Category Archives: Magazine

OBG BUSINESS BAROMETER: UAE CEO SURVEY PUBLISHED Findings point to long-term confidence & untapped potential

Three-quarters of CEOs interviewed in the UAE by the global research and consultancy firm Oxford Business Group (OBG) for a new survey said their company was likely or very likely to make a significant capital investment in the coming 12 months. read more

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Citizenship by investment Programmes are the new insurance policy of the 21st century for businesspersons and international families

Micha-Rose said: “Citizenship by investment programmes are becoming increasingly popular among businesspersons and international families because they truly are the insurance policy of the 21st century.” The advantages are clear – flexibility, mobility, and the freedom to live and work in an increasingly global environment.” read more

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How Small Business can prepare for VAT implementation in the UAE

It has been a while since the UAE and the other GCC countries signed an agreement to implement VAT by 1 January 2018. For many companies there may be a misconception that just because it is going live in 2018, they can wait until then before they start the process of preparing for VAT. read more

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Digital Shadows lifts the lid on credit card fraud gangs cashing in on $24 billion a year

  • Reveals step up in sophistication with Russian language e-learning courses, allowing aspiring criminals to make $12k in monthly earnings
  • A snapshot of just two of the most popular criminal forums finds 2 million card holder details are on sale

Digital Shadows, the industry leader in digital risk management, today reveals the findings of an in-depth study carried out by its team of multilingual analysts assessing the changing habits and tactics of organized credit card fraud gangs. It points to increased sophistication of a professional ecosystem as fraudsters seek to up-skill themselves and novice would-be cyber criminals. read more

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GCC Diversifies into Non-oil Sectors to Achieve Macroeconomic Stability amid Oil Price Fluctuations

GCC countries to use more renewable energy resources to preserve the oil wealth, finds Frost & Sullivan’s Visionary Innovation team read more

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UK’S FIRNAS AIRWAYS LAUNCHES INNOVATIVE EQUITY CROWD-FUNDING SCHEME TARGETING GCC INVESTORS

Start-up airline bids to raise up to US$1.29 million in capital via Dubai-based Eureeca.com as it eyes 2018 launch read more

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GCC Businesses are still not prepared for VAT Implementation finds new survey

With less than six months until the GCC implements value added tax (VAT), a new survey from ACCA (the Association of Chartered Certified Accountants) and Thomson Reuters has found that there is a significant lack of preparation and awareness among businesses in the region of how it will affect them. read more

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Unified Communications Market in the Gulf Grows through Competitive Pricing, Customer-friendly Service, and Comprehensive Offerings

Government, oil and gas and BFSI sectors dominate in the UC applications and services market, finds Frost & Sullivan’s Digital Transformation team

Growth in unified communications (UC) applications and services due to the global shift from time division multiplexing (TDM) to the Internet protocol-private branch exchange (IP-PBX) telephony model is reflecting in the Gulf Cooperation Council (GCC) market as well, though at a lower rate. Cloud adoption is presently low in the region when compared with other developed and developing nations, but industry participants remain optimistic as digital investments are a priority for GCC. However, customers will seek a wide range of UC offerings at attractive price points through a single provider. read more

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Customization and Cost Benefits over Traditional Manufacturing Attract Investments in 3D Printing Technology from Healthcare Facilities Globally

The growing demand for patient-specific products and the reduced cost barrier associated with traditional product manufacturing creates vast growth opportunities for technology innovators, finds Frost & Sullivan’s Transformational Health team read more

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OMA Emirates Enhances Mashreq Bank Point of Sales Terminals for Greater Customer Experiences

Niranj Sangal, Group CEO, OMA Emirates

OMA Emirates, a provider of cutting edge technology for the payment industry has recently completed the deployment of Ingenico Point of Sale (POS) terminals for Mashreq Bank in the UAE.   The terminals which meet with the bank’s specific requirements for superior performance will provide new, secure and a wider range of services for their customers in a cost effective manner. read more

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