Bitcoin is ending its bang of a 2021 with a winter whimper

Bitcoin’s gains for the year remain impressive

Saudi’s @HACK redefines the cybersecurity landscape of the region

Over 200 speakers, including Black Hat-approved trainers presented briefings on the latest developments in security

Human Logic - Gamalearn partnership

Human Logic, Gamalearn collaborate to support region’s education sector

The organisations plan to integrate their technological solutions to boost the growth of the education industry

Hands-on review: Bose QuietComfort 45 headphone

The QC45 headphones are lightweight, sleek and have been designed to give a modern look

Ras Al Khaimah Police announces 50% discount on traffic fines

The discount can be availed from December 5, 2021 to January 3, 2022

Saudi Aramco

Saudi Aramco’s Wa’ed invests SAR19m in fintech startup Lamaa

The Riyadh-based startup was established in March 2021 by entrepreneur Sumeet Khutale who has recently relocated from London to the kingdom

Neom, Volocopter JV to create world’s first bespoke public Evtol mobility system

Neom has placed a confirmed order of 15 Volocopter aircraft to commence initial flight operations within the next 2-3 years

ADNOC board approves Dhs466bn spending plan for 2022-26

ADNOC also announces an increase in national reserves of 4 billion STB of oil and 16 trillion SCF of natural gas

Mobile data traffic increased almost 300-fold over 10 years: Ericsson

According to the report, it is estimated that 5G networks will cover more than two billion people by the end of 2021

China’s ByteDance invests in Dubai-based logistics startup iMile Delivery

The fresh capital will support iMile’s plans to hire more engineers in China and invest in its technology

Bahrain’s financial group acquires US medical offices for $200m

Spread across seven states, the medical offices portfolio consists of 11 assets and 400,000 square feet of space

UAE: Over 60% of clients set to approach their banks for new services

A recent report advices banks to quickly redesign their respective diversification strategies to remain relevant in the future

Global smartphone sales declined 6.8% in third quarter of 2021: Gartner

Apple reclaimed the second position among the top five smartphone vendors in the third quarter and Xiaomi slipped to the third place

Alpha Dhabi Holding begins hiring process in support of Nafis initiative for Emiratis

The company offers potential for progress and growth in the fields of construction, healthcare, hospitality, industry and investment in promising sectors.

Covid-19: UAE reports 65 cases, 77 recoveries

The nationwide case count has now risen to 742,041

Oman unveils 13 national projects exceeding OMR3bn

The projects cover several key sectors, such as energy, food security, manufacturing, mining, health and tourism services

Twitter’s Parag Agrawal is youngest CEO in S&P 500

Agrawal, who was appointed to succeed Twitter founder and CEO Jack Dorsey, is 37

Economists debate how Omicron will impact the global recovery

The imposition of travel restrictions will shake consumer and corporate confidence

Etihad Airways

UAE National Day: Etihad offers up to 50% discount on flights

The 50-hour sale will run from 10pm on November 29 and will end at midnight on December 1, 2021

UAE’s Al-Futtaim Group launches first Volvo electric car in the region

The full-electric XC40 BEV compact SUV was unveiled at the newly launched Volvo Studio located in Dubai Festival Plaza, Jebel Ali

Covid-19: UAE reports 58 cases, 84 recoveries

The nationwide case count has now risen to 741,976

Abu-Dhabi

Multiply Group becomes IHC’s 8th subsidiary to list on ADX

The group will list on ADX’s main market on December 5

Middle East: Talent development takes flight amid growing digitisation

Advancing the quality and equity of ICT education, as well as preparing individuals for future jobs in a digital economy, is critical to social development

Gold drops as easing virus variant concerns curb haven demand

Bullion has erased its November rally and is almost back to where it started the month

Khalifa University

UAE’s Khalifa University launches investment arm with Dhs100m endowment

The newly formed Khalifa University Enterprises Company will act as the business and investment arm of the university

UAE reduces fuel prices for December 2021

The price of Super 98 has been eased to Dhs2.77

Etihad Morocco

Etihad to suspend flights between Abu Dhabi and Morocco

The suspension will be effective starting November 30, for a period of two weeks

Saudi stock exchange sets IPO offer price at top end of range

Tadawul set the price at SAR105 per share after an institutional book-building process

Newage Learning, infoShare Academy to launch software coding education programmes in GCC

With technology being increasingly critical in every facet of business, all organisations recognise the need to accelerate development of digital solutions to be competitive

Emirates Global Aluminium, GE sign pact to cut greenhouse gases

The companies plan to develop a roadmap to cut emissions from the GE’s natural gas turbines