100% ownership rules to lure investors: Muhammad Adil Mirza

The 100 per cent foreign ownership rule in the UAE would further boost the country’s appeal as an attractive destination for foreign investors, entrepreneurs and talents. It will further strengthen the country’s position as an international economic centre and encourage the flow of investments to the country’s vital economic sectors. This was stated by Muhammad Adil Mirza, CEO of Dubai-based Phoenix Group of Companies during an event in Dubai. Muhammad Adil Mirza mentioned that the changes are part of a series of measures introduced to make the UAE a more investment-friendly destination, which have also included the offer of 10-year … Continue reading 100% ownership rules to lure investors: Muhammad Adil Mirza

New Cybereason Ransomware Study Reveals True Cost to UAE Businesses

Cybereason, the leader in future-ready attack protection, today released research findings from a global ransomware study of nearly 1,300 security professionals. In the United Arab Emirates (UAE), 37 percent of surveyed companies reported that they had bit hit by a ransomware attack in the last 24 months. A staggering 84 percent of these companies (24 percent higher than the global average) chose to pay the ransom but what is interesting is that of those, 90 percent suffered a second ransomware attack, often at the hands of the same threat actor group. The research also divulged that of the organizations who … Continue reading New Cybereason Ransomware Study Reveals True Cost to UAE Businesses

WORLD PEACE BEGINS IN AFRICA

Dateline Sweden July 1, 2021 World Peace Tracts has begun formulating the Pan African Peace Accords, which builds a multinational cross border pathway for peace that includes all of the stakeholders. Africa must work together to solve problems, grow economically and become prosperous for all its citizens. World Peace Tracts has started the process by creating the Pan African Peace Accords, which will help bring about a political and economic cooperation solution for peace and capital acquisition opportunities for families across Africa. Africa has been torn apart by war and poverty. In the past 50 years, Africa has seen more … Continue reading WORLD PEACE BEGINS IN AFRICA

In 2050, Michelin tires will be 100% sustainable

Inspired by the VISION concept tire introduced in 2017, an airless, connected, rechargeable and entirely sustainable solution, the Michelin Group is committed to making its tires 100% sustainable by 2050. Today, nearly 30%* of the components used in the manufacture of tires produced by the Michelin Group are already made from natural, recycled or otherwise sustainable raw materials. A Michelin tire is a high-tech product comprising more than 200 ingredients. The main one is natural rubber, but the many ingredients also include synthetic rubber, metal, fibers and components that strengthen a tire’s structure, like carbon black, silica and plasticizers (resins, … Continue reading In 2050, Michelin tires will be 100% sustainable