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Novo Nordisk receives European Commission approval of Wegovy®️ pill as first oral GLP-1 for weight management in the EU; single, ready-to-use pen for higher dose 7.2 mg also approved

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    First GLP-1 pill approved in the European Union for the treatment of obesity and overweight   Only Wegovy®️ pill demonstrates 17%* mean weight loss1 and cardiovascular benefits   Wegovy®️ 7.2 mg injection in a single-dose pen, delivering 21%* weight loss, has now been approved in EU         Novo Nordisk today announced that the European Commission (EC) has granted marketing authorisation for Wegovy®️ pill (once-daily oral semaglutide 25 mg) for the treatment of adults with obesity (BMI ≥30 kg/m²) or overweight (BMI ≥27 kg/m²) with at least one weight-related comorbidity, as an adjunct to a reduced-calorie diet and increased physical activity. This follows the positive opinion issued by the European Medicines Agency's (EMA) Committee for Medicinal Products for Human Use (CHMP) in May 2026   The Wegovy®️ pill approval is a landmark moment in the treatment of obesity in Europe, making it the first GLP-1 receptor agon...
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AutoData Middle East Establishes Saudi Entity, Expanding Automotive Data Solutions for the Kingdom's Insurance Sector

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        - AutoData Middle East has established a local entity in Saudi Arabia, reinforcing its long-term commitment to one of the region's fastest-evolving automotive and insurance markets. The move enables the company to contract, operate and support customers directly from within the Kingdom, strengthening its ability to serve Saudi insurers and automotive partners at a time of sustained market growth and regulatory transformation.   Saudi Arabia's insurance sector generated SAR 71.2 billio n in revenue during 2025, up 10.2% year on year , while vehicle sales exceeded 805,000 units in 2024 . Backed by Vision 2030 and with the Risk-Based Capital (RBC) framework set to become mandatory from 1 January 2027 , demand for trusted automotive data and insurance analytics continues to grow as insurers strengthen underwriting, pricing and risk management. Having supported the Saudi insurance industry through AutoData's international entities for several years, t...
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Dammam dominates KSA residential property growth as quarterly sales values climb 71% to SAR3.6 billion – Cavendish Maxwell

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      Dammam is dominating Saudi Arabia’s residential property sector growth, with quarterly sales values rising 71% to reach SAR3.6 billion in Q1 2026, according to new insights from leading real estate advisory and property consultancy, Cavendish Maxwell.   Around 2,900 homes were sold in Dammam from January to March this year, up 41% on Q4 2025, when sales values stood at SAR2.1 billion. Compared to Q1 last year, sales volumes in Dammam were 25% higher, with values up 48%.   Despite regional tensions, March 2026 saw the highest monthly sales in Dammam with 1,265 transactions, reinforcing the resilience of the housing sector in the city, the company said.   Cavendish Maxwell’s latest analysis of Saudi Arabia’s residential property market also reveals a quarterly rise in transaction volumes and values in Riyadh, with 8,800 sales worth a total of SAR13.4 billion in Q1 2026, representing an increase of nearly 12% and more than 4% respectively ...
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