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Mid East Info
26-05-2025
- Business
- Mid East Info
Eureka! GCC 4th Edition Announces Competition Lineup: 30 Semi-Finalists to Shape the Future of Entrepreneurship
Eureka! GCC 4th Edition Announces Competition Lineup: 30 Semi-Finalists to Shape the Future of Entrepreneurship 300+ startup registrations lead to selection of Top 30 semi-finalists in 4th edition of Eureka! GCC • Finalists to compete for prizes worth $100,000 at Grand Finale, 28-29 May 2025, Al Habtoor City Hotel Collection, Dubai 26th May 2025, Dubai (UAE) – Eureka! GCC , Asia's leading business model competition, returns to Dubai this year with a bigger platform and broader ambitions to champion the Gulf's most promising startup ventures. Now in its 4th edition, Eureka! GCC is being held under the patronage and in the presence of H.E. Sheikh Nahyan bin Mabarak Al Nahyan, Minister of Tolerance & Coexistence, and with the attendance of H.E. Sunjay Sudhir, Ambassador of India to the UAE, further underscoring the platform's regional and diplomatic significance. Since its inaugural edition, Eureka! GCC has evolved steadily into a transformative force for early-stage businesses, fostering entrepreneurial growth and community-driven innovation across the region. The competition has drawn over 300 registrations from across the GCC and beyond, reflecting the region's rising entrepreneurial momentum. After a rigorous evaluation process, the Eureka! GCC team has shortlisted the Top 30 semi-finalists, spanning sectors from health-tech and fintech to sustainability, AI, and education technology. Standout ventures include Nema AI, developing AI-driven healthcare diagnostics; Payvista, offering next-generation fintech solutions for underserved markets; and Instawrap Technical Services, creating sustainable alternatives to traditional packaging. Participants this year represent a truly global mix, with startups from the GCC; UAE, KSA, Oman and from international markets such as India, Jordan, Turkey, the UK, and Pakistan. The semi-finalists receive an intensive Entrepreneurship Program, featuring hands-on workshops, speaker sessions led by industry leaders, and one-on-one mentorship. They also benefit from tailored guidance to sharpen their strategies and pitches ahead of the final stages. At the Elevator Pitch round in Dubai, the 30 semi-finalists present their ideas live before an audience of mentors and investors. The Top 10 finalists advance to the final phase of the competition, pitching their refined business models to a distinguished panel of jury members. The Grand Winners, including First Place, Second Place, and the Startup Nominee Award, will be announced during the Grand Finale's Gala Dinner, with a total prize pool of USD 100,000. Among the notable speakers engaged in this year's program are Trey Goede, GCC Start Up Investor/Mentor; Deepak Ahuja, CEO & Co-founder of iACCEL GBI; and Rajesh Garg, CFO of Landmark Group — all offering invaluable insights on scaling startups, fundraising strategies, and navigating the Gulf's evolving business landscape. GII's associate partners for Eureka! GCC – iACCEL GBI, Crowe UAE, Headstart, Its Her Way, Encubay, LaunchShe, Startup Middle East, Diwan Hub, Bits Pilani and Ecobee – have also been instrumental in providing mentorship, training, and investment opportunities that are shaping the region's next generation of entrepreneurs. Commenting on the 4th edition, Pankaj Gupta, Co-Founder and Co-CEO of GII and Co-Founder of Eureka! GCC, said: 'At GII, we believe that entrepreneurship is the driving force shaping the Gulf's economic and social future. Each year, we are humbled by the boldness, ingenuity, and resilience we see among our young entrepreneurs. Their ventures are solutions to real-world challenges and catalysts for lasting impact. We are proud to stand behind this movement, alongside the visionary support of Dubai's leadership and our