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Global Chess League Season 2 a Great Opportunity to Attract New Fans, says Viswanathan Anand

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With less than a month left before the second season of the Global Chess League, a joint venture between Tech Mahindra and FIDE, legendary Indian Chess Grandmaster Viswanathan Anand expressed his excitement for the upcoming tournament. The competition will take place between October 3rd and October 12th in London, and the five-time World Champion opened up on his reasons for returning to the tournament this year.

“I remember clearly how much fun the Tech Mahindra Global Chess League was last year in Dubai, and I am very excited about the second season. Most of the world’s best players took part in the initial edition. Notably, one player whose presence everyone is looking forward to has also joined this year – Hikaru Nakamura,” Anand said.

Anand will continue in his role as the Icon Player for the Ganges Grandmasters this season. He will compete against Magnus Carlsen (Alpine SG Pipers), Hikaru Nakamura (American Gambits), Anish Giri (PBG Alaskan Knights), Maxime Vachier-Lagrave (upGrad Mumba Masters), and Ian Nepomniachtchi (Triveni Continental Kings).

“The teams have had a chance to rejig their compositions. They have learned from the past season and have strengthened themselves. I think the second season will be even better as the level of competition is absolutely elite,” he added.

In its first season, the Global Chess League revolutionized the sport with its unique team format. The first-of-its-kind franchise-based league features a total of six teams consisting of six players in each team – one Icon player, two superstar male players, two superstar female players, and one prodigy in each team. Anand explained how the format helps the players perform better.

“Chess is an individual game. However, when you play for a team, you have an added responsibility, as your performance can directly or indirectly impact your team members’ results. So, everyone is motivated to do well. On top of that, when all the team members get along well, and the team atmosphere is good, players can be inspired to produce their best performances,” the 54-year-old said.

The two-time Chess World Cup winner further elaborated on why the first season captured the imaginations of the global chess community. He further said that the Global Chess League is helping to increase the sports’ fan base. “The inaugural season received a remarkable response from fans because it was a fan-centric and spectator experience-centric event. Everything, from the visual effects to the commentary to the format to the scoring, was developed to make it exciting for the spectators. Hence, the tournament is a very good opportunity to draw in many new fans.”

Addressing his targets for the season, Anand said that he wishes to help Ganges Grandmasters win the title. Apart from him, the franchise has changed their squad, roping in Arjun Erigaisi and Parham Maghsoodloo as Superstar men players and Vaishali R and Nurgyul Salimova as Superstar women players for the season. Volodar Murzin has been brought in as the Prodigy player.

“As a team, the Ganges Grandmasters did well in the last edition, but we could not qualify. It shows the unpredictable nature of the league’s scoring system and format. We will try to do much better this time. As a player, my goals align with the same, and I want to help our team reach the final and win the trophy.”

Anand further expressed his eagerness to compete in London, explaining why the city is a fitting destination for the second season of the Tech Mahindra Global Chess League. “London has always played a very important role in the history of chess, right from the Great International Chess Tournaments of 1851 to today, it has been the host for countless world’s best tournaments. I think it’s a very fitting venue, and many fans worldwide will be tempted to come and enjoy the event. I am looking forward to playing in London again. It’s a great city,” he signed off.

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Emiratisation targets 2026: What UAE private firms need to know

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The Ministry of Human Resources and Emiratisation (MoHRE) has confirmed that June 30, 2026, is the final deadline for private sector companies with 50 or more employees to meet Emiratisation targets for the first half of the year.

Under current rules, companies must achieve a 1% increase in Emiratisation for skilled jobs by the end of June, with another 1% increase required in the second half of 2026.

Starting July 1, firms that fail to meet the required targets will face financial penalties.

The ministry urged companies not to wait until the last minute and encouraged employers to use the Nafis platform to connect with Emirati jobseekers across multiple sectors and specialisations.

Officials said more than 50 days remain before the deadline, giving companies time to speed up hiring plans and improve compliance.

Fake Emiratisation practices

The ministry also warned against fake Emiratisation practices, saying advanced monitoring systems powered by artificial intelligence are being used to detect violations and attempts to manipulate targets.

