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ADQ launches new firm in healthcare sector
Arcera will aim to improve the quality of "human life."
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Healthcare, education key focus of MENA: Amanat CEO
The region will benefit from investment in training institutes for nursing and health professionals, Amanat Holding CEO Mohamed Hamade tells TRENDS during an interview. -
UAE rescue team saves two, five days after Turkey quake
More than a hundred hours after two earthquakes killed more than 23,000 people, an Emirati rescue team has pulled alive two people from under the rubble in Turkey. One man believed to be in his 50s or 60s and an 11-year-old child were rescued in the Kahramanmaras province, close to... -
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... -
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... -
DoH, GSC ink MoU to achieve Abu Dhabi’s healthcare sustainability goals
ABU DHABI, UAE - Building on its ongoing efforts to improve the healthcare ecosystem from all aspects, the Department of Health – Abu Dhabi (DoH) signed a strategic Memorandum of Understanding (MoU) with the Geneva Sustainability Center (GSC). The GSC is an organization powered by the International Hospital Federation (IHF)... -
Sustainable innovations to help Gulf industries reduce CO2 emissions, says report
Seven industries - advanced manufacturing services, retail, banking, energy, healthcare, consumer products, and automotive - are poised to be the key gainers, says a report. -
Abu Dhabi DoH, Eversight to jointly set up UAE’s first eye, tissue bank
ABU DHABI, UAE - Abu Dhabi's Department of Health (DoH), the regulator of the healthcare sector in the Emirate, and US-based Eversight, a non-profit, partnered to establish the UAE’s first eye and tissue bank. The pact will lead to the creation, development and operation of a comprehensive and seamless eye... -
MoIAT, Burjeel Holdings sign MoU on healthcare facilities
ABU DHABI, UAE -UAE's Ministry of Industry and Advanced Technology (MoIAT) has signed a Memorandum of Understanding (MoU) with Burjeel Holdings to provide high-quality healthcare services to the ministry’s employees and their families. The agreement was signed by Dr. Shamsheer Vayalil, Founder and Chairman of Burjeel Holdings, and Omar Suwaina... -
Burjeel’s nine-month net profit $55.83m
The company's revenue grew 17.8 percent year on year. -
Firms in Middle East focus on sustainability innovation
Innovations poised to have an important impact on the sustainability of seven industries: advanced manufacturing services, retail, banking, energy, healthcare, consumer products and automotive. Banks, for example, continue to create new forms of greener, impact-driven products and services, he adds. -
Alpha Dhabi posts US$2.45bn net profit
It recorded a150% rise in profit in first nine months of 2022. -
Philips to cut 4,000 jobs as losses deepen
The step followed penalty for faulty sleep respirators. -
Dubai to host 3 healthcare events next week
The United Arab Emirates is set to host three healthcare events next week in Dubai where over 4,000 healthcare professionals and participants are expected to attend. -
Hybrid healthcare puts patient at the center
Beside facilitating the delivery of quality treatment, telehealth has altered the competitive landscape of private healthcare, allowing providers to offer more cost-effective, convenient care. This has created new revenue sources while allowing providers to address resource shortages, he adds. -
TotalEnergies’ workers pledge to continue their strike
The hard-left CGT union, which launched the industrial action three weeks ago, said that workers at three TotalEnergies sites had decided to extend their strike. -
Mubadala Health, G42 to form new firm
Both companies will merge their healthcare businesses. -
Burjeel IPO raises $300m
VPS Healthcare Holdings will continue to own a 70 per cent stake. -
Saudi healthcare needs $35bn as population rises
The kingdom will need an investment of $35.6bn for nearly 20,000 new hospital beds by 2030, according to Colliers. High land costs can be an impediment to realizing the goal. -
Abu Dhabi launches healthcare grant to help research, innovation
The Department of Health – Abu Dhabi (DoH) launched the first edition of the Healthcare Research and Innovation Grant, a monetary fund that fosters research and innovation efforts among healthcare professionals in the emirate. -
Arab youth prefer UAE over home country to live, work
Key attractions in the UAE include economy, secure environment, rewarding salary packages, a wide range of job opportunities, and the wise leadership, says a survey. -
IHC acquires stake in Burjeel
The 15% stake in Burjeel will diversify healthcare investment. -
Pure Health to invest US$500m
It will buy stake in a US healthcare firm Ardent. -
UN says half of world’s health facilities lack basic hygiene
Sketching a dire picture of the world’s healthcare facilities, the United Nations has said that nearly four billion people are at greater risk of infection because of poor hygiene services where patients receive care. According to WHO and the UNICEF nearly 688 million people are treated at places with no... -
Abu Dhabi trainee doctors to benefit from Canada healthcare programs
Abu Dhabi's trainee doctor specialists, as part of Emirates academic healthcare training institutions, will now have access to Canada’s accredited training programs with increased chances for fellowship in Canada. Medical professionals across Abu Dhabi's sector will also benefit from the hybrid educational and specialized training opportunities offered by Royal College... -
