Supermodel-turned-businesswoman Tyra Banks will visit Abu Dhabi later this month as part of a delegation of female US technology entrepreneurs who will share their insights and explore the emirate as a gateway for global expansion of their companies.
The Women of Web3 delegation will be hosted by Access Abu Dhabi, an initiative powered by the Abu Dhabi Investment Office (Adio) and Maven Global that aims to help US companies led by women and minority entrepreneurs to expand in Abu Dhabi and serve as a gateway for the wider Middle East market, Adio said in a statement on Thursday.
Ms Banks will also headline the inaugural session of the Access Granted talk series on Thursday, May 26 in Abu Dhabi, where she will be joined by Mohammed Al Shorafa, chairman of the Abu Dhabi Department of Economic Development, the government entity overseeing Adio’s activities.
“With abundant opportunities for innovative businesses in Abu Dhabi, Adio is committed to supporting companies seeking growth in and from the emirate,” Mr Al Shorafa said.
“Access Abu Dhabi provides a gateway for entrepreneurs from all backgrounds to plug into an empowering, enabling ecosystem for business expansion to the Middle East.”
The programme is part of the emirate's strategy to convince global companies to set up their regional bases in Abu Dhabi. Its ambassador will be businessman Kevin O'Leary, the star of the business reality show Shark Tank.
Small and medium enterprises are the backbone of the UAE economy, comprising 98 per cent of the total companies operating in the country.
As of 2018, there were 54,234 SMEs in the UAE capital, of which 33,760 were micro, 18,945 were small and 1,529 were medium enterprises, according to the Statistics Centre Abu Dhabi.
The emirate’s recent steps to further enhance the economic climate and stimulate private establishments include reducing the number of requirements to start a business by 71 per cent and slashing business set-up fees by more than 90 per cent.
Abu Dhabi is focusing on using advanced technology to develop its non-oil sector and reduce its reliance on hydrocarbons. Adio is enabling private sector participation in the broader economy through public-private partnerships and by helping to attract foreign investment.
Ms Banks, a former fashion model, is now a media and business pioneer whose portfolio includes the production company, Bankable Productions, which has made shows such as The Tyra Banks Show and America’s Next Top Model.
Her latest business venture, premium ice cream brand Smize Cream, is gearing up to expand globally.
“The UAE has been really impressive when it comes to investing in innovation,” the former model said.
“I’m thrilled to be here to share my entrepreneurial journey, discuss strategy and explore how Abu Dhabi can be a part of its next big chapter.”
Ms Banks will discuss the opportunities and challenges that exist for women in business and technology, and how she plans to incorporate Web3 into her business model.
Speakers at the Access Granted event will also discuss opportunities for women in business in Abu Dhabi, the Adio statement added.
The delegation of female leaders in cryptocurrency, blockchain and other Web3 technologies will talk about the challenges, opportunities and future of this space, according to the statement. They will also meet cryptocurrency, blockchain and Web3 business leaders, and business set-up service providers to explore Abu Dhabi’s opportunities, Adio said.
As part of the Access Abu Dhabi programme, curated delegations of notable Americans will gain an insider's experience of Abu Dhabi’s advanced infrastructure, hyper connectivity, competitive talent pool, lifestyle and business opportunities.
These crucial groups will help to spread the word of the emirate’s advantages among their respective communities back home, Adio said.
The UAE and US have enjoyed strong ties for decades. The Emirates has been the top export market for US goods in the entire Mena region since 2009, with a value of $14.75 billion, according to the UAE Embassy in Washington.
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UAE currency: the story behind the money in your pockets
Tips to stay safe during hot weather
- Stay hydrated: Drink plenty of fluids, especially water. Avoid alcohol and caffeine, which can increase dehydration.
- Seek cool environments: Use air conditioning, fans, or visit community spaces with climate control.
- Limit outdoor activities: Avoid strenuous activity during peak heat. If outside, seek shade and wear a wide-brimmed hat.
- Dress appropriately: Wear lightweight, loose and light-coloured clothing to facilitate heat loss.
