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ADNOC shifts OMV stake to XRG

XRG is ADNOC's wholly-owned international investment company.

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

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.

WHO weighs up AI risks and benefits for healthcare

Geneva, Switzerland - Generative artificial intelligence could transform healthcare through things like drug development and more rapid diagnoses, but the World...

Dubai dermatology meet sees business deals worth $156.4 million

Dubai Derma Executive Chairman Dr Abdul Salam Al Madani said this year's event records 15% rise in deals over the...

Arthritis drugs tocilizumab and sarilumab reduce Covid deaths

The study appeared in the Journal of the American Medical Association and prompted the World Health Organization (WHO) to recommend...

Morocco to produce Sinopharm vaccine

The country will invest $500m to produce 5 million doses a month Africa's first national vaccination program aimed at inoculating...

UAE extends ban on flights from India, 13 other countries

A notice to airmen (NOTAM) issued by the UAE civil aviation authority informed the airlines of suspension of flight services...

Pfizer-Biotech vaccine considered safest by UAE, Saudi residents

 Pfizer jab more likely to be trusted by 25-34 age group adults AstraZeneca vaccine considered second safest vaccine in both...

Saudi Arabia to build foot-and-mouth disease vaccine manufacturing plant

MAS Company has signed $60m deal with an Argentinian company Country’s pharmaceutical drugs market estimated to be worth $10.19b in...

Fitness Time to unveil a women-only gym facility in Riyadh

The low-cost gym will not have a swimming pool The country has eased restrictions for women over the past few...

China’s 70-year effort makes it malaria-free

China becomes the 40th territory certified malaria-free by WHO For four consecutive years, no case was reported GENEVA: China was...

Abu Dhabi to allow vaccinated people in some public places from August 20

The first phase of this allowance will include shopping centers, restaurants, cafes, and all retail outlets, but not supermarkets and...

Austria to welcome more GCC travelers from July 1

Austria will open border for tourists from all across the world, including GCC, from July 1 The move comes as...

WHO weighs up AI risks and benefits for healthcare

Geneva, Switzerland - Generative artificial intelligence could transform healthcare through things like drug development and more rapid diagnoses, but the World...

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90% of people in China province infected with Covid: official

China is battling a surge in cases following its decision last month to lift years of lockdowns, quarantines and mass...

Abu Dhabi introduces Mobile BSL-3 Laboratory

ABU DHABI, UAE - Abu Dhabi Public Health Center (ADPHC) has introduced the first of its kind mobile BSL-3 (Biosafety...

France begins testing Chinese arrivals to track Covid variants

France joins other states including the United Kingdom, Italy and the United States in testing arrivals from China, four weeks...

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DEWA encourages active lifestyle by organizing sporting events

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) organized 12 sports tournaments in 2022, with the participation of 2,437...
  • DEWA sponsored and hosted three sports tournaments, and participated in several local sports events.
  • DEWA’s Sports Committee organized the DEWA Bowling Tournament 2022 and 120 employees participated in the event.

Concern over China Covid surge ‘understandable’: WHO

Hospitals across China have been overwhelmed by an explosion of infections following Beijing's decision to lift strict rules that had...
  • WHO chief Tedros Adhanom Ghebreyesus urged China to be more forthcoming on the pandemic situation in the country
  • His comments came after the United States joined several nations in imposing Covid tests on travelers from China

Antibiotics shortages hit nations as surging illnesses spur demand

Hospitals in many countries have come under pressure from a rising number of illnesses including what has been dubbed a...
  • But ramping up production of antibiotics has proved difficult for drug makers, particularly for cheap generic medicines that offer a slender profit margin.
  • Pharmaceutical companies who had cut back production because of the previously falling demand are now scrambling to meet skyrocketing orders, causing delays.