Industry

How integrated business planning can improve your competitive edge.

A competitive advantage is closely associated with timely action. Many scenarios come to mind – tennis matches, games of chess, and bargains in marketplaces. As the economic recovery gains momentum across the region, enterprise leaders are attempting to track consumer sentiments, industry trends, and various other data points vital to their success. Traditional business planning …

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DP World announces a gross volume growth of 1.9% in Q1 2022.

Emirates’ DP World handled 19,3 million TEUs (twenty-foot equivalent units) across its global container terminals in the first quarter of 2022, with gross container volumes increasing 1.7% year-on-year (y-o-y) on a reported basis and up 1.9% on a like-for-like basis. Global figures. In the first quarter, volume growth was driven by Asia Pacific, Middle East, …

DP World announces a gross volume growth of 1.9% in Q1 2022. Read More »

Pricing decisions that SMEs need for strategic growth.

The price of commodities has increased dramatically in the past two years due to the pressures of COVID-19. The prices of a number of companies have increased in recent years in response to pressures to achieve higher financial returns, manage new corporate tax policies (9 percent in the UAE announced recently), and keep up with inflation …

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Dubai Industrial City to host rail freight terminal as a gateway to MENASA.

Dubai Industrial City, a manufacturing and logistics hub managed by the TECOM Group, and Etihad Rail, the developer, and operator of the UAE’s National Rail network, will jointly host an advanced freight terminal covering 5.5 million square feet. As part of Dubai and the UAE’s advanced infrastructure and state-of-the-art transportation network, the rail freight terminal …

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60 Day Startups provides a unique opportunity for first-time entrepreneurs.

As the first community-led female-only business accelerator in the UAE, 60 Day Startups (60DS) is mentoring and supporting its largest cohort to date, consisting of 15 startups led by multi-cultural, passionate, energetic, and inspiring women who are keen to fuel their dreams and scale up their businesses. The program’s third cohort includes entrepreneurs, students, mothers, …

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Global passenger numbers are on the rise, according to IATA.

The International Air Transport Association (IATA) anticipates that the number of travelers worldwide will reach 4.0 billion by 2024 (counting multi-sector connections as one passenger), exceeding that of pre-COVID-19 (103 percent of the total of 2019).   In light of the evolution of government-imposed travel restrictions in some markets, the expectation for the shape of …

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According to Musafir data, corporate travel is back to 80 percent of pre-pandemic levels.

Musafir forecasts travel demand will rise in 2022, recovering to 80 percent of pre-pandemic levels. The company anticipates continued development in the tourism industry as well as corporate travel. The two sectors see a gradual rise in demand due to increased traveler confidence, vaccinations, interest in personal interaction, and the easing of entry restrictions in …

According to Musafir data, corporate travel is back to 80 percent of pre-pandemic levels. Read More »