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Sunday 16, September 2012 | Empowering the GCC business vision
Nothing Ventured Nothing Gained
Cover Story
Nothing Ventured Nothing Gained
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33
An Idiots Guide To Venture Capital
We have all heard of it, but what and who does it?
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37
Dubai SMEs in DED Savings Spree
A chit chat with the top cat of Dubai SME 100
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47
The Cheat Sheet
fME's guide to understanding the tech world's new offerings without ACTUALLY having to understand
Latest stories
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Flexibly organisedLeon Machenaud, Brand Manager at interior design company Ethan Allen UAE, discusses Moonrise Kingdom, teleportation, and adapting his leadership style to each individual.
What…
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Preserving henna’s heritageFathia Ahmed, Chairman of Heritage for Henna, discusses the necessity of building a business to provide for her family, while giving the traditional art of henna a global flair.
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Pokémon GO–more than just a gameWith the number of global players who ‘gotta catch ‘em all’ and users selling their high-level accounts for hefty sums, has this app opened the door for more…
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Make your website mobile friendlyAlexander Rauser, CEO, Prototype, provides tips on what a business owner has to consider to ensure a user’s experience on…
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All about peopleKhaled Fathi, Managing Director of HR consultancy, Inspativity, talks about juggling time, working with people, and racing Elon Musk to Mars.
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Transforming the customer experienceAs the number of fintech start-ups increase, Mamoun Alamouri, Regional Director for Customer Engagement Solutions Sales, Avaya MEA, discusses how leaders in the financial services industry need to…
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Sourcing suppliers with SILLISSSILLISS, an online sourcing platform for events, was established in June 2014, and went live in April this year. Co-founders Farah Hindiyeh and Ghida Idriss, each have an events management background.…
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Running round the regionASICS Middle East LLC, a subsidiary that will operate a franchise model for ASICS brand stores alongside retail partners, opened a fully-owned sales and marketing organisation for the brand in Dubai…
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Fighting to the frontSlowing global demand for smartphones has made a larger-than-expected dent in Sony Corp’s annual profit growth, according to a statement by analyst firm Bloomberg. Operating income was…
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Bang on budgetA major concern for many small businesses is raising capital to continue or grow the business. Good financial management is important for any business, but more so for an SME when an unpaid invoice…
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In the zoneSaad Maniar, Managing Partner, Crowe Horwath UAE, Neil Petch, Chairman, Virtugroup, Murtaza Khan, Partner, Fragomen look at what business owners need to consider before registering…
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Highlighting hospitalityWhen developing a new hotel regionally and setting up the supply chain, it is essential that there are structures in place with key responsibilities highlighted so all parties involved, whether…
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Feathers takes flightFeathers UAE, an Emirati fashion brand, was established in 2009 by Khalid Basaeed, CEO, along with his brother and nephew.The purpose of the brand is to develop and carry a full range of products…
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Business after BrexitAs the shockwaves from the Brexit vote continue to reverberate globally, the question Hamish Walton, Head of Corporate Middle East at law firm King & Wood Mallesons,…
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Back to banking basicsThe blooming of the UAE over the last 50 years –in terms of economic growth and diversification, infrastructure development, and demographics, amongst many others –has…
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Higher learningMost small businesses are started as entrepreneurial ventures by people who have a vision and turn out to be right about the market, but often at the start of that venture they lack some of the requisite…
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The bye-bye benefitsEnd of service benefits (EoSB) laid out under the UAE Labour Law, are designed to compensate employees for their services to the company, and are calculated according to the employee’s…
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Like a BoschRobert Bosch Middle East showed 12 per cent growth across the region in 2015, equating to AED 1.8 billion in consolidated sales across the region’s 14 countries. The strong growth is the result…
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Safeguard your firmâ��s interestsIn February 2016, the Personal Status Court of the Dubai Courts issued an order stating that should an individual shareholder of a Dubai-based firm pass away unexpectedly, the company's bank accounts…
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Prevent going brokeWhen a company is growing at a rapid rate, an owner needs to ensure that they have sufficient sources of cash to fuel that growth, and many business owners underestimate how important it is to keep…
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The future of SME finance is nowSecuring a bank loan is a long shot for MENA SMEs, which form a meagre eight per cent of MENA bank loan portfolios–a figure that dips to two per cent in the GCC, according to Sam Quawasmi, Co-CEO…
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Branding, business and banksJPd, a branding and communications agency, was launched in early 2013 by Managing Director and Creative Principal, James Pass, after a career of working for large, corporate branding agencies.
