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Studies of natural disasters and anthropogenic losses in the countries of the Persian Gulf indicate the need to manage corporate risks

July 29, 2018 UAE Business 0

The member countries of the Gulf Cooperation Council have traditionally been subject to a low level of weather-related requirements, although Cyclone Mekunu, who struck Oman in May 2018, Super Cyclone Gonu in 2007 and floods in the United Arab Emirates (UAE) and Saudi Arabia serve as a reminder that the region is not completely free of natural disasters. Read more

Five Risks to Avoid While Buying a Home in Dubai

July 25, 2018 UAE Business 0

Home buying is no joke if you are someone investing your life’s savings in the big dream of being a homeowner. A real estate investor looking for a second home to rent out, needs to be cautious too. After all, everyone looks at real estate as an alternative to savings, to earn higher rate of returns and to find a nest to spend the rest of their life with their loved ones. Read more

Al Basel Group’s new jewelry business in KSA to boost localization efforts

July 12, 2018 UAE Business 0
  • The opening of Albairaq for Diamonds and Jewelry in late 2018 to provide more than 50 percent job opportunities to Saudi nationals
  • Group eyes investments in KSA’s thriving education sector in line with Saudi Vision 2030

Al Basel Group, one of the leading groups of companies in the UAE that offers a range of specialized services for high-profile clients, announced its plans to launch a new jewelry business in the Kingdom of Saudi Arabia (KSA) in line with its expansion plans in the region. Read more

H3 Zoom.AI for Smart Cities, Pioneering High-Rise Inspections Using A.I. & Drones

July 10, 2018 UAE Business 0

H3 Dynamics Holdings announces the launch of H3 Zoom.AI, a new cloud-based and artificial intelligence enabled services platform that connects with camera drones to offer a safer, faster, and more accurate alternative to dangerous, difficult to reach, or mass-scale maintenance inspection activities around the world, improving worker safety, reducing downtimes and improving productivity. Read more

Businesses Collect More Data Than They Can Handle, Reveals Gemalto

July 10, 2018 UAE Business 0
  • 65% of organizations can’t analyze or categorize all the consumer data they store
  • 68% of IT professionals believe their organizations are failing to carry out all procedures in line with data protection laws
  • Only 54% of companies know where all of their sensitive data is stored

With pressure to ensure consumer data is protected mounting, Gemalto, the world leader in digital security, today released the results of a global study which reveals that two in three companies (65%) are unable to analyze all the data they collect and only half (54%) of companies know where all of their sensitive data is stored. Compounding this uncertainty, more than two thirds of organizations (68%) admit they don’t carry out all the procedures in line with data protection laws such as GDPR. Read more