presidency.