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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

Sheikh Mohammed announces new UAE Ministry of Foreign Trade and renames Ministry of Economy

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In a major UAE government move, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, has announced the creation of a new Ministry of Foreign Trade and renamed the Ministry of Economy to the Ministry of Economy and Tourism.

Taking to the social media platform X, Sheikh Mohammed said the decisions were made in consultation with His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE.

“Brothers and sisters, after consultation with my brother, the President of the State, may God protect him, and with his approval, we announce today several changes in the UAE government as follows: The Ministry of Foreign Trade was established in the UAE government and the name of the Ministry of Economy is changed to Ministry of Economy and Tourism,” the Dubai Ruler wrote in his post.  

Key announcements include:

  • The establishment of a new Ministry of Foreign Trade, with Dr. Thani Al Zeyoudi appointed as the minister.
  • The Ministry of Economy is now renamed the Ministry of Economy and Tourism, to reflect its broader scope. Abdullah Bin Touq Al Marri will continue to lead it.
  • The National Artificial Intelligence System will become an advisory member of the Cabinet, starting January 2026. It will also join the Ministerial Council for Development and the boards of all federal entities and government-owned companies.

The integration of AI into key decision-making bodies aims to enhance policy efficiency, provide real-time technical advice, and support future-focused governance across sectors.

Sheikh Mohammed emphasised that the move aligns with the UAE’s ongoing commitment to innovation, agility, and strategic leadership at all levels of government.

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Real estate

Abu Dhabi launches smart platform to boost real estate investment and speed up construction approvals

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Real estate investors in Abu Dhabi have a new reason to celebrate. The Department of Municipalities and Transport (DMT) has launched Binaa, an AI-powered digital platform that promises to slash building permit approval times by up to 70 per cent and reduce unnecessary construction costs, making the emirate even more attractive for real estate development and investment. 

Unveiled during the Abu Dhabi Infrastructure Summit, the goal of Binaa is to dramatically reduce red tape, speed up approvals, and modernise how building projects are reviewed and managed.

What Binaa Means for You:

  • Up to 70 per cent faster permit approvals
  • Simplified process for private villa construction
  • Real-time tracking for architects, contractors, and homeowners
  • Minimises the cost and environmental impact of over-designed plans
  • Supports full coordination across 15 plus government entities

Smarter Construction, Powered by AI

Binaa uses AI, Building Information Modelling (BIM), and virtual/augmented reality to help spot design inefficiencies and ensure buildings meet safety and sustainability codes. It can also simulate site inspections using 3D overlays, making it easier to spot errors before they become costly construction issues.

During Phase 1, the platform will focus on private villas, which account for around 20,000 applications annually. Future phases will expand to larger developments.

One Platform, Endless Possibilities

Binaa offers a single digital window for managing the entire building process. It allows instant collaboration between consultants, project owners, and government agencies.

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Business

UAE Central Bank keeps interest rate steady at 4.40%

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The Central Bank of the UAE (CBUAE) has announced that it will maintain its Base Rate at 4.40%, following the US Federal Reserve’s decision to leave its Interest Rate on Reserve Balances (IORB) unchanged.

The Base Rate is applied to the Overnight Deposit Facility (ODF) and serves as a key benchmark for short-term interest rates in the country’s financial system.

In line with this, the CBUAE also confirmed that the borrowing rate for short-term liquidity from the central bank will remain 50 basis points above the Base Rate, applicable across all standing credit facilities.

What does this mean?
Anchored to the US Fed’s IORB, the UAE’s Base Rate reflects the overall monetary policy stance and helps set the floor for overnight money market interest rates, ensuring stability in the financial sector.

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