- Check on vulnerable people: Regularly check in on elderly neighbours, young children and those with health conditions.
- Home adaptations: Use blinds or curtains to block sunlight, avoid using ovens or stoves, and ventilate living spaces during cooler hours.
- Recognise heat illness: Learn the signs of heat exhaustion and heat stroke (dizziness, confusion, rapid pulse, nausea), and seek medical attention if symptoms occur.
Results:
6.30pm: Maiden Dh 165,000 1,400m.
Winner: Walking Thunder, Connor Beasley (jockey), Ahmad bin Harmash (trainer).
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Winner: Syncopation, George Buckell, Doug Watson.
7.40pm: Maiden Dh 165,000 1,400m.
Winner: Big Brown Bear, Pat Dobbs, Doug Watson.
8.15pm: Handicap (75-95) Dh 190,000 1,200m.
Winner: Stunned, Pat Dobbs, Doug Watson.
8.50pm: Handicap (85-105) Dh 210,000 2,000m.
Winner: New Trails, Connor Beasley, Ahmad bin Harmash.
9.25pm: Handicap (75-95) Dh 190,000 1,600m.
Winner: Pillar Of Society, Pat Dobbs, Doug Watson.
Company%20profile
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The language of diplomacy in 1853
Treaty of Peace in Perpetuity Agreed Upon by the Chiefs of the Arabian Coast on Behalf of Themselves, Their Heirs and Successors Under the Mediation of the Resident of the Persian Gulf, 1853
(This treaty gave the region the name “Trucial States”.)
We, whose seals are hereunto affixed, Sheikh Sultan bin Suggar, Chief of Rassool-Kheimah, Sheikh Saeed bin Tahnoon, Chief of Aboo Dhebbee, Sheikh Saeed bin Buyte, Chief of Debay, Sheikh Hamid bin Rashed, Chief of Ejman, Sheikh Abdoola bin Rashed, Chief of Umm-ool-Keiweyn, having experienced for a series of years the benefits and advantages resulting from a maritime truce contracted amongst ourselves under the mediation of the Resident in the Persian Gulf and renewed from time to time up to the present period, and being fully impressed, therefore, with a sense of evil consequence formerly arising, from the prosecution of our feuds at sea, whereby our subjects and dependants were prevented from carrying on the pearl fishery in security, and were exposed to interruption and molestation when passing on their lawful occasions, accordingly, we, as aforesaid have determined, for ourselves, our heirs and successors, to conclude together a lasting and inviolable peace from this time forth in perpetuity.
Taken from Britain and Saudi Arabia, 1925-1939: the Imperial Oasis, by Clive Leatherdale
Specs
Engine: Dual-motor all-wheel-drive electric
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Available: Now
Sweet%20Tooth
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New schools in Dubai
Global state-owned investor ranking by size
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United States
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China
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UAE
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Japan
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Norway
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Canada
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Singapore
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Australia
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Saudi Arabia
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South Korea
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Essentials
The flights
Emirates and Etihad fly direct from the UAE to Geneva from Dh2,845 return, including taxes. The flight takes 6 hours.
The package
Clinique La Prairie offers a variety of programmes. A six-night Master Detox costs from 14,900 Swiss francs (Dh57,655), including all food, accommodation and a set schedule of medical consultations and spa treatments.
Tearful appearance
Chancellor Rachel Reeves set markets on edge as she appeared visibly distraught in parliament on Wednesday.
Legislative setbacks for the government have blown a new hole in the budgetary calculations at a time when the deficit is stubbornly large and the economy is struggling to grow.
She appeared with Keir Starmer on Thursday and the pair embraced, but he had failed to give her his backing as she cried a day earlier.
A spokesman said her upset demeanour was due to a personal matter.
The rules on fostering in the UAE
A foster couple or family must:
- be Muslim, Emirati and be residing in the UAE
- not be younger than 25 years old
- not have been convicted of offences or crimes involving moral turpitude
- be free of infectious diseases or psychological and mental disorders
- have the ability to support its members and the foster child financially
- undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
- A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
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