Following the unprecedented Covid-19 global pandemic, 2021 must be a year of Sustainability and restructuring, for every organizations globally.  Business organizations must redesign, recreate, and adapt to be sustainable for the post Covid-pandemic recovery. Ok, here’s how: Digital transformation is a must, investment needs to be increased in digitalization Decide which part of the organization needs […]

The Economic Substance Regulations (ESR), supplemented by guidelines released on September 11, 2019, were issued by the United Arab Emirates Cabinet of Ministers.   However, the Economic Substance Regulations to applies to all entities engaged in a related operation in the UAE.   Including entities formed in free zones and financial free zones.   Also, In 2019, in […]

In January, DMCC will host six diamond tenders at the largest diamond tendering facility in the world, the Dubai Diamond Exchange. This follows last month’s record-breaking tender, which saw the highest ever rough diamond tender sales in the UAE. In addition to the usual long-term hosts, Trans Atlantic Gems Sales (TAGS), Stargems, and Rapaport, three new […]

Organizations in many instances hardly interact or maintain any client relationships  at the expiry of the business transactions. While a few others try to communicate with their clients to market a new product or distribute a newsletter publication. In addition, a strong client relationship involves effectively managing interactions with existing, past, and potential business clients […]

Innovation depicts newness, change, new products, new business processes, a new order of things, and with innovation comes positive change and business profitability if it’s done the right way. Business innovation happens when organizations introduce new processes, services, or products to affect positive change in their business. This plays out in the business models, revenue […]

The use of AI and Data Analytics in every organization has become essential in today’s business world. According to PwC, modern compliance must use robust technology and data analytics to assess their methods and the various businesses they engage in. The following are some of the key benefits of using AI for your business: AI […]

The 40th edition of GITEX Technology Week kicked off on the 6th of December 2020 at the Dubai World Trade Center, with Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Executive Council of Dubai inaugurating the event. Attendees include dignitaries and leading global organizations from several industries to […]

Big Data, like the name implies, is referred to as a huge volume and highly complex amount of data that is constantly growing at exponential rates. However, the unique characteristics of Big Data are its volume (size), velocity (speed), variety (nature), value (worth), and veracity(accuracy), making it impossible for traditional data processing software to manage. […]

Recent trends arising from the global pandemic has resulted in drastic lifestyle changes affecting both businesses and individuals and their interactions levels with each other. For many countries, another phase of lockdown is in full swing while others are gradually getting used to safety precautions in their social interactions. E-commerce has experienced a similar hike […]

With 49 years of continuous resilience, UAE has stood the test of time in ensuring a continuous enabling business environment for local and foreign direct investment across multiple business sectors amidst the global pandemic in 2020. The country takes pride in her continuous adoption of global best practices in business operations, multiple award winnings for […]