Middle East Experience

Nahdi Medical Co, Saudi Arabia’s market leader in retail pharmacies, made a strong market debut on Tuesday, opening 16.8 percent above its initial public offering price.Nahdi is among several IPOs hitting the Saudi market since Aramco’s listing, as the country encourages family-owned businesses to list, while the Public Investment Fund, the main sovereign wealth fund, has monetized assets through share sales.Nahdi opened at 153 riyals ($40.79), up from an IPO price of 131 riyals, Refinitiv Eikon data showed.For the latest headlines, follow our Google News channel online or via the app.Nahdi had raised $1.36 billion in the country’s biggest IPO since Saudi Aramco’s listing in 2019.Nahdi has 1,151 pharmacies, catering to more than 100 million customers, as well polyclinics and express clinics. It plans to boost primary healthcare services and expand further in the Gulf countries.“In the years ahead, Nahdi is well-positioned to capitalize on current market trends, executing on its expansion plans and further developing its comprehensive and propriety ‘omnihealth’ platform,” CEO Yasser Joharji said in a statement.Read more:Israel’s OurCrowd to open AI R&D center in UAE’s Abu DhabiCrypto holders now able to participate in Emirates Draw for $27.2 millionIndia pitches for collaboration at Expo 2020 Dubai with steel sector in Gulf
Source: Al Arabiya
Full Article: Saudi Arabia’s pharmacy firm Nahdi soars on debut after .36 billion IPO

The Gulf state and Turkey have long cooperated in numerous fields..
Source: Albawaba
Full Article: Turkish Aerospace seeks to hire Qatar University students under new MoU

Responding to the news that Russian opposition leader and prisoner of conscience Aleksei Navalny has been sentenced to 9 years in prison for his overt criticism of Vladimir Putin and peaceful political activism, Amnesty International’s Secretaty General, Agnès Callamard, said: “Navalny faces 9 years in prison for calling out the Russian elite for corruption and ..
Source: Albawaba
Full Article: Russia: Opposition leader Aleksei Navalny sentenced to 9 years in prison in cynical deprivation of his human rights

The price of unsubsidised bread has jumped by as much as 25%, from 1.00 to 1.25 Egyptian pounds a loaf, since Russia's invasion of its neighbour..
Source: Albawaba
Full Article: Egypt sets fixed price for unsubsidised bread

ophthalmologists at Jerusalem’s Shaare Zedek Medical Center have achieved a breakthrough with the thinnest 3D.
Source: Jerusalem Post
Full Article: World’s thinnest 3D printed cornea implanted in Jerusalem

It turns out that biology is much more sophisticated than we ever imagined. An experiment conducted on mice revealed that an organ changes its sex during illness.
Source: Jerusalem Post
Full Article: This one organ changes its sex during illness, experiment reveals

Women empowerment in the Gulf has become a tool of deflection rather than a genuine effort to promote women’s full and equal participation in society..
Source: Albawaba
Full Article: Re-examining Women’s Empowerment in the Gulf

PM Naftali Bennett, Egyptian President Abdel Fattah al-Sisi and Crown Prince of Abu Dhabi Mohammed bin Zayed held a joint meeting in Sharm El-Sheikh.
Source: Jerusalem Post
Full Article: Bennett, Sisi and MBZ discuss Iran, joint defense strategy

#QatarCreates aims to bring together people from around the globe to Qatar to celebrate and foster Qatar’s cultural scene..
Source: Albawaba
Full Article: #QatarCreates set to start a week-long event from 25 March

EUROCOM admitted to bribery in deal in a separate case
Source: Jerusalem Post
Full Article: Netanyahu trial: prosecution gets win against Bezeq parent company