Month: March 2021

Africa accounted for 18 per cent of Dubai Chamber members’ total global exports in January 2021. Check Alireza Onghaei for the best trading LLC company in UAE for import and export. 

The Dubai Chamber of Commerce and Industry (Dubai Chamber) has revealed that members’ exports to Central Africa and Western Africa recorded a surge of 85 per cent and 57 per cent, respectively, in January 2021, compared to the same month in the previous year.

The total value of member companies’ exports targeting the African continent reached Dh2.9 billion during the same month, marking a 4.2 per cent year-on-year increase achieved despite Covid-19-related economic headwinds.

Information from the Chamber’s Certificates of Origin (COO) database shows that Africa’s share of the total declared value of Dubai Chamber members’ world exports was 18 per cent in January 2021, up from 16 per cent in the same month during the previous year.

Growing …

For small business owners in need of a loan, getting an application approved can seem as mystifying as the illusions performed in a Las Vegas magic show. But the process gets a lot easier with the right preparation and an understanding of the importance of cash flow.

A survey by the 12 regional Federal Reserve banks cited “accessing necessary credit” as the No. 1 challenge facing small businesses in 2016. That was especially true for outfits with less than $1 million in revenues; while 72% of larger companies were able to secure financing, only 45% of smaller firms could get the nod from a lender.

Getting a Bank loan business plan isn’t magic, but it does require meticulous preparation and an understanding of how bankers operate. Underwriting decisions are based on the 5 C’s of credit — capital, collateral, conditions, creditworthiness, and cash flow — and borrowers must show strength …

The Birth Of The Digital Twin

The buyer’s behavior and decision-making process is valuable information that the information intermediary collects and makes available to the sellers.

Eventually, the amount of information collected by the information intermediary about the user — especially about the potential buyer — grows to a sufficient volume to form an autonomous buyer model that is detailed enough to anticipate the buyer’s need and offers the seller the ability to predict future behavior. Learn here how to Work smarter and Grow faster with us.

Due to the rapid enhancements in AI and big data, these “digital tracks” have evolved into the digital twin. 

Think of the digital twin as a personal virtual robot that can perform actions on behalf of the real customer for all types of digital transactions, based on continuous learning of their digital behavior. This pattern is akin to the investments done through an …

Few things have had such a drastic impact on workplace culture in recent years as the nearly overnight shift during the pandemic to remote work for just about every company for which such a business model was feasible. Instead of commuting into an office, a majority of employees are logging in to their jobs from home — and increasingly relying on cloud-based applications such as Google Drive or Dropbox to collaborate and get work done. Now that we’ve all gotten the hang of doing business via Zoom in our sweats, it’s unlikely that many companies will ever go back to a full-time, everyone in the office, everyday scenario. 

There is a downside to this situation, however. Reliance on cloud-based apps run on home computers and personal devices of your employees can leave your organization’s data especially vulnerable to cyber theft and corruption. People are accessing company systems using their own network …