partners across the region.' As Eureka! GCC 4th edition moves toward its grand finale, the spotlight remains firmly on the ideas and individuals reshaping the Arabian Gulf's entrepreneurial future. With an expanded focus on emerging sectors and deeper mentorship engagement, this year's competition is building a dynamic, innovation-driven ecosystem across the region, encouraged by Dubai's benevolent business-led environment. -end- About Eureka! GCC Eureka! was founded by the Entrepreneurship Cell of the Indian Institute of Technology (IIT) Bombay, a leading worldwide technology body, and powered by GII, a leading UAE-based Shari'ah-compliant global alternative investment company with over US$3.5 billion of assets under management. Eureka! GCC aims to enable a low-risk environment to boost entrepreneurship, bridging the gap between ideas and enterprise to facilitate a seamless transition between the two. About GII GII is a leading Shari'ah-compliant global alternative investment company. With over $3.5 billion of assets under management, GII seeks to achieve superior, sustainable returns and long-term value for its investors and shareholders by investing in curated growth and income-generating opportunities. GII believes in 'innovation with a purpose' and works to build the sustainability of the ecosystem in which it operates. Under the leadership of a committed management team, supported by prominent shareholders from the Arabian Gulf region, GII deploys private capital across diverse alternative asset classes, including real estate, private equity, and venture capital. GII's client network includes UHNWIs, family offices, banks, institutions, and sovereign wealth funds in the GCC and Asia. GII is headquartered in the United Arab Emirates. Its UAE entities are regulated by the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) and the Financial Services Regulatory Authority (FSRA). -end-
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Sharjah 24
22-04-2025
- Business
- Sharjah 24
Nahyan bin Mubarak inaugurates 2025 IOD Global Convention in UAE
Global participation and dignitaries The convention welcomed senior officials, business leaders, policymakers, and academics from around the world. Prominent attendees included Lt. Gen. Mohammed Ahmed Al Marri, Maj. Gen. Suhail Al Khaili, Indian Ambassador Sunjay Sudhir, and Abdulla Ahmed Al Saleh. Keynote address by Sheikh Nahyan In his address, Sheikh Nahyan praised the IOD–India for fostering strong UAE–India ties. He stressed ethical leadership and outlined four key traits: understanding organizational culture, embracing change, acting responsibly, and maintaining a global perspective. Honouring public sector excellence During the ceremony, Sheikh Nahyan presented the IOD Distinguished Fellowship 2025 to Mohammed Al Marri and Abdulla Al Saleh in recognition of their governance and leadership contributions. Convention focus and theme The four-day convention, jointly organized by IOD India and Tristar Group UAE, gathers over 500 senior executives to discuss key topics such as ESG, artificial intelligence, climate action, stakeholder capitalism, and resilience strategies. Its central theme is 'Boards in a Rapidly Changing World.' Featured sessions and speakers Opening session speakers included Surinder Nath (President, IOD India), Nehal Vora (CEO, Central Depository Services), Campbell Wilson (CEO, Air India), Eugene Mayne (CEO, Tristar Group), and Sunjay Sudhir (Indian Ambassador to the UAE). Key highlights The agenda also features the UAE–India Investment and Cooperation Forum at the Indian Consulate in Dubai, and the Golden Peacock Awards 2025, which honour leadership, innovation, and sustainability. Shared commitment to growth and ethics The convention reflects a mutual commitment by governments and enterprises to ethical leadership, inclusive growth, and sustainable development, reinforcing UAE–India cooperation in the evolving global landscape.
