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Nicholas Pooran highlights growing competitiveness of ILT20

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The third season of the DP World International League T20 is on the horizon with the star West Indies batter Nicholas Pooran among the players preparing to dazzle as the MI Emirates get their title defence underway on Saturday, 11 January in Dubai. The tournament’s growing reputation for competitiveness and its role as a platform for UAE players to develop have captured the attention of cricket fans globally. Pooran, who led MI Emirates to glory in the previous season, is determined to make an impact once again.

Sharing his thoughts on the season ahead, Pooran remarked, “It’s nice to be back for the third season of the DP World ILT20. We’re really looking forward to this season. We’re hoping to do our best again this year and try to retain the title, but there’s a lot of hard work ahead for me and the team to make that happen.”

Reflecting on the competition’s intensity, the explosive left-hander added, “Each year, I feel the quality of the tournament keeps improving. The DP World ILT20 is doing a better job every single year. I think competitiveness is important and it feels like international cricket with nine overseas players and two UAE guys.”

Pooran also acknowledged the role of the DP World ILT20 in nurturing cricketing talent in the UAE. “Tournaments like this are crucial for developing UAE cricketers as well. It’s a fantastic opportunity for them to learn from some of the best in the business,” he noted.
As the second highest run scorer last season, Pooran struck 31 sixes, amassing 354 runs in ten innings at an enviable average of 50.57 and a strike rate of 170. On replicating his performance in the new campaign, he opined, “It’s obviously challenging.

Every year, every competition brings new challenges. Going into this season, preparation begins over the Christmas period. I’m working on getting my body back in shape, hitting a lot of balls, and getting my mind in the right place. When January comes, hopefully, I’ll have some luck on my side. You play each game on its merit—every game is a new opportunity, and it’s about doing what the team needs. So, let’s see how the new season goes.”

Another standout performer from MI Emirates last season was UAE’s Muhammad Waseem, whose aggressive batting saw him finish as the fourth-highest run-scorer in the tournament (DP World ILT20 Season 1 and Season 2 Blue Belt Winner – Best UAE Player). Waseem tallied 321 runs in 12 innings, showcasing his flair and consistency. Pooran praised the opener, highlighting him as an example of UAE’s cricketing potential.

“There are a lot of talented players in the UAE. I’ve played with Waseem over the years, and he has been incredible right from when he got his chance. He seized that opportunity, and he’s been brilliant for us with MI in both seasons. He’s one of my favourites, for sure. I hope he continues to do great things for himself and his family,” Pooran stated.

Signing off with a message to the fans, the 29-year-old expressed his gratitude, saying, “We have passionate fans, not just here but in India and across the world. Hopefully, we can keep putting smiles on their faces and bring more titles to them.”
The third season of the DP World ILT20 will run from 11 January, to 9 February 2025

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Dubai Chambers launches one-stop digital platform to help businesses start, grow and expand

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Starting and growing a business in Dubai is set to become easier with the launch of Business in Dubai, a new digital platform by Dubai Chambers that brings together essential corporate services in one place.

Designed as a single gateway for companies, the platform connects businesses with trusted service providers, helping them access everything from financial solutions to technology, marketing and certification services without having to navigate multiple channels.

The initiative aims to simplify business operations while strengthening Dubai’s position as one of the world’s most competitive destinations for investment and entrepreneurship.

What does the platform offer?

The Business in Dubai platform currently provides 65 corporate services through seven accredited partners, offering companies a wide range of support as they establish or expand their operations in the emirate.

The services are grouped into four key categories:

  • Financial services
  • Marketing and business growth services
  • Technology services
  • Testing, inspection and certification services

The current network of partners includes ZENDATA Cybersecurity, FAST Ventures, Mamo, OCTA, SGS Gulf Limited, Vault, and Pemo.

Helping businesses grow

Dubai Chambers said the platform has been designed to save companies time and resources by bringing multiple business services under one digital roof.

Khalid AlJarwan, Executive Vice President of Commercial and Corporate Services at Dubai Chambers, said the initiative reflects the organisation’s commitment to creating an environment that supports business growth both locally and internationally.

He said the platform will strengthen Dubai’s investment ecosystem by making it easier for companies to access the services they need to scale their operations and contribute to the emirate’s long-term economic development.

