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United Arab Emirates

Israel-UAE partnership launches $100 million tech investment fund

Israel-UAE partnership launches $100 million tech investment fund

  • Liquidity Capital, an Israeli fund management company has joined with Vault Investment, a Dubai-based company, to launch a $100 million debt investment fund.
  • The Dubai-based fund will target technology startups in the region, especially those looking for alternative sources of funding.
Updated 25 Jan, 2021 01:35pm
UAE cabinet approves setting up embassy in Tel Aviv
World

UAE cabinet approves setting up embassy in Tel Aviv

  • A statement from the Israeli foreign ministry said Israel’s embassy in Abu Dhabi officially opened on Sunday with the arrival of the country’s envoy there, albeit in a temporary location until permanent premises are found.
Published 25 Jan, 2021 10:23am
Denmark suspends UAE flights over virus test concerns
World

Denmark suspends UAE flights over virus test concerns

  • All air passengers arriving in Denmark need to show a negative virus test from the previous 24 hours.
  • The flight ban will run from Friday until Wednesday, during which time Denmark will not accept any negative tests from the UAE.
Published 22 Jan, 2021 05:41pm
Israeli tourists stealing from Dubai hotels: report
World

Israeli tourists stealing from Dubai hotels: report

  • Israeli tourists visiting the United Arab Emirates (UAE) have been accused of stealing items from hotel rooms in Dubai.
  • Complaints of Israeli tourists stealing from hotels come only a month after the first commercial passenger flight from Israel to the UAE was initiated.
Updated 08 Jan, 2021 04:03pm
Research body files lawsuit against State Department, to block $23 billion weapons deal to UAE
World

Research body files lawsuit against State Department, to block $23 billion weapons deal to UAE

  • In an effort to block the sale of $23 billion in advanced military systems to the United Arab Emirates, a foreign policy research body is suing Secretary of State Mike Pompeo and the State Department.
  • Critics argued that the Trump Administration did not go through the proper congressional review process and left unanswered questions about the purpose of the transfer, which included F-35 advanced fighter jets and MQ-9 reaper drones.
Updated 01 Jan, 2021 03:24pm
Israeli spyware software used by Saudi Arabia, UAE to hack Al Jazeera journalists: Report
World

Israeli spyware software used by Saudi Arabia, UAE to hack Al Jazeera journalists: Report

  • According to a cyber-security watchdog, dozens of journalists at the Al Jazeera Media Network were targeted this year by advanced Israeli spyware, linked with the governments of Saudi Arabia and the United Arab Emirates.
  • Researchers from the Citizen Lab at the University of Toronto published a report on Sunday, detailing how the Pegasus spyware infected the cellular devices of 36 journalists, producers, anchors and executives at the media network.
Published 21 Dec, 2020 06:27pm
UAE's flydubai to resume flights from July 7
Business & Finance

UAE's flydubai to resume flights from July 7

  • State-owned flydubai would initially operate to 24 destinations in Europe, Asia, Africa and the Middle East.
  • The carrier plans to resume flights to 66 destinations over the summer, it said, adding that flights are dependent on countries opening their
Published 24 Jun, 2020 06:57pm