Category: Business

Business News and Insights into business affairs in the Middle East

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According to the FDIC, almost 95% of American households are "banked." These households have at least one person living in them with either savings or checking accounts.The good news is that this number is as high as it is. But the bad news is that it suggests that about 7 million Americans are "unbanked." These people don't have any access to bank accounts and aren't able to take advantage of the benefits of having them.A lot of these people live in

Humans are sociable beings by nature. And, given that we spend one-third of our lives at work, it's obvious that having strong connections with our coworkers will make our employees more pleasurable. Coworkers will be more confident in brainstorming, sharing their perspectives, and embracing new ideas if they feel comfortable with one another. This level of teamwork is necessary to embrace change, progress, and innovation.Productivity and group morale surge once members discover how successfully they can work together. A strong

Many professionals found themselves in limbo with their careers during the pandemic. But some found a way through. They turned a corner and launched a startup. So it's no surprise that 2021 broke records for new business launches.Thankfully, you don't have to be a tech expert like Musk or Zuckerberg to thrive in the world of startups. If you have a natural creative talent, you can find a thriving career by turning to freelance.To help guide you, here are the simple

As any home or business owner will tell you, pest control in Dubai can get way out of hand if you're not careful enough to keep your space under control. It might be difficult to know where to turn when pests have invaded your home or business, and you're looking for help, so it's important to make sure you choose the right Pest control before signing on the dotted line. You need to know these things before hiring pest control

Global businesses have to juggle a lot of balls. They need to maintain a profitable bottom line while also expanding their reach and managing a complex supply chain. And they need to do all of this in an ever-changing landscape of regulations, geopolitical instability, and disruptive technologies. [caption id="attachment_60765" align="aligncenter" width="658"] Image Credit[/caption]It's a tall order, but running a successful global business is possible. The key is to focus on the 13 most important things:Understand your customer base Have a

When you start a new business venture, entrepreneurs should make sure that they’re complying with all the legal obligations of running a small business. There are a range of legal requirements for new businesses and startups, including financial regulations, tax obligations, and employment laws. Make sure your new company complies with all its legal responsibilities so you can get back to focusing on growing your business.Image - free for commercial use What Are The Legal Requirements For Starting A Business? You might

Logistics play a big role in running the economies of countries, and in the United States, the trucking industry is at the heart of country-wide logistics. Whether it be their runs from the manufacturers to retailers or e-commerce-driven endeavors, the business of trucks hasn't died down in decades and has only seen more impending growth. Within the United States alone, almost 70% of goods delivered are done through trucking.Without the significant ebb and flow of the trucking industry, the economy

Image Credit: Pexels from Pixabay.Starting a retail store can be an appealing option for quite a few reasons. Alongside boasting the ability to sell what you want, it can offer a significant income potential. To achieve this, however, you’ll need to know how to set a retail store the right way.There’s more to it than many people may think. Some of the more notable aspects include:Getting your business license and permits. Choosing a business structure. Registering for business tax.

Are you thinking about starting your own video production company? If so, you're in for a lot of hard work - but it can also be a very rewarding venture. In this blog post, we will discuss everything you need to know about starting a video production company. We'll cover topics such as business planning, marketing, and financing. We'll also give you some tips on how to find clients and keep them satisfied. So if you're ready to start your

If you feel as if your business isn’t currently operating in the most cost-efficient way, it might be time to do something about that. The way in which your business operates will have a big impact on how cost-effective the business is to run. It’ll have a safer and more sustainable future if you’re able to run it in a cost-effective way, and we’re going to talk about how that can be achieved below.Set a Budget and Try to Stick

Content creation is one of the best things you can do right now if you're trying to market your brand.For instance, blogging alone can get you 126% higher lead growth when compared to companies that don't have blogs. Embracing the right content strategy will help you build and sustain a following that can earn big for you.Mistakes in content marketing can set you back tremendously. Here are some of the main ones you need to avoid.Don't Talk Down

