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BYD 2025 revenue surges

The EV manufacturer reported net profit of $.3.3bn for 9M 2025.

Aramco net income $28bn

Capital investment during Q3 2025 $12.9bn on investments in energy projects.

e& revenue up 23%

Consolidated net profit reached $2.94 billion during 2025.

Al Rajhi profit up 26%

Operating income for 2025 increased 22% to SAR 39 bn.

Emirates NBD 2025 profit $8.5bn

Total income rises by 12 percent, operating profit up 13%.

Kuwait Red Crescent Society, ICRC to support relief program for Rohingyas

Kuwait Red Crescent Society and International Committee of the Red Cross will support and implement a relief medical program for...
  • The agreement with ICRC supports the health, water and sanitation sectors, said Dr. Hilal Al-Sayer, chairman Kuwait Red Crescent Society.
  • Through these joint efforts, thousands of people will receive vital humanitarian assistance, including health care.

Dubai to host international aid conference in March

The 18th annual Dubai International Humanitarian Aid and Development Conference and Exhibition - DIHAD 2022, will take place from 14th...
  • The event will highlight the importance of strengthening partnerships and the need for global cooperation to tackle humanitarian issues
  • DIHAD is the first-ever humanitarian aid and development event in the Gulf, supported by Mohammed bin Rashid Al Maktoum Global Initiatives

WHO chief says how World can end Covid emergency this year

The countries need to work harder to ensure equitable access to vaccines and treatment, track the virus and its emerging...
  • Since the Omicron strain was first detected in southern Africa nine weeks ago, Tedros said 80m cases had been reported to the WHO -- more than in all of 2020.
  • Half of the WHO's 194 member states missed the previous target of vaccinating 40 percent of their people by end-2021.

Global vaccine program COVAX seeks $5.2b in funding

COVAX's initial goal was to deliver 2 billion doses by the end of 2021, but its lack of cash when...
  • COVAX's initial goal was to deliver 2 billion doses by the end of 2021, but its lack of cash when vaccine deals were made delayed its delivery
  • Nearly 1 billion doses of the United Nations-backed COVAX program have been delivered since the shipments began nearly a year ago

WHO approves two new Covid-19 treatments

The WHO's Covid-19 treatment recommendations are updated regularly based on new data from clinical trials.
  • Arthritis drug baricitinib, used with corticosteroids to treat severe or critical Covid-19 patients, led to better survival rates
  • Also recommended was synthetic antibody treatment Sotrovimab, for people with non-serious Covid-19 at the highest risk of hospitalization

EU expects more GCC investors for its special program: Official

On 12th October 2021, the European Commission issued its first-ever NextGenerationEU green bond
  • The program is a temporary recovery instrument to help Europe repair the immediate economic and social damage brought about by COVID-19.
  • Since June 2021, the European Commission has rolled out five issuances and raised around €71 billion in long-term EU-Bonds, and short-term EU-Bills

UAE, European Union discuss ways to boost cooperation

The meeting was hosted at the UAE Ministry of Finance’s headquarters in Abu Dhabi.
  • The Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met on Tuesday with Johannes Hahn, European Commissioner for Budget and Administration
  • This discussion is a part of the UAE’s Finance Ministry efforts to strengthen its relations with various countries and regional and international financial institutions.

Morocco’s GDP expected to grow by 3.2 percent in 2022: World Bank

The World Bank’s Global Economic Prospect reported on Tuesday that Morocco’s GDP is expected to grow by 3.2 percent in...
  • Output in 2023 is projected to remain about 5 percent smaller than expected before the pandemic, the World Bank notes.
  • The agricultural output returns to historical averages after the extraordinary performance of the primary sector in 2021, a WB report said.

UAE, European Union discuss ways to boost bilateral cooperation

The UAE and the European Union discussed ways of boosting bilateral cooperation between them to achieve mutual benefit across various...
  • The Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met on Tuesday with Johannes Hahn, European Commissioner for Budget and Administration.
  • This discussion is a part of the UAE’s Finance Ministry efforts to strengthen its relations with various countries and regional and international financial institutions.

World economy at risk as Omicron engulfs Europe

More than half of people in Europe will likely catch Omicron by March, the WHO has said amid a World...
  • The WHO's regional director for Europe Hans Kluge described a ‘new west-to-east tidal wave sweeping across’ the region
  • The WHO's European region covers 53 countries and territories including several in Central Asia, 50 of them had Omicron cases

Saudi products declared free from artificial trans fats

Riyadh, Saudi Arabia - The World Health Organization (WHO) has recognized the Saudi Food and Drug Authority (SFDA) for its...

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Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission.The Kingdom’s...

WHO unveils network to minimize spread of infectious diseases

The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and...

MoFAIC,  Burjeel Holdings ink MoU on healthcare services

ABU DHABI, UAE -  UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) and Burjeel Holdings have signed a Memorandum...

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Global warming raises risk of heat-related deaths among workers

The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard...
  • There is no international standard for temperatures for outdoor working, but climate change has forced new scrutiny.
  • Last year's World Cup in Qatar drew attention to workers toiling in temperatures that can top 50 degrees, prompting Qatar to ban outdoor working from 10am to 3.30pm.

Burjeel Holdings Q1 profit $33m

The company posted Q1 revenue of US$299 million.
  • Firm's revenue increased by 11.6 percent year-on-year and net profit by 43.4 percent reflecting strong growth.
  • Burjeel Holdings continue to review partnership opportunities in the Middle East and Africa region.

WHO debates whether Covid emergency should be declared over

Since the beginning, more than 765 million confirmed cases of Covid-19 have been reported to the WHO from around the...
  • The World Health Organization's emergency committee's 15th meeting on the crisis comes more than three years.
  • The independent committee meets every three months to discuss the pandemic and reports to WHO chief.