Ankush Chibber

Managing Editor

Ankush Chibber
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Ankush is a journalist hailing from India, who has edited and written for publications in his home country, the UAE, US, and UK. Previously the editor of Gulf Business in Dubai and of Entrepreneur in India, Ankush is a keen student of economics, a follower of Manchester United since 1996 and a disciple of Archer.

Waha Capital Sells Stake In Healthcare Diagnostics Firm

Waha Capital has sold its stake in Proficiency Healthcare Diagnostics to Al Borg Medical Laboratories, the largest chain of private laboratories in the Arabian Gulf region.Waha Capital, in which Mubadala Investment Company has a 15% shareholding, completed the deal... (contd.)
Dubai Science Center

New UAE Research Center To Finance 3,000 Scientists

Dubai has made a significant push towards scientific research, with the launch of the Mohammed bin Rashid Centre for Future Research today.Launched by H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President,... (contd.)

More & More Dubai Startups Are Taking To The Cloud, Says Report

More and more Dubai-based startups are using cloud computing to enable their businesses for growth and plan to spend more on it, a report from a technology park and a cloud services... (contd.)
EDB allocates $450 million to SMEs

UAE Offers Emirati-led SMEs A 450 Million Dirham Boost

The UAE's primary government lender will allocate a majority of its budget next year to support the country's under pressure small and medium enterprises (SMEs) sector.Emirates Development Bank (EDB), which lends only... (contd.)

The New Stars Of The Islamic Economy: LaunchGood & Sanda

This is part of the series: The New Stars Of The Islamic Economy, featured in the June/July 2017 issue of Inc. Arabia Magazine. Muslims account for one out of every four people on... (contd.)
Mubadala Tech Investments

Abu Dhabi’s Wealth Fund Ramps Up Tech Investments

Abu Dhabi's national wealth fund Mubadala is ramping up tech investments as part of its partnership with Japan's SoftBank, a key official from the firm revealed this week.According to Waleed al-Muhairi,  deputy group CEO... (contd.)
UAE tax launch

Post VAT, UAE Exploring New Taxes (No Income Tax, Though)

The United Arab Emirates (UAE) is considering introducing new taxes post the launch of the Value Addex Tax (VAT), the UAE Ministry of Finance has said.These taxes would be explored and implemented... (contd.)
GCC Economic Growth

Gulf Countries Can Expect To See Economic Growth In 2017, Swiss Bank Says

GCC countries can expect their economies to rebound as they adjust to a new normal of lower oil prices and an expected resurgence in global economies, analysis from a Swiss bank has... (contd.)

The New Stars Of The Islamic Economy: Finocracy Melds Finance, Ethics, & Technology

This is part of the series: The New Stars Of The Islamic Economy, featured in the June/July 2017 issue of Inc. Arabia Magazine. Muslims account for one out of every four people on... (contd.)
Bayzat raises funding

Bayzat Raises Additional $5 Million To Boost Growth

UAE-based HR and insurance platform Bayzat has announced that it has raised $5 million in funding as part of a Series A-1 round from a consortium of new and existing investors.According to a statement,... (contd.)
Sustainable Business Policies

Aim To Be A Sustainable Business, Unlock Value, MENA Businesses Told

Sustainable business policies could unlock as much as $637 billion in economic value for firms in the Middle East and North Africa (MENA), a new study has claimed.According to Better Business, Better World... (contd.)
UAE VAT law

Sign Up For VAT ASAP Or Face Dhs20k Fine, UAE Businesses Warned

UAE's primary tax authority is urging businesses to sign up for the Value Added Tax (VAT) as soon as possible and not to run afoul of the tax deadline.In a statement, the... (contd.)
UAE eatery sales declining

UAE’s F&B Businesses Are In For A 2018 Full Of Discontent

Restaurants and cafes in the UAE can expect their sales to decline further in 2018, primarily because of oversupply, a new report has said.The report from consulting and auditing firm KPMG, which... (contd.)
Surgery Crescent

Sharjah-based Crescent Enterprises Invests In Micro-surgery Robotics Firms

Sharjah-based conglomerate Crescent Enterprises has completed a $16 million investment in two US-based micro-robotic medical device companies, it announced today.According to a statement, the firms, ColubrisMX and XCath, were invested in through the multinational's... (contd.)
SME loans Noor Bank UAE

Dubai’s Noor Bank To Step Away From Unsecured SME Lending

One of the UAE's bigger banks has said that it would move away from unsecured lending to small and medium-sized enterprises (SMEs) in the wake of the SME debt crisis in the... (contd.)

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