Did you realize that scammers stole greater than fourteen billion greenbacks of cryptocurrency in two thousand and nineteen?There are extra cryptocurrencies that individuals create each and every unmarried week. This is why it may be tricky to grasp which of them are price being attentive to.Some cryptocurrencies reminiscent of Pi declare to have distinctive advantages which generally tend to draw the eye of buyers. The downside is that it is ceaselessly tricky to grasp whether or not lesser-known cryptocurrencies are scams or

PhotoMost investors and business owners usually want to see their business grow their revenue and profit each year. To achieve this, they need to find ways to sell more products or services, justify price increases to existing customers, reduce their costs, or a combination of all of the above.With some careful management, clever marketing, and hard work, most businesses can manage this. However, when a recession strikes, things can change very quickly, resulting in many suffering a reverse of

Digital signages are taking the limelight away from traditional, static signages. This is undeniable as the global digital signage market growth continues to surge.According to Allied Market Research, the digital signage market, valued at USD 17.3 billion in 2018, is projected to grow to USD 32.12 billion by 2026. This indicates an estimated compound annual growth rate of 8.1% between 2019 and 2026.It's no wonder, digital signage experts would tell you. Using digital signages has several benefits. Some Benefits of Using

Image Source - CC0 LicenseWhat should you do if your business starts going downhill? Things started off so perfectly, but you’ve now reached a point where everything is going wrong. This happens all the time as running a business is a bit like scaling some mountains. There are long periods where you’re always on the up, but there are also times where you’re going down.If this is happening to you, here are some things you can do: Evaluate where things have

There's no question that graphs are a powerful tool for visualizing data. But did you know that they can also be a powerful tool for business? This blog post will discuss the top reasons why graphs can help you succeed in business. By the end of this post, you'll see just how useful graphs can be!Via Pexels Graphs Can Help You Understand Your Customer Base One of the most important aspects of any business is understanding your customers. Graphs can be a

The world is going digital, and businesses are starting to realize the many advantages of going paperless. There are countless benefits to making the switch, including reduced costs, improved efficiency, and a smaller environmental impact. This blog post will discuss the many advantages of going paperless as a business and also provide tips on how to make the transition successfully.Photo by Kaboompics .com from Pexels 1) Reduced Costs One of the biggest benefits of going paperless is reduced costs. There are many

As inviting as becoming an entrepreneur may sound, it’s a lot harder than you think. As an entrepreneur, you can leave your corporate job and become your own boss. You can pursue your passion and share your desires and ambitions with the world! If you want to learn how to become an entrepreneurial success, follow these 6 valuable tips and tricks! 1. Always challenge yourself The trick to becoming a successful entrepreneur is to always try to outdo your past self. Push

 Continuing your education is often a difficult yet rewarding choice to make for many students. It's always helpful to have some inspiration, whether it is in the form of financial or emotional support. Here are four reasons why continuing your education may be one of the most important decisions you can ever make. 1. Education is a priority You may have always dreamed of dropping out and taking over your family's business or becoming a famous actor, but those opportunities aren't as

Increasing your business’s awareness is the best way to generate more leads and therefore, more sales. The more well-known and discoverable your business is, the more capable it will be to generate more profit.It is easiest to implement digital strategies to grow your brand’s awareness as more people engage with digital media than traditional media nowadays. Therefore, it is ideal to know about the best digital methods that will help contribute to an increase in business awareness.On that note, here

Image CreditMany small business owners feel like they are running in circles. They seem to be spinning their wheels and getting nowhere fast. The good news is that with a bit of help, you can quickly overcome these feelings by following the steps below: Assess Your Situation Assessing your situation is the first step in improving your small business's bottom line. First, you need to understand your business and what opportunities and challenges you face. This information will help you set clear

Online sales have been bubbling pretty fiercely under the surface for many years, but a pandemic that saw as many as 85,000 businesses launching online shops in the space of just four months has quickly hastened that trajectory. Now, both as a result of the benefits from this online shift and as a need to compete in an entirely changed retail landscape, countless companies are continuing to prioritise these online focuses. The trouble is that even for companies who saw

A conference is a formal meeting during which information is exchanged between communities and business personnel. Businesses use various swag ideas to promote their businesses and sales. Companies that conduct the conferences also generate swag bags for the attendees which in turn can enhance sales. A swag bag consists of various employee gifts, and work anniversary gifts. Gifts for employees during business conferences develop a culture of love and positivity. It also develops a reputable impact on the company which

