INSEAD Day 4 - 728x90

Health

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

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

From polar bears to groundwater, nature is riddled with ‘forever chemicals’

Paris, France - They didn't exist a century ago but today PFAS "forever chemicals" contaminate the environment from groundwater to Antarctic...

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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...

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,...

US firms to pay $1.2bn to clear claims of contaminating water sources

Three major chemical manufacturers announced that they will pay nearly $1.2 billion to settle claims that they contaminated water sources...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

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PIF sets up firm Badael to curb tobacco use in Saudi Arabia

RIYADH, SAUDI ARABIA- The Public Investment Fund (PIF) announced the establishment of Badael Company, which aims to develop, manufacture and...
  • Badael aims to address the negative impact that smoking has on the well-being of the Saudi population.
  • The company’s products are expected to help nearly one million people give up smoking by 2032.

Saudi professor secures US patent for innovative cancer therapy

Washington, USA -- The Saudi faculty member at Michigan State University Dr. Yasser Al-Dhamin, received a patent from the US...
  • The patent describes the development of a modern technology that targets an immune protein with a high concentration on the surface of immune system cells
  • The protein targeted in this project is called CRACC, and theresearch has demonstrated that CRACC protein exists on the surface of immune system cells in cancers

Saudi astronauts to conduct 11 experiments at Space Station

Riyadh, Saudi Arabia -– Two Saudi astronauts will conduct 14 scientific and research experiments during their ongoing space mission. The...
  • Besides 11 experiments in the microgravity environment, Ali Al-Qarni and Rayyanah Barnawi will participate in three interactive educational experiences with students in the kingdom
  • The focus will be on conducting human research, cell sciences, and cloud seeding experiments in the microgravity environment.