Dubai FDI meets with visiting Egyptian delegates from General Authority for Investment and Free Zones to promote expertise and knowledge sharing
Dubai SME, the agency of the Department in Dubai mandated to develop the small and medium enterprise (SME) sector, and The University of Manchester-Middle East Centre (the University) in Dubai have signed a Memorandum of Understanding (MOU) as a framework for a ‘Strategic Talent Partnership’ to help promote innovation and leadership among entrepreneurs and across the SME sector in Dubai. The agreement will create professional development and career opportunities for the University’s community of current part-time Masters students and alumni in the region, and Dubai SME’s staff and members. The partnership will also create privileged access to both organisations’ services and mutually beneficial networking opportunities.
In recent years, Dubai has been ascending the city innovation index, and it has now reached 14th place. This is largely due to this city’s improvement in its private sector skills, and in its scores for talent. For example, as a whole, innovation in the private sector in Dubai has improved 3%. The city innovation index, which is produced with the help of PwC ( PricewaterhouseCoopers) placed Dubai over cities such as Berlin, Madrid, and Shanghai. Nevertheless, there is still work to do if it wants to ascend even further and beat cities such as New York and London to the very top spots.
A heady mix of ignorance and ambition
- AED175 million expansion to make ASSENT one of the largest steel companies in the region
- The new expansion makes Shafar one of the largest steel companies in the region, spread over an area of 2.4 million square feet.
Al Shafar Steel Engineering LLC (ASSENT), a leading company in the field of structural steel design and manufacturing and a member of the UAE-based Al Shafar Group of Companies, has announced the expansion of its facilities located at Dubai Industrial Park. The expansion, which will result in one of the largest steel manufacturing companies in the region, is geared to grow the company’s operational footprint in the UAE and the wider GCC region.