Stem cell research at the Abu Dhabi Stem Cell Centre. Wam
Stem cell research at the Abu Dhabi Stem Cell Centre. Wam
Stem cell research at the Abu Dhabi Stem Cell Centre. Wam
Stem cell research at the Abu Dhabi Stem Cell Centre. Wam

Reducing cost of stem cell therapies in Abu Dhabi opens up life-changing opportunities


Nick Webster
  • English
  • Arabic

The possibility of gaining access to life-changing stem cell therapy could finally be in reach for many in the region, thanks to a move by Abu Dhabi biobank to make the service more affordable.

With an ability to treat multiple conditions including autism, multiple sclerosis and even some cancers, as well as providing insurance to protect newborns against future disease, stem cells have the natural power to cure multiple life-limiting ailments.

Stem cell therapies are delivered in multiple forms and are the bedrock of emerging regeneration therapies and longevity science. They are either extracted at birth from the umbilical cord and placenta and cryogenically stored, or taken from body fat and then re-injected at other sites to regenerate damaged tissue. With average costs starting from around Dh16,000 and rising to more than Dh130,000 for some treatments, the cost of preserving stem cells for future use has been prohibitive for many.

Now, costs for private cord blood banking services have been halved by Abu Dhabi Biobank by partnering with M42’s Danat Al Emarat Women’s and Children Hospital, and other facilities such as the Corniche Hospital and Kanad Hospital, to store bio material in a purpose-built centre in Masdar City. It aims to offer more expectant families with an affordable, accessible way to preserve their newborns’ stem cells.

“Typically, the market price for stem cell collection and storage, to be stored for several decades, is in the order of Dh15,000 and upwards – the more expensive packages from our competitors are in excess of Dh30,000,” said Paul Downey, general manager of Abu Dhabi Biobank.

“Generally storage is offered for 30 years, because that's the useful life of the stem cells. Through efficiencies we've managed to reduce our costs to Dh7,500 for a base package, which is simply collection and storage. It provides that insurance policy. Should you or somebody in your family need them, they're cryopreserved and available for transplant.”

Dr Steven Victor said stem cell therapy can change people's lives. Chris Whiteoak / The National
Dr Steven Victor said stem cell therapy can change people's lives. Chris Whiteoak / The National

Postnatal collection

Blood collected from a newborn's umbilical cord immediately after birth is a rich source of hematopoietic stem cells, which can develop into various blood and immune system cells. They are regarded as a powerful defence against disease but are often discarded as medical waste. They are kept at -196°C, with storage one of the biggest costs, and are instrumental in the treatment of more than 80 life-threatening diseases.

Stem cells can be used to treat leukaemia, lymphoma, bone marrow disorders, immune deficiencies and other genetic conditions like thalassemia and sickle cell anaemia.

“People may have heard of stem cells, but they're not clear on what they are and what they can do,” said Mr Downey, who previously established the UK Biobank, which analysed biological samples from 500,000 people. “We have representatives in maternity waiting suites and gynaecology clinics, conveying the message, imparting that education, as this is a one-time opportunity to collect when the baby is born.”

The procedure is a painless process for both the mother and baby. Once the baby has been delivered, a needle is inserted into a vein within the umbilical cord and 100ml of blood is collected, from which rich stem cells are extracted.

Some biobanks around the world obtain and retain human biological samples, which could be used in future scientific research to tackle disease unforeseen at the time of collection. Stem cells have proven effective in multiple therapeutic treatments, like neuroprotection to prevent or reverse damage to neurons and maintain normal brain function.

Stalled ageing process

They can also delay or suppress natural cell death during the ageing process. It is those properties that have contributed to a booming market in regenerative medicine.

Dr Steven Victor is chairman of Victor Longevity, and has treated thousands of people with stem cells in the US. Since receiving Dubai Health Authority approval to administer therapies in the UAE, he hopes to bring his life-changing treatments to many more.

From the seventh floor of the Clemenceau Medical Centre Hospital in Dubai Healthcare City, he treats joint injuries, dementia and diabetes as well as cosmetic problems such as hair loss and beauty treatments. The former cosmetic dermatologist specialised in liposuction and investigated harvesting stem cells from body fat that would usually be discarded.

Dr Victor set up his own clinic in New York where he treated hundreds of patients, from Hollywood stars to sportsmen and women, and those with medical conditions. Now, with DHA approval, he has started offering stem cell treatments from his own Dubai clinic.

“To run a sterile, clean room in a sophisticated FDA DHA approved facility, it costs a lot of money,” said Dr Victor. “But if you're looking at what we do and the results, it's really inexpensive compared with traditional surgery. Right now we have approval for aesthetics, anti-ageing and longevity, next month we'll hopefully get official approval for orthopaedics.

“We’ve changed people's lives. I can make people look 10 or 20 years younger, and feel 20 years younger. Ageing is inflammation and decreased blood supply, so these cells reduce inflammation. They're 1,000 times stronger than cortisone with no side effects, and increase circulation, so you feel younger.”

