A five-phase strategic and systematic approach to strengthen the resilience of organizations’ current business models is key to business continuity during the coronavirus pandemic, according to Gartner, Inc.
For companies in the Middle East, specifically the UAE, payroll is one of the essential operations a business needs to carry out and prioritise every month. Legislations and laws that define the scope of payroll are updated and amended regularly, often with short notice. Failure to comply with these regulations can prove costly for businesses in the long term.
Some may wonder why the Banque du Liban operates a vital facility such as Middle East Airlines. The reason for this was the bankruptcy of Intra Bank in the 1960s, which made the central bank the owner of the airline since then. When any institution in the world is liquidated, its physical assets are sold to fulfill the rights of its creditors, and this is what happened with Intra Bank at the time.
As a small business owner, you are more than likely tired of paying expensive commercial rentals and fighting traffic daily to get to the office. The good news is that today’s technology means you can work from just about anywhere if you have internet access. By turning your company into a ‘virtual business’, you can trim costs, improve flexibility and give teams the freedom to work remotely.
H.E. Falah Mohammad Al Ahbabi, Chairman of the Department of Municipalities and Transport Said: “The Fourth Industrial Revolution is characterized by a considerable surge in new digital technologies and artificial intelligence. This trend has created a significant impact upon urbanisation and has played an essential part in the establishment of Smart Cities. With innovation harnessing enhancements across numerous areas of modern life, it is natural that technological advancements are applied to the places closest to us, in our homes and communities.”
Our journey towards making visa processing more agile and efficient is very much about the ongoing digital transformation that is impacting all industries. This positive development, among other things, cannot be realistically achieved without relying on the collection and processing of data to create knowledge, competencies and capabilities. This collection and processing requires a governance oversight to ensure that it’s not used to the detriment of the individual. To this end we have seen an upsurge in data protection legislation in the last few years.
H.E. Mohamed Al Khadar Al Ahmed, Executive Director of Strategic Affairs at DMT and General Coordinator of the World Urban Forum 10 Said:
“Next February we are looking forward to the tenth World Urban Forum in Abu Dhabi, with its theme: “Cities of Opportunities: Connecting Culture and Innovation” and this will be the first time that an Arab country will host the world’s most important conference on cities and human settlements.