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

Starvation in war-torn Yemen likely to increase five times : UN

The number of people in war-torn Yemen starving in famine conditions is projected to increase five-fold this year to 161,000,...
  • Over 30,000 people are already struggling in famine conditions, a joint statement by the UN and other global bodies said
  • The joint UN statement on Yemen comes two days ahead of a high-level conference to raise aid for the war hit nation

Chinese cities and factories lock down as outbreak spreads

China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts.
  • Authorities in China have reported 2,300 new covid cases across the country on Monday
  • China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts

UN dismisses Russia claim of Ukraine-US bioweapons

Russia called a meeting of the 15-member Security Council to repeat its previously made, unsubstantiated claims that Ukraine, with US...
  • Washington and Kyiv have denied the existence of laboratories intended to produce biological weapons in Ukraine
  • Linda Thomas-Greenfield, the US' envoy to the UN, accused Russia of requesting the meeting jut so it could spread disinformation’

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.

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...

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AlNeyadi conducts over 200 research experiments on board ISS

ABU DHABI, UAE - Over the course of a six-month space mission on board the International Space Station (ISS), UAE...

Sudan refugees stranded without healthcare in Chad

The new arrivals in Adre may now be safe from the gunfire, but they soon learn they are still in...

EU okays updated Pfizer and BioNTech’s anti-Covid vaccine

Adults and children over five require a single shot "irrespective of their Covid-19 vaccination history" while younger children may get...

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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...
  • The Iraqi government has pledged to disarm armed terrorist groups in Iraq by September 19," Iran's foreign ministry spokesman said.
  • He said that Baghdad had agreed to evacuate the groups from their bases and "transfer them to camps provided by the Iraqi government".

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...
  • An AFP tour of five Turkish coal-fired power plant villages witnessed the high human cost of relying on the outdated, highly polluting energy source.
  • Turkey was the last among the G20 economies to ratify the Paris Climate Accords, doing so only after the environment became a top issue in the wake of deadly wildfires.

UAE astronaut Sultan AlNeyadi studies cardiorespiratory impact in space

Dubai, UAE -  The UAE astronaut Sultan AlNeyadi on Wednesday participated in a cardiovascular study to examine cardiorespiratory impact in...
  • The experiment is a critical analysis of the impact of microgravity on cardiovascular and respiratory functions
  • Through the experiment, astronauts aboard the ISS monitor their heart rate, blood pressure,, and ECG using a bio-monitor shirt