Daily Archives: June 19, 2017

Which country has the best environment for Tech Startups in MENA?

The MENA region is trending on tech startups and its success, but more importantly, UAE is taking lead with its smooth business start-up systems and an enabling environment to support innovation. The Emirate has the highest number of venture capitals in the MENA region –currently possessing 19 venture capitals. According to founder and co-founders of tech start-ups, there is, even more, ease operating in a free zone as compared onshore, as free zones are indeed free from complex bureaucratic and regulatory procedures. The free zones help simplify things by aiding in areas such as visa acquisitions, residence permits, documentation and bank accounts. Series of success story testimonies within the tech start-up area makes it an attractive sector and a booming one for UAE. read more

Posted in Business, ICT | Tagged , , , , | Comments Off on Which country has the best environment for Tech Startups in MENA?

Dubai Date Export Can Achieve More Returns Even After 2016’s $85.1m

Dubai has made an impressive progress in date export. The country’s total date trade in 2016 amounted to 221.7 million USD, with export representing the largest share (85.1 million USD), imports (72.1 million USD) and re-exports (64.5 million USD) in the trade value. The growth of the sector between 2011 and 2015 is recorded at 34.1 percent compound annual growth In 2015, the country was offering the best prices of dates being imported to Europe the lead market as some leading markets in Europe and North America had a tight price. The price of dates exported from Dubai in 2016 was 786 USD/ton, while the price for re-exports and imports were 405 USD/ton and 399 USD/ton, respectively. read more

Posted in Business | Tagged , | Comments Off on Dubai Date Export Can Achieve More Returns Even After 2016’s $85.1m

UAE Ranked Third Best Jurisdiction For Accounting And Tax Compliance

The UAE has been attracting international investors with ease due to the Emirate’s simplified business registration, accounting, and tax systems. Based on this ease of operating, the TMF Group’s inaugural Financial Complexity Index 2017 has revealed that the UAE is the third least complex jurisdiction in the world for accounting and tax compliance. The Financial Complexity Index which was ranked using key metrics such as the accounting, tax rules, and regulations in different jurisdictions, and risks associated with non-compliance in these areas, showed that all the five least complex jurisdictions in the Index have simplified reporting requirements and beneficial tax rates to encourage investment. read more

Posted in Business | Tagged , , , , , , | Comments Off on UAE Ranked Third Best Jurisdiction For Accounting And Tax Compliance

Advancements in Autonomous Flying and VTOL Technologies Poised to Make Limited Commercial Applications of Flying Cars a Possibility by 2035

Partnerships between flying car, automotive, aerospace and technology companies will drive new growth opportunities, finds Frost & Sullivan’s Mobility team read more

Posted in Business, ICT | Tagged , , , , | Comments Off on Advancements in Autonomous Flying and VTOL Technologies Poised to Make Limited Commercial Applications of Flying Cars a Possibility by 2035

ICT HEALTH Wins ‘2017 UAE Healthcare IT Service Provider of the Year Award’ at the 2017 Frost & Sullivan Middle East Best Practices Awards

ICT Health LLC was named ‘2017 UAE Healthcare IT Service Provider of the Year‘ at the 2017 Frost & Sullivan Middle East Best Practices Awards Banquet held on the 24th of May at Atlantis, The Palm in Dubai. read more

Posted in Events, ICT | Tagged , , , , , , , , | Comments Off on ICT HEALTH Wins ‘2017 UAE Healthcare IT Service Provider of the Year Award’ at the 2017 Frost & Sullivan Middle East Best Practices Awards