Dennis Schulz

Kerala is stepping into the global investment spotlight with the Invest Kerala Summit 2024, a key event aimed at attracting major deals from the UAE, Germany, and France. With a focus on green energy, tourism, manufacturing, and research, the summit is expected to drive new partnerships that will shape Kerala’s economic future. The event will also feature a roadshow in Dubai, Qatar, and Riyadh, strengthening Kerala’s ties with international investors. This push for global investment isn’t new—Kerala has been actively engaging with foreign markets. The state’s recent participation in the Annual Investment Meeting in Abu Dhabi showcased its potential across multiple industries, drawing interest from businesses and policymakers in the Gulf region. To make investing easier, Kerala has also launched the Invest Kerala Portal, a one-stop destination for entrepreneurs looking to establish or expand their businesses in the state. For the UAE, Germany, and France, Kerala presents an attractive i...

The cruise industry is surging, and Royal Caribbean is leading the way. With a massive 36% dividend increase and a $1 billion stock buyback, they’re showing major confidence in luxury cruising’s future. But what does this mean for global cruise destinations? As Royal Caribbean expands, key ports in the UAE, US, UK, Italy, Japan, and Spain are set to see more ships, more passengers, and bigger experiences. The UAE, with its world-class cruise terminals in Dubai and Abu Dhabi, is positioned to become a luxury cruise hub for the Middle East, while Miami and Southampton remain dominant in the US and Europe. Luxury cruising isn’t just about sailing—it’s about premium travel experiences. New ships like the Star of the Seas, set to launch in 2025, will redefine high-end cruising. Plus, with Celebrity Cruises earning a four-star rating from Forbes Travel Guide, the industry is shifting toward a more exclusive, resort-style experience. For travelers in the UAE, US, Italy, Japan, and...

The United Arab Emirates (UAE) has been recognized as one of the top 10 countries worldwide for the number of artificial intelligence (AI) companies per million population, according to the Global AI Competitiveness Index developed by the International Finance Forum (IFF) and Deep Knowledge Group.  This ranking underscores the UAE's strategic investments and forward-thinking policies in the field of AI. In 2017, the UAE became the first nation to appoint a Minister of State for Artificial Intelligence, signaling its commitment to becoming a leader in AI innovation. The government's AI Strategy 2031 aims to contribute AED 335 billion (approximately USD 91 billion) to the nation's GDP by 2031 and reduce operational costs by 50% through AI integration. To support these ambitious goals, the UAE has launched several initiatives to attract and develop AI talent. The Golden Visa program offers 10-year residency to AI professionals, encouraging experts from around the world to cont...