Prince Khaled’s KBW Ventures joins $6.2m funding round for US biotech startup

TurtleTree Labs produces milk using cell-based technology

New Mimecast report reveals steady increase in malicious files in GCC

Spam remains the most prominent threat vector across all sectors throughout the region

Finablr sold for $1 to Israeli-UAE consortium

The deal is also among the first significant commercial transactions between UAE and Israeli companies

Abu Dhabi’s Hope Consortium expands reach via four key partnerships

The four companies cover 80 per cent of the world’s countries and transported over four million tons of air freight cargo globally last year

RÓEN Beauty makes Middle East market debut on Powder.ae

RÓEN’s cruelty-free, vegan and clean makeup line to be exclusively marketed and distributed by Powder

Saudi health minister gets Covid vaccine as kingdom offers free shots

Saudi Arabia earlier this week asked citizens and residents to sign up for its vaccination programme

Why Middle East investors should consider Northern Ireland’s fintech sector

The fintech sector is booming – supported in part by the Covid-19 pandemic – and Northern Ireland offers regional businesses a great platform for growth

RSH 1

Dubai’s GMG acquires Southeast Asian sports retailer Royal Sporting House

GMG will now operate over 550 sports retail stores in 57 cities across 12 countries

Dubai Real estate

Four steps for UAE businesses to up their e-commerce game

Many consumers are unlikely to give up online shopping even after the pandemic ends

UAE lender FAB opens Jakarta office to facilitate regional trade

FAB Indonesia will serve as a bridge to facilitate trade and investment flows between the UAE, the wider GCC region, Egypt and Asia

How Middle Eastern families can carve out sustainable legacies

Sustainable investing acts as a conversation enabler between generations

Saudi vaccine

Covid-19 vaccine: Saudi receives first consignment, over 150,000 register in 24 hours

The vaccine is free for citizens and residents, and the first batch will be distributed over the next three days

Dubai’s ICD adds Meydan to portfolio to gain larger property footprint

Meydan’s two main lines of business – real estate and horse-racing – will remain separate

Zain, Ericsson launch joint intrapreneurship programme across Middle East

Ericsson to support Zain in identifying technology trends and industry insights

Sustainability reporting increases in top UAE companies amid new mandates

Increase attributed to greater commitment to national green initiatives

Bahrain-Manama

Bahrain, UAE and Saudi ranked among world’s top five Islamic finance economies

Islamic Development Bank report places Bahrain in third place globally

University of Wollongong in Dubai

This Dubai university is offering a dual degree in luxury management

The four-semester curriculum of the GEMLux programme was conceptualised with an advisory committee that included the Chalhoub Group, Daimler Middle East and Ahmed Seddiqi & Sons

Dubai’s flydubai offers special fares to select destinations

Tickets can be booked until December 28, 2020, for travel from December 14, 2020 until March 14, 2021

Covid-19 update: UAE reports 1,278 cases; 116 infections registered in Oman

The case count in the UAE has now risen to 188,545

Sharjah’s Arada launches Naseej District; CEO ‘extremely bullish’ on outlook for 2021

The sales launch of the district’s first residential building, Tiraz 1, begins on December 16

Oil rally pauses after report points to rising US stockpiles

US gasoline stockpiles expanded by 828,000 barrels last week

Truck

Dubai trade with Bahrain increases 170% in 10 years

In the first half of 2020, trade between Dubai and Bahrain amounted to Dhs5.37bn

Saudi Arabia plans spending cuts in 2021 as economy recovers

The kingdom will stick to its plan to cut spending by 7.3 per cent in 2021

Dubai Real estate

Real estate: New Dubai law issued for cancelled and unfinished projects

If RERA cancels a real estate project, a special tribunal will be responsible for liquidating it and ensuring settlement of all rights related to the project

Zayed University

Kaspersky signs MoU with Zayed University to boost cybersecurity training in UAE

Kaspersky will organise courses on topics such as reverse malware engineering and threat hunting

Rabbi Marc Schneier

This rabbi is bringing American Jews to the GCC. Here’s why

Rabbi Marc Schneier is launching new tourism initiatives in the GCC

Switzerland Tourism

How visitors from the GCC can turnaround the Swiss tourism industry

The Swiss tourism industry, rattled by the Covid-19 pandemic, is plotting a hard-fought comeback beginning this winter

Abu Dhabi’s Mubadala to invest in Asper’s Dhs2.1bn investment vehicle

Dorothea aims to develop a pipeline of large-scale sustainable heating networks in the Netherlands

coronavirus Covid-19 UAE

Covid-19 update: UAE reports 1,226 cases, 674 recoveries and 4 deaths

The death toll in the UAE has risen to 622

Wyndham launches first Super 8 hotel in the UAE, alongside Wyndham Dubai Deira

New hotels part of the extensive Deira Enrichment Project by Ithra