Uae Financial News

Biocon Biologics completes integration of Viatris' biosimilar business in 120 countries Biocon Biologics on Monday said it has completed integration of the acquired Viatris' biosimilar business in 120 countries, a year ahead of schedule. The company said over 10 emerging markets along with Japan, Australia and New Zealand have transitioned in this final phase of the integration of the biosimilars business acquired from Viatris. With the completion of this significant milestone, Biocon Biologics is now a fully integrated ‘lab to market’ biosimilars company committed to serving millions of patients across the globe. Around 70 emerging markets were integrated in July, the North America business transitioned in September and the European business in November. Biocon Biologics has made several key leadership appointments, built new capabilities and infrastructure from the ground up and set up dedicated teams to address the growing needs of patients and customers through self-led and partner or distributor-led commercial models. Biocon Biologics will now have a commercial footprint across 120 countries with a direct presence in the US, Canada, Europe and 9 key emerging market countries, namely India, UAE, Saudi Arabia, Morocco, South Africa, Brazil, Malaysia, Thailand, and the Philippines.

Hamas has been the focus of a relentless Israeli onslaught in Gaza but with resilient and diverse finances, it is expected to have a significant war chest at its disposal as the conflict drags on. Israel's Prime Minister Benjamin Netanyahu has vowed to annihilate the Palestinian Islamist movement behind the October 7 attack — the deadliest in the country's history.

how to apply it in practice. If there were some way we could agree on a fair share for every country in the global carbon budget, countries could be required only to live within this share, while being left free to determine how to do it. Net zero dates would be irrelevant.

Kuwait’s new ruler is taking over in his 80s and will be confronted with the same economy-hobbling political dysfunction that has for years doomed reforms. But there are differences in this succession as well as similarities, and how they play out will help dictate whether 83-year-old Emir Sheikh Mishaal Al-Ahmed Al-Jaber Al-Sabah can break the OPEC member state free of its paralysis.

Kerala, the Central government has approved the Beypore-Kochi-Dubai cruise service, signaling a new era for Malayalis venturing into the world of luxury sea travel, according to a report by Manorama, on December 15, 2023. The Union Shipping Minister, Sarbananda Sonowal, revealed that the initial steps to launch the cruise ship service are underway, following consistent demands from non-resident Indian passengers.

Prime Minister Narendra Modi and Haitham bin Tarik, the Sultan of Oman, on Saturday adopted a new 'India-Oman joint vision, a partnership for future' focusing on ten essential areas, heralding a new chapter in the strategic partnership between the two nations. «India and Oman have had an unbreakable bond of deep friendship for centuries. At one end of the Arabian Sea is India and at the other end is Oman.

Permanent Committee for Human Rights in the UAE, in cooperation and partnership with the General Women's Union and the UN Women Liaison Office for the Gulf Cooperation Council in Abu Dhabi, organised an event titled "Climate Change and Ways to Mitigate Gender-Based Violence" at the Women's Pavilion at COP28. Jamal Al Musharakh, the UAE's Permanent Representative to the United Nations and other international organisations in Geneva, delivered the opening speech and stressed that COP28 UAE placed the issue of women and gender equality in the context of climate action as a top priority. Furthermore, he added that the conference's allocation of a full day of the presidential programme to confront this issue underscored the criticality of elevating the role and participation of women in tackling climate change. The conference presidency was also keen to enhance the skills of national cadres and support the presence of women in its various activities, adding that the UAE negotiating team included many young talented women specialized in climate diplomacy and international negotiations, which affirms Emirati women's active role in achieving UAE sustainability. He maintained that the UAE is active internationally in addressing climate change, and as a member of the Human Rights Council, and in partnership with the United Kingdom, submitted a draft resolution on girls' education that was adopted by the Council at its 54th session without a vote.

Kuwait’s ruling emir has died at age 86

A ballistic missile fired by Yemen’s Houthi rebels has slammed into a cargo ship in the Red Sea near the strategic Bab el-Mandeb Strait

Islam's counter-punching fifty and a fiery spell by left-arm pacer Maruf Mridha helped Bangladesh score a facile four-wicket win over India to reach the final of the ACC Under-19 Asia Cup here Friday. On a slightly double-paced pitch, Indian batters struggled to get going before getting bundled out for 188 in 42.4 overs, with Musheer Khan (50) and Murugan Abhishek (62) doing all the scoring for them. Maruf took 4 for 41 to give early jolts to India in the second semifinal.

Let him cast the first stone, he who has not sinned, said Jesus Christ. He was admonishing a crowd gathered to stone a woman of sin, one Mary Magdalene. He might have said the same thing at the Dubai climate summit, addressing the delegates from the rich world hollering for an early elimination of fossil fuels.

Sahil Khan and three others. They have been instructed to appear before the SIT on Friday for questioning. Earlier, Dubai Police on Tuesday arrested Ravi Uppal, one of the two prime accused in the Mahadev Book online betting syndicate.

By Maha El Dahan, David Stanway and Valerie Volcovici

The Digital Asset Lab was announced in May 2023 at the Dubai FinTech Summit, with the goal of enabling and accelerating digital asset and financial services innovation in the UAE. Within the Lab, Emirates NBD aims to collaborate with industry experts to understand how digital assets and their underlying technologies can be utilised within traditional financial services.

The climate negotiations that just finished in Dubai hit upon the essence of compromise, finding common language that everyone accepted, at times grudgingly

Telecom operators will be able to use 6 GHz band radiowaves for 5G and 6G services, with majority of the member countries of the International Telecommunication Union(ITU) agreeing to a global accord in this regard. The agreement was reached at the ongoing ITU spectrum meet WRC 2023 in Dubai.

The 28th Conference of Parties concluded Wednesday with a historic agreement to move away from fossil fuels – but what that means for sustainable investing is unclear at best.

A missile fired from Houthi-controlled territory in Yemen missed a container ship traveling through the crucial Bab el-Mandeb Strait

COP28 President Al-Jaber at last night's plenary | Credit: UNFCCC

Global Guardian CEO Col. Dale Buckner comments on threats facing the U.S. in China and the Middle East.

COP28 saw many firsts this year. From organizing the COP's first-ever "Health Day" to hosting "the first-ever COP ministerial dialogue on building water-resilient food systems" — there were many events and “landmark" moments that embraced the COP28 climate summit. On Saturday, several countries clashed over a possible agreement to phase out fossil fuels at the COP28 summit in Dubai, jeopardizing attempts to deliver a first-ever commitment to eventually end the use of oil and gas in 30 years of global warming talks.