Saturday 6 June 2020
 
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Role of managed services in operators’ digital transformation

Digital business transformation is a critical factor in long-term success of a business, and telecommunication service providers are no exception. Communications Service Providers (CSPs) are taking concrete steps to increase their competitiveness and stay ahead of the game. They now pursue firs

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How businesses can prepare for post-Covid world

Government and businesses must brace themselves for the (next) New Normal and turn challenges into an opportunity if they are to emerge as winners in a post-coronavirus (Covid-19) world, according to a new report. Companies in the Middle East and globally will operate in a radica

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GCC insurance markets outlook turns negative: study

Economic downturn across the region stemming from lower oil prices and Covid-19 containment measures is among key factors that drive the outlook on GCC insurance markets to negative, said credit rating agency AM Best in a new report. The report titled “Market Segment Outloo

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Five key steps for GCC states to restart economies

The COVID-19 pandemic has altered the dynamics of the global economy, and the GCC is feeling its effects.    As of early 2020, the region’s GDP was projected to grow by 2.5% for the year, according to the IMF. By April, that had shrunk to a contractio

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Can GCC VAT hikes offset Covid-19's fiscal impact?

Extensive fiscal measures have been input in place across the GCC, with a view to offsetting the impact of the coronavirus on individuals, businesses and the broader economy. Measures have primarily been aimed at stimulating economic activity in the private sector and supporting entities that a

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Defining decade for women in wealth, says report

Women have become a sizeable economic force, and the next few years can represent a defining decade for women in wealth, according to a new report by Boston Consulting Group (BCG).    The report, titled 'Managing the Next Decade of Women's Wealth,&#

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GCC regional reopenings – the path to the next normal

Lockdowns and social distancing measures are beginning to ease across the GCC countries given tentative signs that these economies are passed the peak with a flattening in the curve of new Covid-19 cases on the horizon, said a new report. At the current juncture, it is too early

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7 principles for investing through volatile times

With the global economy currently in the midst of a crisis following the rapid spread of coronavirus, UK-based Quilter International and Quilter Cheviot have produced a guide for investors in the Middle East to use when investing in these volatile times. Economies worldwide have

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Covid-19’s impact on the transport industry

Covid-19 has presented unparalleled challenges to all businesses across the globe, but perhaps one of the most affected are those within the transport industry. No longer can we freely move people across cities, countries and continents due to the travel restrictions put in place to combat the

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Covid-19 to trigger 14pc decline in device shipments

Global shipments of devices (PCs, tablets and mobile phones) are on pace to decline 13.6 per cent in 2020, totalling 1.9 billion units, according to the latest forecast from leading research and advisory company Gartner.   “The forecasted decline in the PC

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