Dubai Chamber of Commerce and Industry (Dubai Chamber) has announced the launch of a new website that delivers key insights into the burgeoning markets of Africa. Titled ‘Africa Gateway,’ the online portal acts as a rich knowledge resource designed to equip users with essential information on the most promising countries in the continent to do business, with statistics, strengths and weaknesses, challenges and opportunities the main elements.
Accessed via Dubai Chamber’s website at https://africagateway.dubaichamber.com/ , Africa Gateway currently provides an extensive business overview of 10 African countries; Angola, Côte d’Ivoire, Ethiopia, Ghana, Kenya, [...]
The Emirates NBD Purchasing Managers’ Index (PMI) for the UAE declined from the recent high posted in May (59.4) to 57.7 in June. However, the average reading for Q2 2019 was 58.2, the highest since Q4 2014. This suggests that non-oil sector growth accelerated at the fastest rate in more than four years last quarter.
The recovery in the PMI this year has been underpinned by faster expansion of output and new work, although this has come at a cost for many firms as selling prices continued to decline on average in June. External demand has also contributed to the strong growth in new work in June, with new export orders rising at a record rate for [...]
The headline Dubai Economy Tracker (DET) Index was fractionally lower in June at 58.4 but remains near the four-year high recorded in May (58.5). Output and new work rose sharply again last month, and while the selling price index remained in contraction territory, the rate of price discounting in June was slight. The survey data suggests that Dubai’s non-oil economy grew at the fastest rate since early 2015 in Q2 2019.
However, the employment index dipped to 49.9 in June, the lowest reading since February, despite the strong growth in the volume of activity recorded last month, as firms remain reluctant to boost headcount. Nevertheless, panellists remained [...]
Smart Dubai has introduced a new upgrade to its flagship “Dubai Now” application – designed to be the city’s one-stop shop for smart services – allowing users to make donations to four segments of beneficiaries during the Year of Tolerance.
Launched in collaboration with the Dubai Department of Finance (DoF), the new feature offers a platform where donations can be made to People of Determination, Cancer Patients, the Elderly, and Families Needing Financial Aid. The joint project bringing together Smart Dubai and the DoF is part of the social responsibility efforts of both organisations; it reflects their dedication to charity and volunteer work during the Year of [...]
Geopolitical tensions and aggressive external cybersecurity environment are driving the need for highly skilled professionals inside the Kingdom.
SANS Institute, the global leader in cyber security training, announced SANS Riyadh 2019, a training event for cyber security professionals in Saudi Arabia. The event, which will be held at Burj Rafal Hotel Kempinski, Riyadh from July 28 to August 1, 2019, will focus on developing skills in critical security and strategic security planning.
SANS Riyadh 2019 will include two courses – Implementing and Auditing the Critical Security Controls; and Security Strategic Planning, Policy, and Leadership, conducted by [...]
Dubai’s flourishing economy has traditionally provided a fertile environment for small and medium enterprises (SMEs) to establish and grow their business. Its dynamic and diversified economic base, with robust real estate, construction, tourism, hospitality, logistics, finance and technology sectors, have made it a magnet for small and medium business entrepreneurs.
With the emirate’s economy entering a new phase of development, powered by mega projects, and the government launching a spate of initiatives to simplify and reduce the cost of doing business, Dubai is set to become an even more productive base for SMEs.
At the forefront of providing new [...]
BIOS Middle East, the leading Managed Cloud Provider in the UAE, announced that it has won the Cloud and Managed Services Partner of the Year Award for the Gulf East region by Cisco at theirCommercial Partner Summit 2019, which took place in Dubai.
This award is designed to recognize the company, who used best-in-class practices, and serves as a model to the rest of the industry. Areas of consideration include innovative practices and process, architecture-led approach successes, strategic business outcome-focus that result in customer success.
“It gives me great pleasure to recognise BIOS Middle East, a Cisco powered cloud in the UAE, who continue to [...]
Blueair, a world leader in air purification solutions, today announced that it has been recognised as one of UAE’s strongest and most trusted brands by the Superbrands organisation, an independent authority and arbiter of branding excellence. Blueair was voted as a ‘Superbrand’ by a panel of top UAE business leaders and more than 2,500 senior managers and marketing professionals following a rigorous selection process.
“Blueair believes in clean air for the next-generation – a vision that has been driving us on a journey of [...]
written by Victoria Zagorsky
As companies around the world seek competitive advantage in the digital economy, they make significant investments in the technologies that enable the digital transformation. According to IDC, worldwide spending on digital transformation is forecast to increase at a five-year compound annual growth rate of 16.7% to reach nearly USD 2 trillion in 2022.
According to the latest McKinsey Global Survey on digital transformations, more than eight in ten respondents say their organizations have undertaken digital transformation efforts in the past five years.
DIGITAL TRANSFORMATION RISK – TOP CONCERN FOR THE CEOs IN [...]
SANS 2019 State of OT/ICS Cybersecurity Security Survey Also Finds Mobile Devices, Wireless Networks and Cloud Services Increase Cyber Risk
People remain the greatest threat to industrial control systems (ICS) and associated networks, according to a new SANS survey focused on better understanding cybersecurity risks to operational technology (OT) systems. More than half of respondents also see the cyber risks to their safe and reliable operations as high or higher than in past years.
Three hundred and forty-eight security professionals worldwide, representing IT, OT and hybrid IT-OT domains provided their thoughts in the SANS 2019 State of OT/ICS Cybersecurity [...]
Gala Event to unveil the 15th edition of the Superbrands book
Superbrands, the independent authority and arbiter of branding, announced it will host its annual tribute event to honour and recognize 43 of UAE’s strongest brands on June 18, 2019. At the event, Superbrands will unveil the 15th edition of the much sought-after Superbrands book, which includes a two-page profile of each of the Superbrands.
Speaking on the significance of being selected a Superbrands Mr. Mike English, Director, Superbrands Middle East, said, “Marketers have always had to juggle two seemingly contradictory goals: making their brands distinctive and making them central in their [...]
An initiative of the Dubai Future Foundation, AREA 2071 has recently hosted 20 global startups valued AED42.2 million to participate in two renowned global Accelerator Programmes.
Maha Al Mezaina, Head of AREA 2071, reiterated the essential role played by emerging companies in shaping key future sectors, due to their capacity in coping with the rapidly changing global needs and challenges.
Launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, AREA 2071 is an interactive platform that brings together the most innovative and creative minds, and stands as a testament to the UAE’s continuous efforts and [...]
Insight Middle East and Africa is delighted to speak to Sohaib Hasan, internationally renowned career coach and trusted advisor whose insights, recommendations and motivation are empowering talent in the UAE to unlock their true potential.
Sohaib, please tell us about yourself.
It often gets tricky for me where to begin from. Well, I am very passionate about helping people in their careers and most importantly the job seekers across the globe who face various challenges. Over the years, I have shared countless tips and tricks on LinkedIn regarding job searching, how to reach out to recruiters, ways to do follow ups, effective LinkedIn profiling, [...]