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  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 ...

  Bloomberg Discount Investment Corp. is poised for the biggest increase on record after entering into an accord to sell its remaining stake in Adama Agricultural Solutions Ltd., the world’s largest maker of generic agro-chemicals, to China National Chemical Corp. Shares in Discount leaped 23 percent to 10.94 shekels in Tel Aviv in 21 times the 3-month average daily volume. ...

  Bloomberg India’s first Masala bond from Housing Development Finance Corp, the nation’s biggest mortgage lender, opens the door for other high-quality issuers to tap the nascent offshore rupee-debt market, according to Credit Suisse Group AG and Nomura Holdings Inc. HDFC sold 30 billion rupees (US$447 million) of three-year, one-month notes at an annualized yield of 8.33 percent, compared with ...

  Bloomberg Some of Asia’s biggest technology companies are backing the latest fund from DCM Ventures, extending the corporate venture boom that hit a 15-year high last year. DCM Ventures had completed a final close of its primary fund at US$500 million and had wrapped up two separate funds: a US$100 million vehicle for fledgling startups using emerging platforms such ...

  Bloomberg New Zealand Prime Minister John Key will be joined by Trade Minister Todd McClay in Indonesia this week as he seeks to boost trade between the two countries. McClay said he is traveling to Indonesia Sunday to join Key and a high-level business delegation for a two-day visit to New Zealand’s 11th largest export market. “Our two-way trade ...

  Bloomberg More rich Asians are asking private banks to manage their wealth amid increasing volatility in financial markets, a new survey shows, in an encouraging sign to firms such as UBS Group AG and Credit Suisse Group AG that are expanding their businesses in the region. About a quarter of high-net-worth investors in Asia were clients of private banks ...