The UAE government is taking further steps to support startups that will help shape the country's future.
The Ministry of Economy has launched the "Future 100" initiative, which will annually highlight the top 100 startups that will promote the UAE’s readiness for the future in various sectors.
It will be rolled out in partnership with the Government Development and the Future Office.
The initiative is part of efforts to enhance the country's position as a hub for innovation; and to create jobs, especially in sectors such as space, renewable energy, fintech, and Artificial Intelligence.
It also highlights the role of the private sector as a pivotal partner in the UAE's development journey, by annually celebrating the top 100 startups that contribute to enhancing the competitiveness of the UAE’s future economy.
The initiative further promotes the UAE’s leading ranking on global competitiveness indicators in the fields of innovation, entrepreneurship, attractiveness for investment, among others.
US-based investment bank Morgan Stanley has acquired regulatory approval to move its regional headquarters to Riyadh as the Kingdom increasingly attracts global companies.
The Environment Agency – Abu Dhabi, (EAD) has announced that Abu Dhabi will be the first in the Middle East and North Africa (MENA) region to implement the Enhanced Transparency Framework (ETF) on a subnational level, following last year’s national level launch by the Ministry of Climate Change and Environment (MOCCAE).
The COP29 Presidency announced on Saturday the end of the decade-long wait for the conclusion of negotiations on high integrity carbon markets under Article 6 of the Paris Agreement.
A US bribery indictment of Indian billionaire Gautam Adani is linked to one contract of Adani Green Energy that makes up some 10 per cent of its business, and no other firms in the conglomerate are accused of wrongdoing, the group's CFO said on Saturday.