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Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

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

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

Saudi Arabia to host largest health event with global participation on Oct 21-23

Riyadh, Saudi Arabia – Saudi Arabia is preparing to host the seventh edition of the Global Health Forum under the...

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Gulf countries witness alarming increase in early-onset cancer cases

A recent study in BMJ Oncology 2023 has highlighted an alarming increase in early onset of cancer cases in the...

Healthcare sector in Qatar witnesses remarkable growth, says IPA Qatar

Doha, Qatar--Sustained investment in healthcare infrastructure in Qatar has seen a rapid transformation in the sector as promotion of health...

AlNeyadi conducts over 200 research experiments on board ISS

ABU DHABI, UAE - Over the course of a six-month space mission on board the International Space Station (ISS), UAE...

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EU okays updated Pfizer and BioNTech’s anti-Covid vaccine

Adults and children over five require a single shot "irrespective of their Covid-19 vaccination history" while younger children may get...
  • The European Medicines Agency said it "has recommended authorizing an adapted Comirnaty vaccine targeting the Omicron XBB.1.5 subvariant".
  • Known as Comirnaty Omicron XBB.1.5, the mRNA vaccine is to be used to prevent Covid-19 in adults and children from six months.

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...
  • With a storage capacity ranging from 102 to 700 medical prescriptions, the machine can fill prescriptions containing multiple medications
  • The beneficiaries submit requests to get their prescriptions filled by scanning the barcode attached to the prescription

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...
  • The Iraqi government has pledged to disarm armed terrorist groups in Iraq by September 19," Iran's foreign ministry spokesman said.
  • He said that Baghdad had agreed to evacuate the groups from their bases and "transfer them to camps provided by the Iraqi government".