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Mashreq prices Dim Sum bond

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Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

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

Insulin out of reach for many 100 years after its discovery: WHO

The main barriers to accessing the lifesaving medicine, namely high prices, low availability of human insulin, a market dominated by...
  • The main barriers to accessing the lifesaving medicine, namely high prices, low availability of human insulin, a market dominated by just a few producers, and weak health systems.
  • Insulin is the “bedrock” of diabetes treatment, and WHO is working with countries and manufacturers to expand access to everyone who needs it

Iraq father begins legal action against BP over son’s cancer death

Rumaylah, Iraq - Hussein Julood is taking legal action against British energy giant BP after he lost his son to...

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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...

AstraZeneca’s new cancer medication Imjudo launched in UAE

Abu Dhabi, UAE -- AstraZeneca has announced the launch of its revolutionary cancer medication, IMJUDO® (tremelimumab) in the UAE. The...

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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.

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...
  • The network will rely on pathogen genomics to analyze the genetic code of viruses, bacteria and other disease-causing organisms.
  • The data gathered will feed into a broader disease surveillance system used to identify and track diseases, in a bid to contain outbreaks.