Health

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

The future is already here

Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...

UAE announces first case of monkeypox

The case was detected in a 29-year-old woman who arrived from West Africa.
  • The case was detected in a 29-year-old woman who arrived from West Africa
  • The UAE health ministry called on members of the public to refrain from spreading rumours

Eighth sandstorm since mid-April brings Iraq to a halt

On Monday a thick cloud of dust enveloped the capital Baghdad in an orange glow and blanketed many other cities.
  • Authorities in seven of Iraq's 18 provinces, including Baghdad, ordered government offices to shut.
  • The last one earlier this month led to the death of one person while 5,000 others had to be hospitalized for respiratory problems

WHO renews ties with Saudi drug authority for global cooperation

The approval is expected to transform the regional center into a global center covering the eastern Mediterranean and Africa.
  • The move aims to contribute to the SFDA in assisting emerging countries in monitoring and regulating medical devices and supplies
  • It also looks to benefit from the WHO’s expertise in various regulatory and supervisory areas in medical devices and supplies

US nears 1m Covid dead, as New York seeks to move on

America recorded its first coronavirus death, on the West Coast, in early February 2020. By the next month, the virus...
  • The US has recorded a rise in the number of daily virus cases in recent weeks due to the new Omicron subvariant and the lifting of mask mandates
  • Ideological clashes in public over curfews, mask mandate, and vaccine mandates resulted in the country hitting the highest death toll in the world

‘Workplaces must prioritize mental health’

In many industries, working from home is the way of the future and a better working and mental lifestyle, Quartz...
  • People tense or stressed at work are more than three times likely to plan to look for a new job
  • In contrast, employees who feel supported are more likely to stay, lowering turnover costs

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

Trump – oldest elected US president – undergoes physical

Washington, United States - Donald Trump had his first annual medical checkup Friday since returning to power, putting focus on...

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WHO transports Gaza aid to Egypt, waits for humanitarian access

Geneva, Switzerland - The World Health Organization said on Saturday enough basic health supplies to serve 300,000 people in the Gaza...

SFD to provide US$20m loan to Central African Republic for development projects

MARRAKESH, MOROCCO - The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, signed an additional US$20...

‘Broken in two’: Libya flood survivors grapple with mental health

Last month's flood was the latest catastrophe to strike the oil-rich North African country that has been wracked by war...

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UN agencies warn of disease threat in Libya’s Derna city

UN agencies warned that Libya's flood-stricken city of Derna, where thousands were killed a week ago, faces the threat of...
  • The massive flash flood that killed over 3,000 people and left thousands more missing came as Libya was lashed by the hurricane-strength Storm Daniel.
  • “Teams from nine UN agencies have been on the ground delivering aid and support,” said the UN Support Mission in Libya.

EIH buys stake in Al Ain Pharmacy

Move aligns with EIH's aim to diversify sources of investment.
  • The acquisition is vital for EIH as it seeks to strengthen its investment in healthcare through its subsidiary Health Plus Holding.
  • The move will help provide additional and sustainable value to investors and achieve the maximum return on investment.

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...
  • WHO chief said he had already written to China asking "to give us information " and for the organization to send a team "if they allow us to do so".
  • He said WHO would not abandon its investigation and has called on China for transparency in sharing data and carrying out investigations.