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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...
  • Chinese doctors use 5G remote robot to perform successful surgery

    XINJIANG, CHINA - China has successfully performed the world's first liver resection surgery utilising a domestically developed 5G remote robot, reported China Economic Net. A medical team from Zhejiang and Xinjiang provinces collaborated through the use of 5G remote robot, overcoming a considerable distance of 4,600 kilometers. The surgery was...
  • UAE, ILO ink agreement to enhance labor inspection capabilities

    GENEVA, SWITZERLAND  -  The UAE has signed a cooperation agreement with the International Labor Organization (ILO) to collaborate in labor inspection and occupational health and safety. The agreement, signed by UAE's Ministry of Human Resources and Emiratization (MoHRE) in the presence of its minister Dr. Abdulrahman Al Awar, aims to...
  • ‘AI adoption in UAE’s industries to propel economic diversification’

    Abu Dhabi, UAE - The adoption of  artificial intelligence (AI)  is critical to propelling diversification of economic growth in the United Arab Emirates, said managing director of Abu Dhabi Investment Authority. Sheikh Hamed bin Zayed Al Nahyan during his particiupation in the commencement ceremony of the Mohamed bin Zayed University...
  • US firms to pay $1.2bn to clear claims of contaminating water sources

    Three major chemical manufacturers announced that they will pay nearly $1.2 billion to settle claims that they contaminated water sources across the United States with harmful "forever chemicals" known as PFAS. Chemours, DuPont and Corteva said that they had "reached an agreement in principle to resolve all PFAS-related drinking water...
  • PIF sets up firm Badael to curb tobacco use in Saudi Arabia

    RIYADH, SAUDI ARABIA- The Public Investment Fund (PIF) announced the establishment of Badael Company, which aims to develop, manufacture and distribute innovative products targeted to reduce smoking prevalence and promote healthier lifestyles by offering tobacco-free and less harmful alternatives.   The initiative, in the run-up to the World Health Organization...
  • WHO unveils network to minimize spread of infectious diseases

    The World Health Organization launched a global network to help swiftly detect the threat from infectious diseases, like COVID-19, and share the information to prevent their spread. The International Pathogen Surveillance Network (IPSN) will provide a platform for connecting countries and regions, improving systems for collecting and analyzing samples, the...
  • Saudi Arabia signs a $39m pact with the Global Fund to fight pandemics

    Geneva, Switzerland – The Saudi Fund for Development (SFD) signed on Friday a $39 million multiyear contribution agreement with the Global Fund to fight AIDS, Tuberculosis and Malaria. The grant will support the fight to end global pandemics and strengthen health and community systems. Announced during the Global Fund's 7th...
  • Ajman Chamber, Belgium Embassy discuss trade opportunities

    AJMAN, UAE -   Chairman of the Ajman Chamber of Commerce and Industry (ACCI) Abdullah Al Muwaiji discussed trade and investment opportunities with Ambassador of the Kingdom of Belgium to the UAE Antoine Delcourt and his delegation. The meeting, held at the Ajman Chamber's headquarters, was attended by Mohamed Ali Al...
  • UAE sees 20 percent decrease in nitrogen oxide emissions: study

    Dubai, UAE-- The UAE has witnessed a 20 percent drop in nitrogen oxide emissions from power generation activities, according to a study undertaken by the Ministry of Climate Change and Environment (MOCCAE), in collaboration with entities involved in power generation. The study focused on measuring the intensity of nitrogen oxide...
  • Saudi Arabia’s per capita insurance spending up 30%

    The majority of per capita insurance spending (60%) went towards health insurance, followed by general insurance (37%) and protection and savings insurance (3%).
  • Global warming raises risk of heat-related deaths among workers

    The Occupational Heat Stress conference in Qatar, which focused on climate change and how rising temperatures threaten workers' health, heard that tens of thousands of workers around the world have died from chronic kidney disease and other illnesses linked with extreme heat over recent decades.
  • Iran’s exports touch US$50bn, break record: Raisi

