The Trump administration has pledged $812 million (AED 2.98 billion) to boost the US manufacturing of medicines needed to treat the coronavirus.
It's aimed to end dependence on other countries, and boost their own supply chain.
The four-year contract, worth $354 million, which has been awarded to Virginia-based Phlow Corp can be extended to a total of $812 million over 10 years.
It will develop essential drugs and not vaccines, officials explained.
"For far too long, we've relied on foreign manufacturing and supply chains for our most important medicines and active pharmaceutical ingredients while placing America's health, safety, and national security at grave risk," Peter Navarro, director of the White House Office of Trade and Manufacturing Policy, said in a statement.
The Utah trade school student jailed on suspicion of fatally shooting conservative activist Charlie Kirk faces formal charges next week, according to the governor, from an act of violence widely seen as a foreboding inflection point in US politics.
Indian Prime Minister Narendra Modi appealed for peace on Saturday in Manipur state, the scene of two years of deadly ethnic violence, as he unveiled a package of development projects there worth nearly $1 billion.
European Union countries have shelved plans to approve a new climate change target next week, after pushback from governments including France and Germany over plans to quickly land a deal, three EU diplomats said on Friday.
Nepal's President Ramchandra Paudel dissolved parliament and called for fresh elections on March 5, his office said late on Friday, following a week of deadly violence that culminated in the appointment of the country's first woman Prime Minister in the interim.
With the highly anticipated Asia Cup match between India and Pakistan set to take place at Dubai International Cricket Stadium on Sunday, Dubai’s Events Security Committee (ESC) is urging fans to uphold sportsmanship and follow all safety regulations.
The first round of political consultations between the United Arab Emirates and the African Union Commission was held in Abu Dhabi on Friday, building on the Memorandum of Understanding signed in 2019.
President His Highness Sheikh Mohamed bin Zayed Al Nahyan discussed opportunities to strengthen bilateral cooperation, particularly in the fields of economy, development, investment, and renewable energy, with Indonesian President Prabowo Subianto in Abu Dhabi on Friday.