Author: News Desk
According to a number of international organizations, the UAE is the best country in the world for attracting top talent and having few labour problems. In a recent achievement that highlights its innovative global model for development, the UAE topped various worldwide labour market indices published by organizations and institutions. According to the UK’s Legatum Institute’s Global Prosperity Index 2023, the UAE placed #1 globally in the Talent Attractiveness Index. The International Institute for Management Development (IMD) of Switzerland’s World Competitiveness Yearbook 2022 ranked the UAE first globally across a number of metrics. These indicators include the absence of labour disputes, the affordability of workers’ severance pay, and the…
Indian Government launches 3rd Semicon India Future Design roadshow at IIT Delhi Shri Rajeev Chandrasekhar, Union Minister of State for Electronics and Information Technology, today kicked off the third Semicon India Future Design roadshow at IIT Delhi with the goal of fostering innovation, facilitating investment, and igniting the Start-up ecosystem in the semiconductor design and manufacturing sector. The Minister gave a speech at the event and stated, “The main goal of this project is to attract investments from all over the world and support the creation of a thriving semiconductor design and manufacturing ecosystem. In order to realize the goals of AtmaNirbhar Bharat, PM…
Elon Musk Appoints Linda Yaccarino as Twitter’s First Female CEO It is a fact. Linda Yaccarino has officially been named as the new CEO of Twitter by Elon Musk. Musk added that while Yaccarino would concentrate on business operations, he would concentrate more on product design and emerging technologies. According to a recent statement by Musk, Yaccarino will officially take over as CEO of Twitter in six weeks. On Friday night, Musk tweeted the name of the new CEO. “I’m pleased to welcome Linda Yaccarino to twitter as its new CEO! I concentrate on product design and emerging technologies, whereas…
MoS Jitendra Singh Urges Youth to Seize Startup Opportunities India’s Minister of State (MoS) for Personnel, Jitendra Singh, has urged the country’s youth to seize the opportunities in the start-up sector instead of seeking government jobs. He said that the start-up sector offers a plethora of opportunities, and the youth should take advantage of them. In a recent media interaction, Singh stated that the start-up sector is one of the most vibrant sectors in the country and offers tremendous scope for young entrepreneurs to generate employment. He added that the government has taken several initiatives to encourage start-ups and entrepreneurship…
Experience High-Quality Camera and Drone Capabilities with Vivo’s Latest Phone. Vivo drone flying camera phone: If you want to experience a drone in your phone, a fantastic smartphone is available for you to cause a commotion in the market because everyone is searching for a good camera and wants to get such a phone. Vivo’s amazing flying drone is poised to cause panic in the mobile market. If you were considering purchasing a similar smartphone, then you should be aware of the capabilities of this Vivo drone-flying mobile, about which you will find detailed information below. In terms of the mobile device’s display, the manufacturer…
Experience Tailored Business Solutions with Umm Al Quwain Freezone The UAE has long been a haven for entrepreneurs. This city inspires us to grow and expand our businesses. But is launching a business in the UAE really that easy? Who would assist you if you were planning to invest? Basically, when a person decides to join a firm, they need to have a clear vision and a fundamental grasp of what they want to do with the company. They should also express this to the person or consultant they are meeting with. Entrepreneurs are invited to Umm Al Quwain, a…
ADNOC partners with Masdar, Emerge to install solar panels in Stations. Solar panels will be installed atop the service stations owned by UAE petroleum company ADNOC. As part of its efforts to produce and promote renewable energy, ADNOC will install solar panels on the rooftops of gas stations. Beginning in Dubai in 2023, ADNOC Distribution will collaborate with Masdar and the EDF venture Emerge to develop on-site solar electricity throughout its network of service stations. Including financing, design, procurement, construction, operations, and maintenance for the solar panel installation at new service stations in Dubai while retrofitting old ones, Emerge will offer ADNOC Distribution a complete solution. Solar panels…
Reliance Retail Ventures acquires METRO India in multi-crore deal Delhi, German retailer METRO AG on Thursday announced the completion of the sale of its Indian cash & Carry business to Reliance Retail Ventures Ltd (RRVL), which holds the retail empire of Reliance Industries Ltd. The deal includes all 31 wholesale stores operated by METRO Cash & Carry India and the entire real estate portfolio (6 store-occupied properties) to RRVL, said Metro AG in a statement. “METRO India will complement Reliance Retail’s retail network in the future,” it said. In accordance with the agreement, “all METRO India stores will continue to operate under the METRO brand during an agreed-upon transition period.” However, it also…
MG Motor India Plans Stake Divestment and Expansion with Electric Vehicles. A majority of MG Motor India’s operations in the nation are going to be sold. According to a report in Autocar Professional, it is having conversations with potential Indian partners to that purpose. Shanghai Automotive, the biggest automobile manufacturer in China, is the owner of the British-made MG Motor India. In 2023, the details of the divestment’s final announcement will be made public. In addition, the article stated that MG Motor India is thinking about putting its company on Indian stock exchanges. Plan 3.0 by MG The Business sale is in line with MG’s 3.0 strategy for the nation, which is set…
Drug Discovery with Generative AI: The Insilico Approach With the application of generative AI, the company is now poised for a revolution in drug discovery that will not only speed up the development of cancer medications but also result in significant financial savings. According to Alex Aliper, co-founder and president of Insilico Medicine, “the entire [drug discovery] process is extremely inefficient, slow, and expensive so it takes over 10 years to develop a drug.” Alex Aliper spoke exclusively with Arabian Business. Currently, bringing a medicine to market takes between 10 and 12 years and costs close to $2 billion. This is a significant problem…