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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.

Why is WHO peeved over Mar 11 Covid anniversary?

The organization says the real alarm came six years earlier March 11, 2020 but "few people bothered to sit up...
  • The once-in-a-century pandemic has turned the world upside down, claiming more than six million lives.
  • The WHO declared a public health emergency of international concern (PHEIC) -- the highest level of alarm in the global health regulations -- on January 30, 2020.

First pig heart transplant patients dies

Following surgery, the transplanted heart had performed very well for several weeks without any signs of rejection.
  • The medical team behind the heart transplant said it was 'optimistic' about the future success of cross-species organ donation
  • Official data shows that more than 100,000 Americans are waiting for an organ transplant; over 6,000 die each year before getting one

F&B sector in GCC eyes greater sustainability

Tetra Pak Arabia Managing Director Niels Hougaard explains what lies ahead for F&B companies — bith regionally and globally —...
  • Pollution and plastic litter in the ocean are the joint top environmental worry, while global warming is a close second
  • GCC countries have launched several initiatives to educate consumers about recycling and sustainable consumption

Saudi Arabia lifts most Covid-19 restrictions

The decision includes suspending ‘social distancing measures in all open and closed places’ including mosques.
  • The Covid-19 pandemic hugely disrupted Muslim pilgrimages, which are usually key revenue earners for the kingdom, bringing in some $12 billion annually
  • In 2021, the pandemic forced Saudi Arabia to downsize the hajj for a second year, and just 60,000 fully vaccinated citizens and residents taking part

UAE sends 46 tons of food supplies to Malawi

Over the past 10 years, the UAE has reportedly sent relief supplies to Malawi amounting to AED85.3 million ($23.23 million).
  • The aid is expected to support efforts to meet children's needs for food and nutritional supplements in several villages and regions
  • The UAE has reiterated its commitment to a humanitarian approach that supports emergency relief for countries in need

Dubai Derma 2022 registers $540m in business deals, attracts 21,000 visitors

The Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma 2022) concluded its 21st edition on Wednesday, and registered...
  • It focused on various developments related to cosmetic surgery, lasers, cosmetic dermatology and anti-ageing, among others.
  • The conference featured 326 scientific lectures, 79 workshops, and more than 90 scientific poster presentations.

Two years into the pandemic, is the end in sight?

Scientists warn that potential new variants and unequal vaccination rates threaten any long-awaited return to normality.
  • Under the "reasonable best-case" scenario, there will be smaller regional or seasonal outbreaks, as the higher Covid numbers lead to fewer flu cases.
  • In the meantime, the WHO emphasizes that the best way to end the acute phase of the pandemic is for rich countries to share their doses rather than boost their populations again.

PCR testing is a business success in the region

A large number of kits of the PCR test has been manufactured and used across the world in general and...
  • The WHO has said the PCR test is one of the most efficient to detect a Covid-19 infection, but also costlier than other methods
  • The organization describes has said the test needs to be run at a molecular laboratory, which contributes to the higher cost

Jordan, Tunisia review bilateral ties, ways to boost health cooperation

The ministers of Jordan and Tunisia discussed ways to enhance bilateral ties, especially in health cooperation. Jordan’s Health Minister Firas...
  • Jordan’s Health Minister Firas Al Hawari met with Tunisian counterpart Ali Mrabet on Saturday in Amman
  • The ministers reviewed establishing health facilities such as cancer treatment centers and structures for monitoring communicable diseases.

UAE eases Covid-19 protocols for citizens and travelers

The UAE’s National Emergency Crisis and Disasters Management Authority relaxed the rules in coordination with its main partners.
  • At the local level, each emirate now has the flexibility to determine the duration of the quarantine period and PCR tests for Covid-19 contacts
  • However, they must maintain the need to follow precautionary and preventive measures, which include physical distancing and mask-wearing

UN agencies warn of ‘explosion’ in Gaza child deaths

Twenty weeks into Israel's war against Hamas in the Gaza Strip, UN agencies warned that food and safe water had...

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Almost the entire world is experiencing record heatwaves

Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...

Middle East firms pay fortune for employee burnout

A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...

Middle East firms pay fortune for employee burnout

A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...

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Iran emerging as a hub for health tourism in West Asia: Raisi

Tehran, Iran--Iranian President Ebrahim Raisi has claimed that health tourism in the country has attracted patients from neighboring countries and...
  • The Iranian president claimed that patients from Central Asia and Middle East have chosen Iran over Europe to come for medical treatment
  • In May, Iranian health minister said that last year more than 1.2 million foreign patients had been to hospitals in the Islamic Republic for various treatments

Israel ranks 5th healthiest country in the world

Dubai, UAE - Israel ranks in 5th place out of the 167 countries on the index of the world’s healthiest...
  • Asia is well represented generally, with the four top places rounded off by Japan, South Korea and Taiwan
  • The bottom five places are Somalia, Lesotho, Chad, South Sudan and the Central African Republic

Covid and Ukraine have badly hit UN sustainable goals progress

Geneva, Switzerland - United Nations Conference on Trade and Development (UNCTAD) said the COVID-19 pandemic, Ukraine crisis and the climate...
  • The UNCTAD released the fifth edition of its annual SDG Pulse, a global reference for tracking progress towards achieving the Sustainable Development Goals (SDGs) by 2030.
  • The data and analysis cover a wide range of SDG indicators and others relevant to trade, investment, financing for development, debt, transport and technology.