To date, more than 60,000 transplants have been performed globally using stem cells from umbilical cord blood. Increasing demand for life-saving treatment using cord blood banking, and in other regenerative procedures is growing.

Dr Victor, who is 74, used stem cells to resolve a significant lower back problem. After the usual cortisone injection treatments failed, he turned to stem cell therapies to regenerate his lower back and is still playing tennis more than a decade later.

“I can make you look younger, I can make you feel younger and I can grow your hair back,” he said. “In the future, I see this being used more widely for things like diabetes and Alzheimer’s disease. These cells in your blood vessels are locked up, but when we take them out, they become activated so they do their magic.

“We know they can heal, but when they finish doing what they're doing, they stop. That's the miracle in life – they stop working and go to sleep again, waiting for another problem.”

Pioneering therapies

CellSave Arabia is another clinic offering pioneering stem cell therapy services in Dubai, which aims to revolutionise treatments for autoimmune disorders, heart disease, neurological ailments and regenerative medicine.

Alia Abdel-Razeq is chief operating officer at CellSave Arabia, and is at the forefront of the stem cell and regenerative medicine revolution in the Middle East. She said costs are likely to continue to come down over time, but that stem cell therapies are currently still an expensive service to deliver.

“Now this is a regulated field we've seen a lot of stem cell laboratories opening in Dubai where previously people would travel to Thailand, Korea or Taiwan for stem cell treatments,” said Ms Abdel-Razeq.

Alia Abdel-Razeq is chief operating officer at CellSave Arabia and is at the forefront of the stem cell and regenerative medicine revolution in the Middle East. Photo: CellSave
Alia Abdel-Razeq is chief operating officer at CellSave Arabia and is at the forefront of the stem cell and regenerative medicine revolution in the Middle East. Photo: CellSave

“It's one of the pillars of regenerative medicine. It doesn't cure all the diseases, but it improves your tissue by slowing down ageing. The mesenchymal stem cells (MSCs) boost your regeneration from the inside out.

“We try to educate pregnant women about the importance of storing stem cells or donating stem cells. It’s a once-in-a-lifetime opportunity as the cells that come from a baby are pure. What’s very expensive is the reagents, and everything we use in the lab, but If demand goes up, the prices will come down.”

The specs

Engine: 1.4-litre 4-cylinder turbo

Power: 180hp at 5,500rpm

Torque: 250Nm at 3,00rpm

Transmission: 5-speed sequential auto

Price: From Dh139,995

On sale: now

The specs

Engine: 3.5-litre twin-turbo V6

Power: 380hp at 5,800rpm

Torque: 530Nm at 1,300-4,500rpm

Transmission: Eight-speed auto

Price: From Dh299,000 ($81,415)

On sale: Now

If you go

Flying

Despite the extreme distance, flying to Fairbanks is relatively simple, requiring just one transfer in Seattle, which can be reached directly from Dubai with Emirates for Dh6,800 return.

 

Touring

Gondwana Ecotours’ seven-day Polar Bear Adventure starts in Fairbanks in central Alaska before visiting Kaktovik and Utqiarvik on the North Slope. Polar bear viewing is highly likely in Kaktovik, with up to five two-hour boat tours included. Prices start from Dh11,500 per person, with all local flights, meals and accommodation included; gondwanaecotours.com 

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Retirement funds heavily invested in equities at a risky time

Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.

Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.

The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.

The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.

Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.

The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.

• Bloomberg

Women’s World T20, Asia Qualifier

UAE results
Beat China by 16 runs
Lost to Thailand by 10 wickets
Beat Nepal by five runs
Beat Hong Kong by eight wickets
Beat Malaysia by 34 runs

Standings (P, W, l, NR, points)

1. Thailand 5 4 0 1 9
2. UAE 5 4 1 0 8
3. Nepal 5 2 1 2 6
4. Hong Kong 5 2 2 1 5
5. Malaysia 5 1 4 0 2
6. China 5 0 5 0 0

Final
Thailand v UAE, Monday, 7am

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Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain

JUDAS AND THE BLACK MESSIAH

Directed by: Shaka King

Starring: Daniel Kaluuya, Lakeith Stanfield, Jesse Plemons

Four stars

Remaining Fixtures

Wednesday: West Indies v Scotland
Thursday: UAE v Zimbabwe
Friday: Afghanistan v Ireland
Sunday: Final

if you go

The flights

Air Astana flies direct from Dubai to Almaty from Dh2,440 per person return, and to Astana (via Almaty) from Dh2,930 return, both including taxes. 

The hotels

Rooms at the Ritz-Carlton Almaty cost from Dh1,944 per night including taxes; and in Astana the new Ritz-Carlton Astana (www.marriott) costs from Dh1,325; alternatively, the new St Regis Astana costs from Dh1,458 per night including taxes. 

When to visit

March-May and September-November

Visas

Citizens of many countries, including the UAE do not need a visa to enter Kazakhstan for up to 30 days. Contact the nearest Kazakhstan embassy or consulate.

