AURAK Starts Up

April 23, 2019 UAE Business 0

The American University of Ras Al Khaimah (AURAK), in cooperation with Khalifa Fund and Google, organized the RAK 19 Startup Weekend to facilitate future entrepreneurs in developing projects into market ready products. Read more

Dubai FDI boosts economic & investment ties with India

January 8, 2019 UAE Business 0
  • Investment flows from India to Dubai reach AED 6.12 billion in three years with a total of 109 projects
  • 2018 FDI capital inflows to Dubai touch AED 3.71bn in a total of 31 projects
  • India is Dubai’s 2nd largest investor in FDI capital and 4th largest in FDI projects during first nine months of 2018
  • Visit to Bengaluru & Chennai explores new partnership opportunities in Expo 2020, global trade, startups & real estate

Dubai’s leading business entities in trade and investment, real estate and startup development comprising more than 80 companies visited India recently as part of a delegation led by Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED) and organized by key partner Musthafa & Almana. The delegation held seminars and meetings in Bengaluru and Chennai, in line with Dubai FDI’s investment promotion mission aimed at strengthening economic and investment collaboration with strategic cities around the world. Read more

Dubai FDI showcases Dubai’s strategic advantages in Spain

Dubai FDI showcases Dubai’s strategic advantages in Spain

December 17, 2018 UAE Business 0
  • Investments in Dubai predicted to reach up to USD 800 million in 2018
  • Spanish investors show strong interest in the construction, technology and equipment sectors in Dubai
  • Previous investments focused on tourism reached USD 500 million this year

 In a bid to further boost Dubai’s strong investment and trade relations with Spain, the Dubai Investment Development Agency (Dubai FDI), the investment development agency of Dubai Economy (DED), recently held a strategic meeting with major industries and key investors at the Circulo Ecuestre in Barcelona, Spain in collaboration with Senda International Company. The meeting formed part of Dubai FDI’s efforts to showcase Dubai’s competitive edge to attract international investors and boost the emirate’s socio-economic development. Read more

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UAE: High Risk or Low Risk in Investing in Cryptocurrency

October 30, 2017 Joshua Amponsem 0

The future of cryptocurrencies have been an interesting discussion in a recent couple of years as technological advancement keeps growing and investments keep rising in Bitcoins – which currently holds 40 percent of the cryptocurrency market. However, there is a high risk in any luxurious business and the risk in trading with cryptocurrencies is beginning to unfold. This year, Bitcoin rose to a $5,000 at some point while gradually running down to $3,000. In UAE, cryptocurrency investors are under threat as the central bank is underway to impede the use of cryptocurrencies as it is noticed as an easy way to engage in money laundering, fraud, and funding terrorist activities. Read more

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The Wealthy Philanthropist Dr Alvaro Sobrinho Sees Clean Energy As the Key to Africa’s Economic Growth

April 13, 2017 UAE Business 0

Dr Álvaro Sobrinho is a successful Angolan banker and philanthropist who has made it a personal mission of sorts to see to it that Africa’s strongest economies become even stronger still. To be specific, Dr Álvaro Sobrinho focuses on investing in scientific initiatives, technology, and higher education. Read more