Health

UAB nine-month profit rises 6%

Loan growth, lower impairment charges boost earnings

du 9M profit up 10.8%

Revenue grows as connectivity demand supports earnings

Al Rajhi Bank 9M profit up

Revenue growth lifts earnings despite higher provisions

Mashreq prices Dim Sum bond

UAE bank raises offshore renminbi funding

Aldar buys Sharjah homes

Deal adds 1,100-plus rental units

WHO says misuse of antibiotics undermining efficacy

Copenhagen, Denmark - Misuse of antibiotics is denting their efficacy and spawning resistant bacteria which could be responsible for 10 million...
  • WHO warned that without immediate intervention, resistance to antimicrobials -- which includes antibiotics -- could lead to up to 10 million deaths a year by 2050
  • It cited incorrect prescription as a "cause for concern," adding that in all the 14 countries, a third of the roughly 8,200 people surveyed had taken antibiotics without advice

Nations start negotiations over global plastics treaty at Nairobi meet

Nairobi, Kenya -- Nations grappling with the plastic "suffocating" nature and leaching into food and the human body began fresh...
  • Around 60 so-called "high ambition" nations have called for binding rules to reduce the use and production of plastic
  • Kenyan President William Ruto described plastic pollution as "an existential threat to life, to humanity and everything in between."

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"

Death becomes a growing business in ageing, lonely South Korea

Busan, South Korea -- Rows of coffins line a university classroom in the South Korean port city of Busan, ready...

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Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...

Trump’s aid freeze could cause millions more AIDS deaths: UN agency

Addis Ababa, Ethiopia - President Donald Trump's decision to suspend US overseas funding could result in millions more deaths from AIDS,...

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...

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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...
  • Embracing the potential of artificial intelligence (AI) in healthcare demands a mindset shift, prioritizing collaboration, openness and willingness to transform outdated workflows
  • Collaborative models such as federated learning and open datasets foster innovation while addressing privacy concerns, paving the way for a regenerative healthcare ecosystem

Saudi Arabia to host largest health event with global participation on Oct 21-23

Riyadh, Saudi Arabia – Saudi Arabia is preparing to host the seventh edition of the Global Health Forum under the...
  • As one of the three most attended and fastest-growing health forums globally, the event will focus on raising health awareness and encouraging people to invest in their well-being
  • Major investment launches and agreements are expected to be announced, with a dedicated exhibition showcasing individual and business health advancements

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