Tag Archives: Dubai
Mercer’s annual Cost of Living Survey finds African, Asian, and European cities dominate the list of most expensive locations for working abroad
- Luanda overtakes Hong Kong as the most expensive city for expatriates to live in according to Mercer’s 23rd annual Cost of Living Survey.
- Victoria in the Seychelles ranks 14th most expensive city sharing the same ranking with Moscow.
- Cape Town, Blantyre and Windhoek ranks amongst the 15 cheapest cities globally.
In a rapidly changing world, mobility has become a core component of multinational organizations’ global talent strategy. To support the growing number of international assignees working in an increased number of locations, organizations are focusing on evaluating assignments from a cultural perspective, preparing for regional and lateral moves, and modifying compensation approaches to stay competitive. As organizations grapple with these challenges, they are working hard to accommodate the needs of their workforce and to support employees’ careers. According to Mercer’s (www.Mercer.com) 2017 Global Talent Trends Study, fair and competitive pay as well as opportunities for promotion are top priorities for employees this year – not surprising given the current climate of uncertainty and change.
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.
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.
Patchi Holds Ground-breaking Ceremony for Region’s Largest Chocolate Manufacturing Facility at Dubai Industrial Park
122,000 sq feet facility to include production zones, stores, service areas and Patchi’s new state-of-the-art headquarters
The Maritime Standard launches its call for nominations for its 2017 Awards on 15th May.
- PR Index first of its kind to identify the best PR agencies in the UAE from journalist’s’ perspective
- 200 journalists polled on quality of PR agency content and level of support
- PR Index will enable companies to select PR agencies based on key quality measurement criteria
Content Plus, the Dubai-based consultancy, today launched the UAE’s first ever Public Relations Index. Driven by a poll of 200 journalists on their perspectives of public relations (PR) agencies and professionals in the UAE, the unique index identified the top 10 PR agencies based on two key criteria: quality of content and effective engagement with the media by evaluating their level of support, fast follow up and interaction. Additionally, these criteria were rated individually as part of two sub-indices. The index also revealed the most active PR agencies in the UAE.
MOLOCAHO by Amorette unveils its signature $98,000 Tanzanite encrusted luxury furniture at INDEX Design Series 2017
-award winning designer, Jacqueline Mengi debuts M-Luxury Collection in Dubai-
City-wide lighting overhauls expected with huge growth opportunities for companies, finds Frost & Sullivan’s Energy & Environment team
China Merchants Zhangzhou and CEO Clubs Network signed MOU for Strategic Partnership on Double Happiness Island
China Merchants Zhangzhou Development Zone Co., Ltd referred as China Merchants Zhangzhou and The CEO Clubs Network Worldwide signed a Strategic Partnership agreement for “Double Happiness Island” which is the first artificial island project in China as profit-oriented usage of ocean approved by the State Council of China. China Merchants Zhangzhou, the owners of the island visited Dubai to meet and visit Palm Island the first in the world plus other key projects in Dubai. The China Merchants Zhangzhou Delegation also meet the His Highness Sheikh Juma Al Maktoum bin Juma Al Maktoum, the Patron of the CEO Clubs Network Worldwide.
British Centres for Business (BCB) select PRO Partner Group as ‘best-in-class provider’ for British companies looking to set up in the UAE
Global gold price dropped over recent weeks with last week recording the highest weekly percentage fall following November last year. However, it is expected to gain good stands in coming weeks as political uncertainties wave away in the European Union as France remains in the EU following the victory of Emmanuel Frederic Marcon. The euro achieved a six-month high against the dollar following the victory of Emmanuel Marcon.
Investors in Dubai have a good interest investing in the UK. As the UK experiences depreciation following effecting Article 50, will Dubai investors look into investing in the UK as the GBP depreciates as a result of Brexit? Following the Brexit referendum last year, there has been a 16 per cent fall in the value of commercial real estate in the UK. Head of residential at JLL MENA mentioned that “In the Middle East, we find that Gulf-based investors and owner-occupiers have always had a tremendous affinity for the UK as a place to invest and to spend time. The capital largely flows into London from these potential investors, but there has been increasing interest in cities such as Birmingham and Manchester in the last couple of years.”
Service delivery quality and Robustness of portfolio to be defining forces that will influence emergence of growth opportunities finds Frost & Sullivan’s Building Technologies Team
A heady mix of ignorance and ambition
“FORTY FIVE PERCENT??!!! ……………….I mean wow, forty five, that’s incredible”.