    Tehran, Iran--The 13th government has been able to export goods worth more than $50 billion since taking office, breaking the record in recent 40 years, the Iranian president said. Addressing the ceremony of the fifth Export Potential Exhibition of the Islamic Republic of Iran (IRAN EXPO 2023), President Raisi hailed...
  • WHO debates whether Covid emergency should be declared over

    Since the beginning, more than 765 million confirmed cases of Covid-19 have been reported to the WHO from around the world, including nearly seven million deaths. And Covid remains a threat. While the death rate from the disease has plunged in recent months, it still killed at least 16,000 people...
  • MoHAP inks deal with Coursera to upgrade skills of employees

    The agreement also provides for the creation of a cohesive relationship between the ministry's strategic priorities and training needs, as well as offering training programs that improve the personal abilities and skills of employees. This, in turn, contributes to increasing job satisfaction within the ministry.
  • Almost 8,000 participants to take part in Sharjah’s 10th Charity Marathon

    SHARJAH, UAE- The 10th Annual Charity Marathon, expected to attract over 8,000 runners from all segments of society, is all set to commence on Sunday at 4 pm, local media reports said. The runners are likely to include students from schools and universities, members of sports clubs, patients from hospitals,...
  • Air pollution causes more than 1,200 deaths a year: EU agency

    The EU environmental agency said that air pollution is responsible for causing more than 1,200 premature deaths a year in under 18's across Europe and raises the risk of chronic disease later in life. It said that in spite of recent improvements, "the level of key air pollutants remain stubbornly...
  • UN chief calls for protection of biodiversity on International Mother Earth Day

    NEW YORK, US -  UN Secretary-General António Guterres issued a statement calling for urgent action to protect the environment and combat climate change on the occasion of International Mother Earth Day. Guterres highlighted the crucial relationship between humanity and the natural world, stating that our health and survival depend on...
  • 67mn children missed out on vaccines because of Covid: UNICEF

    A grim UNICEF report warns of a potential outbreaks of polio and measles in children who didn't get vaccinated because of the disruptions caused by the Covid pandemic. The report said that more than" a decade of hard-earned gains in routine childhood immunization have been eroded" and that getting back...
  • M42 acquires Diaverum

    Diaverum is world’s third-largest provider of dialysis services.
  • Special glasses can slow down myopia in children

    Developed by Japan's Hoya Corporation, the Miyosmart lenses, which also function as normal glasses to help the children see clearly, have been available in several European countries for around two years.
  • Medical tourists spent $270m in Dubai during 2022: DHA

    Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its growth as an Arab, regional and international healthcare destination.
  • WHO may aid Iraq in a bid to localize pharmaceutical sector

    BAGHDAD, IRAQ - The World Health Organization (WHO) affirmed it is likely to support Iraq in the localization of its pharmaceutical industry, local media reports say.WHO official Ahmed Zueiten, said, “I spoke with Prime Minister Muhammad Shia al-Sudani about the partnership between Iraq and global health.” He said, "The organization...
  • Children to be vaccinated in quake-hit northwest Syria

    CAIRO/AMMAN, EGYPT/JORDAN -   Measles and polio vaccination campaign will be launched on Saturday across northwest Syria to protect some 800,000 children under five years from the two potentially deadly but preventable diseases, the World Health Organization (WHO) said in a statement. The vaccination drive, supported by WHO, the Vaccine Alliance...
  • 20 schoolgirls in Iran hospitalized due to poison attack

    TEHRAN, IRAN - Twenty Iranian schoolgirls were hospitalized Tuesday after the latest in a mysterious wave of poisoning attacks that have sickened thousands of pupils, state media reported. The girls were treated after suffering shortness of breath, in Tabriz, capital of the northwestern province of East Azerbaijan, reported the news agency...
  • Opposition demands explanation on Tunisian president’s ‘absence’

