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TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Oman okays 3rd Covid-19 vaccine dose for adults

The decision is said to have come at a meeting of Oman’s Supreme Committee tasked with tackling developments resulting from...
  • Epidemiological reports and analyses point to a minor increase in positive cases in Oman
  • The reports also showed that 93 percent of the target population received at least one dose of Covid-19 vaccines

Growing health costs push over half a billion into extreme poverty: WHO-WB

UN Secretary-General António Guterres in his message marking the International Universal Health Coverage Day said that with the third year...
  • “The pandemic will not end for any country until it ends for every country," said the UN chief
  • The new WHO/World Bank reports warn that financial hardship will become more intense

UAE University patents virus-killing ‘electrical mask’

The backing material of the device is made of suitable flexible plastics or polymer material, which can conform to the...
  • The university is looking to start marketing the patent as the next step, said Prof Ahmed Ali Murad, Associate Provost for Research.
  • A second application of the device is its functionality for vaccine development.

WHO allays Omicron fears, says it may not dodge all vaccines

According to WHO, the existing vaccines might prove less effective against the new Omicron variant as it counts more than...
  • Omicron is better at infecting those who are vaccinated or those earlier had Covid-19
  • According to the South African data, the new variant of Covid-19 is likely more transmissible than previous variants

WHO advises against blood plasma treatment for Covid-19

The WHO has made a ‘strong recommendation’ against the use of blood plasma in people who do not have serious...
  • Convalescent plasma is the liquid part of blood from a recovered Covid-19 patient that contains antibodies
  • It was one in an array of potential treatments investigated early in the pandemic, but has shown limited benefit

Vaccine developer warns of ‘more lethal’ pandemic

The lead developer of the Oxford/AstraZeneca coronavirus vaccine warned the next pandemic could be "more lethal", urging better preparedness in...
  • The Oxford/AstraZeneca jab, which was the first coronavirus vaccine to be approved for use in the UK, is used in more than 170 countries globally
  • She been making and testing vaccines for more than a decade, primarily using antigens from malaria and influenza

Jordan jails hospital chief over Covid deaths

A Jordanian court on Sunday sentenced to three years in jail the director of a state hospital over the deaths...
  • Abdel Razak al-Khashman and four aides were convicted of "causing the deaths" at the Salt state hospital where the patients died after it ran out of oxygen
  • The deaths in March sparked public anger in Jordan and led to the resignation of health minister Nazir Obeidat

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

As truce talks resume in Cairo, people in Gaza suffer from hunger

Heavy fighting rocked besieged Gaza as aid agencies warned of looming famine and new talks were held in Cairo towards...

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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...

UAE sees 20 percent decrease in nitrogen oxide emissions: study

Dubai, UAE-- The UAE has witnessed a 20 percent drop in nitrogen oxide emissions from power generation activities, according to...

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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.

Bahrain free of India-made ‘contaminated’ cough syrup

Manama, Bahrain - Bahrain has taken steps to ban from its markets the contaminated cough syrups made in India in...
  • The National Health Regulatory Authority (NHRA) on Sunday confirmed that the Kingdom's markets are free of Indian cough syrup
  • The Authority has reassured the public that it is committed to ensuring the safety of medicines and pharmaceuticals circulating in the Kingdom