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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.
  • WHO says 9,000 patients need emergency evacuation from Gaza

    "Around 9,000 patients urgently need to be evacuated abroad for lifesaving health services, including treatment for cancer, injuries from bombardments, kidney dialysis and other chronic conditions," WHO Director General Tedros Adhanom Ghebreyesus wrote on X. It is is up from 8,000 in the WHO's previous assessment at the beginning of...
  • UN moves towards real-time tracking of greenhouse gases

    The UN announced that it had taken a significant step towards trying to fill a key gap in the fight against climate change: standardized, real-time tracking of greenhouse gases. The UN's World Meteorological Organization has come up with a new Global Greenhouse Gas Monitoring Infrastructure that aims to provide better...
  • Al-Jarman heads UAE delegation to 52nd session of Human Rights meet in Geneva

    GENEVA, SWITZERLAND -  The United Arab Emirates is participating in the 52nd session of the Human Rights Council in Geneva, Switzerland  which started Monday and will continue until April 4. The head of the UAE delegation Ahmed Abdul Rahman Al-Jarman, Permanent Representative of the UAE to the United Nations and...
  • Credit Suisse 2022 loss $7.9bn

    Since March 2021, bank's stock lost over 75% of value.
  • WHO urges investment in neglected tropical diseases

    The World Health Organization called for greater investment in combating neglected tropical diseases (NTDs), which left over 1.6 billion people, often in least-developed countries, requiring treatment in 2021. NTDs are a diverse group of conditions found mainly in tropical regions that include dengue, leprosy and rabies. The WHO said NTDs...
  • WHO seeks $2.5bn for health emergency responses in 2023

    The World Health Organization appealed for US$2.54 billion for its work in 2023 to help millions of people facing health emergencies around the world. WHO said that it was currently responding to an unprecedented number of intersecting health emergencies. It pointed to the health impacts of conflicts in Ukraine, Yemen,...
  • Billions still exposed to toxic trans fat, says WHO

    GENEVA, SWITZERLAND - Efforts to eliminate industrially-produced fat have a long way to go with five billion people exposed to toxic fat added to many food products, the UN health agency said Monday. The World Health Organization called in 2018 for harmful trans fatty acids to be wiped out by 2023....
  • Global actions should not derail energy transition, says WEF

    GENEVA, SWITZERLAND– The current energy crisis is driving inflation, slowing economic growth, creating social turmoil and the world should not add to this crisis by actions which derail the energy transition, a World Economic Forum (WEF) report says. The report said that steps such as increasing production of electricity from...
  • 84.6% growth in travel for Middle Eastern airlines in Nov: IATA

    Globally, traffic is now at 75.3% of November 2019 levels, according to the report.
  • Climate change fuelling cholera surge, says WHO

    GENEVA, SWITZERLAND - Climate change is fueling a global cholera upsurge, the WHO said Friday, warning the situation was compounded by vaccine shortages and will only worsen unless it is stamped out soon. The World Health Organization is responding to cholera outbreaks in 29 countries, including Haiti, which has over 1,200...
  • IFC, UNHCR to jointly boost private sector engagement for refugees, host communities

    GENEVA, SWITZERLAND - The International Finance Corporation (IFC) and UNHCR, the UN Refugee Agency, Friday announced a joint initiative to create inclusive economic opportunities that will benefit refugees and their host communities. The initiative aims to mobilize private sector projects over the next five years to demonstrate the viability of...
  • WHO urges malaria funding boost as deaths stay stubbornly high

    The World Health Organization called for more funds to help overcome towering challenges in the battle against malaria, which continues to kill hundreds of thousands of mainly African children each year. It warned that the world was currently "off track" to reach its goal of reducing malaria cases and deaths...
  • WHO member states agree to develop draft of pandemic accord in early 2023

    GENEVA, SWITZERLAND - Member states of the World Health Organisation (WHO) Thursday agreed to develop the first draft of a legally binding agreement designed to protect the world from future pandemics. This zero draft of the pandemic accord, rooted in the WHO Constitution, will be discussed by member states in...
  • IATA says global passenger demand for air traffic growing

    Geneva, Switzerland— Total global air traffic has shot up 44.6 percent in October as against October 2021, according to the International Air Transport Association (IATA). Total traffic in October 2022 (measured in revenue passenger kilometers or RPKs) rose 44.6 percent compared to October 2021. Globally, traffic is now at 74.2...
  • EU gives US$131 million to WHO Universal Health Coverage Partnership

    GENEVA, SWITZERLAND - The World Health Organization (WHO) and the European Commission agreed on reinforcing a decade-long collaboration to accelerate the achievement of universal health coverage. The letter of intent foresees an additional contribution from the European Union (EU) of US$131 million for the continuation of WHO's assistance to its...
  • Rising inflation, falling wages threaten increased poverty: ILO

    Global monthly wages fell in real terms to -0.9 per cent in the first half of the year, the study found.
  • Natural disaster losses hit US$115 bn this year, says Swiss Re

