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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.

Saudi king treated for lung infection: statement

Riyadh, Saudi Arabia - Saudi Arabia's King Salman has a lung infection and is undergoing a treatment programme involving antibiotics, the...
  • Earlier in the day, the Royal Court said King Salman was suffering from "high temperature" and would undergo medical tests at Al-Salam Palace in Jeddah
  • It was the second time in less than a month that the Saudi government had commented publicly about the 88-year-old king's health

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...
  • The bereaved father, who lives near the Rumaila field in the southern province of Basra, is demanding that the firm compensate him for his son Ali's medical expenses
  • He said no amount of money would make up for his son's death. But "what I am claiming is my right", added the 55-year-old father of seven, from his modest home

From polar bears to groundwater, nature is riddled with ‘forever chemicals’

Paris, France - They didn't exist a century ago but today PFAS "forever chemicals" contaminate the environment from groundwater to Antarctic...
  • On Thursday, a French legislator will introduce a bill to address what he calls the health "emergency" posed by exposure to PFAS in the environment
  • Widely used in everyday items, highly durable, and very slow to break down, PFAS have been detected in water, air, fish and soil in the remotest corners of the globe

Newborn mortality and malnutrition surges in Gaza, says WHO

"From different doctors, particularly in the maternity hospitals, they're reporting that they're seeing a big rise in children born with...
  • WHO said that at Kamal Adwan, the only pediatric hospital in northern Gaza, at least 15 malnourished children are coming in per day.
  • The organization is unable to establish precise statistics on child mortality because of the devastation in the Palestinian territory after six months of war.

WHO says 9,000 patients need emergency evacuation from Gaza

"Around 9,000 patients urgently need to be evacuated abroad for lifesaving health services, including treatment for cancer, injuries from bombardments,...
  • The WHO chief Ghebreyesus said that "Around 9,000 patients urgently need to be evacuated abroad for lifesaving health services".
  • "With only 10 hospitals minimally functional across the whole of #Gaza, thousands of patients continue to be deprived of health care," WHO chief said.

Poorer countries need money before raising climate targets, says COP29 head

Copenhagen, Denmark - Developing countries should not have to set stricter targets for cutting their carbon emissions before funds are available...
  • Addressing the meeting, Azerbaijan's Mukhtar Babayev said "there is a growing gap between the needs of developing countries and what's available.
  • This year, "finance will lie at the heart of climate diplomacy", said Babayev, the ecology and natural resources minister of Azerbaijan, host of COP29 climate summit.

UN warns record e-waste in 2022 a catastrophe for environment

On average, every person on earth generates roughly 7.8 kilograms (17 pounds 3 ounces) of e-waste each year, said the...
  • Less than one quarter of the 62 million tons of e-waste produced in 2022 was recycled, resulting in heavy metals, plastics and toxic chemicals leaking from junked devices
  • The scourge is only going to worsen as demand for new technologies, including solar panels and electric vehicles, outpaces the ability to recycle, the report by UN says

Middle East poised to lead global crypto surge as Bitcoin eyes $100,000

Geneva, Switzerland - A major new study released by The Lancet Neurology shows that, in 2021, more than 3 billion people worldwide...
  • Neurological conditions are now the leading cause of ill health and disability worldwide
  • The overall amount of illness and premature death caused by neurological conditions has risen by 18% since 1990

Nervous system disorders surpass heart ailments as top cause of illness

Paris, France - Conditions affecting the nervous system -- such as strokes, migraines and dementia -- have surged past heart disease...
  • More than 3.4 billion people -- 43 percent of the global population -- experienced a neurological condition in 2021, far more than had previously been thought, the analysis found.
  • The researchers looked at how 37 different neurological conditions affected ill health, disability and premature death across 204 countries and territories from 1990 to 2021.

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...
  • The report reveals that more children are surviving today than ever before, with the global under-5 mortality rate declining by 51 percent since 2000
  • The loss of life is primarily due to preventable or treatable causes, such as preterm birth, complications around the time of birth, pneumonia, diarrhea, and malaria

The new generation of blockbuster weight-loss drugs

After France on Friday became the latest country to allow all doctors, rather than just specialists, to prescribe these drugs,...

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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...

Pig kidney removed from US transplant patient, but she set record

Washington, United States - Doctors have had to remove the pig kidney implanted in an American woman after her body...

World’s tiniest pacemaker is smaller than grain of rice

Paris, France -- Scientists said Wednesday they have developed the world's tiniest pacemaker, a temporary heartbeat regulator smaller than a...

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GCC healthcare: Transforming the region and impacting the world

PwC forecasts that AI could contribute US$320 billion to Middle Eastern economies by 2030, with healthcare predicted to see some...
  • At the heart of this transformation is the adoption of advanced technologies like Artificial intelligence (AI), robotics, genomic medicine
  • Saudi Arabia exemplifies this technological shift through its National AI Strategy 2031, which integrates AI into healthcare and other sectors

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...
  • The global travel and tourism industry is projected to contribute over $15 trillion annually to the world economy by 2030.
  • By 2035, 60% of the city traffic and emissions can be reduced thanks to shared autonomous electric vehicles.

Trump’s aid freeze could cause millions more AIDS deaths: UN agency

Addis Ababa, Ethiopia - President Donald Trump's decision to suspend US overseas funding could result in millions more deaths from AIDS,...
  • The United States is the world's largest provider of official development assistance, with most funds directed through the United States Agency for International Development
  • Trump ordered the bulk of US foreign assistance to be frozen for three months on returning to office in January, leaving global humanitarians scrambling to deal with the fallout