Category Archives: Uncategorized

UAE announces completion of legal system for venture capital funds

The government of the UAE has announced the completion of a legal system to supervise venture capital funds, as one of the first projects approved by the Government Accelerators initiative, launched last year by Vice President, Prime Minister and Ruler of Dubai, His Highness Shaikh Mohammed bin Rashid Al Maktoum, in line with the goals of the UAE National Agenda, the Ministry of Economy has announced.

Continue reading UAE announces completion of legal system for venture capital funds

Automakers, suppliers team up to share costs of self-driving cars

Automotive suppliers and automakers are expanding alliances to develop self-driving car technology that can serve multiple automakers, as the race to put such vehicles on the road separates companies that can go it alone from those that need help sharing the financial and technical burdens.

Continue reading Automakers, suppliers team up to share costs of self-driving cars