The UAE government is taking further steps to support startups that will help shape the country's future.
The Ministry of Economy has launched the "Future 100" initiative, which will annually highlight the top 100 startups that will promote the UAE’s readiness for the future in various sectors.
It will be rolled out in partnership with the Government Development and the Future Office.
The initiative is part of efforts to enhance the country's position as a hub for innovation; and to create jobs, especially in sectors such as space, renewable energy, fintech, and Artificial Intelligence.
It also highlights the role of the private sector as a pivotal partner in the UAE's development journey, by annually celebrating the top 100 startups that contribute to enhancing the competitiveness of the UAE’s future economy.
The initiative further promotes the UAE’s leading ranking on global competitiveness indicators in the fields of innovation, entrepreneurship, attractiveness for investment, among others.
European Union countries will seek to present a united front in the coming days against U.S. President Donald Trump's tariffs, likely approving a first set of targeted countermeasures on up to $28 billion of U.S. imports from dental floss to diamonds.
Jaguar Land Rover will pause shipments of its Britain-made cars to the United States for a month, it said on Saturday, as it considers how to mitigate the cost of President Donald Trump's 25% tariff.
U.S. customs agents began collecting President Donald Trump's unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.
The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.