Boost for the digital economy

Saeed Al Gergawi, Vice President of Dubai Chamber of Digital Economy, said the platform will particularly benefit businesses operating in the digital economy by simplifying access to trusted service providers.

He added that the initiative creates a more flexible and efficient business environment, enabling entrepreneurs and companies across different sectors to focus on growth rather than administrative processes.

A single digital gateway

By consolidating key business services onto one platform, Dubai Chambers aims to reduce the time and effort companies spend searching for service providers, allowing them to concentrate on innovation, expansion and day-to-day operations.

The launch forms part of Dubai’s wider efforts to strengthen its business ecosystem and reinforce its position as a leading global hub for trade, investment and entrepreneurship.

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What the new DIFC investment fund proposals mean for investors

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Dubai’s financial regulator is planning the biggest update to the Dubai International Financial Centre (DIFC) investment fund rules in more than a decade.

The Dubai Financial Services Authority (DFSA) has launched a public consultation on a wide-ranging package of reforms designed to modernise the DIFC’s investment fund framework, simplify regulations for fund managers and strengthen investor protection.

Here’s what you need to know.

Why is the DFSA changing the rules?

The DFSA says the investment fund industry has evolved significantly since the current framework was introduced in 2006.

The proposed reforms aim to:

  • Modernise regulations to reflect today’s investment market.
  • Reduce unnecessary compliance requirements.
  • Make it easier for fund managers to operate.
  • Maintain strong investor protection.
  • Align DIFC regulations with international best practices.

What are the proposed changes?

The consultation includes several key proposals:

More flexible rules for private investment funds

The DFSA plans to replace rigid classifications for specialist private funds with a more flexible framework that can better accommodate modern investment strategies.

Simpler licensing for fund managers

Investment managers may no longer need separate licences for certain activities, such as arranging investments or dealing on behalf of clients, as these would be covered under an existing asset management licence.

Updated rules for master-feeder funds

The regulator also wants to modernise regulations governing “master-feeder” fund structures to reflect current market practices better.

Removal of the external fund manager regime

The DFSA proposes removing the external fund manager framework as more firms are now seeking direct authorisation from the regulator.

More investment opportunities for employees

Employees could be given greater flexibility to invest in private funds managed by their own employers, either directly or through dedicated investment vehicles.

Technical improvements

The consultation also proposes several technical amendments to improve clarity and consistency within the Collective Investment Law.

Could tokenised investment funds become a reality?

The consultation also seeks industry feedback on regulating tokenised investment funds.

Tokenisation uses blockchain technology to represent ownership units digitally, potentially making investment funds more efficient and accessible.

At this stage, the DFSA is only gathering feedback and has not proposed formal regulations.

Will retail investors get access to more investment opportunities?

Another topic under discussion is the possible introduction of a long-term investment fund regime.

If developed in the future, it could allow retail investors to access certain long-term assets—such as infrastructure projects or private market investments- that are currently limited to professional investors.

No regulatory changes have been proposed yet; the regulator is first seeking industry views.

Who can provide feedback?

The consultation is open until September 7, 2026.

The DFSA is inviting comments from:

  • Fund managers
  • Asset managers
  • Fund administrators
  • Legal advisers
  • Auditors
  • Compliance professionals
  • Other participants in the DIFC investment funds industry

The proposals form part of Dubai’s wider efforts to strengthen its position as a leading regional hub for wealth and asset management while ensuring regulations remain modern, proportionate and investor-focused.

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Good news for businesses: Sharjah slashes fees and fines

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Businesses in Sharjah can now benefit from a range of temporary fee reductions after Sharjah Police unveiled a new package of incentives aimed at easing costs and supporting the emirate’s business community.

The measures, introduced in line with a decision by the Sharjah Executive Council, include 50% discounts on several security-related fees, along with reduced fines and lower training costs for companies.

What discounts are available?

Under the new initiative, eligible businesses will receive:

  • 50% off security permit renewal fees for commercial activities
  • 50% off security system subscription fees
  • 50% reduction on eligible violations and fines
  • 20% off mandatory training programme fees for companies

Sharjah Police said the initiative is designed to support commercial establishments, encourage business sustainability and further strengthen the emirate’s position as an attractive destination for investment.

How long will the discounts last?

The incentives will be available for three months from the date the decision comes into effect.

Businesses seeking more information about the discounts and eligibility can contact the Sharjah Police Call Centre on 901.

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