The five pillars of Islam

1. Fasting 

2. Prayer 

3. Hajj 

4. Shahada 

5. Zakat 

Long read

Mageed Yahia, director of WFP in UAE: Coronavirus knows no borders, and neither should the response

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Silkhaus%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202021%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Aahan%20Bhojani%20and%20Ashmin%20Varma%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Property%20technology%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%247.75%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Nuwa%20Capital%2C%20VentureSouq%2C%20Nordstar%2C%20Global%20Founders%20Capital%2C%20Yuj%20Ventures%20and%20Whiteboard%20Capital%3C%2Fp%3E%0A
Pharaoh's curse

British aristocrat Lord Carnarvon, who funded the expedition to find the Tutankhamun tomb, died in a Cairo hotel four months after the crypt was opened.
He had been in poor health for many years after a car crash, and a mosquito bite made worse by a shaving cut led to blood poisoning and pneumonia.
Reports at the time said Lord Carnarvon suffered from “pain as the inflammation affected the nasal passages and eyes”.
Decades later, scientists contended he had died of aspergillosis after inhaling spores of the fungus aspergillus in the tomb, which can lie dormant for months. The fact several others who entered were also found dead withiin a short time led to the myth of the curse.

The Bio

Favourite vegetable: “I really like the taste of the beetroot, the potatoes and the eggplant we are producing.”

Holiday destination: “I like Paris very much, it’s a city very close to my heart.”

Book: “Das Kapital, by Karl Marx. I am not a communist, but there are a lot of lessons for the capitalist system, if you let it get out of control, and humanity.”

Musician: “I like very much Fairuz, the Lebanese singer, and the other is Umm Kulthum. Fairuz is for listening to in the morning, Umm Kulthum for the night.”

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

THE 12 BREAKAWAY CLUBS

England

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur

Italy
AC Milan, Inter Milan, Juventus

Spain
Atletico Madrid, Barcelona, Real Madrid

Profile box

Company name: baraka
Started: July 2020
Founders: Feras Jalbout and Kunal Taneja
Based: Dubai and Bahrain
Sector: FinTech
Initial investment: $150,000
Current staff: 12
Stage: Pre-seed capital raising of $1 million
Investors: Class 5 Global, FJ Labs, IMO Ventures, The Community Fund, VentureSouq, Fox Ventures, Dr Abdulla Elyas (private investment)

RACE SCHEDULE

All times UAE ( 4 GMT)

Friday, September 29
First practice: 7am - 8.30am
Second practice: 11am - 12.30pm

Saturday, September 30
Qualifying: 1pm - 2pm

Sunday, October 1
Race: 11am - 1pm

Milestones on the road to union

1970

October 26: Bahrain withdraws from a proposal to create a federation of nine with the seven Trucial States and Qatar. 

December: Ahmed Al Suwaidi visits New York to discuss potential UN membership.

1971

March 1:  Alex Douglas Hume, Conservative foreign secretary confirms that Britain will leave the Gulf and “strongly supports” the creation of a Union of Arab Emirates.

July 12: Historic meeting at which Sheikh Zayed and Sheikh Rashid make a binding agreement to create what will become the UAE.

July 18: It is announced that the UAE will be formed from six emirates, with a proposed constitution signed. RAK is not yet part of the agreement.

August 6:  The fifth anniversary of Sheikh Zayed becoming Ruler of Abu Dhabi, with official celebrations deferred until later in the year.

August 15: Bahrain becomes independent.

September 3: Qatar becomes independent.

November 23-25: Meeting with Sheikh Zayed and Sheikh Rashid and senior British officials to fix December 2 as date of creation of the UAE.

November 29:  At 5.30pm Iranian forces seize the Greater and Lesser Tunbs by force.

November 30: Despite  a power sharing agreement, Tehran takes full control of Abu Musa. 

November 31: UK officials visit all six participating Emirates to formally end the Trucial States treaties

December 2: 11am, Dubai. New Supreme Council formally elects Sheikh Zayed as President. Treaty of Friendship signed with the UK. 11.30am. Flag raising ceremony at Union House and Al Manhal Palace in Abu Dhabi witnessed by Sheikh Khalifa, then Crown Prince of Abu Dhabi.

December 6: Arab League formally admits the UAE. The first British Ambassador presents his credentials to Sheikh Zayed.

December 9: UAE joins the United Nations.

LA LIGA FIXTURES

Friday (UAE kick-off times)

Levante v Real Mallorca (12am)

Leganes v Barcelona (4pm)

Real Betis v Valencia (7pm)

Granada v Atletico Madrid (9.30pm)

Sunday

Real Madrid v Real Sociedad (12am)

Espanyol v Getafe (3pm)

Osasuna v Athletic Bilbao (5pm)

Eibar v Alaves (7pm)

Villarreal v Celta Vigo (9.30pm)

Monday

Real Valladolid v Sevilla (12am)

 

The specs

Engine: 3.8-litre twin-turbo V8

Power: 611bhp

Torque: 620Nm

Transmission: seven-speed automatic

Price: upon application

On sale: now

Updated: March 25, 2025, 1:00 AM