    TUNIS, TUNISIA - Tunisia's main opposition coalition pressed the government on Monday to explain days-long public "absence" of President Kais Saied, saying it had information that he was sick. Saied, 65, has not appeared in public or held any meetings since March 22, according to posts on his Facebook page -...
  • Regular, medium-risk adults don’t need extra Covid jabs: WHO

    The WHO's vaccine experts are no longer recommending additional Covid-19 vaccine booster doses for regular, medium-risk adults because the benefit was marginal. The experts said that for such people who have received their primary vaccination course and one booster dose, there is no risk in having further shots but the...
  • UAE launches National Genome Strategy for healthcare efficiency

    Genome programs will also help create new economic opportunities in the UAE by attracting partnerships in fields such as artificial intelligence, advanced medical care, pharmaceuticals, and research and technology.
  • Egypt and World Bank agree US$7bn, five-year partnership

    Cairo, Egypt--The World Bank has approved a new $7 billion partnership agreement with Egypt for 2023-2027 with a focus on boosting private sector jobs, provision of better health and education services, and adaptation to climate change. The Country Partnership Agreement (CPF) will entail $1 billion per year from the International...
  • Iraq to hold first provincial elections in a decade on Nov 6

    The provincial councils, created by the 2005 constitution following the fall of Saddam Hussein's regime, carry relatively significant power in federal Iraq, including allocating the budgets for health, transport and education.
  • UAE to invest $30bn in South Korea over the next few years

    Abu Dhabi, UAE  – The United Arab Emirates will invest $30 billion in South Korea over the next few years, Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade said during the meeting with Minister of Trade of Korea, Dukgeun Ahn in Dubai on Wednesday.  The meeting explored joint...
  • Syrian women in rebel-held northwest face ‘reproductive health crisis’

    Beirut, Lebanon - Syria's conflict and attacks on hospitals have had a "disproportionate impact" on the reproductive health of women and girls in the rebel-held northwest, a report said Tuesday. "Twelve years of impunity for attacks on health care have exacerbated a sexual and reproductive health crisis in Syria," said Houssam...
  • Syria health workers launch cholera vaccine drive in rebel-held northwest

    MAARET MASRIN, SYRIA - Syrian medics launched Tuesday the first cholera vaccination campaign in the rebel-held northwest since a deadly outbreak began last year, amid increased fears of contagion after last month's devastating earthquake. Health workers were going door to door to inoculate people in homes and displacement camps in the...
  • French court sets aside NGOs lawsuit against TotalEnergies

    PARIS, FRANCE - A French court on Tuesday dismissed a landmark case against TotalEnergies for a massive oil project in Uganda and Tanzania after several NGOs filed a suit to suspend the controversial project. The six NGOs argued the development of the East African Crude Oil Pipeline (EACOP) failed to adhere...
  • US agency says Covid likely emerged from China lab leak: reports

    Washington, United States--The coronavirus pandemic likely arose from a Chinese laboratory leak, the US Department of Energy now says according to media, although the White House maintained Sunday that American intelligence remained divided on the issue. The determination -- noted in a classified report by Director of National Intelligence Avril Haines's...
  • WHO seeks $392m for Yemen before donor meet

    The World Health Organization on Sunday appealed for $392 million ahead of a UN-led donor conference in Geneva to avert the "potential collapse" of the health sector in war-torn Yemen. The call came with the Arabian Peninsula country in the throes of one of the world's worst humanitarian tragedies after...
  • Nations closer to global guidelines on disease outbreaks, says WHO

    NEW YORK, US - Governments agreed on a way forward to update disease outbreak regulations ahead of meetings to draft new global guidelines for tackling pandemics, the World Health Organization (WHO) said. According to United Nations News Center, the two processes are complementary. They are guided by the need of...
  • Boosting investment in health systems is essential, says OECD