FDIs in the UAE grew 116% from 2012 to 2021
According to a report by the UAE's Ministry of Economy, during the past decade from 2012 to 2021, FDIs in the country increased by 116 percent, amounting to $20.667 billion in 2021 compared to $9.566 billion in 2012. -
Amanat Holdings profit up 7%
The company posted H1 income of $26.33m. -
Healthcare giant Haleon worth $37bn
The company began trading in London on Monday. -
PPP projects inject more vigor into Saudi healthcare
The Kingdom is stepping forward and allowing the private firms to invest in healthcare infrastructure, Sandeep Sinha, Head of Healthcare Consulting - MENA at JLL, tells TRENDS. -
SVC to invest in Venture Debt Fund
The fund will offer venture debt tools to startups and SMEs. -
UAE, Israel export credit agencies to back Ghana healthcare project
Etihad Credit Insurance (ECI) and Israel Export Insurance Corporation have entered into an agreement under which ECI will provide buyer’s credit guarantees to the funding bank for Ghana’s AED 540 million ($147 million) healthcare project. This project comprises the construction of a new general regional hospital in Tema, the largest... -
Jordan govt, SJIF ink $400m healthcare agreement
Jordan Prime Minister Khasawneh said the healthcare project serves as a launchpad for future investments mentioned in the Jordan Investment Fund Law. -
Bioethics: Towards a moral practice of medicine
Bioethicists must support and advance the rights of women through new policies and ensure that established regulations and policies are implemented in support of patients. Bioethicists must also strive to alert practitioners to the social and cultural challenges, she adds. -
KSA teams up with Novartis to ramp up pharmaceutical capacity
Saudi Arabia has partnered with Novartis, the Swiss pharmaceutical company, to ramp up the kingdom's bio pharmaceutical capacity. -
Japan grants $3.35m emergency aid to Gaza Strip
Japan will provide humanitarian assistance, such as food provision, targeted at vulnerable Palestinians. -
Soaring global urban tech market to benefit KSA: Mastercard report
The paper has shone a spotlight on how Saudi Arabia’s e-government, tourism, healthcare, and transit sectors stand to benefit from the smart city revolution in the Kingdom. -
The Blockchain Opportunity
Are regional governments ready to adopt blockchain technology to boost business payments, transactions, interbank payments and corporate dealings? -
Tibbiyah closes IPO at $22 million
Fully owned by Al Faisaliah Group, Tibbiyah is a leading healthcare provider in Saudi Arabia and the region. -
Nahdi posts $226million profit
The Jeddah-based pharma retailer plans to float 30 percent of its capital. -
UAE inks deal to make medications more affordable
The initiative will provide affordable medicines to uninsured and low-income expat patients or those whose insurance does not cover the cost of treatment of several diseases. -
WHO warns of Covid medical waste threat
The extra waste is "threatening human and environmental health and exposing a dire need to improve waste management practices", the UN health agency said. -
Unilever eyes GSK-Pfizer unit despite $64bn bid rebuff
Unilever has revealed ongoing interest in a consumer healthcare unit owned by GlaxoSmithKline and Pfizer after a bid of £50 billion was refused. -
Finland provides $2.27m to fund Palestinians’ hospital referrals
Finland will give €2 million ($2.27 million) to the Palestinian Authority to support the payment of medical referrals to East Jerusalem hospitals. -
Qatar suspends leave for healthcare staff amid Covid surge
Qatar's main healthcare provider has suspended leave for all medical and administrative staff dealing with Covid, as infections surge across the Gulf. The six Gulf Cooperation Council (GCC) states -- Bahrain, Kuwait, Oman, Saudi Arabia and the United Arab Emirates, as well as Qatar -- have been recording their highest... -
UAE and Italy to scale up collaboration in bio-sciences
The UAE and Italy can join forces to lead the world through the "structural shift" underway in the biomedical sciences sector, the fourth Global Manufacturing and Industrialization Summit (GMIS) Week heard today. -
Two Abu Dhabi firms partner to adopt energy-saving technology
Abu Dhabi Health Services Company (SEHA) and Abu Dhabi Energy Services (ADES) have begun the first phase of their Energy Savings Framework Agreement. -
DFM incentivizes IPOs from companies in key growth sectors
The program encompasses unprecedented incentives including financial support to the cost of private companies’ IPOs on DFM’s Main Market and listing on the Second Market, post listing support through participation on DFM’s international roadshows regionally and globally in addition to a three years’ waiver on listing fees, AGM fees and... -
Iran enacts population law criticized by UN experts
The law renders reproductive screening optional, imposes restrictions on abortion and limits access to contraception -
UAE well-being indicator has achieved progress, says minister
Hessa bint Essa Buhumaid, Minister of Community Development and Chairwoman of Digital Wellbeing Council, said that the UAE well-being indicator achieved progress in social, healthcare, educational and economic aspects. -
Augmented reality: an early taste of the metaverse?
The key idea behind metaverse, supposedly the internet of the future, is the blurring of the divide between the physical world and the digital one.