#Businesses

Power Letters 2023: Hatem Dowidar, group CEO, e&

We envision e&’s transformation as a long-term journey with accelerated growth, as we progress across all our business verticals

Celonis funding round

Qatar leads investment round in Celonis at $13bn valuation

The latest funding came as an extension of last year’s Series D investment round

Zoom

Zoom slumps as video-conferencing company cuts sales forecast

Fiscal second-quarter sales increased 7.6 per cent to $1.1bn

Huspy

UAE proptech startup Huspy acquires Just Mortgages, Finance Lab

The founders and employees of both businesses will join Huspy

Sheikh Mohammed announces opening of Expo City Dubai in October 2022

The new city will feature offices, leisure and sports facilities, food and entertainment venues and a mall

internal controls

Why internal controls are so critical for organisations

Companies should not wait for regulators to fix gaps, they would do well to proactively establish a strict internal control framework

How the UAE’s new corporation tax will benefit businesses in the region

Overall, the tax rate will be a big win for the region’s businesses

Ras Al khaimah

Ras Al Khaimah offers Dhs7m economic stimulus support in 2021

These packages were introduced to ease the financial burden on businesses in the emirate during the Covid-19 pandemic

Microsoft unveils Windows 11

Microsoft has included new accessibility options designed by and for people of determination

Does this decade hold the keys to a circular economy?

It’s clear that sustainability is so much more than manufacturing eco-friendly products

Key pillars for retail businesses to garner long term success

Future-ready retail businesses should also implement an effective value agenda

Alan’s corner: Key tips on connecting with your customer

The next great battleground is not in product differentiation but in customer experience

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