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Zawya
an hour ago
- Zawya
Sudan: United Nation (UN) sounds the alarm as health and food crises worsen across the country
As conflict between rival militaries rages on, millions of people keep on being displaced. While the UN and its partners continue to provide assistance to newly displaced families in North Darfur, 'nearly 60 per cent of displaced families still lack adequate shelter support,' said Deputy Spokesman for the Secretary-General, Farhan Haq, at a daily press briefing on Monday. In Abu Shouk camp in El Fasher, the North Darfur capital, displaced families are facing acute shortages of food and medicine, with local sources reporting four hunger-related deaths last week, as food insecurity continues to worsen across the entire country. In North Darfur state notably, low cereal supply, poor harvests and a prolonged food deficit have severely affected food availability. Health crisis Meanwhile, cholera cases continue to rise in Tawila. More than 1,500 suspected and confirmed serious infections have been reported since June, with over 500 people currently receiving treatment. While local authorities have introduced emergency measures, including market closures and a ban on public gatherings, humanitarian organizations urgently require $120 million to scale up life-saving support in Tawila over the next three months. 'This funding is essential to contain the outbreak and sustain critical services,' according to OCHA. Meanwhile, in Port Sudan, the main entry point for humanitarian personnel and supplies, a sharp increase in heatstroke cases linked to extreme temperature and prolonged power outages is raising concerns, as one death was recorded over the past two days. Food crisis In El Fasher, food prices continue to rise to alarming levels. The Integrated Food Security Phase Classification (IPC) has already identified famine conditions in multiple areas of North Darfur and the eastern Nuba Mountains, with more locations at risk. In May, the average cost of the local food basket in El Fasher was more than six times the national average, as the city recorded the highest prices for nearly all essential items among assessed localities. An IPC alert earlier this month noted that Sudan's food security and nutrition situation is set to further deteriorate over the lean season from July to October, notably in areas of active conflict with limited access and experiencing high levels of displacement. Distributed by APO Group on behalf of UN News.
Emirates 24/7
2 hours ago
- Emirates 24/7
'Shark Tank Dubai' Season 3 Achieves Remarkable Success and Supports 25 Startups with AED 42 Million in Investments
The third season of 'Shark Tank Dubai,' broadcast on Dubai TV, part of Dubai Media, achieved remarkable success with investments exceeding AED 42 million, benefiting 25 projects from the UAE and the region. This milestone highlights the program's vital role in empowering entrepreneurs, expanding their investment opportunities, and supporting their contributions to Dubai's economic growth. This aligns with Dubai Media's efforts to support Dubai's innovation- and knowledge-based economy and the goals of the Dubai Economic Agenda D33, which aims to double the size of the economy, increase foreign direct investment, and position Dubai among the world's top three economic cities. Over 13 episodes, the season featured 77 entrepreneurs locally and regionally who saw Dubai as a land of opportunity. They pitched their unique ideas to a panel of seasoned investors with extensive expertise in various investment sectors. Statement from Dubai Media Sarah Aljarman, Senior Vice President of TV and Radio, affirmed the program's impact: 'Shark Tank Dubai has become a turning point for supporting SMEs in the UAE and the region. It stimulates the entrepreneurial ecosystem in Dubai and empowers entrepreneurs to fulfil their ambitions.' She added that many of the showcased projects demonstrated strong market potential and scalability, with investors showing great interest in their innovative approaches. 