Gulf Today
27-03-2025
- Business
- Gulf Today
Dubai and India to strengthen bilateral economic cooperation
Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, discussed strategies to enhance trade and investment relations between Dubai and India during a meeting with Sunjay Sudhir, Ambassador of the Republic of India to the United Arab Emirates. The meeting was held at Dubai Chambers' headquarters in the presence of Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Both parties reaffirmed the significance of the strong economic ties between Dubai and India and the importance of expanding bilateral cooperation in trade and investments. Eng. Sultan Bin Saeed Al Mansoori, Chairman of Dubai Chambers, commented: 'We are dedicated to strengthening cooperation with countries worldwide to drive sustainable economic development and promote mutual growth. Indian companies rank first in terms of the number of foreign businesses operating in Dubai and play a vital role in the growth of all business sectors, reflecting the ongoing momentum in Dubai-India relations.' He added: 'Dubai Chambers remains committed to supporting the Indian business community in continuing its expansion across diverse sectors and leveraging Dubai as a launchpad to enter promising global markets. We encourage businesses in Dubai to develop strategic partnerships with their Indian counterparts. The Indian Business Council, which operates under the umbrella of Dubai Chamber of Commerce, plays a key role in strengthening bilateral trade relations.' Al Mansoori emphasised the importance of strengthening cooperation with India in the information technology field and leveraging shared expertise to advance digital and technological solutions in the logistics and aviation sectors. The two sides discussed the World Logistics Passport initiative launched by the Emirate of Dubai, which aims to expand trade opportunities, facilitate the flow of global trade, reduce costs, and shorten logistics service timelines, while also opening new avenues for its members to access global market opportunities. The meeting also explored the promising growth opportunities for Indian entrepreneurs in Dubai, particularly in leveraging the emirate as a gateway for expansion into global markets. The discussion highlighted the advantages of Dubai International Chamber's extensive network of 33 representative offices around the world, which support Indian businesses in expanding into regional and international markets and enhance Dubai's position as a leading global trade and investment hub. These include the chamber's representative office in Mumbai, which plays a crucial role in attracting Indian investments and assisting Dubai-based companies with their expansion and growth in India. The meeting underlined Dubai's status as a preferred trade and investment destination for Indian businesses and entrepreneurs. Indian companies accounted for highest number of new Dubai Chamber of Commerce memberships during 2024, with 16,623 new companies joining the chamber. Dubai Chambers is a non-profit public entity that supports Dubai's vision as a global player by empowering businesses, delivering innovative value-added services, and unlocking access to influential networks.
Zawya
18-02-2025
- Business
- Zawya
The Kalyani Group unveils, first of its kind, the revolutionary MArG 155mm/45 Cal mounted gun system on 4 X4 HMV
Abu Dhabi, UAE - Kalyani Strategic Systems Limited, a wholly-owned defence subsidiary of Bharat Forge, proudly unveiled the MArG 45, mobile gun system mounted on a 4x4 all-terrain platform, at IDEX Abu Dhabi 2025. The prestigious launch was officiated by H.E. Shri Sunjay Sudhir, Ambassador of India to the UAE, reinforcing India's commitment to advancing global defense technology. MArG 45 exemplifies Kalyani Group's ingenuity in challenging conventions, integrating firepower, range, and mobility into a single, ground-breaking platform. Designed for rapid deployment and superior manoeuvrability, it is a 'go-anywhere' gun with unparalleled shoot-and-scoot capabilities. Mr. Baba Kalyani, Chairman & MD, Bharat Forge Ltd., commented on this milestone: "This Mounted Gun Platform represents a significant leap in defense technology, showcasing our commitment to innovation and excellence. It is a testament to our capability to develop 'Designed and Made in India' most advanced artillery defence platforms.' The unveiling of MArG 45 marks a significant milestone in mobile artillery, reinforcing Kalyani Group's commitment to self-reliance and cutting-edge defense innovation. This breakthrough system is set to redefine modern battlefield capabilities with its exceptional agility, firepower, and rapid deployment efficiency. MArG 45 offers unmatched firepower, capable of firing beyond 36 km using conventional ammunition. Built for superior mobility, its tailor-made chassis, developed in-house, ensures maximum agility in diverse combat environments. The system is compatible with NATO-standard and in-service ammunition, enhancing its versatility. Weighing 23.5 tons, it carries 18 rounds with Zone 6 onboard, enabling sustained operations. Designed for rapid deployment, it boasts a coming into action time of just 1.5 minutes during the day and 2 minutes at night. With an elevation range of -2° to +72° and a traverse of 25° left and right, it delivers exceptional battlefield adaptability. The gun features an intense rate of fire of 10 rounds in 3 minutes and a sustained rate of 42 rounds in 60 minutes, ensuring continuous firepower during combat. -Ends- About Kalyani Strategic Systems Limited KSSL KSSL is a wholly owned