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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.

Saudi Arabia announces vaccine mandate for public

Saudi authorities will require people to have double immunization starting at 6 am on October 10 if they are to...
  • Saudi residents will need double immunization to enter any economic, commercial, cultural, recreational, sports, or tourism activity
  • They will also require it to enter any cultural, scientific, social, or recreational event

US surpasses 700,000 Covid deaths: Johns Hopkins

The US fatalities far exceed other frontrunners such as Brazil and India facing a resurgence in cases due to the...
  • The US fatalities far exceed other frontrunners such as Brazil and India facing a resurgence in cases due to the prominence of the highly contagious Delta variant
  • After a heavily criticized early response to the pandemic, the United States has since organized among the world's most effective vaccine roll-outs

Algeria begins Sinovac Covid-19 vaccine production

Prime Minister Aimene Benabderrahmane, who attended the launch of the production process at a factory in the eastern city of...
  • Lotfi Djamel Benbahmed, Algeria's minister for the pharmaceutical industry, has said the country plans to export the vaccines
  • Saidal, the firm making the jabs, was so far the only African company to be licenced to produce the jab

Syria water crisis spurs spike in disease: MSF

MSF has blamed the ‘acute water crisis’ in recent months on a decrease in funding for water, sanitation and hygiene...
  • The crisis is most acute in northwestern Syria, the country’s last major rebel stronghold
  • More than three million people live in squalid conditions in that region

NYU and NYU Abu Dhabi develop AI tool to improve breast cancer detection

A team of researchers from New York University (NYU) and NYU Abu Dhabi report that they have developed a novel...
  • The system, designed to be a decision support tool for clinicians, also helped radiologists significantly decrease their false positive and requested biopsy rates
  • The system is designed to identify malignant lesions in breast ultrasound images, with the primary goal of reducing the frequency of false-positive findings

Scientists develop antiviral drugs in pill form to fight COVID-19

Molnupiravir is the top drug being developed by Merck & Co. and Ridgeback Biotherapeutics.
  • Molnupiravir is the top drug being developed by Merck & Co. and Ridgeback Biotherapeutics
  • The drugs will work by preventing viruses from reproducing in human cells

Abu Dhabi to use drones for delivery of vaccines and drugs

DUBAI: Abu Dhabi's department of health (DoH) will be using drones for the transport of high-value medical goods such as...
  • US-based Matternet partners with logistics company Skygo and Department of Health for 'world's first city-wide medical drone network.
  • SkyGo and Matternet have completed the first phase of in-country flight testing.

US to donate 500m additional Covid vaccines to the world

In his first speech to the UN as president, Biden told delegates that the US had put more than $15...
  • The US and other rich countries drew flak for rolling out booster doses for their populations while much of the world faced vaccine shortages.
  • Just 3.6 percent of Africa's eligible population has been inoculated, compared with an average of more than 60 percent in Western Europe.

UAE relaxes mask mandate, but with riders

UAE residents may not wear a face mask in certain places while keeping a safe physical distance of two meters.
  • Local authorities are expected to put signs showing the places where people will be allowed not to wear a face mask
  • This will happen as long as people adhere to the physical distancing of two meters

Abu Dhabi Stem Cells Center to hire 1,000 citizens in 5 years

The Abu Dhabi Stem Cells Center will hire 1,000 citizens during the next five years in medical and administrative roles,...
  • The program will assist private sector institutions in supporting the "The Projects of the 50" initiative on a national level
  • The center also declared its plan to enlarge the scope of its program to attract and develop Emirati talent

HMG 2023 net profit $544m

The rise was due to the hospitals and pharmacy segments.

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Malaria-free Asia Pacific region within our reach

Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria....

WHO expresses concern after fighters take over lab in Sudan

GENEVA, SWITZERLAND -  The World Health Organization said on Tuesday that fighters in conflict-ravaged Sudan had occupied the national public laboratory...

Novartis Q1 profit at $2.3bn

Heart disease, cancer medicines helped enhance revenue.

Most Read

67mn children missed out on vaccines because of Covid: UNICEF

A grim UNICEF report warns of a potential outbreaks of polio and measles in children who didn't get vaccinated because...
  • Africa and South Asia were the hardest hit as vaccine coverage among children declined in 112 countries and the percent of children vaccinated worldwide slipped 5 points
  • Each year immunization saves 4.4 million lives, a number the United Nations figures could jump to 5.8 million by 2030 if its ambitious targets to leave "no one behind" are met

M42 acquires Diaverum

Diaverum is world’s third-largest provider of dialysis services.
  • Founded in 1991, Diaverum operates across 23 countries, with 440 clinics and over 13,000 employees.
  • It has a strong track record of clinical excellence, providing critical care to around 39,000 patients.

Glaxo buys Bellus for US$2bn

Move after GSK demerged its consumer healthcare unit.
  • GSK has agreed to buy Quebec-based biopharmaceutical Bellus Health Inc. for $14.75 per share, the British drugmaker said in a statement.
  • Chronic cough is defined as a persistent cough that lasts more than eight weeks and affects an estimated 28 million people worldwide.