Bearys Chamber of Commerce and Industry UAE Chapter to provide investment platform for start-ups
Dubai: Bearys Chamber of Commerce and Industries (BCCI) UAE Chapter in a bid to support and encourage young entrepreneurs has decided to provide investment platform for start-ups and Small & Medium Sized Enterprises (SMEs) initiated by youngsters.
Speaking after the executive body meeting of the UAE Chapter at the Holiday Inn Hotel in Al Barsha of Dubai, SM Basheer, President of BCCI UAE Chapter informed about the organisation’s plans of providing a platform to bridge between the start-ups, SME and potential investors.
“In today’s competitive world, some of the business ideas, start-ups and SMEs initiated by young minds have gone up to become renowned brands in international market. Some of the youngsters lack initial investments to fund their ideas. The BCCI will provide platform for the young entrepreneurs to present their ideas in front of the potential investors” Basheer said.
BCCI UAE Chapter Vice President, Abdulla Madumoole added that the applicants can send their requests for investments on admin@bcciuae.com on or before November 30. The selected applicants will be provided a platform during the BCCI Investor’s conference in Dubai later.
BCCI UAE Chapter Secretary Abdur Rauf, Hamza Abdul Qader, Mohammed Ali Ucchil, Naveed Magundi, Imran Khan and others were present during the event.
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Govt trying to procure gas, crude oil from all possible sources: PM Modi
New Delhi (PTI): Prime Minister Narendra Modi on Tuesday said the government is trying to procure gas and crude oil from all available sources, and efforts will continue in the coming days as the war in West Asia has created a serious energy crisis globally.
In a statement in the Rajya Sabha, Modi said the war in West Asia is a cause of concern, and India wants peace in the region through dialogue and diplomacy.
India's aim is de-escalation of the war and opening of Strait of Hormuz, he said, adding the country's attempt is to encourage all sections to peacefully resolve all issues.
If the West Asia crisis persists for a longer period, serious consequences are imminent, the prime minister said.
Commenting on India's efforts for energy security, he said in the past 11 years, 53 lakh MT strategic oil reserves have been created; work on 65 lakh MT additional capacity is on.
Besides, the government has started a Rs 70,000-crore project to manufacture ships, he added.
