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...
WHO registers eighty percent rise in measles case
Geneva, Switzerland - The World Health Organization voiced alarm on Tuesday at the rapid spread of measles, with more than 306,000...
Geostrategy
Science
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
Science
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
Economy
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
Business
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.
Economy
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.
Business
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.
Economy
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
Science
Repeated Covid-19 boosters is not a viable strategy: WHO
The Technical Advisory Group on Covid-19 Vaccine Composition (TAG-Co-VAC), an expert group created by the WHO to assess the performance...
- The group under WHO called for the development of new jabs that protect people who get Covid-19 against falling seriously ill
- It added that such vaccines should also be better at preventing people from catching the virus in the first place
Economy
Kuwait limits work attendance to 50% amid Omicron surge
Private employers have been told to limit their staff capacity in a manner that would still allow for a smooth...
- Private employers have been told to limit their staff capacity in a manner that would still allow for a smooth workflow
- Conferences and meetings would shift back to video link, while public transport capacity should not exceed 50 percent
Science
‘Historic’: US surgeons successfully implant pig heart in human
US surgeons have successfully implanted a heart from a genetically modified pig in a 57-year-old man, a medical first that...
- While the patient's prognosis is far from certain, it represents a major milestone for animal to human transplantation
- The patient, David Bennett, had been deemed ineligible for human transplant, a decision that is often taken when the recipient has very poor underlying health
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...
Company News
M42 acquires Diaverum
Business
Glaxo buys Bellus for US$2bn
Business
Latest News
Microsoft, G42 sign MoU
Business
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...
Business
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...
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...
Economy
Most Read
Geostrategy
Covid-19 has not gone away, kills 1,000 a week in Europe: WHO
Copenhagen, Denmark - The World Health Organization's European office on Tuesday warned the risk of Covid-19 has not gone away, saying...
- "Whilst it may not be a global public health emergency, however, Covid-19 has not gone away," WHO Regional Director for Europe Hans Kluge said
- "Unless we develop comprehensive diagnostics and treatment for long Covid, we will never truly recover from the pandemic," Kluge said
Geostrategy
Global body to fund 26 FAO projects worth $174.7m
ROME, ITALY - Building on growing momentum to tackle environmental problems by addressing the ways in which our food and...
- With these new projects, FAO's partnership with the GEF will have helped countries access over $1.4 billion in financing.
- These 26 projects will support countries to create or improve the management of nearly 17.9 million hectares of protected areas on land and sea
Science
Chinese doctors use 5G remote robot to perform successful surgery
XINJIANG, CHINA - China has successfully performed the world's first liver resection surgery utilising a domestically developed 5G remote robot,...
- A medical team from Zhejiang and Xinjiang provinces collaborated through the use of 5G remote robot, overcoming a considerable distance of 4,600 kilometers
- Leading the team was Dr. Liang Xiao, a chief physician from the Department of General Surgery at Zhejiang University School of Medicine's Sir Run Run Shaw Hospital