Chinese technology giant Huawei, which is focusing on optimising its portfolio to boost business resilience, will invest $1 billion in smart car technologies in 2021, the media reported. The new investment that the company is making this year will focus on building components for smart vehicles, including software platforms for self-driving cars, CGTN reported on […]
President Joe Biden told companies vying with each other for a sharply constrained global supply of semiconductors that he has bipartisan support for government funding to address a shortage that has idled automakers worldwide. During a White House meeting with more than a dozen chief executive officers on Monday, Biden read from a letter from […]
The pandemic has accelerated the rise of the digital economy and will continue to do so, say start-up ecosystem leaders from across the UAE, yet there remains opportunity for regional entrepreneurs in traditional economic sectors as the world works to build out the new normal. Despite the wide-scale disruption resulting from Covid-19 and a drop […]
Sohar Port and Freezone seeks to fully digitise, automate and centralise its finance, supply chain and HCM departments. By Adelle Geronimo; 11 Apr …
The semi-finals of the Vodafone FreeZone Championship League are over. FastPay Wildcats and 1907 Fenerbahçe Espor had their names written in …
Abu Dhabi: Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Infrastructure, has revealed a comprehensive development roadmap for the sectors supervised by the ministry, which includes the energy, housing, transportation, and infrastructure. Al Mazrouei said that the ministry has designed clear work directions that guarantee the country’s global leadership – espically in […]
Find out about the changes in business ownership laws The UAE has introduced several new legislations to attract foreign investment and fuel entrepreneurship and the most notable is 100 per cent ownership by foreign nationals of companies licensed and registered in the UAE. The government has created a “Positive List” of business activities where foreign […]
Dubai: The Emirate of Dubai will be second in the world after the US to operate autonomous cruise vehicles, it was announced on Monday. According to Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, 25 per cent of the total transportation in Dubai […]
Hazza Al Mansouri, Sultan Al Neyadi explain their preparations and what it takes to be on a space odyssey for a longer duration