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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.

Lebanon’s health sector is about to collapse: WHO

Lebanon is undergoing one of the worst economic crises in the world, with economists predicting that hyperinflation is imminent in...
  • Basic and life-saving medicines are in short supply, with restrictions in foreign currency severely limiting import
  • This has been caused by the Lebanese pound losing 90 percent of its purchasing power since end-2019, and subsequent government policies

No Covid test to enter Abu Dhabi for UAE residents

The committee will continue to monitor events and urges all citizens, residents and visitors to continue adhering to precautionary measures...
  • The decision follows the announcement of a decreased COVID-19 infection rate in the emirate
  • The government has also activated the green pass system to enter some public places

Proof of Covid-19 vaccination, PCR test needed to enter Expo Dubai

Expo 2020 visitors will need a coronavirus vaccination or a negative PCR test to enter, organisers in Dubai has said....
  • PCR tests will be free for ticket-holders with a 'network' of testing centres available across the city
  • The Expo site will have mandatory masks, two-metre social distancing rules and sanitisation stations

GCC insurance firms battle pandemic woes

It has been a roller coaster ride for insurance companies in the GCC countries and the health care sector since...
  • Experts see up to 40 percent rise in premiums in the next two to three years.
  • Abu Dhabi-based Daman Insurance looking at new markets such as Kuwait and Bahrain.

UAE firm retained as IPL healthcare partner

The Board of Control for Cricket in India has renewed retained VPS Healthcare as its healthcare partner for the Indian...
  • VPS Healthcare has set up a 100-member multidisciplinary team for sports medicine and Covid-19 management
  • Two medical teams, comprising doctors, nurses, paramedics and lab technicians, will be assigned to each stadium for every match

AstraZeneca: Nerve disorder a rare side effect

The European Medicines Agency has listed the neurological disorder Guillain-Barre syndrome, which can cause temporary paralysis, as a "very rare"...
  • Guillain-Barre Syndrome was a "very rare" side effect, occurring in under one in 10,000 people
  • The disorder is a nerve inflammation that may cause temporary paralysis and difficulty breathing

Amid Covid pandemic, Global Fund spent $4.2 bn to fight HIV, TB, malaria in 2020

The Fund approved an additional $980 million to respond to Covid-19
  • The Fund approved an additional $980 million to respond to Covid-19
  • The number of people who received life-saving antiretroviral therapy for HIV in 2020, rose by 8.8%

Study: Delta does not cause severe childhood Covid

The health agency analyzed hospital records from across an area covering around 10 percent of the US population
  • The health agency analyzed hospital records from across an area covering around 10 percent of the US population
  • The study also underscored vaccine effectiveness against pediatric Covid hospitalization during Delta

No quarantine for fully vaccinated foreign travelers visiting Abu Dhabi

Abu Dhabi lifted its quarantine requirement for vaccinated tourists on Thursday as the UAE recorded zero Covid deaths for the...
  • The emirate said vaccinated travellers with negative PCR tests would not need to quarantine
  • The announcement comes as the United Arab Emirates recorded zero Covid-related deaths for the first time since November 14

Global cost of dementia to cross $1.7trn by 2030

The disease, which robs people of their "memories, independence and dignity", is on the rise worldwide but few countries are...
  • Figure is set to rise to 78 million by 2030 and 139 million by 2050 as the population grows older
  • Yet only a quarter of countries worldwide have a national strategy for supporting people with dementia and their families

WEF24: AI-generated drugs promise cost reduction

AI is playing a critical role across the biomedical spectrum, from accelerating drug discovery to improving care delivery systems, says...

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Air pollution causes more than 1,200 deaths a year: EU agency

The EU environmental agency said that air pollution is responsible for causing more than 1,200 premature deaths a year in...

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...

M42 acquires Diaverum

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

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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,...
  • Eyewear firm EssilorLuxottica claims its own Stellest lenses reduce myopia's progression by 67 percent when worn at least 12 hours a day.
  • Research has suggested that the percentage of people affected by myopia worldwide could surge from 27 percent in 2010 to 52 percent by 2050.

Medical tourists spent $270m in Dubai during 2022: DHA

Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its...
  • 39% percent of the medical tourists were from Asian countries, 22% from Europe and the Commonwealth of Independent States.
  • The three specialities that saw the highest number of medical tourists were dermatology (31%) dentistry (24%) and gynecology (18%).

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.