Browsing: UAE

• UAE Minister of Tolerance and Coexistence H.E. Sheikh Nahyan bin Mubarak Al Nahyan cites the nation’s unique standing in fostering tolerance and coexistence globally.
• UAE is one of the most religiously, politically, and socially diverse countries in the world making it ideal to invest in. 
• The UAE has always provided a tolerant and safe society with quality education, enabling families to live peacefully and work together without fear of violence. 

The 12th edition of the Annual Investment Meeting (AIM) featured a highly impactful session on tolerance and coexistence. The highlight was the signing of MoUs between six nations and the UAE to promote the values of tolerance and coexistence. 

H.E. Sheikh Nahyan bin Mubarak Al Nahyan, the UAE Minister of Tolerance and Coexistence highlighted the country’s unique standing globally in creating a society of tolerance and coexistence.

Socially diverse country in the world

H.E. Sheikh Nahyan bin Mubarak Al Nahyan …

• The Annual Investment Meeting and Emirates Angel Investors Association agree to turn UAE into a thriving base for startups.
• The collaboration is expected to create a positive impact on the United Arab Emirates’ startup ecosystem. 
• The partnership will link startups with a wide network of investors, as well as the necessary resources and mentorship.

The Annual Investment Meeting (AIM) and Emirates Angel Investors Association (EAIA) have joined forces to strengthen their efforts towards promoting startups. The collaboration between AIM and EAIA is expected to create a positive impact on the United Arab Emirates’ startup ecosystem. The UAE has been a fertile base for establishment and growth of startups. 

The partnership will provide startups with access to a wide network of investors. Benefitting entrepreneurs will also access necessary resources and mentorship to help them grow and succeed.

Commenting on the partnership, Director General of AIM Walid A. Farghal said, “The purpose …

• Unicorns can play a huge role in promoting urban connectivity and creating jobs.
• The Arab-China conclave served as a platform to discuss the global economic outlook and sustainable development.
• Conclave is an opportunity to forge new connections, and open up fresh investment opportunities.

The 12th edition of the Annual Investment Meeting (AIM) hosted Top 50 Unicorns from China. The forum brought together investors, startups, and innovators from the United Arab Emirates (UAE) and China.

It marked an opening ceremony for ‘Arab China Unicorn Investment Conclave’ by HE Dr. Thani bin Ahmed Al Zeyoudi, the UAE Minister of State for Foreign Trade. It also saw the esteemed presence of Dr. Wissam Fattouh, Secretary General Union of Arab Banks and Mariam Gao, General Secretary of Arab China Unicorn Investment Conclave.

HE Dr. Thani bin Ahmed Al Zeyoudi said the “conclave gathers startups and unicorn companies that represent the future of …

• Middle East Energy has announced plans to host Africa Energy Expo in February 2024, with Rwanda chosen as the Inaugural host. 
• Scheduled for February 2024, the African Energy Expo is a first-of-its-kind trade show, and an extension of Middle East Energy’s 48-year legacy, aimed at promoting sustainable, innovative energy sources and driving the African energy transition.
• The event will be a unique platform for energy leaders to debate and shape the future of the African energy landscape.

Middle East Energy has announced plans to host Africa Energy Expo in February 2024, with Rwanda chosen as the Inaugural host.

The announcement was made at the 2023 Middle East Energy Exhibition and Conference in Dubai.

Scheduled for February 2024, the African Energy Expo is a first-of-its-kind trade show, and an extension of Middle East Energy’s 48-year legacy, aimed at promoting sustainable, innovative energy sources and driving the African energy transition.

The new …

The Annual Investment Meeting (AIM) will be holding its 12th Congress in Abu Dhabi during May 8-10, 2023. This is in response to the rapidly shifting global climate. This year’s conference theme is “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity, and Prosperity.” The conference is being sponsored by the Ministry of Industry and Advanced Technology of the Government of the United Arab Emirates.

The global economic order is changing toward emerging countries, people, and economies that have the potential for enormous growth. AIM 2023 will serve as a launching pad for African nations during this time.

Since its inception, the Annual Investment Meeting has established itself as a leading investment platform in the Middle East. Its mission is to ignite positive transformation by creating investment opportunities, upholding solidarity and developing economic relations among nations, and addressing the global challenges that will profoundly impact economic …

While ties with Zanzibar and mainland Tanzania are growing with the recent signing of agreements to end double taxation, among other deals, authorities in the United Arab Emirates (UAE) recently announced a Dubai visa ban on 20 African countries.

