Local News

  RITIKA SHARMA / Emirates Business Among various technological developments, Internet of Things (IoT) is expected to remain a key trend in the UAE as the nation moves towards its goal of becoming a knowledge-based economy by 2021 and prepares to host the world’s biggest exhibition event, Expo 2020. Regional experts believe IoT will change the face of industries in ...

  Dubai / Emirates Business Insider data theft and malware attacks top the list of the most significant concerns for enterprise security executives, a new report from Accenture and HfS Research reveals. Of those surveyed, a majority (69 percent) of respondents experienced an attempted or successful theft or corruption of data by insiders during the prior 12 months, with media ...

  Sharjah / Emirates Business Mothers and their little ones made the most of an exciting programme of water-based activities that started at Sharjah Ladies Club (SLC). Titled ‘Fun, Splashy Summer,’ the programme features an array of entertaining shows and aquatic activities that takes place every Thursday, Friday and Saturday up until July 30. Fun, Splashy Summer saw a large ...

  DUBAI / Emirates Business The UAE is experiencing a digital wave. Consumers are increasingly going online for all their needs. From booking air tickets to shopping for electronics, consumers rely on digitalization for convenience shopping. As such the UAE government aims to offer digital platforms across all works of life. In line with the Dubai Government strategy to promote ...

  RITIKA SHARMA / Emirates Business Though much is being said and done to promote small and medium scale enterprises (SME) in the region, there are certain aspects that need special attention, experts opine. A recent report suggests that SMEs in the region are still struggling with funding gaps and lack of commercial expertise. It is notable that while SME sector ...

  Emirates Business In yet another expert-led analysis of the regional as well as global market trends, Al Masah Capital Management Limited reviewed a rise in Venture Capitalism, the dynamic nature of Small and Medium Enterprises and their significant roleplay in fostering innovation and promoting global economies. Suggesting a robust growth, the weight of SMEs in global economies have been ...

  RITIKA SHARMA / Emirates Business Not only are cloud-based services making various companies in the Middle East efficient and productive, they are also helping in saving a huge amount of money that was otherwise spent on data connectivity and hardware maintenance. Regional experts claim that a thoughtful use of cloud services by all industries can cut the additional costs by ...

Dubai / Emirates Business Despite apartment and villa sale prices dropping steadily for 2 years, a recent survey of propertyfinder’s consumer audience found that just 30% of its UAE residents have bought property here, meaning a sizeable 70% of them are still renting, even though half have resided here for 5 years or more. This is contrary to more developed ...

  ABU DHABI / WAM The Ministry of Human Resources and Emiratisation announced that all construction facilities with a 500 plus workforce must appoint at least one local occupational health and safety officer from 2017. Saqr bin Ghobash Saeed Ghobash, Minister of Human Resources and Emiratisation explained, “We will stop granting facilities with over 500 workers any further work permits, ...

  Dubai / Emirates Business The Rental Disputes Center (RDC), the judicial arm of the Dubai Land Department (DLD), signed a Memorandum of Understanding (MoU) with the Central Bank of the United Arab Emirates, in order to facilitate prompt information exchanges between the RDC and banks operating in the UAE for Rental Disputes. Furthermore, an electronic framework of cooperation will ...