Saudi Arabia to host largest health event with global participation on Oct 21-23
Riyadh, Saudi Arabia – Saudi Arabia is preparing to host the seventh edition of the Global Health Forum under the...
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...
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
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Saudi Arabia to host largest health event with global participation on Oct 21-23
Riyadh, Saudi Arabia – Saudi Arabia is preparing to host the seventh edition of the Global Health Forum under the...
Company News
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Novartis Q1 profit at $2.3bn
Business
Nearly 14m children in Sudan need aid, says UNICEF
NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support...
Geostrategy
Burjeel Holdings H1 net profit $61m
Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.
Business
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...
Science
Most Read
Economy
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
Economy
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
Geostrategy
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.