Wednesday 31, August 2011    |   Empowering the GCC business vision

Ready for take-off: The Veeceepreneur

  • 12    The five classic start-up mistakes

    Self-made millionaire entrepreneur Felix Dennis outlines the five biggest and most common mistakes made by start-up owners.

  • 20    Free zone freedom

    The Gulf region's favourable geographic location provides a strong opportunity for foreign firms wanting to set up shop in the Middle East. That's…

  • 38    Which UAE banks lend to SMEs

    financeME surveys the UAE banking sector to find out who is willing to lend to SMEs and what their lending criteria are.

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  • All about people

    Khaled Fathi, Managing Director of HR consultancy, Inspativity, talks about juggling time, working with people, and racing Elon Musk to Mars.

    1.       …
  • Transforming the customer experience

    As 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…

  • Sourcing suppliers with SILLISS

    SILLISS, 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.…

  • Running round the region

    ASICS 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…

  • Fighting to the front

    Slowing 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…

  • Bang on budget

    A 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…

  • In the zone

    Saad Maniar, Managing Partner, Crowe Horwath UAE, Neil Petch, Chairman, Virtugroup, Murtaza Khan, Partner, Fragomen look at what business owners need to consider before registering…

  • Highlighting hospitality

    When 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…

  • Feathers takes flight

    Feathers 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…

  • Business after Brexit

    As 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,…

  • Back to banking basics

    The blooming of the UAE over the last 50 years –in terms of economic growth and diversification, infrastructure development, and demographics, amongst many others –has…

  • Higher learning

    Most 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…

  • The bye-bye benefits

    End 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…

  • Like a Bosch

    Robert 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…

  • Safeguard your firmâ��s interests

    In 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…

  • Prevent going broke

    When 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…

  • The future of SME finance is now

    Securing 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…

  • Branding, business and banks

    JPd, 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.

  • VAT in the GCC

    Lower 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…

  • Un-clouding the issue

    The 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…

  • Avaya gets SmartDXaaS

    Avaya 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…

  • Mobile payment solution for SMEs

    SMEs 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…

  • Crunching the numbers

    An 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…

  • 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,…

  • Observing Oman

    Sovereign 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…

  • Pick your battles

    No 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…

  • The SME conundrum

    In 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…

  • Closing the gender gap

    While 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,…

  • Building business on a data foundation

    We 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…

  • Dubai’s real estate cools down

    The 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…

  • Risky business

    The 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…

  • 2020 vision

    Preparations 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…

  • Diversifying Saudi

    The 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,…

  • All that glitters

    Malabar 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…

  • Setting up a business in UAE

    One 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…

  • Enhancing your business

    In 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…

  • Command performance

    Performance 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.…

  • The pursuit of happiness

    The 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…

  • Why businesses fail

    Manhal 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…

  • Beyond compare

    Jon 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…

  • Wake up and smell the coffee

    Sufyan 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…

  • Heading into hospitality

    HE 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…

  • Boosting Bahrain's biscuits

    Alan 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…

  • NBF Elham—brings female entrepreneurship to the fore

    National 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…

  • Building art into a business

    Deepa Bhatia and Rachael Brown commission bespoke art pieces for the commercial and hospitality sector across the region.

    What is Capsule Arts?

    Deepa Bhatia: Capsule…

  • Digital transformation

    The 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…

  • Breathing new life into luxury

    Hamad Abdulla Al-Mulla, CEO, Katara Hospitality discusses the reasons behind the success of Qatar’s home-grown hospitality brand.Can you tell me a little about Katara Hospitality’s…

  • The cherry on top

    Patrice Gouty, Managing Director, Utopia explains the running of the Pacha Ibiza Dubai Franchise and how he has strengthened the brand's presence in the country.Opened in November 2014, Pacha Ibiza…

  • Liquidity is key to the Dubai property market

    Damac Group CFO, Adil Taqi discusses the outlook for residential property sales and the cyclicality of the Emirate's property market.

    The Dubai property market, particularly the residential…

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