ABU DHABI: Abu Dhabi will commit up to 1 billion dirhams (US$272 million) to support technology start-ups, it said on Sunday, in a dedicated hub ...
ABU DHABI: Abu Dhabi will commit up to 1 billion dirhams to support technology start-ups, it said on Sunday, in a dedicated hub as part of efforts to diversify its economy.
The emirate launched a 50 billion dirham stimulus fund, Ghadan 21, in September last year to accelerate economic growth. Ghadan means tomorrow in Arabic. The goal is to have 100 companies over the next three to five years, Ajami said."The market opportunities in this region are immense," he added.Mubadala, with assets of US$225 billion and a big investor in tech companies, will act as the driver of the hub, located in the emirate's financial district.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Abu Dhabi aims to lure start-ups with investment in new technology hubAbu Dhabi will commit up to 1 billion dirhams (US$272 million) to support technology start-ups, it said on Sunday, in a dedicated hub as part of ...
Read more »
'Welcome back Team Singapore!': Family, friends celebrate Special Olympics homecomingFriends, family and fans showed up at Changi Airport to welcome home Team Singapore athletes from the Special Olympic World Games in Abu Dhabi.
Read more »
Special Olympics: Focus on ability, not sympathy, say Team Singapore's coaches and officialsABU DHABI: In the United Arab Emirates, those with special needs are known as people of 'determination'. And at the Special Olympics World ...
Read more »
From tears to joy: Team Singapore win first bocce gold at Special OlympicsABU DHABI: She was in tears less than 24 hours before, but the sadness turned to joy for Soh Li Ning on Monday (Mar 18) as she won Singapore's ...
Read more »
Special Olympics: In Singapore's successful athletics contingent, coaches are learning a thing or twoABU DHABI: “Be a Marvel fan of Robert Downey Jr,” reads 16-year-old Maveric Lee’s Instagram bio. While his hero Downey Jr has 28.8 million ...
Read more »
'The heart of a lion': Singapore youngster claws back from injury to win Special Olympics goldABU DHABI: A day before his Special Olympics debut, an injury denied 14-year-old Jacob Wong the opportunity to take to the track. 'We were having ...
Read more »
Malaysia detains 13 suspected militants, including 6 involved in Marawi siegeKUALA LUMPUR - Thirteen suspected militants, including six pro-Abu Sayyaf Group (ASG) members allegedly involved in the deadly Marawi siege in southern Philippines, have been detained by Malaysian authorities.. Read more at straitstimes.com.
Read more »
13 terror suspects nabbed in Malaysia, some involved in Marawi siegeKUALA LUMPUR Thirteen suspected militants, including six linked to the Abu Sayyaf Group (ASG) allegedly involved in the Marawi siege in the Philippines in 2017, have been detained by Malaysian authorities. The Inspector-General of Police (IGP) Mohamad Fuzi Harun said the...
Read more »
Post-Islamic State, north Iraq's minority mosaic blown apart by traumaFor decades, his land was his life. Now, like other Sunni Arab farmers in Iraq's diverse north, Mahdi Abu Enad is cut off from his fields, fearing ...
Read more »
Abu Dhabi aims to lure start-ups with investment in new technology hubAbu Dhabi will commit up to 1 billion dirhams (US$272 million) to support technology start-ups, it said on Sunday, in a dedicated hub as part of ...
Read more »