subsidiary of Bharat Forge Limited), a pioneer in the Indian defense industry with a strong research-and-development focus, has developed a number of indigenous weapon platforms, off-road protected mobility solutions and high-technology military products. It is already exporting its in-house designed and developed artillery systems, munitions, and mobility solutions globally. About Bharat Forge Bharat Forge Limited (BFL) BFL is a Pune-based Indian multinational, is a technology driven global leader in providing high performance, innovative safety critical components and solutions for several sectors including automotive, power, oil and gas, construction & mining, rail, marine, defense and aerospace. BFL has global manufacturing footprint with presence across five countries, with the largest repository of metallurgical knowledge and offers full service supply capability to its geographically dispersed marquee customers from concept to product design, engineering, manufacturing, testing and validation. To learn more, visit For media queries, contact: Akshara Suresh akshara@ Watermelon Communications
Zawya
28-01-2025
- Business
- Zawya
IBPC kicks off UAE's Year of Community with special event
Dubai, United Arab Emirates: On January 26th, 2025, the Indian Business and Professional Council (IBPC) hosted a vibrant Republic Day celebration at the Taj Business Bay in Dubai, marking a significant milestone in India's journey toward becoming a 'Viksit Bharat' by 2047. The event honoured India's remarkable growth while highlighting its aspirations to be the 3rd largest economy in the world and emerge as a global leader in technology, innovation, and sustainability. The evolving India-UAE relationship was a central theme, with speakers emphasizing the strategic, multifaceted partnership between the two nations, spanning commerce, culture, and technology. IBPC representatives, including Chairman Siddharth Balachandran celebrated India's transformation, underscoring the crucial role of the Indian diaspora in achieving the 'Viksit Bharat' vision. The gathering focused on collaboration in key areas such as innovation, sustainability, digital transformation, and economic growth, stressing how the diaspora is bridging gaps, promoting green business practices, and driving investments across myriad sectors. A special emphasis was placed on the potential of CEPA, the growth of cross-border transactions in India Rupee, and the expanding influence of UPI, highlighting their transformative impact on global trade and financial connectivity. Throughout the evening, the IBPC's role as a catalyst for growth and change was emphasized, with a focus on strengthening partnerships between India and the global business community. Discussions highlighted India's ongoing efforts in renewable energy and digital inclusion, to name a few. Vice Chairman Sunil Sinha's initiative to present botanical plants as gifts to honour speakers was well received, highlighting IBPC's strong commitment to sustainability. Prominent dignitaries graced the event, including Sunjay Sudhir, Indian Ambassador to the UAE; Satish Sivan, Consul General of India to Dubai; Tariq Alhashimi, Investment Manager, Asia Region, Dubai Chambers of Commerce; and notable figures from the Indian community. The audience also included female celebrities such as Indian boxing champion Payal Sharma and Sima Taparia, the star of Netflix's hit series Indian Matchmaking. His Excellency Sunjay Sudhir delivered a powerful message, celebrating India's legacy of excellence and growth. He showcased a visual presentation highlighting the strength of the India-UAE relationship, which has flourished in recent years. "On this day in 1950, India adopted its Constitution, beginning a journey rooted in our values and aspirations. Today, India stands as an oasis of peace, stability, and progress. The UAE, home to the largest Indian diaspora, continues to be a close partner, bound by a spirit of brotherhood. Our cooperation, showcased at the G20 and COP28, along with initiatives like Bharat Mart and the Virtual Trade launch, reflects a generational bond," he said. Another highlight of the evening was a 30-minute Bollywood cultural program, presented by Malhaar, one of the UAE's leading cultural groups. The performance celebrated India's diversity through music, adding a special touch to the event. 'As India looks to the next chapter of its growth, the Indian diaspora in the UAE remains a key partner, contributing to our country's economic, social, and technological development. We thank all attendees for their participation and look forward to further collaboration,' said Dr. Sahitya K. Chaturvedi, IBPC Secretary General as the special evening came to an end. Ms Jayshree Gupta, representing the IBPC Board of Governors gave the vote of thanks. About IBPC IBPC Dubai is the largest association of Indian businessmen and professionals established under the aegis of Dubai Chambers. Today, India is amongst the top 2 trading partners for UAE and conversely, for India, UAE is amongst its top 3 trading partners. Both countries have an ambition to grow this bilateral trade to $100 billion by 2025. IBPC Dubai plays the important role of a trusted facilitator in India-UAE bilateral trade and economic relationship. It acts as the catalyst for UAE nationals to understand how to expand in India and for Indian businesses to establish a footprint in UAE. IBPC Dubai strives to do so through its vast network of businessmen and professionals in both regions and also through strong relationships with governments and key industry bodies of both countries.
