Umar Farooq Zahoor

  The First International Conference on Metaverses Will Take Place in Dubai Says Umar Farooq Zahoor More than  1,000 participants  from 32 countries will immerse themselves in the atmosphere of the future, learn new strategies, trends and innovations from the world of the  metaverses  from well-known speakers. Cyber Future Conference dedicated to the world of metaverses will be held at the Address  Sky View Hotel on September 05, 2022 (Monday)  says Umar Farooq Zahoor. A metaverse is  a network of 3D virtual worlds focused on social connection  and it can be defined as a simulated digital environment that uses augmented reality (AR), virtual reality (VR), and blockchain. Metaverse is a kind of virtual world. With this technology, people can enter the digital world through virtual identity. In this virtual space, people also get a chance to hang out, shop, and meet friends. Metaverse combines several technologies such as  augmented reality, virtual reality,  machine learning, blockchain

  Bearing the theme   ‘Connecting Minds, Creating the Future’ , the world expo 2020 was scheduled on October 2020, in Dubai. Having known about the COVID-19, it is now rescheduled to the 1st of October 2021 to the 31st Of March 2022. This will still be hosted by Dubai, this is the first big world expo to happen in the regions of Middle East, Africa and South Asia. This expo is bringing people together amidst the global pandemic. 192 countries are taking part in this expo 2020. Though this is going to be held in the year 2021, the name once for all remains the same. Revolving around the theme It is planned to be held in the 1083-acre site located near Dubai’s southern border with Abu Dhabi. It is enclosed by three districts, representing the themes Opportunity,  Mobility and Sustainability  , along with the main theme,  ‘Connecting Minds, Creating the Future.’  Sustainability brings in light, Sheikh Umar Farooq Zahoor , a well renowned entrepreneur and a philanthropist who strongly supp

  The fact is nothing new is that Dubai is a hub of events. Whether a summit or a Dubai shopping festival, Dubai is always standing in the front row to encourage such programs. It is already mid-year of 2021, and almost half of the summit and events has already made the new headline, and some are preparing to make some exciting headline. Dubai celebrated the   cryptocurrency event Social Knockout on 30 July 2021   at Coca-Cola Arena among the crowd of summits and events. With the commencement of the Social Knockout in Coca-Cola Arena, a new history has been written. The concept of cryptocurrency is entirely new but gained immense popularity. And Social Knockout is the world’s first cryptocurrency event that has become one of the most successful and unforgettable programs for boxing fans, the city's royal family, and a thousand fans of social influencers. To those who don’t have any idea what social knockout is and are still confused. Here is the answer. As you all, know social medi

  According to the research work of   Sheikh Umar Farooq Zahoor   it’s mentioned that Suhail bin Mohammed Al Mazrui, on 18th April 2021 in Abu Dhabi, stated that the UAE’s supervision in worldwide competitiveness pointers related to energy, especially green energy is another observational attainment to decorate the UAE’s records of excellence which resumes developing despite the provocations that   occurred by the ongoing COVID-19 pandemic . He further said that UAE’s ranking among the topmost countries in the world indexes epitomizes the role of these major trends in boosting UAE’s eminence through the forthcoming 50 years and speeding up the achievement of the UAE Centennial 2071. All this is possible because of the massive support of all the upper bodies, the president, his highness, Sheikh Khalifa Bin Zayed Al Nahyan, his highness Sheikh Mohammed bin Rashid Al Maktoum and the prime minister, vice president, and the ruler of Dubai as well as proclaimed by Sheikh Farooq Zahoor. They

  There has tremendous interest in cryptos because people see this as the future payment gateway system, especially those who have held on to them for a longtime and are now looking to cash them,   Sheikh Umar Farooq Zahoor , former director of AMERI GROUP. Many developer, delivery firms says will accept Cryptocurrencies  Bitcoin and Ethereum  as payment. For example YallaMarket payment system accepts stable coins  USDT (Tether) and USDC. These are blockchain-based cryptocurrencies whose tokens in circulation are backed by an equivalent amount of US  dollars,  making them stablecoins with a price pegged to $1.00. So, bananas — one of the most popular items, which costs Dh7 on average, can be purchased for 1.91 USDT. Besides launching a new payment method for its customers, many startup is also geared up to receive crypto investments from MENA-based partners and is considering paying salaries via  digital assets  in the future. According to YouGov, 67 per cent of UAE residents say they

