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BEYOND Expo 2025 marks 5th anniversary with launch of global expansion platform for Asian tech companies

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As it celebrates its fifth anniversary, BEYOND Expo 2025 has announced a major initiative aimed at increasing the international growth of Asian tech companies. The newly launched BEYOND BGlobal Network is designed to help Asian companies expand internationally by offering year-round support, global market insights, and access to strategic networks.

With many Asian businesses looking beyond domestic markets for long-term growth, the BGlobal Network aims to address the specific challenges of international expansion, such as localisation, cross-border operations, and global brand positioning.

“Globalisation is more than just entering new markets, it’s about creating meaningful, sustainable connections,” said Jason Ho, co-founder of BEYOND Expo. 

“The BGlobal Network connects Asian companies with key local players, resources, and expertise to help them thrive on the world stage.”

A Milestone Launch at BEYOND Expo 2025

The BEYOND BGlobal Network will officially launch during the closing ceremony of BEYOND Expo 2025 on May 24 at the Venetian Macao Cotai Expo. The ceremony will also feature a special edition of Fund at First Pitch, where selected startups will present their global ambitions to a panel of celebrity athletes and investors.

“As we celebrate five years of BEYOND, the BGlobal Network represents a bold next step in empowering regional innovation,” said Dr. Gang Lu, co-founder of BEYOND Expo. 

“This initiative is designed to help high-potential companies navigate their global journeys with confidence.”

Connecting Asian Talent to the World

The BGlobal Network provides member companies with access to a wide network of decision-makers across industries, ranging from global retailers and e-commerce platforms to venture capital firms, financial institutions, and localisation experts. It also opens opportunities for collaboration with global influencers and strategic partners, helping companies boost visibility and build brand equity overseas.

Throughout BEYOND Expo 2025, the initiative will be spotlighted through dedicated sessions such as the BGlobal Summit, the Global Investment Summit, and the BEYOND Wealth Summit. Sector-specific programming will explore topics including AI, HealthTech, FinTech, Robotics, Mobility, ClimateTech, and SportsTech.

Five Years of Cross-Border Impact

Since its launch in 2021, BEYOND Expo has become a leading platform for connecting innovation hubs across Asia with global markets. The 2025 edition is expected to attract over 30,000 attendees from more than 120 countries, with participation from startups, multinational corporations, investors, and media.

“The BGlobal Network reflects our commitment to helping Asia’s most ambitious companies turn possibility into impact,” said Jason Ho.

Looking Ahead

More than just a tech showcase, BEYOND Expo 2025 aims to serve as a launchpad for global success. With the introduction of the BGlobal Network and a strong focus on international collaboration, this year’s event sets the stage for a new era of cross-border innovation.

To learn more about the BEYOND BGlobal Network or register for BEYOND Expo 2025, visit www.beyondexpo.com.

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

Business

UAE denies claims of restrictions on investor funds, reaffirms open economy policy

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The UAE has firmly dismissed reports circulating on social media that suggest restrictions on investor funds, calling the claims inaccurate and misleading.

Officials clarified that there are no limits on the movement of capital or on foreign investors’ ability to manage and transfer their money. Authorities stressed that the country remains committed to maintaining an open, business-friendly environment aligned with international standards.

Commitment to investor confidence

The Ministry of Economy and Tourism reiterated that the UAE continues to support the free flow of capital, a key pillar in attracting global investment and ensuring long-term economic stability.

Officials emphasised that policies remain unchanged, reinforcing the country’s reputation as a reliable and transparent destination for businesses and investors.

Dubai reaffirms its position

In a statement shared on X, the Dubai Media Office also rejected the circulating claims, describing them as false. It highlighted that Dubai continues to stand as a leading global hub for business and investment, supported by a strong and resilient economy.

Call for accurate information

Authorities have urged the public and media outlets to rely on official sources when seeking information, warning against the spread of unverified claims online.

The clarification comes as the UAE contåinues to strengthen its position as a global financial and investment centre, built on openness, stability, and investor confidence.

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Announcements

How UAE’s new banking plan will support businesses and individuals

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The Central Bank of the UAE has rolled out a new financial support package designed to keep banks strong and ensure they continue supporting and safeguarding the broader economy amid global and regional uncertainty.

The package was endorsed during a high-level board meeting chaired by Sheikh Mansour bin Zayed Al Nahyan, underscoring the UAE leadership’s proactive approach to maintaining economic stability.

Built around five key pillars, the initiative is designed to provide banks with greater liquidity, enhanced flexibility, and temporary regulatory relief, ensuring they can continue to support businesses and individuals during uncertain times.

Under the new measures, banks will gain expanded access to liquidity, including the ability to utilise reserve balances and secure term funding in both dirhams and US dollars. This step is expected to keep credit flowing across key sectors of the economy.

The Central Bank has also introduced temporary easing of liquidity and funding requirements, giving financial institutions more room to continue lending. Capital buffer requirements will be relaxed as well, allowing banks to deploy excess capital to support economic activity.

Additionally, new provisions will offer greater flexibility in managing credit risk, including delaying the classification of certain loans affected by current market conditions—providing relief to borrowers facing temporary challenges.

Authorities emphasised that banks are expected to maintain lending and continue supporting customers as part of the UAE’s broader economic response strategy.

Despite global pressures, the UAE’s financial system has shown strong resilience. During its meeting, the Board confirmed that current market conditions have had no significant impact on the health of the banking sector or the efficiency of payment systems.

The Central Bank also highlighted the country’s robust financial position, with foreign exchange reserves exceeding AED 1 trillion and a strong monetary base. The UAE’s banking sector, valued at over AED 5.4 trillion, continues to demonstrate solid fundamentals.

With liquidity levels remaining high and reserves strong, the CBUAE reaffirmed its readiness to take further action if needed to protect financial stability and sustain economic growth.

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Explained: Dubai’s new law on administrative violations, fines and penalties

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Dubai has introduced a new legal framework governing administrative violations, penalties, and enforcement measures across government entities.

Issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Law No. (6) of 2026 aims to make enforcement fairer, more transparent, and consistent across the emirate.

Here’s a simple breakdown of what the law means.

What is the purpose of the law?
The law creates a unified framework for handling administrative violations and penalties across Dubai government entities. It is designed to ensure enforcement actions respect fairness, transparency, accountability, and legality while protecting public services and community interests.

How are violations classified?
Administrative violations must now be clearly defined by the competent authority and are classified into three categories:

  • Minor violations
  • Moderate violations
  • Serious violations

This classification helps authorities apply appropriate penalties based on the severity of the offence.

What penalties can authorities impose?
Government entities may apply several administrative measures depending on the violation, including:

  • Warnings to correct the issue
  • Temporary closure of a business (up to six months)
  • Permanent closure of an establishment
  • Cancellation or modification of licences or permits
  • Suspension of projects, activities, or transactions

How will fairness be ensured?
The law requires penalties to be proportionate to the violation and consider factors such as:

  • Whether the violation was intentional or accidental
  • Repeated violations
  • Damage caused
  • Whether the offender took steps to fix the issue early

What are the procedures before penalties are announced?
Authorities must follow strict procedures before publishing violations:

  • Approval from the Director General of the government entity
  • Coordination with the Government of Dubai Media Office for public announcements

When does the law take effect?
The law comes into force immediately after publication in the Official Gazette. Any conflicting provisions in previous laws will be cancelled.
Officials say the law will help standardise enforcement practices across Dubai, prevent misuse of authority, and increase compliance with regulations, ultimately improving governance and protecting public interests.

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