A number of countries across the Gulf and Middle East and North Africa, including the UAE, are stepping up investments in companies and initiatives that develop local food supply chains.
Dana, which supports desert-tech and agri-tech start ups with at least one woman founder, has agreed a deal with Masdar City to set up an R&D beta facility in Abu Dhabi.
Chief Executive of Dana, Zada Haj, talks to co-hosts Kelsey Warner and Mustafa Alrawi about the importance of building up the sector amid growing concerns about food security in the Mena region amid climate change, conflict in Ukraine and Covid-disrupted supply chains.
In this episode
Dana's role in food security and women-led startups (0m 16s)
The birth of Dana and its mission in the region (7m 37s)
Adapting for the different markets of the Mena region (16m 19s)
Making investors look at the bigger picture (22m 12s)
Read More
Masdar City and investment platform Dana sign pact to advance food security in UAE
Can the UAE’s agritech plans help meet the global food challenge?
UAE to invest $2 billion in Indian 'food parks' and explore clean energy projects
What is double taxation?
- Americans living abroad file taxes with the Internal Revenue Service, which can cost hundreds of dollars to complete even though about 60 per cent do not owe taxes, according to the Taxpayer Advocate Service
- Those obligations apply to millions of Americans residing overseas – estimates range from 3.9 million to 5.5 million – including so-called "accidental Americans" who are unaware they hold dual citizenship
- The double taxation policy has been a contentious issue for decades, with many overseas Americans feeling that it punishes them for pursuing opportunities abroad
- Unlike most countries, the US follows a citizenship-based taxation system, meaning that Americans must file taxes annually, even if they do not earn any income in the US.
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
Our legal advisor
Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.
Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation.
Education: Sagesse University, Beirut, Lebanon, in 2005.
TV (UAE time);
OSN Sports: from 10am
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