INSEAD Day 4 - 728x90

Health

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Saudi Arabia to produce 80-90% insulin domestically

"More than 200 essential medications have been identified, making up about 40 percent of the total purchases by government health...
  • Saudi Arabia is making strides in its pharmaceutical sector, with aims to produce 80 to 90 percent of its insulin domestically
  • At the Global Health Forum, key agreements were inked, spotlighting the Kingdom's commitment to medical biotechnology

Positive trial for Pfizer-BioNTech Covid-flu jab

Berlin, Germany - Germany's BioNTech and US pharmaceutical giant Pfizer on Thursday announced "positive" results from initial trials of their combined...
  • The messenger RNA method made its debut with the Pfizer-BioNTech coronavirus vaccine, which was the first jab against Covid to be approved in the West in late 2020
  • Pfizer and BioNTech first announced in November 2022 that they were planning to use the same technology to develop a combined Covid and flu vaccine

Saudi Arabia’s Ministry of Investment inks 3 MoUs at FII7

RIYADH, SAUDI ARABIA – The Kingdom’s Ministry of Investment signed three memoranda of understanding (MoU) in the fields of biotechnology,...
  • The MoUs related to the biotechnology and pharmaceutical sectors aim to explore, develop, manufacture and market a range of potential new medicines.
  • The MoU of the financial services sector aims to provide an opportunity for investors to invest directly in key projects in line with the Saudi Vision 2030.

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.

Human skin cells turned into fertilisable eggs for first time

Paris, France -- Scientists said Wednesday they have turned human skin cells into eggs and fertilized them with sperm in...

Company News

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UNFPA and corporate partners drive reproductive justice in workplaces

Mariarosa Cutillo, UNFPA Chief of the Private Sector and Civil Society Branch, says businesses need to provide adequate maternal health...

Closing the women’s health gap a boon for the global economy

Closing the women’s health gap is a US$1 trillion opportunity to improve lives and economies, the WEF and McKinsey Health Institute...

Improving healthcare in the intelligent age requires cultural change and collaboration

Leaders can utilize AI tools to streamline this challenging process by efficiently identifying individuals who are qualified matches to participate...
INSEAD Day 4- 300x600
INSEAD Day 4- 300x600

Most Read

Global fears spread about Mpox- How worried should you be?

The World Health Organization (WHO) regional director for Europe warned on Thursday that Mpox could spread to other countries after...
  • Sweden reported the first case of the more contagious variant of Mpox outside of Africa
  • The virus seems to be spreading quickly and little is known about it

Saudi king treated for lung infection: statement

Riyadh, Saudi Arabia - Saudi Arabia's King Salman has a lung infection and is undergoing a treatment programme involving antibiotics, the...
  • Earlier in the day, the Royal Court said King Salman was suffering from "high temperature" and would undergo medical tests at Al-Salam Palace in Jeddah
  • It was the second time in less than a month that the Saudi government had commented publicly about the 88-year-old king's health

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...
  • The bereaved father, who lives near the Rumaila field in the southern province of Basra, is demanding that the firm compensate him for his son Ali's medical expenses
  • He said no amount of money would make up for his son's death. But "what I am claiming is my right", added the 55-year-old father of seven, from his modest home