    GENEVA, SWITZERLAND - Natural catastrophes have caused an estimated US$115 billion of insured losses in 2022 to date, driven by Hurricane Ian and other extreme weather events, reinsurance giant Swiss Re estimated Thursday. Hurricane Ian, the single largest loss-causing event so far this year, caused an estimated insured loss of...
  • All regions experienced water extremes in 2021, says UN

    GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and billions of people had insufficient freshwater, the United Nations said on Tuesday. Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said...
  • Global intellectual property filings reached new records in 2021: WIPO

    The latest data shows “continued and sustained growth” in intellectual property filings, “driven largely by increases from Asia.
  • Second Russian fertilizer shipment should be for W. Africa, says UN

    After a first shipment of Russian fertilizer blocked in European ports heads for Malawi next week, a second batch should go to West Africa, the United Nations said. The news comes following talks between Moscow and the UN this week, aimed at ensuring that vital Russian fertilizer exports are not...
  • UNHRC to host emergency session on Iran protests

    The UN Human Rights Council said it would hold an urgent session on Iran, with backers pushing for a global probe into the deadly crackdown on mass protests rocking the country. The UN's highest rights body said a special session on "the deteriorating human rights situation" in Iran would be...
  • UN, Russia hold talks on grain, fertilizer exports

    United Nations chiefs held talks with Russian officials on the Black Sea agreements on exporting grain and fertilizers, eight days before one of the deals is set to expire. UN humanitarian chief Martin Griffiths and Rebeca Grynspan, head of UN trade and development agency UNCTAD met Russian officials led by...
  • UN, Russia to discuss black sea deal on grain, fertilizer export

    GENEVA, SWITZERLAND - UN chiefs are to hold talks with Russian officials in Geneva on Friday on the Black Sea agreements on exporting grain and fertilizers, eight days before the deals expire. The UN's humanitarian chief Martin Griffiths and Rebeca Grynspan, head of the UN's trade and development agency UNCTAD,...
  • WTO urges countries to lift green trade barriers

    The World Trade Organization urged countries to abolish trade barriers in environmental goods and services to help fight climate change. In its annual World Trade Report, the WTO says global commerce should not be pitted against the climate crisis and said trade could enable the spread of green innovations and...
  • Investment to tackle climate change falls in 2022, says UNCTAD

    Cross-border investment in climate change mitigation and adaptation is projected to decline in 2022 against the backdrop of a global investment downturn, according to a new report published by the UN Conference on Trade and Development.
  • ISESCO and WHO discuss ways to enhance bilateral cooperation

    A delegation from the Islamic World Educational, Scientific and Cultural Organization (ISESCO) discussed with the Director-General of the World Health Organization, Dr. Tedros Adhanom Ghebreyesus, ways to enhance bilateral cooperation, in Geneva. A statement by ISESCO from its headquarters in Rabat said today that the two sides discussed ways to...
  • UN to hold Libya talks over parliamentary elections

    The world body said it will broker new talks between rival institutions from war-torn Libya next week to try to break a deadlock on the rules for long-awaited elections.
  • Building confidence, security in ICT sector fetches Qatar key global award

    Qatar participated in the forum as a golden strategic partner, where it reviewed its strategy in the field of digital transformation.
  • Finland poised for NATO membership as Ukraine war crimps Russian gas

    Finland took a step Thursday towards fast-track NATO membership, triggering a blunt warning from the Kremlin, as the war in Ukraine throttled supplies of Russian gas to Europe and the number of people who fled the country passed six million. In Geneva, the UN Human Rights Council decided to probe...
  • ‘The Rock’ diamond goes under the hammer

    The Rock, currently in the hands of an unnamed owner from North America could break records at a sale in Geneva.
  • War casts its gloom on Swiss watch industry

    Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs.
  • Nairobi to host next biodiversity meeting in June to save nature

    Countries have proposed to hold an extra biodiversity meeting in Nairobi in June as talks in Geneva tasked with saving nature entered their final day Tuesday without an agreement.
  • Yemen war will have killed 377,000 by year’s end: UN

    Most of those killed by the war's indirect effects were "young children who are especially vulnerable to under- and malnutrition."
  • Iraqi delegation to visit Geneva, discuss country’s WTO accession

    Iraq is making efforts towards joining the World Trade Organization and its Minister of Trade will visit Geneva to discuss the issue. A government delegation will visit Geneva next week to reach an agreement with European trade ministers and European countries in this regard, Muhammad Hanoun, the spokesman for the...
  • Countries eye UN deal to rein in plastic pollution

    The proposed resolution is due to be discussed during the United Nations Environment Assembly, which is due to be held in Nairobi from February 28 through March 2 next year.
  • JP Morgan names Borja Martínez-Laredo as Menat MD

      Borja joins the Bank from an international technology firm where he oversaw mergers and acquisitions Prior to this, Borja was at UBS where he served as Deputy Head of their team in Spain JP Morgan Private Bank has announced that Borja Martínez-Laredo has joined the Middle East, North Africa...