Connect with us

Companies

Microsoft takes on Facebook by dispatching metaverse in Teams

Published

on

Spread the love

Clients will actually want to show up as animated cartoons in gatherings and visit virtual work areas.

Microsoft has ventured out towards bringing the metaverse to office life, in the most recent sign that probably the greatest tech organizations see the mixing of the advanced and actual universes as one of the main recent fads in registering. The US programming goliath said that in the primary portion of the following year, clients of its Teams coordinated effort programming would have the option to show up as symbols — or vivified kid’s shows — in video gatherings. Telecommuters can likewise utilize their symbols to visit virtual work areas, which would ultimately incorporate copies of their managers’ workplaces. Microsoft’s first moves to mix the virtual and actual universes are unobtrusive contrasted with the sweeping vision that Facebook spread out last week when it changed its corporate name to Meta to mirror its new spotlight on the metaverse. In any case, Microsoft’s arrangement depends on hidden innovation, known as Mesh, that it disclosed recently to deal with undeniably more perplexing virtual cooperations on various sorts of equipment, from PCs to computer generated reality headsets. Additionally, Microsoft leaders said they considered the reception of individual symbols to be the initial phase in a movement that would see laborers become progressively OK with new types of virtual cooperation that may appear to be strange to them now. “With 250m individuals all throughout the planet utilizing Teams, the presentation of symbols will be the main genuine metaverse component to appear to be genuine,” said Jared Spataro, the head of Teams.

Groups has turned into the product through which numerous specialists speak with partners and access Microsoft’s more extensive arrangement of efficiency devices. The organization said it would coordinate its other efficiency programming into its new virtual encounters — permitting laborers to do things like view PowerPoint introductions in the metaverse. Spataro said a large part of the inspiration for the presentation of new kinds of computerized cooperation came from the difficulties organizations are looking with cross breed working, as certain representatives return to the workplace after the pandemic while others decide to work from a distance. Microsoft said that its examination showed that utilizing individual symbols passed on a feeling of “presence” that made gatherings seriously captivating, while at the same time liberating laborers from having to continually show up before a camera. Laborers who had been in a gathering where another person showed up as a symbol were additionally more open to utilizing the actual innovation, the organization said. Showing up as a symbol “appears to be straightforward, it seems like only one stage, however that is the sort of step I think individuals are prepared to make”, Spataro said. “Possibly it’s even sort of happy to start with.” The organization said it would utilize AI to cause a symbol’s lips to seem to mouth the words being expressed, and to add looks and hand signals. The gradualist way to deal with acquainting laborers with the metaverse appears differently in relation to the previous Facebook’s more progressive vision for the eventual fate of office gatherings. The web-based media organization as of late showed a full augmented simulation office experience, with individuals wearing VR goggles to sit in a virtual room close by symbols of different laborers. Differentiating Microsoft’s utilization of symbols to bouncing directly to full augmented experience gatherings, Spataro said: “It’s not as out of sight like, how about we meet in a 3D space where we don’t have a clue what to do.”

Continue Reading
Advertisement

Business

Dubai launches new permit to help free zone firms do business on the mainland

Published

on

Spread the love

Businesses in Dubai’s free zones can now trade more easily on the mainland, thanks to a new Free Zone Mainland Operating Permit announced on Wednesday by Dubai’s Department of Economy and Tourism (DET).

The move is designed to simplify and make it more cost-effective for companies to operate across jurisdictions, providing them with access to domestic trading opportunities and government contracts, previously available only to mainland-licensed firms.

“This initiative cements Dubai’s position as a benchmark for regulatory innovation,” said Ahmad Khalifa AlQaizi AlFalasi, CEO of Dubai Business Registration and Licensing Corporation. “We’re enhancing ease of doing business and opening new avenues for growth, from domestic trading to government tenders.”

What the Permit Offers

  • Cross-border flexibility: Free zone companies can now engage in mainland activities without setting up a separate mainland entity.
  • Low-cost entry: The permit costs Dh5,000 for six months and is renewable for the same fee.
  • Talent mobility: Firms can use their existing staff for mainland operations without hiring additional employees.
  • Tax compliance: Revenue earned from mainland activities will be subject to the 9% corporate tax, with companies required to maintain separate financial records as per Federal Tax Authority (FTA) rules.

Who Can Apply

The first phase of the permit covers non-regulated sectors, such as:

  • Technology and IT services
  • Consultancy and design
  • Professional services
  • Trading

Plans are in place to extend the permit to regulated sectors in the future.

Eligible businesses must have a Dubai Unified Licence (DUL). They can apply online via the Invest in Dubai (IID) platform, ensuring a quick and hassle-free process for SMEs, startups, and larger enterprises.

Big Boost for Businesses

DET expects the initiative to increase cross-jurisdiction activity by 15–20% in its first year, benefiting over 10,000 active free zone firms.

By enabling free zone companies to integrate more closely with domestic supply chains, the permit opens doors to billions of dirhams worth of government tenders and contracts, creating new opportunities for growth, innovation, and job creation.

Continue Reading

Business

Sheikh Hamdan launches Dubai Founders HQ: One-stop hub for startups

Published

on

Spread the love

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, on Monday launched Dubai Founders HQ, a groundbreaking initiative that consolidates the emirate’s entire startup and SME ecosystem under one roof.

