Author: Arabian Media staff
Dubai-headquartered online incubator and accelerator announced the launch of a new funding round aimed at supporting female entrepreneurs across the UAE on the occasion of Emirati Women’s Day 2024. The initiative is aimed at promoting innovation and entrepreneurship among Emirati women and other female leaders in the region. The funding round is specifically crafted to assist female-led startups in the UAE by helping them overcome financial obstacles and expand their businesses. “We are proud to launch this funding round in honour of Emirati Women’s Day, a day that showcases the remarkable achievements of women in our country,” said Hesham Zreik,…
As tariffs disrupt the supply of cars, “we’re in a situation where dealers, once again, have the leverage,” says one car expert. Source link
Smart Zone, a UAE-based business set up company, said it helped over 1,200 new small and medium sized companies to get registered in the UAE in the first half of 2024. The first half numbers took the total number of startups and new ventures Smart Zone has helped to register to over 30,000 since its inception, the company said in a media release. Smart Zone helps establish new companies in the UAE with residency visas, bank account opening, tax & accounting, and other services. The company said it aims to service over 10,000+ new businesses by the end of 2025.…
“We are making plans to attend just to show support. The invitation states that our presence is a gift in itself.” Source link
Donald Trump’s swaggering tour of the Middle East ended with a sobering dose of domestic reality on Friday as the president headed home to a credit rating downgrade, gloomy data on consumer sentiment and challenges to his flagship tax bill. Over the past two weeks, Trump has seen his approval ratings improve and equity markets bounce back strongly after pausing some of the more aggressive import tariffs he announced in early April. Labour market and inflation data has also been encouraging, defusing fears that a sharp slowdown or even a recession could be imminent. But while the president was aboard…
When financing a home improvement project, you have several options. You might choose a personal loan, a home equity loan, or, if you’re buying a fixer-upper, a specialized loan like an FHA 203k loan, which covers the purchase price and the cost of upgrades. Depending on where you live, your home’s age and value, and often your income, you may be eligible for a zero-interest or subsidized renovation loan. While you may have to repay the amount you borrow, you won’t have to pay interest, saving you thousands of dollars on your project. Moreover, many programs will defer repayment until…
The Abu Dhabi Early Childhood Authority (ECA) announced the 20 selected startups for Cohort 05 of the Anjal Z Techstars founder catalyst programme. The programme is tailored for startups focused on early childhood development, centering on families and children aged 0-8. The programme, in line with ECA’s pillars of health and nutrition, early care and education, child protection and family support, will run from August to November 2024. This year’s cohort includes two distinct startup tracks – Ignite Track, ideal for early-stage founders, and Launch Track for more established founders. The selected Launch Track startups include Cubtale, Raising Superstars, Nao Now, Cali’s…
Rising deficits and budget chaos finally caught up with the U.S. credit rating Friday when Moody’s Investor Service downgraded the government, stripping its last triple-A rating. Source link
Dubai and Abu Dhabi are among the top ten cities in the world for entrepreneurs, according to analysis by financial technology experts SumUp. According to its research, 20 per cent of businesses have considered relocating and the UAE is a hub for business owners, said SumUp, which analysed taxes, quality of life, internet speeds, networking opportunities and more, to uncover the best cities for entrepreneurs in the world. The study revealed that Dubai is the third best city in the world for entrepreneurs to live. Standing out for its significant tax advantages: no capital gains tax and no income tax…
If you’re not ready to dismantle your entire life at home and start anew in another country, there are other options. Source link