Category Archives: Business
The United Arab Emirates has made a mark for itself as the favourable business centre in the middle east as well in the global market. The UAE has witnessed an increased influx of global business giants which has improved the country’s reputation as the best investment destination. The United Arab Emirates offers an attractive environment for conducting business attributed to the country’s diverse business opportunities and the liberal lifestyle of its citizens. Apart from hydrocarbon investments, other sectors that offer opportunities for potential international investors include; construction, manufacturing, tourism, entertainment, education, financial and trade services, and health services to name but a few.
Each month, Bayut.com reveals the top areas in Dubai for buying and renting both apartments and villas, along with price trends and comparisons to January 2018. This report is focused on how the Dubai property market fared in February 2018, based on listings and user searches on Bayut.com
Medication safety, antibiotic resistance, diagnostic errors, pressure ulcers, and sepsis, among others, will drive healthcare’s avoidable cost burden of $383.7 billion by 2022, finds Frost & Sullivan
In recent years, Dubai has been ascending the city innovation index, and it has now reached 14th place. This is largely due to this city’s improvement in its private sector skills, and in its scores for talent. For example, as a whole, innovation in the private sector in Dubai has improved 3%. The city innovation index, which is produced with the help of PwC ( PricewaterhouseCoopers) placed Dubai over cities such as Berlin, Madrid, and Shanghai. Nevertheless, there is still work to do if it wants to ascend even further and beat cities such as New York and London to the very top spots.
Automotive Data Monetization to Reach $33 Billion in Opportunities for OEMs by 2025, Finds Frost & Sullivan
Over 200 data points exist today that can typically provide more than 140 use cases, with the vehicles generating a value of almost $100 per car.
Best’s Special Report: Regulatory Reforms Lead to Bumper Profits for National Insurers in the United Arab Emirates
The insurance market of the United Arab Emirates (UAE) has continued its strong momentum in 2017 and returned exceptional profits, according to analysis of company results by A.M. Best.
The 2018 Pulse of the Profession®, a global survey conducted by Project Management Institute (PMI), reveals around $1 million is wasted every 20 seconds collectively by organizations around the globe due to the ineffective implementation of business strategy through poor project management practices. This equates to roughly $2 trillion dollars wasted a year.
A.M. Best has a negative outlook on the insurance markets of the Gulf Cooperation Council (GCC). Insurers in the GCC (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates) have historically enjoyed significant capital buffers and benefited from extensive reinsurance support; however, continuing headwinds could lead to potential volatility in the operating performance and capitalisation of market participants.
Best’s Special Report: Rated MENA Companies Maintain Strong Capitalisation Levels Despite Stifled Growth
Companies operating in the Middle East and North Africa (MENA) region have encountered supressed growth rates as economic and political uncertainties persist, although entities rated by A.M. Best have broadly maintained strong balance sheets.
thyssenkrupp’s MULTI elevator named finalist for Council on Tall Buildings and Urban Habitat’s prestigious Innovation Award
PMI’s Salary Survey Reveals that Project Management Practitioners with the PMP Certification Earn 23% More
Stable confidence levels in the region as the GCC adopts VAT, finds Global Economic Conditions Survey
Arabic.pdf Confidence in the Middle East is stable, even with the adoption of VAT in the GCC, according to the latest edition of the Global Economic Conditions Survey (GECS) released today.