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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%.

WHO says no Omicron deaths yet, as variant spreads worldwide

There had been a spike in the number of children under five admitted to hospital since Omicron emerged.
  • Mild symptoms as headaches, sore throat, and coughs reported on those afflicted of Omicron
  • The first detected in South Africa omicron variant of COVID-19 has now reached to 38 countries

IMF says Omicron could slow global growth

According to the economists, Omicron's threat to economy will likely be less severe than the previous waves.
  • The emergence of omicron led to a major crash in the global stock and oil markets in late November
  • WHO highlighted the issue of inequitable distribution of vaccines on several occasions

World needs $41bn aid for vulnerable next year: UN

The annual appeal by UN agencies and other humanitarian organisations said that providing aid to the 183 million most vulnerable...
  • The pandemic has forced 20 million people into extreme poverty, but the Omicron variant would cause more damage, said the UN
  • It has asked donors for more fund as Covid-19, the climate crisis, and wars left millions of people helpless

WHO warns of ‘toxic mix’ as EU chief mulls mandatory Covid jabs

Nations with high vaccination rates are also struggling to contain rising infection numbers of Covid-19.
  • Dozens of countries have imposed travel restrictions mostly targeting southern African nations
  • Omicron threatens the world’s recovery and lowered growth estimates from 5.7% to 5.6%

Saudi Arabia, UAE report first Omicron cases in Gulf

Saudi Arabi on Wednesday recorded its first case of Omicron variant infection, in a citizen its health ministry said had...
  • The variant was first announced by South Africa but has since been discovered to have been present earlier in Europe
  • It has prompted governments around the globe to reimpose travel restrictions, despite warnings from the WHO against such a move

Canada bans travelers from Egypt, Nigeria, Malawi over Omicron fears

All travelers flying to Canada need to be tested at the airport upon landing except for the US.
  • All travelers flying to Canada need to be tested at the airport upon landing except for the US
  • Unvaccinated people can no longer board airplanes or ride trains in Canada

Pfizer already working on Covid vaccine targeting Omicron: CEO

Bourla likened the situation to the scenario earlier this year when Pfizer and its German partner BioNTech developed a vaccine...
  • Bourla likened the situation to the scenario earlier this year when Pfizer and its German partner BioNTech developed a vaccine in 95 days against Delta which was not used
  • On Monday, the World Health Organization warned the new Covid-19 Omicron variant poses a "very high" risk globally

Suspected Omicron cases mild: leading S.Africa doctor

A South African doctor who raised the alarm over Omicron said Sunday dozens of her patients suspected of having the...
  • Angelique Coetzee, chair of the South African Medical Association, told AFP she had seen around 30 patients who tested positive for Covid-19 but had unfamiliar symptoms
  • The World Health Organization has designated it a variant of concern, and scientists are working to assess its behavior

Merck pill can prevent grave Covid infections: US health panel

But the report, from an FDA advisory panel, cautioned that pregnant women should not use the drug, known as molnupiravir
  • But the report, from an FDA advisory panel, cautioned that pregnant women should not use the drug, known as molnupiravir
  • The preliminary FDA report confirmed the drug's effectiveness in patients with mild to moderate Covid or at risk of hospitalization

B.1.1.529 is ‘variant of concern,’ as WHO names it Omicron

WHO says the new variant ‘has a large number of mutations, some of which are concerning.’
  • WHO said the Omicron strain was first reported officially by South Africa on November 24
  • However, the first known confirmed B.1.1.529 infection was from a specimen collected on November 9

Healthcare industry globally faces data hacking threat

DUBAI, UAE - In an age where data is a cornerstone of modern healthcare, the industry faces an escalating threat...

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Latest News

M42 acquires Diaverum

Diaverum is world’s third-largest provider of dialysis services.

Glaxo buys Bellus for US$2bn

Move after GSK demerged its consumer healthcare unit.

Special glasses can slow down myopia in children

Developed by Japan's Hoya Corporation, the Miyosmart lenses, which also function as normal glasses to help the children see clearly,...

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WHO may aid Iraq in a bid to localize pharmaceutical sector

BAGHDAD, IRAQ - The World Health Organization (WHO) affirmed it is likely to support Iraq in the localization of its...
  • The WHO official said the organization has a plan with Iraq's health ministry for seven years to advance the health reality.
  • He said that "coronavirus testing laboratories have increased from one laboratory to more than 70 laboratories.

Microsoft, G42 sign MoU

MoU will leverage core competencies of both the firms.
  • The MoU will help explore joint business development and marketing opportunities across a variety of areas G42 covers.
  • Microsoft and G42 will be working in the coming months to finalize the development required to ensure regulatory compliance.

Children to be vaccinated in quake-hit northwest Syria

CAIRO/AMMAN, EGYPT/JORDAN -   Measles and polio vaccination campaign will be launched on Saturday across northwest Syria to protect some 800,000...
  • The vaccination drive is supported by WHO, the Vaccine Alliance, UNICEF, in partnership with local NGOs and the Syria Immunization Group.
  • Raising immunization levels among children is a priority in an area where the earthquakes partially or totally destroyed 67 health facilities.