Dr Ajai Chowdhry, HCL Founder and Chairman-Start-up Committee, FICCI yesterday announced the launch of India-UAE VC Fund of USD 150 million from the India Pavilion at EXPO2020 Dubai. The VC Fund is a first of its kind to be set up in the UAE with a purpose to source, invest, and nurture promising start-ups through
At the Crown Prince’s invitation, for the first time in history, the President of the State of Israel will conduct a presidential visit to the United Arab Emirates. During the visit, on 30-31 January, 2022, President Isaac Herzog will meet the ruler of the United Arab Emirates, Crown Prince Sheikh Mohammed bin Zayed Al Nahyan
ADNOC maintained in 2022 its position as the UAE’s most valuable brand for the fourth consecutive year, according to a new report from Brand Finance, the world’s leading independent brand valuation consultancy. ADNOC’s US$12.76 billion (AED47 billion) brand value witnessed a 19 percent increase over the previous year and a 174 percent increase since 2017,
The UAE Government has launched the United Nations (UN) platform, “Big Data for Sustainable Development”, as part of an initiative aimed at meeting the needs of the Middle East and North African (MENA) region. The UAE is one of four countries selected as a regional headquarters for the platform. The announcement was made during the
Marjan, RAK Hospitality Holding and Wynn Resorts, Limited, the US-listed international developer and operator of luxury resorts, have announced a multi-billion-dollar integrated resort development on the man-made Al Marjan Island in Ras Al Khaimah, United Arab Emirates. The spectacular Al Marjan Island, already a leading tourism destination, is only 15 minutes from the Ras Al
As the world enters Web 3.0, the emerging metaverse is going to challenge the way businesses currently operate and it is time for brands to reimagine their marketing strategies. Brands are increasingly recognizing the importance of having a virtual presence in the metaverse, where their customers can interact with their products in a more immersive
The Federal Tax Authority (“FTA”) has called on tax registrants to benefit from the Cabinet Decision to extend the grace period to benefit from the re-determination of administrative penalties on violating tax laws until December 31, 2022, which would make the amount of the total unpaid penalties due until June 28, 2021 equal to 30%of