Image - Pixabay CC0 LicenseOnline business was already taking over offline activities long before the pandemic. Still, the shift towards digital interactions and transactions has become even more noticeable in the past two years. Companies must, therefore, update their strategies to reflect the evolving landscape. Otherwise, they will run the risk of being left behind.So, if your company is persisting with outdated ideas that were relevant five years ago, now is the time to make a change. Here are six

Pexels - CCO LicenceIf your business does not already have an app right now, then you need to change that because literally tens of billions of apps are downloaded globally each year, and if your company does not have one, you will be missing out on a potentially lucrative slice of the market.Of course, it is not enough to simply launch any old app - you need to create a business app that adds value and works perfectly so that

Businesses across the globe have suffered a great deal because of the pandemic; while some came out victorious, others had to close down.The ones that did survive the harsh effects of COVID-19, went through a rapid digital transformation. While Covid-19 hit, Al Masam Stationery went from a traditionally functioning business to a new-age eCommerce brand.An ideal description of Al Masam Stationery’s business model from the pre-COVID-19 era, would focus majorly on physically delivering to buyers who belonged to the corporate

Have you ever noticed just how many businesses and brands have started making use on Instagram and wondered why they have opted for this kind of marketing? Are you looking for a new way to market your business but aren’t sure if Instagram will be beneficial?Instagram is the most popular social media platform I the world with over 1 billion active monthly users. This number continues to grow as more people switch from platforms that are slowly dying out. It

Are you looking to upgrade your marketing plan and bring in a social media aspect but don’t know how to do this? Have you ever wondered just how social media can help your business or brand?Social media has become an integral part of our lives, and a lot of people use it for personal reasons. But did you know that social media can also be used to help your business? Many businesses are turning to social media marketing as a

Nowadays, many businesses are looking to expand their business not just to other locations within their own countries, but also abroad to the international markets. The internet has made it much easier for us to be able to trade with people regardless of where they are located around the world. If you wish to expand your business to reach these markets, here are some of the considerations you need to make.(Image Source: Pixabay)Language and Currency SupportAs soon as you

Emirates Driving Company PJSC (EDC), a publicly-listed company on the Abu Dhabi Securities Exchange (ADX), announced a 20.39% increase in its net profits to reach AED   126.76 million in 2020, compared to AED 105.29 million recorded in 2019 despite COVID-19 pandemic that affected by businesses and economies across the world.The company’s revenues increased 14.11% to AED 261.44 million in 2020, compared to AED 229.11 million in revenues in 2019. Earnings per share increased to 1.41 in 2020 compared to 1.17

One place where you spend time more than your home is your workspace. So why not choose a space that is efficient, has all amenities, a calming environment, and above all cost-effective. 'The Place' takes care of all these things and provides you the best co-working environment in Dubai.Dubai is known for its great work culture and 'The Place' works to optimize your productivity in your comfort zone. 'The Place' has co-working spaces available for rent where you will get

Bitcoin has made it easier to make international payments due to its low transaction fees. With the help of considering this Cryptocurrency, you can make payments quickly and without hassles. You can treat bitcoin as a currency, but it also offers many new opportunities for investors and traders. By signing up for a bitcoin exchange or trading platform, you can easily buy bitcoins. Make sure you have good knowledge about the bitcoin market before making purchases.You must keep an eye

Change is an inseparable part of our world, and overtime technology has brought several changes in our lives. One of the latest change that it has brought is the cryptocurrency. Cryptocurrency is the modern currency which only exists in the virtual world. Bitcoin is the most commonly used virtual currency and is also the best one out of all.Bitcoin has removed the role of banks as now people need not approach a bank to make a transaction as bitcoin allows

The UAE’s Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications recently announced at a conference that even though “remote working was seen as a luxury in the past and a gimmick”, it may be here to stay. But, although it’s easy for companies who work in digital to operate remotely, it isn’t as simple for companies in two of the UAE’s largest sectors: financial services and oil. Here we’ll assess how well these industries are set

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