Friday 19 October 2018

Enhancing Middle East trade through technology

The Middle East is increasingly embracing fintech. The number of fintech startups in the region is predicted to reach 250 by 2020, and investment in technology-based initiatives and fintech developments is also on the rise. While in 2016 fintech investment in the region totalled


Flexible working ‘could add $10trn to global economy’

A predicted boom in flexible working could contribute $10.04 trillion to the global economy by 2030, according to a socio-economic study of changing workplace practices commissioned by Regus and conducted by independent economists. Economic benefits


Adding value to Middle East trade financing

Trade finance in the Middle East is at an inflexion point. As the discipline innovates and evolves, it becomes a tool to help businesses grow, rather than being a heavy weight in the firm’s debt repayment schedule. There’s still much to be done but also much to gain.


Saudi Arabia switches on power sector reforms

Saudi Arabia has started implementing a long awaited overhaul of its power sector to curb rising demand and promote more competition, according to Arab Petroleum Investments Corporation (Apicorp), the multilateral development bank focused on the energy sector. This comes at a tim


5G ‘could generate $270bn for regional ICT sector’

5G could generate almost $270 billion for the regional ICT sector in the next decade, according to new research conducted by ICT leader Huawei in partnership with Analysys Mason, a global consulting and research firm. Titled “Unlocking Digital Opportunities with 5G”,


Five tips on business success for emerging millennials

With young and female entrepreneurship on the rise, it’s no surprise that digitally savvy millennials are excelling in the eCommerce space. Millennials are turning their side hustles into full-time endeavours using social media platforms and web integrations to acquire customers and build


Back to basics: VAT Accounting 101

As part of the UAE Vision 2021, the introduction of taxation has brought diversity to the country’s economic revenue streams, and also encouraged greater transparency for businesses, says an industry expert. It has been ten months since the introduction of value-added taxes


Bioenergy to lead renewables growth to 2023: IEA

Modern bioenergy will have the biggest growth in renewable resources between 2018 and 2023, building a robust renewable portfolio and ensuring a sustainable energy system, said the International Energy Agency in its latest market forecast. Renewables will continue their expansion


Five D’s ‘poised to take renewables to next stage’

Just a few years ago, renewables were an interesting but evolving niche in the energy landscape. True, it was an area rich with potential. But it faced big issues around intermittency and unpredictability, was based on still-maturing technologies, and was dominated by visionary start-ups rather


Declining costs, tech ‘driving green energy demand’

Price and performance parity, grid integration, and technology are allowing solar and wind power to compete with conventional sources on price, while matching their performance, said professional services firm Deloitte in a new report.  As technologies such as blockchain, ar

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