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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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DIFC unveils relief package to ease financial pressure for more than 8,000 companies

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The Dubai International Financial Centre (DIFC) has today announced a comprehensive suite of temporary economic support measures designed to fortify its business and retail community. Effective immediately, the package addresses short-term operational pressures, ensuring the DIFC ecosystem remains the most resilient financial hub in the MEASA region.

As the global economy navigates a shifting landscape, the DIFC Authority is taking a proactive stance to provide financial reassurance and administrative flexibility to its 8,800+ active firms.

Targeted financial & operational support

The relief measures are specifically designed to stabilise cash flows for both commercial tenants and retail operators. Key initiatives include:

  • Flexible Payment Solutions: Customised payment plans for retail and commercial sectors.
  • Licensing Ease: New instalment plans for license renewal fees to reduce upfront capital requirements.
  • Administrative Grace Periods: Extensions on payments related to the Registrar of Companies, Data Protection Department, and lease contract filings.
  • Workforce Support: Deferred timelines for registering employees into the DIFC Employee Workplace Savings (DEWS) scheme.

Regulatory flexibility

In tandem with the DIFC Authority, the Dubai Financial Services Authority (DFSA) is introducing regulatory relief to maintain market momentum. These measures will support existing regulated firms and streamline the authorisation process for new entities seeking to enter the Dubai market.

“At DIFC, we stand alongside our clients, partners, and employees with a clear commitment to provide support and reassurance when it is needed most,” said Arif Amiri, Chief Executive Officer of DIFC Authority.

The announcement comes as DIFC continues its Zabeel District expansion, which is set to house over 42,000 companies. By prioritising the human and financial health of its current partners, DIFC is reinforcing Dubai’s position as a top-four global financial centre that prioritises stability alongside innovation.

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Dubai ad agency turns billboard into a self-funded tribute of gratitude and love for the UAE

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As global markets navigate a landscape of uncertainty, the UAE continues to stand as a beacon of stability and resilience. While business leaders across the region have applauded the nation’s defence mechanisms and leadership, one Dubai-based advertising firm is moving beyond words and into action.

NextWhat Advertising has unveiled a massive, self-funded tribute billboard at the Dubai World Trade Centre Roundabout. In a move that breaks industry norms, the agency has bypassed commercial revenue to dedicate one of the city’s most premium outdoor spots to a message of solidarity and love for the UAE leadership.

The billboard, strategically located in the parking area facing the flow of traffic from Emirates Towers toward Zabeel Road and facing the iconic Sheikh Zayed Road, carries a heartfelt message honouring the strength, wisdom, and commitment to unity that defines the UAE’s path forward.

Gratitude for leadership

While Corporate Social Responsibility (CSR) campaigns are common, they are almost exclusively funded by clients. NextWhat is pioneering a different path: the billboard owner acting as the benefactor.

“Typically, we see clients using CSR funds for these types of messages. Among outdoor media players, we are amongst the first few to have done this entirely on our own,” says Tanvir Shah, Founder and Managing Director of NextWhat Advertising. 

“We’ve spent our own money and used our own premium space, no sponsorship, no clients, to show our genuine gratitude for the safety and leadership the UAE provides.”

From Mumbai to the world stage

The man behind the move, Tanvir Shah, is a first-generation entrepreneur with a legacy of Thinking Big. A graduate of Mumbai’s prestigious Sydenham College and a veteran of The Times of India, Shah launched his first venture in 1992. Today, his footprint spans India, Sri Lanka, and the UAE.

Under Shah’s leadership, NextWhat has become synonymous with unmissable brand experiences. By dedicating their state-of-the-art digital and large-format sites to a national cause, the company is demonstrating that in the UAE, the bond between the private sector and the state is built on more than just commerce; it is built on shared resilience.

United we stand as a family

Today, as business leaders and residents alike confront uncertainty, they do so not as guests in a foreign land, but as a united family standing in defence of the home that has embraced them. This bond has been forged through years of shared milestones and a collective belief that, regardless of origin, hearts can beat as one for the Emirates.

“The UAE has given us extraordinary opportunities and unwavering support. Just as it welcomed us during times of prosperity, we stand with it now in moments of challenge. We are not merely expatriates or guests; we are family. Irrespective of nationality, we have consciously chosen this country as our home, and we hold it close to our hearts. Our loyalty has only grown stronger through the trust and confidence shown by the nation’s leadership. This land has embraced us with dignity, and the least we can do is stand by it. At the end of the day, we are one,” concluded Shah.

Click on the link to see a video of the ad: https://www.instagram.com/reels/DWqPp7EjKCU

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Dubai unveils Dh1 billion economic package to support tourism, businesses

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Dubai authorities have announced a series of business support measures aimed at strengthening resilience, easing financial pressures, and sustaining economic growth across key sectors.

The initiatives are part of a wider Dh1 billion economic incentive package unveiled by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Deputy Prime Minister.

Relief for tourism and hospitality

To support hotels and tourism-related businesses, the government will allow:

  • Deferral of 100% of sales fees on rooms and food & beverage
  • Postponement of Tourism Dirham fees

These relief measures will be valid for three months starting April 1 and apply to:

  • Hotels
  • Hotel apartments
  • Holiday homes

The goal is to enhance liquidity and reduce short-term financial strain on the hospitality sector.

Wider support for businesses

Additional measures have been introduced across the broader economy, including fee deferrals for three months on:

  • Premium business names
  • Licence amendments
  • Newspaper announcements
  • Local service fees
  • Accommodation and waste management fees
  • Service improvement charges

These apply to both new business licences and renewals, with further updates expected after the three months.

Additional reforms

The broader package also includes:

  • Extended grace periods for customs data
  • Streamlined processes for issuing and renewing residency permits

Officials from the Dubai Department of Economy and Tourism emphasised that the emirate’s economic success is built on proactive policymaking and strong collaboration with industry stakeholders.

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