3RD Abu Dhabu Innovation Challenge
Abu Dhabi FinTech

ADGM launches 3rd Abu Dhabi Innovation Initiative to challenge Fintech talents across the world

Abu Dhabi Global Market, ADGM, finally announced the launch of a new initiative, ‘FinTech 50’, and the much anticipated third ‘Innovation Challenge’, as part of the FinTech Abu Dhabi Festival 2019. The Abu Dhabi Innovation Challenge poses a set of FinTech problem statements based from various challenges that financial institutions, corporates, and consumers face in […]

Etihad Rail Stage 2 will start soon
Abu Dhabi Lifestyle UAE

Etihad Rail approves stage 2 plan of expansion to Dubai and other emirates

Etihad Rail approves Stage Two plan to connect all emirates with a 1,200km network worth Dh4.4 billion yesterday. The plan was approved by the member of the Abu Dhabi Executive Council and Chairman of Etihad Rail, Sheikh Theyab bin Mohamed bin Zayed Al Nahyan. The operator and developer of the UAE rail network launched Package B and C […]

MENA Fintech Association plans expansion
FinTech UAE

MENA Fintech Association plans expansion in the MENA region after major success with ADGM launch

MENA Fintech Association is planning on expanding its operations with dedicated government lobby teams and a global talent exchange program. The Chairman and Founding Board Member of Mena Fintech Association, Nameer Khan, told The National, “We are focusing on what elements make up a complete Fintech ecosystem in the region, and what makes that conducive […]

#youthforgood
Lifestyle Technology UAE

Twitter CEO launches #YouthForGood initiative to promote the positive impact of the use of online platforms to the UAE youth

Twitter has launched a philanthropic initiative in the UAE on Monday led by its chief executive, Jack Dorsey during his first visit to the country. The initiative, #YouthForGood was created with the support of the UAE’s Youth Hub and the Minister of State for Youth Affairs, Shamma Al Mazrui, aims to support humanitarian and social […]

UAE cloud business will increase by 2022
Business Investing Technology UAE

UAE cloud business is expected to gain AED 20 billion increase by 2022

Organizations are starting to invest in hybrid cloud environments as revenue from cloud business in the UAE is expected to increase by AED 20 billion by the year 2022, industry experts announced on Monday. The country’s public cloud spend is seen to multiply to more than AED 1.2 billion by 2022; creating 55,000 job opportunities. […]

Business Company formation & Licensing Company Formation in Dubai UAE

The UAE Economic Substance Regulations have just been released!

These Regulations, that were imminent from some time, define Relevant Entities as those carrying out specific activities, and the requirements that these entities need to comply with in order to demonstrate economic substance. This is required for entities that wish to claim relief under Double Taxation Avoidance Treaties, or DTAAs. Watch the video to know […]

UAE continues to attract more FDIs
Investing UAE

UAE maintains its position as top FDI recipient in the Arab region

The latest World Investment Report ranks UAE 27th globally, receiving $30.4 billion in foreign direct investment (FDI) from 2016 to 2018. Its overall volume of foreign investments is more than AED135 billion. The report, released by the United Nations Conference on Trade and Development,shows UAE rises three places from its 2017 classification, ranked 27th globally […]

JLT residents to avail of an exclusive DMCC offer
Business Company formation & Licensing Company Formation in Dubai UAE

DMCC makes business set-up more simple and affordable with exclusive discount offers for JLT residents

The world’s leading free zone for commodities trade and enterprise, DMCC has given an exclusive offer on setting up a company for residents in the Jumeirah Lakes Towers (JLT) community. Starting June, JLT residents qualify for a 40 percent reduced rate when registering a new company, said a statement from the organisation. DMCC’s chief operating officer, […]