Companies found violating Emiratisation regulations could face penalties, downgrading of their classification status and legal action.

Compliant companies may benefit from incentives under the Nafis programme, including discounts on ministry service fees and priority within government procurement systems.

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New Dubai rule makes investor visas easier for property buyers

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Dubai has made it easier for property buyers to secure residency, after the Dubai Land Department (DLD) introduced new rules removing the minimum property value requirement for a two-year real estate investor visa.

Previously, investors needed to own property worth at least Dh750,000 to qualify. Under the updated system, buyers can now apply for the visa regardless of property value, as long as they are the sole owner.

For many UAE expats and first-time buyers, the move significantly lowers the barrier to entry, making it possible to invest in more affordable properties while still securing residency benefits.

Officials say the change is part of Dubai’s wider push to expand its investor base, boost property demand, and strengthen its position as a global real estate hub.

There are still some conditions for jointly owned properties. According to DLD’s Cube Centre, if two investors share ownership equally, each person’s stake must be at least Dh400,000 to qualify for the visa.

What it means for expats

For expats looking to put down roots in Dubai, the update creates more flexibility and accessibility, especially for those entering the market at lower price points. It also opens the door for a wider range of investors to benefit from property-linked residency.

The move is expected to increase market activity, encourage long-term investment, and support sustainable growth across Dubai’s real estate sector.

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How to get an industrial licence in Sharjah for just Dh1,000

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Sharjah offers a Dh1,000 industrial licence at the ‘Make it in the Emirates’ forum

New Sharjah initiative cuts the cost of starting industrial businesses

UAE entrepreneurs can launch factories in Sharjah for Dh1,000

Sharjah boosts manufacturing sector with new investor incentives

‘Make it in the Emirates’: Sharjah unveils low-cost industrial licence

Sharjah targets investors with fast-track industrial setup offer

Big opportunity for entrepreneurs as Sharjah lowers licence costs

Sharjah strengthens position as industrial hub with new initiatives

Sharjah is stepping up efforts to attract industrial investment, as the Sharjah Economic Development Department (SEDD) and Sharjah Foundation for Supporting Entrepreneurship take part in the latest edition of the Make it in the Emirates forum.

For entrepreneurs and expats looking to start or expand industrial ventures, one of the standout announcements is a special initiative offering instant industrial licences for just Dh1,000, covering all permitted industrial activities in the emirate.

Officials say the move is part of a broader strategy to simplify business setup, reduce costs, and accelerate project launches, making it easier for investors to enter the market.

Speaking at the forum, Hamad Ali Abdulla Al Mahmoud said the initiative reflects Sharjah’s commitment to building a diversified, knowledge-based economy, while supporting innovation and long-term growth in the industrial sector.

Beyond licensing, SEDD is also using the platform to connect with global manufacturers and industry leaders, aiming to build partnerships that support technology transfer and enhance the quality and global reach of Made in Sharjah products.

For business owners and aspiring founders, the initiative offers lower entry barriers, faster setup processes, and access to funding and support services.

How to apply for an industrial licence

Setting up an industrial business in Sharjah is becoming faster and more accessible. Here’s a simple breakdown of how to apply through the Sharjah Economic Development Department (SEDD):

1. Choose your activity
Select the industrial activity you want to operate. This licence covers a wide range of permitted manufacturing activities in Sharjah.

2. Submit your application
Apply through SEDD’s official website, service centres, or via initiatives promoted at the Make it in the Emirates forum.

3. Provide required documents
Typically includes:

  • Passport/Emirates ID copy
  • Business details
  • Initial approvals (if required for specific activities)

4. Get instant approval
The initiative offers fast-track processing, allowing many applications to be approved quickly.

5. Pay the fee
Pay the Dh1,000 licence fee, which covers all permitted industrial activities under this offer.

6. Start operations
Once approved, you can begin setting up your industrial project and access additional support services.

Entrepreneurs can also tap into funding, advisory, and training support through Sharjah Foundation for Supporting Entrepreneurship to help grow their business.

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