Category Archives: Business
New business models such as Mobility-as-a-Service to gain traction with the integration of multiple mobility platforms, finds Frost & Sullivan
A.M. BestÂ believes there are significant opportunities for takaful operators in most Middle East and North Africa (MENA) markets to provide sound financial protection that is in line with consumersâ€™ religious sensibilities, taking into account the huge global Muslim population. However, these opportunities continue to remain disappointingly unrealised, with takaful companies struggling to establish strong business profiles.
Biz Guardâ€™s bid to introduce new credit risks mitigation concepts for banks and financial institutions in UAE
History of events of credit defaults by entities from the trading sector has generally been a discouraging factor for the financial sector to engage in financing, which is a sheer opportunity loss for both the sectors as the trading sector contributes to a fairly large part of the countryâ€™s GDP. Envisioning the expected positive impact of Expo 2020 in future will further bring promising opportunities of business growth for all players in the country and as well as in the Middle East region. Such growth entails the need to facilitate the building of better financing environment for benefits of both the financial and trading sectors.
Consumers Vow to Punish Businesses that Fail to Safeguard Their Data and Reward Those that Put Data Protection First
New findings from a global research study byÂ Veritas Technologies, a leader in multi-cloud data management, reveal that consumers have little trust in organizations to safeguard their personal data. With more and more companies suffering data breaches and hackers seemingly one step ahead, almost one in five (19 percent) consumers in the UAE believe most businesses don’t know how to protect their personal data.
New MEFMA report forecasts FM industry revenues in the GCC to continue growing by 10 per cent annually
- Regionâ€™s increasing number of construction projects seen to drive in more growth
- Market consolidation prompts increase in Mergers & Acquisition activities
Â A report from the Middle East Facilities Management Association (MEFMA) confidently forecasts that revenues for the GCC regionâ€™s FM industry will continue to grow at 10 per cent annually for the next two years. The bullish outlook complements the region’s thriving FM segment with local firms placing key focus towards further growing their core business lines. The statement, which is the result of a survey commissioned by MEFMA, attributes the expected growth to drivers like the increasing demand generated from the region’s portfolio of construction projects and an expanded scope of work coming from existing clients.
Telematics, E-Commerce and 3D Printing Drive New Growth Opportunities in Global Automotive Aftermarket
Integrated mobility management platforms and data monetisation key to future success, finds Frost & Sullivan
Based on an analysis of over 94,000 property listings on leading property portal Bayut.com, Abu Dhabi property rental and sales prices reported a fairly mixed trend in February 2018. The report gauged user interest in popular areas across the capital and compiled lists of top areas for renting and buying property in Abu Dhabi and the percentage change in prices compared to January 2018.
In a recent news feature published by BBC, using free SEO tools and resorting to PPC or pay per click advertising were named as some of the most cost effective ways of making your presence felt in the online marketplace. As specialists like Nenen, dealing with PPC marketing in Dubai, will explain, pay per click marketing is when a website owner pays Google for showcasing advertisements on relevant websites. When your advertisement is clicked on, you pay a CPC or cost per click to Google.
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.