Gulf Pharmaceutical Industries (Julphar) has announced its divestment from Zahrat Al Rawdah Pharmacies, which will be taken over by BinDawood Holding for a total cash consideration of SR444.1 million ($118.25 million).
PureHealth Holding, the largest healthcare group in the Middle East, has posted a nine-month (9M) net profit increase of 13% to AED1.4 billion ($380 million) on a revenue surge of 56% to AED19 billion.
Veolia and Morocco have signed a MoA for setting up a partnership to develop a seawater desalination project that will be the largest in Africa and the second largest in the world.
Chemist Warehouse, Australia’s leading pharmacy retailer, has officially launched its first store in the UAE at Dubai’s Al Ghurair Centre.
Japanese design firm Nikken Sekkei is set to introduce a new prototype for Next-Generation skyscrapers at the upcoming Cityscape Global in Riyadh. It is mainly aimed at creating attractive workplaces while minimising the CO2 footprint of skyscrapers.
The greenhouse gas levels in 2023 had surged to a new record, committing the planet to rising temperatures for many years to come, said a report from the World Meteorological Organisation (WMO), setting off alarm bells among major stake holders.
The liquidity in Saudi Arabia surged to a record SAR2.91 trillion ($774 billion) by August end, up 8.7% over last year, thus serving as a catalyst for the economic, commercial framework, contributing to positive rates in the economic development process.
Some 67% of Saudi Arabia’s consumers list clean and safe water as a significant environmental concern over the next five years —up from 66% in 2023.
APM Terminals Bahrain, the operator of Khalifa Bin Salman Port, has been named one of the top 10 companies in the transport and logistics sector on the 2024 Forbes Middle East Sustainability Leaders list.
King Faisal Specialist Hospital & Research Centre (KFSHRC) has successfully conducted pharmacogenetic analysis of over 1,500 patients.