  Climate change has not diminished as well as its connection with human well-being and poverty is increasingly visible as pointed out by   Shiekh Umar Farooq Zahoor . If not checked, it would push 132 million people into poverty over the next 10 years, undoing hard-wind development gains. Countries now have the opportunity of a one-time generation to position themselves on the path to green, resilient and inclusive development. As proclaimed by Sheikh Farooq Zahoor, decisions made now will determine how the world achieves the progress of renewable development, the creation of sustainable employment and the experience of low-carbon, stable economic transformation. The United States and the United Arab Emirates pledged in early April to help finance the economy by investing in clean technology across the Middle East and North Africa — a sign of new climate diplomacy, the success of which will depend on the region’s fossil-fuel dependent economies. In action. The IMF and Climate Change T

Sheikh Farooq Zahoor mentioned that the UAE oil storage firm named BPGIC is in discourse to purchase a green energy plant as it focuses to enlarge its business while contributing to the universal push to fight climatic changes, told by a source close to Reuters. Brooke Petroleum And Gas Investment Company are in talks with mainly two firms, Serbia's Storengy- which renews energy solutions & Austria's Heliovis AG- which is a solar energy equipment supplier, as pointed out by Sheikh Farooq Zahoor.  The BPGIC focuses to give a final verdict on acquiring one of these companies by the third quarter of this year, Sheikh Umar Farooq Zahoor informed. The BPGIC, which was established back in 2013 is one of the greatest holders of storage assets in Fujairah, which is among the seven Emirates of UAE. Fujairah is one of the largest ship refueling pivots's on the globe due to its great location which is just outside the Strait Of Hormuz. Strait of Hormuz is a vital shipping aisle f

 The debate on how to improve the scenario of renewable energy across the world is over. Many countries across the world are planning to focus on increasing their national energy baskets. UAE intends to expand the use of new energies in pursuit of such goals as exploiting renewable resources that are not oil-dependent. The Emirates has become a hub for clean energy technology, providing funding to build renewable energy projects around the world and investing millions of dollars in fundamental research on energy, water, microelectronics, advanced materials and transport systems said Sheikh Umar Farooq Zahoor, being a serial entrepreneur and an interested active investor in oil, gas, and energy, he is one of the closest sources to discuss the present scenario and future plans of UAE on renewable energy. UAE Investing In Renewable Energy Generation As per the reports and different sources like Sheikh Umar Farooq Zahoor , an investor in Oil, Gas & Energy - United Arab Emirates has a

In a few recent years, Dubai has come up as a very up and coming place for investment. People from all over the world have started to migrate and settle there. Dubai is providing them with better living standard, work-life balance, sense of security, shopping avenues and a glamorous lifestyle. The beautiful city has become a merging point of all the cultures from all over the world. The government policies and bodies are always supportive of their citizens with strict law and order already enforced. Not only this, but Dubai has also accepted innovation and technology with open arms by investing a significant sum on it. Green energy has also come up as a substantial investment for Dubai.   Real estate, tourism and SMEs are coming up as hot spots for investment. Despite COVID-19 hitting the world, Dubai has started to recover from the losses. Due to the ever migrating population towards Dubai, there is an increasing need for accommodating the people. The city is actively investing in the

 Umar Farooq Zahoor, a triumphant businessman, trader and philanthropist who is also a renewable energy enthusiast said in relation to Oil and gas sector in UAE that ‘’Factors, such as massive investment in upstream and government policies, are likely to drive the UAE oil and gas market during the forecast period. The UAE oil & gas market is expected to be powered by this investment in the upstream, midstream, and downstream sectors in the projected timeframe. A growth of more than 7.5% is expected to be reported on the UAE oil and gas market. It is anticipated that the project will increase country refining capacity by 65%, to 1.5 million barrels per day by 2025. The United Arab Emirates Government is, however, anticipated to change oil and gas investment to increase domestic and alternative energy investments that are likely to hinder demand growth over the forecast period. Due to investments in discoveries in the region, the oil and gas upstream industry is expected to dominate