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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

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

Pfizer plans new Covid jab

It has said a shot for multiple variants is coming by 2022-end.
  • Chairman Albert Bourla said Pfizer was also working on a vaccine that could provide good protection for a whole year
  • This means people would come back annually for boosters, as with influenza shots currently given out in the US

Qatar, UK ink pact on food safety, environmental health

Qatar Food Safety and Environmental Health Department Director Wassen Abdullah Al Bakr said that the agreement would enhance food safety...
  • Qatar Food Safety and Environmental Health Department Director Wassen Abdullah Al Bakr said that the agreement would enhance food safety in Qatar
  • It provides a framework for enhanced cooperation in food safety research, particularly food contaminant and risk management analyses

Pandemic ‘far from over’, but ‘let’s end it together’, says UN chief

The UN chief said countries need to fulfil and accelerate dose-sharing and donation commitments in order to reach the billions...
  • Antonio Guterres said the spread of Omicron was “a startling reminder of how quickly COVID-19 can mutate and spread
  • The Omicron variant of the novel coronavirus is now surging in the form of the BA2 variant in many parts of the world

Iraq witnesses dust storm that lands dozens in hospital

Iraq is particularly vulnerable to climate change, having already witnessed record low rainfall and high temperatures in recent years.
  • The storm erupted in the north of the country on Thursday, leading to cancellation of flights serving Kurdistan’s capital Arbil
  • As the storm swept south, it shrouded the Iraqi capital of Baghdad and cities as far south as Nasiriyah in a ghostly orange

Man vaccinated for Covid 217 times shows no side effects

Paris, France - A German man who deliberately got vaccinated for Covid-19 a whopping 217 times did not report any side...

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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...

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’s maiden traditional medicine summit opens in India

"WHO is working to build the evidence and data to inform policies, standards and regulations for the safe, cost-effective and...

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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...
  • Co-hosted by the Government of India, the Summit will explore the role of traditional, complementary, and integrative medicine in addressing pressing health challenges.
  • Scientists and other experts will lead technical discussions on research, evidence and learning; policy, data and regulation;

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...
  • The UN agency said that nations reported nearly 1.5 million new cases from July 10 to August 6.
  • Many of the new cases came in the Western Pacific region, which saw infections jump by 137 percent.

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...
  • The crisis in Sudan recently passed the 100-day mark and overall, 24 million people across the country require aid.
  • Chad is one of several neighboring nations hosting some 900,000 people who fled the violence in Sudan.