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‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

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

Vaccine factory to come up in Khazaen City with $52m outlay

The first phase of the project is expected to be set up on a total area of 37,000 square meters.
  • The agreement was signed by Khazaen CEO Salim Al Thuhli and Opal’s Chairman of the Board of Directors, Sa’ad Moosa Al Junaibi
  • Al Thuhli was quoted by the official sources as saying that the project would be the first vaccine factory in Khazaen Economic City

Vaccine supply outstrips demand, inequity remains

Many richer nations are now approaching oversupply. European Union and G7 countries had a surplus of 497 million doses at...
  • More than 13 billion doses have been produced since the pandemic, 11 billion of which have been administered.
  • Countries like South Africa and India have long called for the WTO to suspend intellectual property rights for vaccines and anti-Covid treatments, so they can boost production.

Omicron lasts three days less than Delta for boosted: Study

People who are vaccinated and have had a booster shot against Covid-19 recover from symptoms from the Omicron variant more...
  • The study also found that people with Omicron are significantly less likely to lose their sense of smell, and confirmed previous research that it is less severe
  • People who had two doses but no booster shot saw Omicron symptoms clear up in 8.3 days, compared to 9.6 days for Delta

KSA: Third Covid wave saw one death per 100,000 infections

The first wave of the pandemic spanning April to the end of November 2020 witnessed 267 deaths for each 100,000...
  • The first wave of the pandemic spanning April to the end of November 2020 witnessed 267 deaths for each 100,000 cases
  • During the second wave between March and August 2021 the death rate lowered to 99 cases for each 100,000 infections

Climate-related health emergencies on the rise in Africa: WHO

Floods, water, and vector-borne diseases have been worsening the health crises in Africa, said WHO's regional director for Africa.
  • The WHO has said health emergencies caused by climate change are increasing in Africa
  • The UN health agency has called on governments to implement WHO air quality guidelines

Lebanon central bank not bankrupt, says governor

Lebanon’s Deputy Prime Minister Saadeh al-Shami claimed on Monday that the country and its central bank had gone bankrupt. The...
  • Lebanon is in the third year of a financial implosion, which is widely blamed by experts on decades of corruption and bad policies
  • These have led the currency to crash in value by more than 90 percent since end-2019, and banks to lock most savers out of hard currency

First World Cup in Middle East will be healthiest ever: FIFA President

Several measures will be implemented at this year’s FIFA World Cup Qatar in a bid to promote healthy lifestyles. Senior...
  • World Health Organization, Qatar's health ministry and FIFA agree to implement several measures to promote healthy lifestyles at the mega event.
  • The three entities will leverage the global power of football to help people lead healthy lives, said WHO Director-General Dr. Tedros Adhanom Ghebreyesus.

GCC pharma industry: Leaders and innovators

GCC countries have a highly dynamic environment characterized by growing populations, a broad diversity of patient demands and increasing healthcare...
  • The number of drug factories in the UAE has risen from four in 2010 to 23 in 2021, while its drug market is expected to grow up to $4.7 bn in 2025.
  • More than $400m worth of Saudi pharmaceuticals are exported each year. The kingdom aims to double the percentage of local pharma manufacturers.

‘Hybrid immunity’ is best Covid protection

Two new studies have highlighted the importance of getting jabbed for those who have natural immunity after recovering from the...
  • For people who have already had Covid, Pfizer and AstraZeneca's vaccines offered 90 percent effectiveness against hospitalization and death
  • Meanwhile, China's CoronaVac had 81 percent and Johnson & Johnson's one-shot jab had 58 percent effectiveness against these occurrences

Iraq father begins legal action against BP over son’s cancer death

Rumaylah, Iraq - Hussein Julood is taking legal action against British energy giant BP after he lost his son to...

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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.