#Businesses

HSBC commits $5bn for UAE businesses with global growth plans

Incentives, including green lending discounts and certifications, access to targeted growth programmes, and trade-related benefits, will be offered to businesses that meet the required criteria

How financial inclusion is a pathway to reviving tourism

Financial inclusion can contribute to tourism development in many ways

Sheikh Mohammed approves new board of Dubai Chambers

The board will work to create a comprehensive unified strategy for Dubai Chambers

Dispelling five myths on business resilience

The pandemic has made resilience a necessity for companies across all sectors

UAE to permit 100% foreign business ownership from June 1

The UAE announced in November that foreign nationals would be allowed to own 100 per cent of commercial companies

How will board meetings shape up in the future

The new board tech should be able to keep members more focussed

The impact of VAT on the Omani economy

GCC states have the discretion to zero rate and exempt certain categories of supplies and Oman has used this discretion

Five imperatives to capitalise on greater digital transformation returns

As many as 30 per cent of companies worldwide are well on their way to achieving complete digital transformation

Dubai’s DAFZA appoints Marius Ciavola as CEO of Tradeling

Ciavola was the chief operating officer of Tradeling and played a pivotal part in setting up the company

UAE’s Ministry of Economy unveils list of violations, fines for money laundering

The issuance of the violations and fines list supports the UAE’s efforts in combating money laundering crimes and financing of terrorism

Workplace 2.0: How digital transformation will drive a hybrid era

Digital transformation saved multiple businesses from untimely demise; it will also drive in the new era of the hybrid workplace

First Abu Dhabi Bank appoints new International Banking head

Clarence Singam-Zhou will begin his new role from March 1, 2021

Abu Dhabi’s Alef Education launches AI app for language learning

Alef Education is targeting more than six million non-Arabic speaking expatriates

Cover story: How regional companies can get digital transformation right

Digital transformation has now become ubiquitous – not just for IT teams, but for executives across all organisations

Abu Dhabi allows residents, non-residents to obtain freelancer licences

The freelancer licences will allow the applicants to practice around 48 economic activities

Dubai’s DMCC opens representative office in Shenzhen, China

The office will provide advisory and consulting services in a common language

Donna Benton The Entertainer

Exclusive: Regional entrepreneur Donna Benton on how business owners must lead from the front

Companies that do survive the economic fallout of the pandemic stand to gain handsomely at the other end, opines Benton

Exclusive: UAE-Israel Business Council co-founders on what comes next after the peace deal

The peace deal will alter the bilateral economic landscape and much more, opine co-founders Fleur Hassan Nahoum and Dorian Barak

British Business Group

Lessons learnt: How Covid-19 has impacted the British business ecosystem in the UAE

Gulf Business speaks to John Martin St. Valery, chairman of the British Business Group for Dubai and the Northern Emirates, on coping with the crisis, impact of Brexit and plans ahead

Dubai

Dubai fines 5 businesses, warns 7 for flouting Covid-19 measures

The violations were spotted in establishments located in Hor Al Anz and Naif areas

Dubai closes brokerage office; fines 8 businesses and warns 1 for flouting Covid-19 measures

The violations were spotted in businesses located in Al Muraqqabat, Naif, Ayal Nasir, and Al Thanyah First areas

The best Gulf-based business ideas for 2021 and beyond 

Here are five business ideas with the potential to thrive in 2021 and beyond

Dubai fines 5 businesses, warns 3 for flouting Covid protocols

The violating establishments were from Nadd Al Hammar, Port Seed and Naif

Dubai closes café; fines 9 businesses and warns 6 for violating Covid-19 measures

As many as 668 shops and commercial establishments were found to have complied with the precautionary measures

Dubai closes café; fines 7 businesses, warns 5 for flouting Covid-19 guidelines

As many as 660 businesses were found fully compliant with the precautionary guidelines

Recruiting or reskilling – what makes business sense for regional companies?

Adapting and increasing employees’ skills and roles to the post-pandemic ways of working will be crucial to building operating-model resilience

Dubai Chamber launches online marketplace for PPE products amid scaling demand

Businesses can use the marketplace to buy PPE at reduced costs, generate new leads, and build long-term partnerships with reliable suppliers 

Revealed: Key facts about the new data protection law issued by Dubai’s DIFC

The new law will cement the centre’s position as well as enhance its data protection practices

Do regional corporate boardrooms have enough women representation?

More women in boardrooms and senior leadership roles can lead to better financial performance, enhanced client insights, and improved board effectiveness

Dubai Islamic Bank lists $1bn sukuk on Nasdaq Dubai

The sukuk was nearly 4.5 times subscribed with a profit rate of 2.95 per cent per annum