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A Dubai institute teaching next-level entrepreneurship to business scions

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Those wanting a traditional global MBA programs to support their family business growth or boost entrepreneurial aspirations rather than be directed towards the job market now have an option thanks to a brand new institute in Dubai.

Midas and CS Institute of Management is all set to offer a first of its kind curriculum titled ‘Entrepreneurship and Enterprise Management’ catering to this specific niche. Crafted for the scions of business families, this new program will offer the knowledge, skills, and exposure to take family businesses to their next level or launch independent ventures on a global stage. Brainchild of Chandrasekhar Singh and Pooja Shah, the co-founders of this institute, this course has accomplished business coaches, global faculty from leading business schools and cutting-edge topics imparting knowledge and expertise on how to take one’s business global.

This is designed for individuals between the ages of 21 to 30 who hail from business family backgrounds. To be eligible, applicants must have completed at least a recognized bachelor’s course. Students will get almost 350 hours of classroom coaching besides a significant amount of experiential learning and onsite trainings. Upon completion of the program they will be awarded a certificate from the institute that is duly recognized by Dubai Government’s Educational Quality Assurance and Regulator – Knowledge & Human Development Authority (KHDA).

Singh feels that the program will be particularly beneficial for Indian business families looking to bring in a global perspective in their home-grown businesses through their next-gen successors. In fact both of them have a ‘first-movers advantage’ in this unique mix of education and entrepreneurship.

Before helming this institute, Pooja successfully ran the Midas Institute of Entrepreneurship in Pune, India for the last 10 years creating and enabling 250+ successful new-age entrepreneurs. Her prior involvement as the Dean of Student Affairs in her family founded Flame University also adds to her experience and acumen. Armed with an M.Sc. degree in Entrepreneurship, Innovation, and Management from the Nottingham University Business School in UK, Pooja feels that many promoters are actually facing this genuine problem. “Either their children are not interested in the business or are not experienced enough to take it forward. We want to tackle this issue with the best possible approach as every family business must take its step ahead with a new generation taking over and I can understand that deeply being from a family business background myself where I started my association in any and all my father’s business ventures from a very young age,” she says.

Chandrasekhar on his part has a seasoned corporate, entrepreneurship, and higher education background. He worked in leadership positions for global banking majors such as Standard Chartered and Citibank. He was a prominent Director for Corporate Relations at SP Jain School of Global Management and a Co-Founder of Sunmaya Fashion – an upcoming ladieswear brand in Dubai. He says, “We understand that every entrepreneur’s journey is unique. That’s why we want to offer programs tailored to suit their needs. Our aim is to offer a global platform for aspiring entrepreneurs and successors of business families. The institute’s positioning and approach will help them propel their business forward.”

Pooja being an acclaimed Transformation and Impact Coach also stressed on the importance of developing the right mindset for the students. She said, “We will be definitely be teaching them the new forms of learning along-with data science, Artificial Intelligence and Design Thinking but our main focus is towards building ‘the right mindset of an entrepreneur’. Bring a critical thinker who is creative and ready for challenges in life. We are not only working on getting them ready for their business but overall for life. They must be ready to taste success by facing challenges and failures”.

CS further elaborated that right from the selection criteria to the final certification, the approach is dynamic and completely customized as per market requirements. “You will have to present your case to enroll for this course. After the six months of rigorous coaching by some of the best global business minds, you will have to make another presentation on your business plan. The best new venture idea of the batch will be funded the entire course fee as an investment to start your own venture,” he added.

They both feel that this could be an unparalleled opportunity as there are currently no international entrepreneurship programs catering to students from family business backgrounds in India. “Dubai’s strategic location, business-friendly policies, and safety standards make it an ideal destination for both learning and business establishment,”

The participants are all set to gain valuable experiences such as diverse peer learning, cultural understanding, global perspective, industry insights, and international expansion. They will be assisted on coming to Dubai on an investor visa for the course and can explore business expansion opportunities in other Gulf Co-operating Council Countries (GCC) such as Saudi Arabia and Oman along-with handpicked European countries by being taken there for experiential learning during festival and course breaks.

About Midas and CS Institute of Management
Located in the global business hub of Dubai at a most strategic location of Dubai Healthcare City right next to Wafi Mall, the Midas and CS Institute of Management offers tailor-made, cutting edge programs for aspiring entrepreneurs and family business successors. These market-oriented, practical programs are poised to provide the students with the tools necessary for their global journey, setting them on a path towards success and innovation in the ever-changing world of business. Currently there are two courses. One is called ‘Entrepreneurship and Enterprise Management’ for 21 to 30 year old graduates from business families or aspiring entrepreneurs. Another upcoming program is for business and startup owners who are 30 years and above. This intensive one-week program will provide a global exposure to them for transforming their business and also show them how to start a business in Dubai.

