Dubai real estate news, Mohamed Alabbar’s funding pledge, GEMS unveils $100m school and more top news stories
Dubai startups
Latest in Dubai startups
Abu Dhabi
Like ‘London 20 years ago’: Why global entrepreneurs are betting big on Dubai, everything you need to know
The city has several initiatives and support entities to aid the growth and development of startups in Dubai
Abu Dhabi Securities Exchange
Dubai real estate supply; Emirates named ‘World’s Best Airline’; $100m startup boost; Best Arab universities; Saudi expat job skill tests – 10 things you missed this week
Dubai real estate supply, ‘World’s Best Airline’, $100m startup boost, Saudi expat job skills and more of the top news stories this week
DIFC
Dubai to give 100,000 startups a $100m boost with Ignyte digital platform: Sheikh Hamdan
Dubai digital platform Ignyte will deliver $100m of perks to startups and entrepreneurs
abu dhabi start-ups
UAE is GCC startup hub 5,600 new firms registered in Q2;Abu Dhabi, Dubai and Sharjah woo entrepreneurs
UAE startup ecosystem is thriving as new companies attracted by investment environment and flexible legislation
Dubai startups
Expand North Star 2024 in Dubai attracts 65 unicorns with $400bn valuation
Dubai startup event attracts unicorn companies with combined valuation of more than $400bn
Dubai startups
in5 Dubai startup funding passes $2.1bn
Dubai startup incubator in5 has seen massive funding for businesses in the technology, media, design, and science sectors
Digital Dubai
Dubai attracts 101 digital startups as city becomes hub for tech companies
Dubai Chamber of Digital Economy attracts digital startups as tech sector contributes to economy
Abu Dhabi
Dubai skyrocketing real estate rents could strain startup sector growth: Experts
The rising rental costs may also force many businesses to look at options of moving out of the city to emirates such as Abu Dhabi or even opting to move away from the UAE and Middle East entirely
AI software
World Entrepreneurs’ Day: How to create a winning business idea
Is forming a great idea a eureka moment or a strategic process?
digital economy
Dubai start-ups raised $2bn last year, digital economy targets $140bn as sector faces massive growth
Dubai start-ups raised $2bn in funding last year, according to a report by the Chamber of Digital Economy
digital economy
Dubai announces launch of unified initiative to support tech startups
The announcement is a “call for action,” says UAE Minister of AI as the city plans to empower tech startups and double their GDP contribution to 10% by 2030
digital payments
Dubai startup trials ‘payment keyboard’ that allows invoicing via WhatsApp, Messenger
The Dubai startup, which is backed by American accelerator Y Combinator, hopes to assist small business owners in the UAE “who run the entirety of operations themselves.”
Abdullah bin Touq Al Marri
Startups, SMEs to receive support in exporting products through UAE ministry’s new initiative
Companies registered to the ScaleUp Export programme get access to special shipping prices, a range of experts and mentors, as well as technical workshops and legal consultations
attract investors
How will the UAE’s new venture capital fund help overcome obstacles in the nation’s startup sector?
While the $100 million fund announced by Sheikh Hamdan bin Mohammed is a prime example of the drive to be at the forefront of a digital future, it is also crucial for startups in the fintech space where areas of success may be uncertain, experts said
business opportunities
Golden Visa rules have changed the UAE’s talent supply and demand equation
Ayman Kattan, the chief people officer at Bayzat, shares how the new long-term visa and UAE entry permit rules create opportunities for the agile, but pose a threat for firms that don’t invest in talent development
Allsopp & Allsopp
Explainer: A step-by-step look into how you can lease your first office in Dubai
If you’re in the throws of setting up a new company, you’ll be aware that an office is an essential part of the process and needed in order to get a trade license. Take a look at how you can systematically approach this process.