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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

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

Qatar rolls out new Covid policy for travelers

The Ministry stated that Qatar's Travel and Return Policy has been a key measure in the nation's COVID-19 strategy.
  • The new changes are a result of a fall in Covid cases in Qatar due to successful rollout of Qatar’s National Covid-19 Vaccination Program
  • Qatar citizens and residents are not required to bring PCR test before returning to Qatar, regardless of the departure country

Federation of Saudi Chambers signs deal to host UN Global Compact

The Federation of Saudi Chambers of Commerce signed an agreement to host the local network of the United Nations Global...
  • This pact affirms Federation's role in realizing the importance of corporate sustainability in implementing the programs and initiatives of Saudi Vision 2030.
  • It also covers the sustainable development goals of the UN through the Saudi private sector.

Covid tears through Iraq as vaccinations lag

In the stores and buses of Iraq masks are rare even as Covid-19 spreads widely, vaccines are viewed with suspicion...
  • "More than 95 percent of those sick with Covid-19 in intensive care are unvaccinated," said Ali Abdel Hussein Kazem, assistant director of the facility
  • Since January, Iraq's 40 million people have been confronted with a fourth coronavirus wave but -- unlike other countries -- the government has not imposed any restrictions

New South Wales displays agri-food innovations at Expo 2020

The Australian state of New South Wales (NSW) displayed its agri-food innovation and manufacturing capabilities to strengthen further its ties...
  • New South Wales highlighted its prominent companies in agtech, food & beverages besides prime investment opportunities.
  • The event saw six NSW companies pitched their businesses to the buyers, investors, distributors and retailers present in the audience.

Qatar to recall two infant products on suspicion of contamination

The Ministry urged all consumers to report any violations by communicating with the Consumer Protection and Anti-fraud Department.
  • The decision is taken due to the possibility of contamination of these products with Salmonella and Chronobacter bacteria.
  • The Ministry stated in a statement today that this move comes to ensure the immediate cessation of the use of the products.

Global child deaths reach historic low in 2022: UN report

Geneva, Switzerland – The number of children who died before their fifth birthday has reached a historic low, dropping to...

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Burjeel Holdings H1 net profit $61m

Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.

Severe heat a cause of worry for healthcare system, says WHO

GENEVA, SWITZERLAND - The extreme heat in the northern hemisphere is putting an increasing strain on healthcare systems, hitting those least...

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,...

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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...
  • It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
  • It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

UAE opens field hospital in Chad to help Sudanese refugees

ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field...
  • The hospital was opened in the presence of the Chadian Minister of Health and a number of Chadian government officials.
  • Representatives of UAE entities supervising the implementation of the project, and the Emirati medical team were also present on the occasion.

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