Tag: government support

Virgin Mobile UAE Launches Electric Motorcycle Initiative for Delivery Riders
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Virgin Mobile UAE Launches Electric Motorcycle Initiative for Delivery Riders

In a groundbreaking move for the delivery services sector, Virgin Mobile UAE has announced the launch of electric motorcycles specifically for its delivery riders. This initiative, developed in partnership with Axiom Telecom, aims to provide an eco-friendly alternative that reduces emissions and aligns with Dubai’s sustainable development goals, as part of the UAE’s Green Agenda...

Abu Dhabi's AI University Introduces First Undergraduate Program
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Abu Dhabi’s AI University Introduces First Undergraduate Program

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) has launched its first undergraduate program, aimed at training the next generation of local talent in artificial intelligence. This initiative is part of the university’s commitment to fostering homegrown skills in a rapidly evolving technological landscape. The new undergraduate program is designed to offer students a comprehensive...

Ministry of Economy Teams Up with Schneider Electric to Boost Climate-Tech Start-Ups in the UAE
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Ministry of Economy Teams Up with Schneider Electric to Boost Climate-Tech Start-Ups in the UAE

The Ministry of Economy in the UAE has announced a partnership with Schneider Electric to enhance its NextGen FDI programme. This collaboration aims to scale climate-tech start-ups within the country, reflecting a commitment to fostering innovation in sustainable technologies. The partnership is expected to leverage Schneider Electric’s expertise in energy management and automation, enabling local...

UAE Strengthens Support for Startups and Entrepreneurship
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UAE Strengthens Support for Startups and Entrepreneurship

The UAE is enhancing its support for startups and entrepreneurship by implementing flexible government policies, advanced legislation, and establishing world-class infrastructure. This makes the country one of the most attractive destinations for investors and entrepreneurs worldwide. Central to the UAE’s economic vision is a focus on diversification, sustainability, and innovation. This approach fosters a competitive...

UAE Grants 16,500 Golden Visas to Outstanding Students and Specialists
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UAE Grants 16 500 Golden Visas to Outstanding Students and Specialists

In a significant development for the UAE’s education sector, the Federal Authority for Identity and Citizenship, Customs, and Port Security (ICP) announced that a total of 16 456 Golden Visas have been granted. This initiative is aimed at supporting exceptional students, educational specialists, and outstanding university graduates from both local and international institutions. Among the...

GEMS Education to Invest $300 Million for Growth in Dubai
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GEMS Education to Invest $300 Million for Growth in Dubai

Dubai-based GEMS Education has announced plans to invest approximately $300 million over the next two to three years to foster organic growth. CEO Dino Varkey shared this information, highlighting the company’s strategy to capitalize on increasing population numbers and an influx of affluent individuals to the region. Dubai is recognized as one of the fastest-growing...

Qatar's Tax Authority Introduces 100 Percent Financial Penalty Exemption Initiative to Boost Businesses
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Qatar’s Tax Authority Introduces 100 Percent Financial Penalty Exemption Initiative to Boost Businesses

Qatar’s General Tax Authority has announced the launch of a 100 percent financial penalty exemption initiative aimed at supporting business growth and enhancing national economic policies. This initiative will be effective from March 1, 2025, and will last for six months, adhering to the relevant rules and regulations. Khalifa bin Jassim Al Jaham Al Kuwari,...

Dubai Customs Introduces AI-Powered 'Al Munasiq' Platform
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Dubai Customs Introduces AI-Powered ‘Al Munasiq’ Platform

Dubai Customs has released a new platform called “Al Munasiq“. This platform uses artificial intelligence (AI) to make its services more efficient. This project fits with Dubai’s plan to speed up the use of AI in many areas. This plan was started by His Highness Sheikh Mohammed bin Rashid Al Maktoum, who is also the...

Dubai Introduces Golden Visa Scheme for Yacht Owners
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Dubai Introduces Golden Visa Scheme for Yacht Owners

Dubai has announced a new Golden Visa Scheme specifically for yacht owners, allowing them long-term residency in the emirate. This initiative follows a similar scheme launched recently in Abu Dhabi, aimed at attracting high-net-worth individuals to the region. The announcement was made by the General Director of Residence and Foreigners Affairs. Further details of the...