Thursday 23 March 2023

Julphar 2022 revenue jumps 41.4pc to $440m

Driven by market share growth, Gulf Pharmaceutical Industries (Julphar), one of the largest pharmaceutical manufacturers in the Middle East and Africa, has seen its 2022 revenue jump 41.4% to AED1.62 billion ($440 million).    In 2022, Julphar reported EBIT


World’s first quantum computer for healthcare research unveiled

Cleveland Clinic and IBM have unveiled at Cleveland Clinic the IBM Quantum System One, the first quantum computer in the world to be dedicated to healthcare research with the aim of helping accelerate biomedical discoveries.    The unveiling comes as a key


Emerson promotes green education among UAE school students

Emerson, a global technology and software company, has collaborated in the UAE with Treedom, a web-based platform that promotes a culture of environmental sustainability, to inculcate sustainability among school students.   As part of Emerson’s sustainabil


New approaches can support KSA’s sustainability goals: ADL

Saudi Arabia's industrial sector, which accounts for around 46% of the country’s total emissions, must choose sustainable inputs and adopt refined manufacturing processes to reduce industrial emissions by 65% by 2050, says a report.   Besides, the sect


Olayan Saudi to open new rehab hospital in Riyadh

Olayan Financial Company (OFC), represented by Olayan Saudi Holding Company (OSHCO), and Austria healthcare firm Vamed Group have partnered to open a new rehabilitation and long-term care hospital in Saudi Arabia with 150 bed capacity. The facility will provide inpatients and out


Swiss' Acino integrates with UAE’s Pharmax Pharmaceuticals

Acino, a Swiss pharmaceutical company headquartered in Zurich, has integrated with Pharmax Pharmaceuticals, a UAE-based manufacturer and distributor of high-quality medications. Both companies are owned by ADQ, an Abu Dhabi based investment and holding company.   


Woman with artificial heart pump gives birth at Saudi hospital

In one of the rare medical cases recorded in the world and the first in the Middle East, a 32-year-old woman who lives on an artificial pump assisting the heart has given birth to a healthy baby through a successful caesarean section.   The procedure was done by


Saudi Health calls for international JVs to build 4 hospitals

The Saudi Ministry of Health (MOH) in collaboration with the National Centre for Privatisation (NCP) has solicited expressions of interest from private medical investors for four new medical facilities.   The projects include designing, building and operating a


Saudi German Health opens its latest hospital in Makkah

Saudi German Health, a leading healthcare group in the Mena region, has inaugurated its latest hospital in Makkah under the patronage and presence of Prince Badr bin Sultan Al Saud, Deputy Governor of Makkah Province.    The facility is fitted with the late


New American Mission Hospital in Bahrain opens to public

King Hamad American Mission Hospital (KHAMH), a state-of-the-art multi-speciality hospital – among the most advanced of its kind in the region – in Bahrain has now opened its doors to outpatients.   The obstetrics and gynaecology department and the s

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