Industry: General
By s sindhwani
The United Arab Emirates (UAE) has emerged as a global destination, attracting individuals from various walks of life. Central to establishing a life in the UAE is the residency visa, a key document that grants individuals the right to live, work, and study in the country. Understanding the diverse range of residency visas available is crucial for those contemplating a move to this dynamic and cosmopolitan region. Long-Term UAE Residency Visas Golden Visa: A prestigious initiative, the Golden Visa is extended to individuals who meet specific criteria, such as investors, entrepr...
Industry: General
For every business to grow, a deliberate and continuous effort is required to expand its customer base, and there are multiple creative ways to do so. For example, every business goes through a survival risk, and refraining from acquiring new customers may seriously compromise a business future cash flow and obstruct growth. Thus, the main objective for every business is to grow their customer base without shelling out large sums of money and prioritising retention of their existing customers. In this blog, lets talk about how you can grow your customer base effortlessly by usi...
Crisis management involves the threat identification of an organization and its stakeholders. It comprises methods used by the organization to deal with these threats. A crisis is an unpredictable phenomenon that can occur at any time. It can either be natural or manmade. Therefore, before organizations can successfully pursue their long-term goals, managing crises is necessary for sustaining continuous long-term success. Crisis management strategies may vary from place to place, and the UAE has its own established process.Table of contents:Phases of crisis management and strategies....
Industry: Hospitality
By Motion Hospitality
In today’s dynamic landscape, the field of events management in Dubai and KSA (Saudi Arabia) stands as a testament to innovation and cultural vibrancy. This region, often referred to as the “heart of the Middle East,” offers unique opportunities and challenges for businesses and organizations looking to create impactful, memorable events. From large-scale international conferences to exclusive VIP gatherings, the need for expert guidance, feasibility studies, and specialized hospitality consulting services has never been greater.Understanding the Events Management Landscape in Dubai...
Industry: Finance
By s sindhwani
In the contemporary business landscape, customer service is a defining factor in shaping brand reputation and fostering customer loyalty. Social CRM, enriched by the capabilities of Magas Services, has emerged as a transformative tool to enhance service quality. This article explores the intricate relationship between Social CRM, Magas Services, and the improvement of service quality.Leveraging Customer InsightsA. Social Media Monitoring with Magas ServicesHarnessing the power of Magas Services in social media monitoring enables businesses to track customer sentiment in real-time. Th...
Industry: General
By s sindhwani
Dubai, with its futuristic skyline and bustling business environment, has earned a reputation as a magnet for entrepreneurs seeking global opportunities. One key aspect that makes Dubai particularly attractive is its tax structure, or more precisely, the absence of certain taxes. In this comprehensive guide, we will delve into Dubais tax landscape for businesses, examining the taxation system, free zones, corporate taxes, and other essential considerations. Taxation System in Dubai Dubai operates on a unique taxation system that significantly differs from many other jurisdictio...
Industry: General
By s sindhwani
In the dynamic landscape of modern business, the adoption of Application Programming Interface (API) development has become a strategic imperative. APIs serve as bridges, connecting disparate systems and applications to facilitate seamless communication. This article explores the myriad business benefits of API development, shedding light on how organizations can leverage APIs to streamline processes, enhance external integrations, and drive innovation. Streamlined Internal Processes API development plays a pivotal role in streamlining internal processes within organizations. B...
Industry: Finance
By Business Support
Artificial Intelligence Expected to Add USD 15 Trillion to the Global EconomyThe widespread adoption of Artificial Intelligence (AI) is estimated to create a USD 15 trillion opportunity within the global economy. With trade set to grow by 2.6% in 2024, the scaling up and adoption of generative AI, alongside a surge in e-commerce and digital services trade, will further enhance global trade resilience.Middle East Outperforms in Consumer and Tech Durables SalesThe Middle East & Africa is the only region to outperform despite declines in the consumer tech and durables sector across...
Industry: Audit and Assurance
Service Type: Accounting and Book Keeping
By Ahmed Syed
The prospect of setting up shop in the UAE is certainly thrilling —the burgeoning economy, tax haven benefits and international appeal attract entrepreneurs from a variety of backgrounds. But businesses don’t last forever. Occasionally due to reorganization, financial hardship or other strategic changes the decision needs to be taken to liquidate a business in UAE.The deal is a complicated one, involving legal approvals, debt agreements and regulatory clearances. Which is why having the right partner—such as MAGAS, a reputable corporate solutions provider in the UAE—will prove invalu...