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VAT in the GCCLower oil prices are expected to slow down the GCC economies. However, rather than purely being an obstacle, this should be seen as an opportunity for the region to restructure and broaden…
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Un-clouding the issueThe cloud has evolved from an emerging technology that enterprises can leverage to gain a competitive advantage, to a critical business enabler that enterprises need to leverage if they want to stay…
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Avaya gets SmartDXaaSAvaya introduced its concept of Digital Transformation-as-a-Service–SmartDXaaS–to emerging markets, with the company highlighting its range of cloud-based solutions, designed to help organisations…
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Mobile payment solution for SMEsSMEs contribute around 40 per cent to the UAE GPD and the 300,000 SMEs in the country employ approximately 42 per cent of the UAE’s workforce. As per the Muhammed Bin Rashed Establishment…
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Crunching the numbersAn audit, a deliberate and systematic attempt to independently verify and confirm the financial records of an organisation, is generally associated with larger companies. However, attention is…
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Corporate tax: evil or opportunity?The introduction of a federal corporate tax has been in the offing since as early as 2005. Although the draft legislation has not yet been published and is yet to go through the legislative process,…
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Observing OmanSovereign ratings group Standard & Poor’s lowered the ratings on Oman twice in 2015–from ‘A’ to ‘A-‘ in February, to ‘BBB’ in November–as the…
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Pick your battlesNo one ever enters into a court dispute intending to lose. However, it seems that individuals and companies lose cases they have initiated primarily because of improper preparation coupled with…
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The SME conundrumIn an economy where the SME sector’s contribution to GDP is sizeable in terms of fiscal growth, job creation, and economic activity, monitoring the health of SMEs is an important tool for judging…
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Closing the gender gapWhile economic participation of women in the Middle East and Northern African countries are below the global average, a new generation of Arab women business leaders among Young Presidents’ Organization,…
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Building business on a data foundationWe are living in a new Age of Enlightenment driven by data. Everybody and everything has the capacity to collect and transmit data. On paper, this should mean we know more about each other and the…
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Dubai’s real estate cools downThe year 2015 showed the maturity of the real estate sector in Dubai. There were several new project launches and many ongoing projects were completed. The purchase price levels however were lower…
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Risky businessThe term ‘risk assessment’ in the corporate world is precarious, whether relating to a start-up, an SME or even a large corporation. Many experts try to predict risks, develop risk mitigation…
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2020 visionPreparations for Expo 2020 are expected to generate many business opportunities across the economy and SMEs are firmly placed to be the biggest beneficiaries of upcoming developments, according to…
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Diversifying SaudiThe Saudi Arabian government has placed an increasing emphasis on the need for economic diversification, because oil accounts for 80 per cent of the country’s economy, according to Masood Ahmed,…
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All that glittersMalabar Gold & Diamonds, a family jewellery business headquartered in Kerala, India, was established in 1993 and produces jewellery made of gold, diamond, silver and platinum. Since then, the small…
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Setting up a business in UAEOne of the hottest topics still being discussed is setting up a business in UAE. Given the wealth of material available from the Department of Economic Development (DED), free zone authorities and…
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Enhancing your businessIn recent months, a number of organisations across the region have started to witness a phenomenon that we refer to as an ‘engagement recession’. Faced with economic uncertainty, fears…
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Command performancePerformance management is beneficial to all enterprises of all sizes and to all employees because at its core, it is a way of linking the overall business strategy to individual employee performance.…
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The pursuit of happinessThe Happy Box founder Jumana Al Darwish talks about teaming up with UK brand Luckydip Club to create their first Happy Box for grown ups.
The Happy Box is an initiative where children receive…
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Why businesses failManhal Naser, CEO and Cofounder, AWJ Investments, looks at contributing factors as to why so many start-ups fail.Starting a business is no easy feat. With so many factors to consider, it’s no…
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Beyond compareJon Richards, CEO, Compareit4me.com talks about growing his website from a part-time endeavour to going live across the MENA region and beyond.
Jon Richards, CEO of Compareit4me.com, the website…
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Wake up and smell the coffeeSufyan Muhaissen, COO and Co-Founder, Cafe Barbera Franchise discusses the franchise's eighth outlet in the UAE, quality products and franchisee support.For over 140 years the tradition of the Café…
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Heading into hospitalityHE Sheikh Faisal Bin Qassim Al Thani, Chairman of Al Sawari Holding and the Qatari Business Association, and Amruda Nair, Joint Managing Director and Chief Executive Officer, Aiana Hotels and Resorts…
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Boosting Bahrain's biscuitsAlan Smith, Managing Director, Gulf and Pakistan, Mondelez International discusses the company's $90 million investment in a Bahraini biscuit plant.Mondelēz International, one of the world's leading…
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NBF Elham—brings female entrepreneurship to the foreNational Bank of Fujairah’s (NBF) drive toward understanding customer needs across multiple business segments has resulted in ‘NBF Elham’, a specialised business service for the banking…
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Building art into a businessDeepa Bhatia and Rachael Brown commission bespoke art pieces for the commercial and hospitality sector across the region.
What is Capsule Arts?
Deepa Bhatia: Capsule…
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Digital transformationThe changing digital landscape will help SMEs in the Middle East region to unlock the potential of internet of everything, according to Rabih Dabboussi, General Manager, Cisco UAE.
Internet…
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