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GSK to buy Aiolos Bio
The focus is on an asthma medication still at the testing stage.
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AstraZeneca Q3 profit swells
The profits nearly doubled on solid demand for cancer treatments. -
Iraqi security forces seize 15 tons of illegal drugs and precursor chemicals
War-scarred Iraq, originally mainly a drug transit country, has faced an explosion in narcotics use in recent years, mainly of captagon and crystal meth. -
Jamjoom Tadawul debut on Jun 20
Jamjoon Pharma IPO was launched on May 25 at SAR 60 per share. -
8 new industrial projects announced at Abu Dhabi’s ‘Make it in the Emirates’ event
Abu Dhabi, UAE - Eight new projects were announced on Thursday during the Make it in the Emirates Forum in Abu Dhabi. The Abu Dhabi Investment Office (ADIO) and its partners signed Memorandum of Understanding with high-growth companies covering key areas, including manufacturing, banking, oil & gas, pharmaceuticals, and healthcare... -
AstraZeneca buys US firm CinCor
The acquisition has been finalized at $1.8billion. -
OIC countries suffer US$63bn trade deficit in halal products; Turkey, Indonesia, Malaysia top exporters
The bloc's exports of halal products equaled US$275 billion, while their imports totaled US$338 billion last year, says the 2022 Annual OIC Halal Economy Report. -
Sudan seeks investment from Qatari private sector in various sectors
Doha, Qatar - Qatar Chamber explored, with the Ruler of Darfur region in Sudan, investment cooperation and enhancing the role of the private sector in the two countries. During a meeting held between Ruler of Darfur Region in Sudan, Minni Arko Minawi and Qatar Chamber First Vice-Chairman Mohamed bin Twar... -
Julphar Q2 sales $114m
Net profit for the period reached AED5.2m (AED73.4 million in Q2 2021) -
EDB to showcase its financing solutions at ‘Make it in Emirates Forum’
Emirates Development Bank (EDB) will participate in the first "Make it in the Emirates Forum" to be held on 21-22 June at ADNOC Business Centre, Abu Dhabi. It will use the Forum to underline how its range of flexible financing solutions can help large corporates and SMEs to expand, diversify... -
UAE, Egypt, Jordan partner for sustainable economic growth
The countries allocated a US$10bn investment fund, to be managed by ADQ Holding, to accelerate the partnership objectives. -
UAE, Jordan discuss accelerating investments post-Expo 2020
At the meeting, the two sides called for intensifying visits by trade delegations from both countries and increasing the number of conferences. -
Emirates to launch daily flights to Israel from June 23
Emirates will offer multiple daily and weekly flights throughout Australia, India, Philippines, Thailand and South Africa, many of which are home to thriving Jewish communities. -
Trade between Bangladesh and UAE reaches $1.2 billion in 2021
Trade between Bangladesh and the UAE has reached $1.2 billion in 2021, recording a growth of more than 15 percent, Bangladesh's ambassador to the UAE Mohammed Abu Zafar has said. The ambassador hailed his country's relations with the UAE as deeply rooted and increasingly developing thanks to the support provided... -
ADQ to acquire pharma firm
ADQ will acquire Swiss firm Acino from its current shareholders. -
Algerian pharmaceutical market; model of positive growth
The Algerian pharmaceutical sector, which depended upon massive imports to fulfill medical supply needs, is now on a path of rapid and positive progression. With an aim of improving the local medicine and medical supply needs, and to acquire scientific, technological and technical know-how, Algeria is working on important partnerships...