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BP announces $7bn gas project

The project aims to unlock 3 trillion cu ft of gas resources in Indonesia.

Lulu Retail Q3 profit $35m

For the nine-month period, net profit increased by 73.3%.

Talabat IPO offer price range announced

The subscription will close on 27 Nov for UAE retail investors.

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Swedish researchers find snoozing in the morning isn’t bad

Stockholm, Sweden - You snooze, you lose? Swedish researchers said Wednesday that might not be the case, after their study even...
  • Researchers at Stockholm University found that in general younger people were the ones snoozing and they were to a high degree night owls.
  • In a second study, the researchers found that most of the respondents who snoozed for half an hour managed to get a lot of sleep during that half hour even though it was disturbed.

Markets fall as Biden set for Middle East diplomacy drive

US and European stock markets mostly fell and oil prices rose as US President Joe Biden prepared for a trip...
  • Wall Street opened in the red, with the tech-heavy Nasdaq shedding more than one percent, while Frankfurt and Paris fell 0.6 percent afternoon deal.
  • "Understandably, not many people are in the mood to put their hard-earned cash at risk in these uncertain economic times," said an expert.

WHO transports Gaza aid to Egypt, waits for humanitarian access

Geneva, Switzerland - The World Health Organization said on Saturday enough basic health supplies to serve 300,000 people in the Gaza...
  • The WHO supplies include enough medicines to treat 1,200 wounded patients and 1,500 patients suffering from various diseases.
  • The supplies were ready to go in once humanitarian access could be established through the Rafah crossing from Egypt into the southern Gaza Strip.

SFD to provide US$20m loan to Central African Republic for development projects

MARRAKESH, MOROCCO - The CEO of the Saudi Fund for Development (SFD), Sultan bin Abdulrahman Al-Marshad, signed an additional US$20...
  • The agreement was signed on the sidelines of the 2023 World Bank and International Monetary Fund Annual Meetings in Morocco.
  • The US$20 million loan agreement aims to finance development projects in CAR, including the establishment of a 250-bed hospital.

‘Broken in two’: Libya flood survivors grapple with mental health

Last month's flood was the latest catastrophe to strike the oil-rich North African country that has been wracked by war...
  • IRC warned of the "immense psychological toll the emergency is taking on those affected, particularly in the city of Derna, one of the areas hardest-hit
  • UNICEF's partners had "reported several instances of suicides, withdrawal, lack of sleep, bed wetting... among children, especially in shelters"

EU wants to renew herbicide glyphosate for next 10 years

BRUSSELS, BELGIUM - The European Commission is proposing to renew the use of the controversial and widely used herbicide glyphosate in...
  • Current authorization expired in December 2022 but was extended by a year pending a scientific study of the herbicide.
  • Environmental activists said there was scientific evidence that glyphosate may cause cancer, poison aquatic life.

UN agencies warn of disease threat in Libya’s Derna city

UN agencies warned that Libya's flood-stricken city of Derna, where thousands were killed a week ago, faces the threat of...
  • The massive flash flood that killed over 3,000 people and left thousands more missing came as Libya was lashed by the hurricane-strength Storm Daniel.
  • “Teams from nine UN agencies have been on the ground delivering aid and support,” said the UN Support Mission in Libya.

EIH buys stake in Al Ain Pharmacy

Move aligns with EIH's aim to diversify sources of investment.
  • The acquisition is vital for EIH as it seeks to strengthen its investment in healthcare through its subsidiary Health Plus Holding.
  • The move will help provide additional and sustainable value to investors and achieve the maximum return on investment.

WHO tells China to provide ‘full access’ to Covid investigators

GENEVA, SWITZERLAND - The head of the World Health Organization told the Financial Times he was ready to send a new...
  • WHO chief said he had already written to China asking "to give us information " and for the organization to send a team "if they allow us to do so".
  • He said WHO would not abandon its investigation and has called on China for transparency in sharing data and carrying out investigations.

California sues oil giants, alleges environment, climate-risks deception

The US state of California sued five of the world's largest oil companies, alleging the firms caused billions of dollars...
  • The suit follows numerous other cases brought by US cities, counties and states against fossil fuel interests over the impact of climate change.
  • The suit seeks the creation of an abatement fund to pay for future damages caused by climate disasters in California.

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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UAE healthcare spending set to reach $30.6bn by 2027

The sector witnesses a shift towards personalized and precision medicine, underscored by healthcare's significant digitization and data generation, says a...

WHO warns new cancer cases will rise to 35 million by 2050

Geneva, Switzerland - The number of new cancer cases will rise to more than 35 million in 2050 -- 77 percent...

Average lifespan in Saudi Arabia rises to 77.6 years  

Riyadh, Saudi Arabia — Average life expectancy in Saudi Arabia reached 77.6 years compared to 74 years in 2016, the...

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WHO urges limiting trans fat across the world

Geneva, Switzerland - The World Health Organization said on Monday that nearly half the world's population was now covered by solid...
  • The WHO appealed in 2018 for industrially produced fatty acids in foods to be eliminated worldwide by 2023, amid evidence they caused 500,000 premature deaths every year
  • 53 countries covering 46 percent of the world's population are now implementing best practice policies on the toxic substance -- up from 11 countries and six percent in 2018

UAE emerges as a new leader in global healthcare

“This goal, aligned with the forward-looking vision of the UAE's leadership, will not only enhance the quality of life but...
  • The Gulf country maintains its competitive edge in healthcare through advanced infrastructure and a skilled workforce, underscoring its commitment to healthcare excellence.
  • The UAE's ministry along with key departments showcases innovative health initiatives on the 'Emirates Health' platform, highlighting strategies for future healthcare development.

Deaf boy can now hear after gene treatment

The US hospital which carried out the treatment said the milestone represents hope for patients around the world with hearing...
  • Aissam Dam was born "profoundly deaf" because of a highly rare abnormality in a single gene.
  • Aissam, who was born in Morocco and later moved to Spain, may never learn to talk, as the brain's window for acquiring speech closes around the age of five.