The first-of-its-kind “phygital” platform combines a state-of-the-art physical campus at One Central, Dubai World Trade Centre, with a comprehensive digital ecosystem connecting founders, investors, corporates, and enablers.

The mission: 30 unicorns by 2033

Dubai Founders HQ directly supports the ambitious Dubai Economic Agenda D33, which aims to:

  • Scale 30 unicorns (startups valued at $1 billion+) from Dubai
  • Enable 400 SMEs to grow by 2033
  • Position Dubai as a global innovation powerhouse

“In Dubai, entrepreneurship is considered a key engine of comprehensive and sustainable development,” Sheikh Hamdan said during his visit to the new campus. “Supporting entrepreneurs is an investment in human potential and in our society’s capacity to innovate and move confidently towards a more prosperous future.”

More than 25 powerhouse partners already on board

More than 25 leading organisations spanning venture capital, financial services, government entities, telecommunications, and innovation hubs have joined the platform, including globally renowned ecosystem builders Endeavor and Plug and Play.

This isn’t just another co-working space, it’s a fully integrated support system designed to take startups from ideation to market leadership.

What founders actually get

Physical campus perks:

  • State-of-the-art co-working spaces
  • Event facilities and meeting rooms
  • Open collaboration areas
  • Curated networking events and workshops
  • Local art showcasing Dubai’s creative spirit

Digital platform access:

  • Curated learning library
  • Consolidated repository of Dubai’s startup ecosystem
  • Data-driven insights and connections

End-to-end services:

  • Sector-specific acceleration programmes
  • Expert mentorship and advisory
  • Direct investor access
  • Business setup and licensing support
  • Global ecosystem connections
  • Tailored venture building partnerships

Hub-and-spoke model

Dubai Founders HQ acts as the “gravitational centre” of Dubai’s innovation landscape, seamlessly connecting with free zones, accelerators, and incubators across the emirate.

Think of it as the central nervous system coordinating Dubai’s entire entrepreneurial ecosystem – eliminating fragmentation and creating a streamlined entry point for founders at every growth stage.

Strategic vision

Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, called the launch “a significant milestone in our journey to position Dubai as a global hub for digital entrepreneurship.”

Helal Saeed Almarri, Director General of Dubai Department of Economy and Tourism, emphasised the collaborative approach: “In bringing together government entities, corporates, and investors, we are creating a self-sustaining engine for innovation.”

Why it matters

For startups: Unparalleled access to expertise, funding, and support in one location

For investors: Direct pipeline to Dubai’s most disruptive businesses and talent

For corporates: Innovation partnerships and access to cutting-edge solutions

For Dubai: Accelerated path to becoming a global startup capital

Global gateway

Dubai Founders HQ also serves as an entry point for international startups and SMEs looking to access Middle Eastern markets, offering comprehensive guidance on business setup and ecosystem navigation.

Navigating bureaucracy

Dubai has consolidated years of entrepreneurial infrastructure development into one powerful platform. For founders, this means less time navigating bureaucracy and more time building world-class companies.

“Many startups have begun their journey in Dubai and grown to reach global markets,” Sheikh Hamdan noted. 

“Our aim is to make the city a platform where bold ideas can flourish and scale up.”

With 30 unicorns in its sights and an ecosystem now operating in unison, Dubai Founders HQ isn’t just supporting startups, it’s engineering them at scale.

Location: 25Hours Hotel, One Central, Dubai World Trade Centre
Partners: More than 25 venture capital firms, financial institutions, government entities, telcos, innovation hubs
Model: Physical campus + digital platform = “phygital” ecosystem

Continue Reading

Business

Dubai to go cashless: 90% of payments will be digitial by 2026

Published

on

Spread the love

Forget fumbling for change at the souq. Dubai is accelerating its ambitious plan to go almost entirely cashless, with a major awareness campaign now underway to push digital payments across the emirate.

The numbers that matter

By the end of 2026, Dubai aims for:

  • 90% of all transactions to go digital (government and private sector)
  • Dh8 billion annual boost to economic growth
  • 100% of stores to accept digital payments
  • Top-five ranking among the world’s cashless cities

What ‘cashless’ actually means

This isn’t about abandoning money, it’s about ditching notes and coins. Banking apps, credit cards, contactless payments, and AI-driven fintech solutions will become the norm for everything from grocery shopping to government services.

The campaign kicks off

Dubai Finance has launched a wide-reaching promotional push in collaboration with government entities, leading fintech companies, and private sector partners to make the transition seamless.

Recent developments include partnerships with GDRFA (General Directorate of Identity and Foreigners Affairs) and Network International to expand digital payment channels and bring innovative solutions to the public.

DIFC leads the business switch

Earlier in 2025, DIFC and Dubai Finance teamed up to run specialised workshops helping businesses make the digital leap. The collaboration includes AI-driven initiatives designed to benefit workers, tourists, and residents through smoother payment experiences.

Who benefits?

The strategy is designed with three key groups in mind:

  • Consumers: Faster, more convenient payments
  • Merchants: Streamlined transactions and reduced cash-handling costs
  • Payment providers: Expanded market and innovation opportunities

Bartering with bills at the gold souq or hunting for loose change in your car? That’s about to become Dubai nostalgia. The city’s race to go cashless is picking up speed, and 2026 is the finish line.

Continue Reading

Popular

Exit mobile version
https://headline.ae/