Business News

After the success of the event recently held at InterContinental, Dubai Festival City on Artificial Intelligence and Block Chain in UAE, conferences are starting to recommence amidst COVID19. We, at Oryx World Business Centre, are excited with the development that the government of Dubai are continuously implementing to combat COVID19. With strict regulations and social distancing, events and activities in Dubai and the whole of the United Arab Emirates are starting to recommence like the way it was before. Some of the conferences to look forward to are: 31 May to 2 June 2021  INDEX is the region’s largest interior design fair, linking architects, interior designers, retailers, hoteliers, and buyers. With over 1,100 leading suppliers and brands from around the world, international and local exhibitors from the US, Turkey, Germany, Morocco, Pakistan, India, and more are expected to attend the exhibition [...]

Great to be back attending conferences and exhibitions in Dubai today and catching up with some old faces (new ones too). A super exciting time for UAE with Artificial Intelligence and Block Chain on every ones mind. AIBC UAE started today (25th to 26th May, 2021) in the emirate of Dubai. The event is being held at the InterContinental, Dubai Festival City and has brought together key brands and individuals from the converging sectors of AI, blockchain, IoT, Quantum Tech to discuss and shape the future of emerging tech. It is one of the leading events globally for blockchain, AI, crypto, and other emerging technologies, and gathers together an elite selection of delegates, policymakers and thought leaders from across the globe. Such international support and interest has helped propel AIBC Summit become a favourite on the world circuit for emerging tech [...]

The Cabinet of the United Arab Emirates (UAE) has now decided to give 100% Foreign Ownership for 122 economic activities in 13 sectors. The 13 sectors play a key role in the UAE economy. The decision is aimed at boosting growth and investment of the economy. The UAE last year approved a Foreign Investment Law that would allow foreigners to own more than 49% of the Foreign Ownership Law announced in November 2018. It is among a series of economic reforms of far-reaching impact initiated by the UAE in the recent past to give a much-needed push to the Foreign Direct Investments. Initially, 100% Foreign Ownership of business was possible only in the designated business park known as free zones. It indicates a measure to liberalize and strengthen the investment environment and will be a critical step in the development of [...]