Author: Suhail Hasan
Suhail Hasan
Suhail Hasan is a British businessman and entrepreneur who is the COO of Fame and guest author of Dubai News.
A new forecast from Henley & Partners warns that the number of centi-millionaires—those with investable assets of $100m plus—will soar in Gulf cities such as Dubai, Abu Dhabi and Riyadh. These are now the favorite cities for the ultra-wealthy as these places encourage investor migration and have open business standards. Launcher: the increase to centi-millionaires in these cities by 150% by 2040 will overshadow growth in many early-stage markets. To be specific, there are 29,350 centi-millionaires all over the world with the United States and China being the leaders. However, Gulf cities are among the emerging front runners in this…
UAE Cabinet headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum announced appointment of Mouza Mohammed Al Suwaidi as Secretary-General of the Gender Balance Council of the UAE. This appointment comes at the wake of the UAE seeking to improve the status of women in positional authority and decision-making roles, thereby increasing the country’s competitiveness on the international market. The Head of UAE Gender Balance Council, Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum said that she has been receiving full backing from top leadership in the rights and growth of women. She said that Al Suwaidi’s…
The United Arab Emirates (UAE) seeks to unify the regulation of the nation by allowing VASPs licensed in Dubai to operate across the country More than fifty firms have been licensed by the Dubai Integrated Information Portal, which will enable them to offer their services throughout the United Arab Emirates. This will help ease the process of establishment of crypto businesses from Dubai to the rest of the emirates thus strengthening the unity in the cryptocurrency market across UAE. The programme entails a coordination between the Dubai Virtual Asset Regulatory Authority (VARA), and the United Arab Emirates Financial Services Authority…
A free zone in the UAE for the digital commerce, Dubai CommerCity has declared a massive partnership with the e-commerce giant eBay. This new agreement of cooperation was outlined in the Memorandum of Understanding (MoU) signed on the 11 th of September 2024 and will seek to foster cooperation in an attempt to internationalize Dubai CommerCity based firms. It was signed by Abdulrahman Shaheen, the Executive Vice President of Operations at Dubai CommerCity and Ashish Chhabra, the Vice President and General Manager of Global Verticals at eBay at the Dubai CommerCity headquarters as a part of the signing ceremony of…
We are currently living in Dubai and there are many of us who want to learn more about cryptocurrency. Regardless one’s level of interest being a mere spectator or a novice investor this is perhaps the right time to venture into this emerging financial development. Here, we’ve created a short how-to guide that will get you started on your journey to becoming a crypto trader. 1. Begin with Bitcoin To get started the most advisable approach is the procurement of Bitcoin which is the oldest and most popular of the new age commodities. Bitcoin has produced an incredible performance providing…
A recent poll has shed light on a key area of concern to many families in the UAE – the costs of child’s tertiary education. In the survey by YouGov and for the sponsor Zurich International Life, prospective parents are likely to spend between 250,000-600000 AED ($68,000-$163,000) for their children on university education. Still, 29% of parents did not start saving, which points to another significant weakness which may negatively affect further education of children. Awareness of high cost of tuition fees in the UAE higher education institutions was established from the survey with 63% of respondents confirming on the…
The American University of Sharjah (AUS) has extended the ABET accreditation for seven undergraduate programmes offered by the College of Engineering (CEN) up to the date 30 th September 2030 marking the CEN programs as among the best internationally in terms of quality and excellence. These are chemical engineering, civil engineering, computer engineering, electrical engineering, Industrial engineering, Mechanical engineering and computer science all of which are accredited. ABET bench-marked as a non-profit organization for accreditation of college and university programs in applied science, computing, engineering, and technology is emerging as a symbol of quality education in engineering across the world.…
Currently, freelance work in the UAE has become even more popular due to the changes in legislation, development of new technologies and changes in the culture of work after Covid. The health care industry rates the need for professionals in areas such as software development, cyber security, artificial intelligence and data analysis. However, financial issues remain an issue for freelancers in this line of work cutting across the different fields. Ever since the UAE started to offer flexible and affordable license solutions, co-founder of Outsized, a talent on-demand platform and Azeem Zainulbhai has stated that the freelancer registration has risen…
GEMS Education has appointed Amanda Spielman the former Chief Inspector of Ofsted as the Chair of the newly formed Academic council. New to the council, Spielman will supervise the formats’ adherence that the GEMS schools employ in curriculum, assessment, technology, inclusion and student welfare. Spielman, who has been in charge of Ofsted since 2017 and will serve until 2023, said she was looking forward to the opportunity to work at GEMS, which is expanding in a country that is experiencing rapid growth, which has a highly developed private education system. She stressed that being part of GEMS, this company has…
Today the UAE Airlines industry remains vibrant as more of the country’s airlines reach to new destinations taking the total number of destinations covered to 606. This growth is due to the increase in the desire of people to travel again and that UAE has positioned itself to be a world’s best destination for both leisure and business travel. The General Civil Aviation Authority (GCAA) expects the passenger traffic in the UAE will touch 140 million and hence the growth and competitiveness of the airline in the country continues unabated. Public information indicates that now UAE national carriers connect to…