They include Uganda, Rwanda, Ghana, Sierra Leone, Sudan, Cameroon, Nigeria, Liberia, Burundi, Republic of Guinea, Gambia, Togo, Democratic Republic of Congo, Senegal, Benin, Ivory Coast, Congo, Burkina Faso, Guinea Bissau, Comoros and the Dominican Republic.

“Any applications from the above-mentioned countries will be sent back or cancelled,” the UAE authorities warned trade partner authorities along with travel agents, urging them to reject all related applications.

The reason given for the ban is increased visa term violations by persons from the said countries. The UAE authorities explained that persons from these countries are using 30-day visas to Dubai to stay and work in the country illegally.…

• The trio bought bitcoins worth KSh5 billion (US$43 million) in the UAE, the United States and several other European countries, including at Kenya’s crypto exchange platform, BitPesa
• The three Nigerians were linked to Ksh25.6 billion (US$220 million) moved into Kenya between October and November 2020
• The Nigerians involved in the scandal are Mr Olubunmi Akinyemiju, Mr Eghosasere Nehikhare and Mr Olufemi Olukunmi Demuren
• From the US-based exchange Binance, the three bought cryptocurrencies worth $36,353,728 (Sh4.2 billion). They also went ahead to buy bitcoins worth $7,246,582 (Sh839.5 million) from Busha

On April 27, 2022, a report of a multi-billion dollar money-laundering syndicate surfaced from the asset recovery agency drawn from the financial crime and investigation unit, involving top companies and directors from both Nigeria and Kenya.
The culprits are said to have used bitcoin to secrete their transactions. According to a statement filed by European investigators, the Nigerians involved in the …

• The United Arab Emirates (UAE) has announced interest in investing in the Democratic Republic of Congo (DRC)’s solar energy sector
• The MoU was signed between DRC’s state electricity company Société Nationale d’Électricité (SNEL) and AMEA Power
• World Bank data indicates that DRC has a population of 84 million people, but only 19 to 20 per cent of the population have access to electricity

The United Arabs Emirates (UAE) has announced interest in investing in the Democratic Republic of Congo (DRC)’s solar energy sector.

The countries, through two companies, entered into a Memorandum of Understanding (MoU) to pave way for the production of 30 megawatts in DRC.

The MoU was signed between DRC’s state electricity company Société Nationale d’Électricité (SNEL) and AMEA Power.

SNEL Director-General Jean-Bosco Kayombo Kayan said the deal would see millions of people get connected to the national power grid.

According to the DG, UAE plans on exploring …

His vision for the Private Office of Sheikh Ahmed Bin Faisal Al Qassimi is to be one of the best royal offices in the Middle East and he is dedicated to continuing to be the driving force behind the private office.  

To bring this vision to life, His Excellency Tomasz Zaleski adds that one of his passions is to continue to build a network of quality individuals who are inspired by his vision because it personally holds meaning to them.  

“I am honoured to be connected to various administrators ranging from politicians, humanitarians and Sheikhs who are generous, and each contributes to the world in a positive and expansive manner,” he says. 

His Excellency Tomasz Zaleski adds that developing opportunities for several other ambitious entrepreneurs and companies in the UAE is one of his biggest passions. He says that this is why he believes that “the ability to create is …

AIM 2022 comprises a broad array of features and activities that give real value to all participants and stakeholders of the conference, including AIM Pre-conference Workshop & Seminar, AIM 2022 Conference, AIM 2022 Exhibition, AIM 2022 Innovation Showcase, Startup Hackathon,  Startup Live Pitching Sessions, Site Visits, B2B, G2B, & G2G Meetings, Exclusive Breakfast, High-level Networking Lunch, Gala Dinner, AIM Global 2022 Investment Awards, AIM 2022 Startup Pitch Competition, and AIM 2022 Future City Awards, among other features.

With the Annual Investment Meeting’s 6 Pillars providing value to all the event’s participants, therefore, attending AIM is imperative for all stakeholders of the global investment landscape.  

The details and topics of the meeting are available on the AIM website and for participation or questions regarding AIM, you can contact Angie Marhan.…