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Dubai launches new digital platform to simplify SME setup and reduce expenses

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Dubai has unveiled a new one-stop platform aimed at making it faster, simpler and more affordable for entrepreneurs to launch and grow businesses in the emirate.

Launched by the Dubai Department of Economy and Tourism (DET), SME in a Box brings together essential business services on a single platform, allowing founders to access licensing support, banking, digital payments, logistics, telecommunications and other operational tools without dealing with multiple providers separately.

The initiative is designed to remove many of the challenges entrepreneurs face during the business setup process, helping startups and small businesses reduce costs, save time and get operational more quickly.

According to DET, businesses using the platform could unlock more than Dh80,000 in potential value through partner discounts, fee waivers, subsidised onboarding and preferential service packages. Founders may also save up to 200 hours typically spent comparing providers, negotiating contracts and completing onboarding requirements.

The platform launches with 18 private-sector partners, including Emirates NBD, Commercial Bank of Dubai, du, Aramex, DHL and several fintech and business service providers.

Certain digital services, including payments, logistics and telecom solutions, can be activated within as little as 24 hours, while more complex services such as corporate banking and licensing continue to follow standard regulatory procedures with streamlined onboarding support.

Ahmad Al Room Almheiri, CEO of Dubai SME, said the platform was developed in response to entrepreneurs seeking greater clarity, speed and cost efficiency when setting up businesses.

The initiative supports the goals of the Dubai Economic Agenda (D33), which aims to further strengthen Dubai’s position as one of the world’s most attractive destinations for investment, entrepreneurship and business growth.

Future phases will introduce deeper digital integration and eventually connect SME in a Box with Dubai’s broader business ecosystem, creating a seamless journey from company formation to scaling and expansi

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UAE fuel prices for June announced: Petrol edges closer to Dh4 a litre

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The UAE announced revised fuel prices for June 2026, with motorists set to pay significantly more for petrol while diesel costs decline compared to the previous month.

The latest adjustment is particularly notable as it marks the country’s first monthly fuel pricing update since formally leaving both OPEC and OPEC+ earlier this year.

Beginning June 1, Super 98 petrol will be priced at Dh3.95 per litre, up from Dh3.66 in May. Special 95 will rise to Dh3.83 per litre from Dh3.55, while E-Plus 91 will increase from Dh3.48 to Dh3.76 per litre.

In contrast, diesel users will benefit from a reduction, with prices falling from Dh4.69 per litre in May to Dh4.33 in June.

The latest increase extends a three-month upward trend in petrol prices, reflecting ongoing volatility in global energy markets and fluctuations in crude oil prices.

Impact on residents

For households across the UAE, fuel price movements remain a key economic indicator, influencing transportation costs, daily commuting expenses and overall household budgets. Rising petrol prices can have a noticeable impact on monthly spending, particularly for residents who rely heavily on private vehicles.

The June pricing announcement comes just weeks after the UAE officially ended its six-decade membership in OPEC and OPEC+, a move that took effect on May 1, 2026.

The revised prices will come into effect from June1, 2026.

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Dubai announces Dh1.5 billion package to protect jobs and support businesses

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Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum has approved a fresh Dh1.5 billion economic support package aimed at protecting jobs, easing pressure on businesses and strengthening Dubai’s economy during a challenging period for the region.

The latest measures bring the total value of Dubai’s recent economic support initiatives to Dh2.5 billion, following an earlier Dh1 billion package introduced earlier this year.

The new package includes 33 initiatives that will be rolled out over the next three to 12 months, targeting key sectors including tourism, hospitality, trade, education and customs services.

One of the biggest beneficiaries is Dubai’s hotel and tourism industry, with several major fee relief measures announced to reduce operating costs.

Hotels across the emirate will be allowed to postpone 100 per cent of government sales fees on rooms as well as food and beverage services for three months. The relief applies to hotels, hotel apartments and holiday homes.

Dubai has also postponed the Tourism Dirham fee, a charge applied to hotel stays for up to 30 consecutive nights, for the same period. Hotels will additionally be exempt from permit, postponement and cancellation fees related to events.

Retailers and commercial businesses are also expected to benefit, with Dubai removing additional charges linked to sales campaigns and promotional offers. The move is likely to encourage more discounts and shopping promotions across the city over the coming months.

The package further includes streamlined procedures for residency permit issuance and renewals, although detailed implementation guidelines are yet to be announced.

Other sectors receiving support include education, customs, transport and aviation. Measures include deferred licence renewal fees for educational institutions, payment deferrals in the transport sector, an 80 per cent reduction in customs fines and a 50 per cent cut in fees for renewing civil aviation permits.

In a statement shared on X, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said the initiatives reinforce Dubai’s economic resilience and competitiveness while strengthening partnerships between the government and private sector.

He added that Dubai remains committed to supporting businesses and residents while continuing to position itself as a leading global economic hub.

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