'The show has transformed into an innovative platform that nurtures entrepreneurial dreams, promotes foreign investment, and contributes to Dubai's economic growth across sectors. It inspires the next generation of entrepreneurs who aspire to launch successful ventures from Dubai to the world.' Top Funded Projects According to Dubai Media, the highest-funded project was 'MediChip' by Khatija Ali, which received AED 7.2 million. The project offers a groundbreaking patch-like device for cancer treatment that minimizes side effects typically associated with chemotherapy. Next was 'Health Nag', led by Bradley Warwick-Browne and Natasha Rudatsenko (Estonia/UK), which secured AED 3.75 million for its advanced health products including supplements and therapeutic formulations. Other notable investments: • Shake Your Plants – AED 3.2M (Justine Dampt and Lia Coelho) • Cado Gifting – AED 2M (Leila Al Marashi, UAE) • Chef Nouel Oatis – AED 2M (Nouel Catis, Philippines) • Nutrical – AED 2M (Soniya Ashar, India) • PetBae – AED 1.85M (Joey Chaaya, Lebanon) • Pastel Cakes – AED 1.75M (Maha & Nada Safa) Six Strategic Projects – AED 1.5M Each 1. Save Me App – Zaynab Elhaj (Morocco) – affordable fresh food 2. MIAM – Sylvain Perret and Chris (France) – lactose-free ice cream 3. Trainmate – George El Nachar (Lebanese) AI-based personal fitness plans 4. NR – Nassir Al Khan (Saudi Arabia) 5. Liwa Coffee Roastery – Rashed Alfalasi (UAE) 6. Yala Kombucha – Aurelija Lapieniene, (Lithuania) Other Funded Projects • Libas – AED 1.2M (Paolo Khayat, Lebanon) – luxury second hand fashion platform • AED 1M each: o Sip (Julian & Stephanie Martin) o Bijou Butter (Alanood Jassim) – UAE's first butter brand o JamaliBox (Haydar Zayat, Syria) o The Creative Train (Razan Sharab, Jordan) • Deborah Henning Official – AED 920K • Following – AED 850K (Hajar Al Yousfi & Zain Ali Khan) – connects influencers & brands • Bloomspoon – AED 800K (Mostafa Khattab, Egypt) • Ata3allam – AED 750K (Jennifer Aouad, Lebanon) • L&L SKIN – AED 700K (Irina Pogorevich, Russia) • FUDGee Kids – AED 400K (Stacey Loftus, UK) Investor Panel The core investor panel included leading regional and international names: • Elie Khouri, Founder of Vivium Holding and Chairman of Omnicom Media Group MENA • HE Faisal Belhoul – Emirati entrepreneur, Vice Chairman, Dubai Chambers • Amira Sajwani, Managing Director of Sales & Development at Damac Properties and Founder & CEO of PRYPCO Each episode also featured guest investors such as: • Adel Sajan (Danube Group) • Mohamed Ballout (Kitopi) • Noor Sweid (Global Ventures) • Tawfiq Kridieh (Brands For Less) • Sima Ved (Apparel Group) • Mona Kattan (Kayali) • Mona Ataya (Mumzworld , • Cordell Broadus (Creative investor and son of Snoop Dogg) • Ahmad Al Suwaidi, (Al Suwaidi Electric) • Matt Higgins (RSE Ventures)
Zawya
3 hours ago
- Zawya
Dr. Sulaiman Al Habib logs over $293mln profits in H1-25; dividends unveiled
Riyadh: The net profits after tax of Dr. Sulaiman Al Habib Medical Services Group increased by 3.80% to SAR 1.14 billion in the first half (H1) of 2025 from SAR 1.10 billion in H1-24. Revenues surged by 28.40% year-on-year (YoY) to SAR 6.54 billion as of 30 June 2025 from SAR 5.09 billion, according to the financial statements. Earnings per share (EPS) amounted to SAR 3.28 in H1-25, versus SAR 3.16 in H1-24. Results for Q2-25 In the second quarter (Q2) of 2025, the net profits witnessed a 6.48%% YoY rise to SAR 591.02 million, compared to SAR 555.03 million. The revenues climbed by 31.50% to SAR 3.38 billion in Q2-25 from SAR 2.57 billion a year earlier. Quarterly, the Q2-25 net profits increased by 6.10% from SAR 557.01 million in Q1-25, while revenues grew by 7.17% from SAR 3.15 billion. Cash Dividends The medical group announced cash dividends totaling SAR 416.50 million to 350 million eligible shares for Q2-25. The board approved the distribution of SAR 1.19 per share, representing 11.90% of the share nominal value. Eligibility and payment dates for the dividends will be 31 July and 18 August, respectively. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