    PARIS, FRANCE -  Governments should urgently adapt their health systems to better respond to future shocks, given the huge impact of the COVID-19 pandemic on people and the global economy. Major investment is needed in the health workforce, alongside increased spending on prevention and digital infrastructure, according to a new...
  • Abu Dhabi DoH names winners of Healthcare Research and Innovation Grant

    ABU DHABI, UAE  -  The Department of Health – Abu Dhabi (DoH), which regulates the healthcare sector in the emirate, has announced the winners of its Healthcare Research and Innovation Grant. The grant, launched in September 2022, received over 70 complete submissions, and the top eight were awarded a monetary...
  • World sees rise in demand for quality medical schools

    Global trends will always have an influence on medical education, and a good education will depend on a provider’s ability to fuse the traditional pillars of medical learning with the modern-day challenges faced in real-world situations – creating a well-round professional ready to step onto the frontline, she adds.
  • Syria’s Assad may consider more border crossings for quake aid: WHO

    World Health Organization chief Tedros Adhanom Ghebreyesus met with the Syrian president in Damascus on Sunday afternoon to discuss the response to the devastating earthquake which has killed more than 33,000 people across Syria and Turkey. "The compounding crises of conflict, Covid, cholera, economic decline and now the earthquake have...
  • International dental conference kicks off in Dubai

    Dubai, UAE-- The three-day long dental conference has got underway in Dubai, bringing together leading experts in dentistry and oral health professionals from around the world. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Academic Health Corporation and Chancellor of the Mohammed Bin Rashid University of Medicine and Health...
  • US sees surprise hiring surge as unemployment edges down

    US job gains surged unexpectedly last month as unemployment slipped to its lowest rate in over five decades, government data showed. The world's biggest economy added 517,000 jobs in January after a five-month slowdown in hiring, as the jobless rate edged down to 3.4 percent, said the Labor Department in...
  • DHA, DIEZ ink MoU to support healthcare sector

    DUBAI, UAE - Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority (DIEZ) to enhance investment opportunities in the healthcare sector and support the formation of healthcare start-ups. The MoU will help to promote cooperation and coordination between the two sides and...
  • China’s general public budget revenue tops $3.01 trillion in 2022

    General public budget revenue grew 9.1 percent from 2021, excluding the impact of value-added tax credit refunds, according to the Ministry of Finance.
  • UAE to showcase advance in organ transplant at Arab Health 2023

    Dubai, UAE--The Ministry of Health and Prevention (MoHAP), the Department of Health-Abu Dhabi (DoH) and the Dubai Health Authority (DHA), will showcase the latest developments on the National Program for Donation and Transplantation of Human Organs and Tissues, "Hayat," at the Arab Health 2023 taking place from January 30 to...
  • Arab Health 2023: Emirates Health Services unveils ‘Microbubble treatments for Children’

    ‘Microbubble Treatments for Children’ programme research project is being pursued in partnership with the Children’s Hospital of Philadelphia.
  • 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...
  • UAE unveils ‘Emirates Health’ at medical conference in Dubai

    Dubai, UAE--The UAE has launched several innovative health projects in the 48th edition of Arab Health 2023, which began today at the Dubai World Trade Centre and will conclude on 2nd February, 2023. The Ministry of Health and Prevention (MoHAP), the Department of Health—Abu Dhabi (DoH), and the Dubai Health...
  • UAE’s EHS to showcase innovative health projects during Arab Health 2023

    DUBAI, UAE - The Emirates Health Services (EHS) will showcase its 19 innovative healthcare projects during Arab Health Exhibition 2023, which will be held from January 30 to February 2 at the Dubai World Trade Center. Dr. Youssef Mohamed Al Serkal, Director General of the Emirates Health Services, said that...
  • Emergency phase of Covid not over as 170,000 die in two months

    In terms of monitoring how the virus is evolving, surveillance and genetic sequencing has dropped sharply, making it harder to track the myriad variants and detect new ones in good time.