Author: News Desk
A video of Bollywood actor Shah Rukh Khan lights up Burj Khalifa, the world’s tallest building. The video marked the launch of an integrated brand campaign by Burjeel Holdings. Burjeel Holdings is one of the largest healthcare service providers in the UAE. It owns hospitals and medical centres under the Burjeel, Medeor, LLH, Lifecare and Tajmeel brands. The hospitals are spread across the UAE and Oman. Shah Rukh Khan is the face of the group.
GitHub, an open-source software development platform, announced on Tuesday that it has opened up its developer platform to Indian developers in order to support the country’s startup environment. Up to 20 free seats of GitHub Enterprise, along with help and direction from GitHub technical experts, will be provided to qualified entrepreneurs in India and throughout the world for one year. GitHub, which is owned by Microsoft, has more than 7.2 million developers in India and more than 83 million worldwide. GitHub for Startups, which was introduced earlier this year, has been assisting hundreds of startups—including a few in India—in the…
According to deputy chief minister Manish Sisodia, the Delhi government has urged the Centre that the country’s retail commerce sector be improved by streamlining registration requirements and enacting cutting-edge business practises. Regarding the future national retail trade policy, the government has issued a letter with five recommendations to the Department for Promotion of Industry and Internal Trade (DPIIT) of the central government. The implementation of a single ID system for easier business registration and the creation of a stringent monitoring and evaluation framework in the Central Inspection System (CIS) are two recommendations. The latter aims to reduce inspection duplication. The…
Investment firm ‘Further’ launches $200 Mn startup fund. The fund is for startups in the fintech, supply chain, and digital assets spaces. The Abu Dhabi firm will invest alongside startup founders. It will help entrepreneurs from ‘ideation to exit’. Further is supported by Abu Dhabi’s investment giant ADQ. Further will help with other areas such as legal and regulatory support, too.
RBI’s card-on-file (CoF) tokenisation norms come into effect from October 1. The credit and debit card rules will change with this. The new rules expect to improve the payment experience of cardholders. The shopper will have to enter entire card details when shopping. Once the purchase begins, the merchant will start tokenisation. It will ask for consent to tokenise the card. Once it is approved, the merchant will put a request to the card network. The network will create a token which will act as a proxy card number. RBI says the feature will prevent platforms from storing customer data.…
According to the most recent assessment from renowned brand valuation consultancy Brand Finance, the UAE has the greatest overall brand performance rating with a score of 80.5 out of 100. A scorecard of criteria analysing brand investment, brand perceptions, and brand performance helps the report determine the relative strength of nation brands in addition to brand value. Nation brand value is significantly influenced by nation brand strength in addition to GDP projections. Global brand performance is still below pre-pandemic levels as global relations deteriorate, but the UAE positive stands out as the world’s best performer with a score of 80.5/100.…
IIMK LIVE is now accepting applicants for the LIFE Program (LIVE Innovation Fellowship For Entrepreneurship) The LIFE program’s goal is to encourage entrepreneurship driven by innovation. What LIFE Support will offer is: The laureate of the LIFE award will be qualified for a grant in the form of a monthly stipend with a maximum of Rs. 30,000 and a minimum of Rs. 10,000 for a term of 12 months.The recipient of LIFE receives pre-incubation support, including discounted coworking space, professional services support, and guidance to establish/make the most of their ideas and develop ground-breaking innovations into a commercial endeavour.Access to…
The Uttar Pradesh Cabinet approved the bio-energy strategy in an effort to draw substantial investments and boost the state’s agricultural income.The goal of the policy is to encourage and assist the state’s production of compressed biogas, biocoal, ethanol, and biodiesel. The MSME (small and medium businesses) strategy, which aims to open and support such units in all districts, was also given the green light by the Cabinet. Compressed biogas plants, biodiesel, and biocoal make up the three parts of the policy. To offer manufacturing incentives, the policy will be in place for five years. Production of compressed biogas will get…
Saudi Arabia has signed a deal worth $10.6 billion to develop the infrastructure of 11 cities around the Kingdom. The Ministry of Municipal and Rural Affairs and Housing signed the deal with the National Housing Company on the sidelines of the Exhibition of Projects of Distinguished Cities under the patronage of King Salman. The agreement will cover infrastructure, service delivery, and facilities for a quality life. It includes more than 150,000 housing units for 11 cities in the Kingdom. The units will be of different sizes and designs and will cover an area of more than 90 million square meters.…
The Ministry of Railways has made online registration mandatory for the transportation of goods with the national transporter as part of its efforts to digitise its records. Beginning on November 1, the new rules will be in effect. The move has been made “with the purpose to achieve digitalization, minimise detention to rolling stock, and streamline transactions in freight industry,” according to the announcement released by the ministry on Monday. All indents placed with zonal railways will be subject to the new regulations, with the exception of military traffic, products transported during natural catastrophes, and circumstances determined by authorities to…