INSEAD Day 4 - 728x90

Health

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

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

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

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

Improving healthcare in the intelligent age requires cultural change and collaboration

Leaders can utilize AI tools to streamline this challenging process by efficiently identifying individuals who are qualified matches to participate...

Company News

Latest News

Covid cases up 80 percent globally as new subvariant rises

The number of new COVID-19 cases reported worldwide rose by 80 percent in the last month, the World Health Organization...

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...

Burjeel Holdings H1 net profit $61m

Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Almost the entire world is experiencing record heatwaves

Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...
  • Authorities in many countries have been sounding the alarm, advising people to avoid outdoor activities in the daytime and to be wary of dehydration.
  • Scientists insist global warming - linked to dependence on fossil fuels - is behind the intensification of heat waves in the world.

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

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