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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Nearly 14m children in Sudan need aid, says UNICEF

NEW YORK, US - Two senior UN humanitarian officials have called for more funding and fewer bureaucratic impediments to support...
  • The crisis in Sudan recently passed the 100-day mark and overall, 24 million people across the country require aid.
  • Chad is one of several neighboring nations hosting some 900,000 people who fled the violence in Sudan.

Burjeel Holdings H1 net profit $61m

Firm's EBITDA rose 12.7% y-o-y to $127 million in H1 2023.
  • Burjeel Holding reported revenue of US$599 million, up 13.9 percent y-o-y during H1 2023.
  • The net profit was attributable to robust topline growth and significantly lower finance costs.

Severe heat a cause of worry for healthcare system, says WHO

GENEVA, SWITZERLAND - The extreme heat in the northern hemisphere is putting an increasing strain on healthcare systems, hitting those least...
  • The WHO said the heat often worsens pre-existing conditions, saying it was particularly concerned about those with cardiovascular diseases, diabetes and asthma.
  • Millions of people across three continents are enduring a sustained spell of dangerous heat as temperature records tumble.

Almost the entire world is experiencing record heatwaves

Record heat is forecast around the world from the United States, where tens of millions are battling dangerously high temperatures,...
  • Authorities in many countries have been sounding the alarm, advising people to avoid outdoor activities in the daytime and to be wary of dehydration.
  • Scientists insist global warming - linked to dependence on fossil fuels - is behind the intensification of heat waves in the world.

Middle East firms pay fortune for employee burnout

A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...
  • It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
  • It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

Middle East firms pay fortune for employee burnout

A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...
  • It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
  • It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources

UAE opens field hospital in Chad to help Sudanese refugees

ABU DHABI, UAE -  UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field...
  • The hospital was opened in the presence of the Chadian Minister of Health and a number of Chadian government officials.
  • Representatives of UAE entities supervising the implementation of the project, and the Emirati medical team were also present on the occasion.

Iran emerging as a hub for health tourism in West Asia: Raisi

Tehran, Iran--Iranian President Ebrahim Raisi has claimed that health tourism in the country has attracted patients from neighboring countries and...
  • The Iranian president claimed that patients from Central Asia and Middle East have chosen Iran over Europe to come for medical treatment
  • In May, Iranian health minister said that last year more than 1.2 million foreign patients had been to hospitals in the Islamic Republic for various treatments

Israel ranks 5th healthiest country in the world

Dubai, UAE - Israel ranks in 5th place out of the 167 countries on the index of the world’s healthiest...
  • Asia is well represented generally, with the four top places rounded off by Japan, South Korea and Taiwan
  • The bottom five places are Somalia, Lesotho, Chad, South Sudan and the Central African Republic

Covid and Ukraine have badly hit UN sustainable goals progress

Geneva, Switzerland - United Nations Conference on Trade and Development (UNCTAD) said the COVID-19 pandemic, Ukraine crisis and the climate...
  • The UNCTAD released the fifth edition of its annual SDG Pulse, a global reference for tracking progress towards achieving the Sustainable Development Goals (SDGs) by 2030.
  • The data and analysis cover a wide range of SDG indicators and others relevant to trade, investment, financing for development, debt, transport and technology.

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,...

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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.