Saudi FM calls Indian, Pakistani counterparts to discuss developments    Al Hilal thrash Gwangju to reach AFC Champions League Elite semi-finals    Saudi Arabia cracks down on fraudulent Hajj campaigns, urges pilgrims to use official channels    Nammos Amala Resort to open soon with Saudi-Greek designs    Saudi Arabia completes 674 Vision 2030 initiatives, achieves 93% of KPIs as ninth-year milestone marked    Literature Commission inaugurates Saudi Pavilion at Muscat Book Fair    Saudi Minister of Culture holds talks with his Costa Rican counterpart in Jeddah    Alkhorayef praises advancements in Al-Kharj food industries sector    MHRSD: 80% of recruitment offices are non-compliant with regulations    At least 50 Palestinians killed in Israeli strikes across Gaza    Teenage girl killed in French school stabbing attack    Trump claims meeting with China after Beijing denies any trade negotiations    GACA chief chairs 16th meeting of the Steering Committee on aviation's strategy    Saudi Theater Commission launches its Work and Learn Project in UK    The season has begun — and one comment shook us all    Jennifer Lopez dazzles in Jeddah with a Formula 1 performance    Saudi Arabia open to expanded 64-team World Cup in 2034, says sports minister    Average life expectancy in Saudi Arabia rises to78.8 years    Film Commission launches 'Cinema' initiative to enhance content    Famed Philippine film star Nora Aunor dies at 71    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Indian scale-ups eye partnerships with UAE entities
Published in The Saudi Gazette on 30 - 09 - 2020

Dubai Chamber of Commerce and Industry has announced the successful conclusion of the first-ever Dubai Tech Tour, a virtual trade mission joined by 15 Indian scale-ups specializing in fintech and healthtech, as several delegates are now one step closer to securing business partnerships in the Dubai market.
Organized by Dubai Startup Hub and Dubai Chamber's representative office in Mumbai in partnership with Startup India and Mumbai Fintech Hub, the Dubai Tech Tour familiarized participating scale-ups with Dubai's economy, business environment and competitive advantages.
During the three-week mission, the scale-ups took part in more than 160 meetings with public and private sector stakeholders from the UAE, while they also pitched their businesses to prospective investors and business partners.
A total of 7 virtual events were organized as part of the Dubai Tech Tour, which were attended by over 600 participants, including 30 UAE entities.
Six high-potential scale-ups were selected to participate in the third cohort of Market Access, a Dubai Startup Hub program that fosters business partnerships between corporates and startups.
The Indian scale-ups were shortlisted from a pool of 200 candidates who applied to take part in the trade mission. During the mission, the delegates connected with relevant UAE stakeholders, including investors, corporates, and peer scale-ups, pitch their businesses and participate in business matchmaking sessions organized by Dubai Chamber.
Omar Khan, director of international offices at Dubai Chamber, said the Dubai Tech Tour is a prime example of how Dubai Chamber's international offices are attracting promising global startups to Dubai that offer cutting-edge solutions that support the emirate's innovation strategy.
He noted that the virtual trade mission created new channels of collaboration between business communities in Dubai and India, adding that there is tremendous potential for bilateral business partnerships in the fast-growing fintech and health-tech sectors.
For her part, Natalia Sycheva, manager of entrepreneurship at Dubai Chamber said the Dubai Tech Tour achieved its objectives as it provided an ideal platform for Indian scale-ups to explore business prospects in the UAE and make meaningful connections with government entities and businesses investing in fintech and health-tech.
The benefits for the participants scale-ups are far reaching, she said, as participants are able to take advantage of the various programs, initiatives, support and resources offered by Dubai Startup Hub.
The Dubai Tech Tour is a continuation of the combined efforts of Dubai Chamber's Mumbai office's and Dubai Startup Hub to attract Indian scale-ups and startups that can support Dubai's vision to become a global innovation hub and knowledge-based economy.
These efforts began last year when Dubai Startup Hub organized a roadshow to New Delhi and Bangalore in cooperation with Dubai Technology Entrepreneur Campus (Dtec), the largest hub of its kind in the region and wholly owned by Dubai Silicon Oasis Authority (DSOA), where two Indian startups were selected as part of a competition and awarded office space at Dtec.
Established by Dubai Chamber in 2016, Dubai Startup Hub is the first initiative of its kind in the Middle East and North Africa region. The hub has been designed to emphasis the value of public and private sector collaboration and embodies the aim of encouraging innovation and entrepreneurship as a main driver of the economy of Dubai and the UAE. — SG


Clic here to read the story from its source.