Connect with us

Announcements

Zim Afro T10 Season 3 Window Announced; T Ten Global grateful for Zimbabwe President’s support

Published

on

Spread the love

Following the tremendous success of the second edition of the Zim Afro T10, T Ten Global has officially announced the window for an exciting third season. The tournament will take place in the window between 15 September and 30 September in 2025, continuing its momentum as one of the most exciting events on the cricketing calendar.

The second season this year highlighted Zimbabwe’s growing stature as a prominent cricketing hub in the African continent. The festival-like atmosphere in Harare witnessed the finest cricketers comes together to lit up the league. The tournament, which saw the Jo’Burg Bangla Tigers, led by Sikandar Raza, lift the coveted trophy, was a spectacular showcase of thrilling cricket.

At the heart of this success has been the unwavering support of the Zimbabwean Government, led by President of Republic of Zimbabwe His Excellency, Dr Emmerson Dambudzo Mnangagwa. His presence at the grand finale underscored his deep-rooted passion for cricket and sports in general, while his continued backing has been instrumental in the rapid rise of the Zim Afro T10 on the global cricket calendar.

President Mnangagwa’s vision for Zimbabwe has included cricket as a key cultural and sporting pillar. His Excellency’s personal engagement in the tournament has invigorated Zimbabwe’s young talent, furthering the sport’s growth and development across the nation.

Nawab Shaji Ul Mulk, Founder and Chairman of T Ten Global Sports, expressed his deep appreciation for the government’s support, stating, “We are immensely grateful to His Excellency President Mnangagwa and his government for their unwavering backing. The Zim Afro T10 has thrived under their leadership, and we are excited about the future. The President’s encouraging words inspire us to keep elevating the tournament, cementing its place as a cornerstone of Zimbabwean cricket.”

He added, “We are committed to returning for the third season next September, determined to contribute to Zimbabwe’s cricketing success by showcasing their talent to the global stage. Our partnership with Zimbabwe Cricket will continue to grow stronger, as we move forward together, hand in hand, shoulder to shoulder.”

The government’s commitment, led by President Mnangagwa, extends far beyond the logistical support for the tournament. It has fostered unity among the people of Zimbabwe, as they rally behind their country’s newest cricketing chapter. The tournament has become a testament to Zimbabwe’s ability to host world-class events, driving collaborations between the government, private sector, and international investors in the sporting world.

His Excellency President Mnangagwa had remarked in his iconic speech, saying, “The Zim Afro T10 has once again brought together top cricketing talent from across the globe, and it is inspiring to see how the event has grown and captured the attention of fans in Zimbabwe and around the world. I had the honour of being here last year, to witness the inaugural Zim Afro T10 tournament, which not only captivated and motivated the sporting world but also set new benchmarks for the future of cricket. I would like to personally commend the organisers of this tournament for bringing the world’s first 90-minute cricket format to Zimbabwe. T10 is cricket is now a global force in the world of sports, with leagues being played across multiple countries including Abu Dhabi, Qatar, and Sri Lanka, among others. It is pleasing that Zimbabwe is a part of this incredible journey.”

As the Zim Afro T10 enters its next chapter, it is evident that the tournament will continue to shine as one of the most anticipated events on the global cricket calendar, with the unwavering support of Zimbabwe’s leadership propelling it to even greater heights.

Announcements

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

Published

on

Spread the love

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.

Continue Reading

Announcements

What the new DIFC investment fund proposals mean for investors

Published

on

Spread the love

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.

Continue Reading

Announcements

Good news for businesses: Sharjah slashes fees and fines

Published

on

Spread the love

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.

Continue Reading

Popular

© Copyright 2025 HEADLINE. All rights reserved

https://headline.ae/