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Global SME News

Platform-centered businesses

Economy Report (DER) 2019 examines the scope for value creation and capture in the digital economy by developing countries.  Platform-centered businesses have a major advantage in the data-driven economy.  The growth of digital platforms is directly linked to their capacity to collect and analyse digital data, but their interests and behaviour depend greatly on how they monetize those data to generate revenue.

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SMEs to shift to solar

Solar panel

Should small businesses (SMEs) and households shift towards non-conventional energy sources to meet their energy requirements? What are the gains that the businesses can receive from this shift?

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2021 declared International Year for the Elimination of Child Labour

The UN Assembly (UNGA)  adopted a resolution declaring 2021 as the International Year for the Elimination of Child Labour, and has asked the ILO to take the lead in its implementation.  The resolution highlights the member States’ commitments “to take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of child soldiers, and by 2025 end child labour in all its forms

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Ithraa Chairman, HE Yahya Al Jabri

The China-Arab States Expo and China-Arab Economic Summit to be held in Ningxia, China, jointly sponsored by Ministry of Commerce of China, China Council for the Promotion of International Trade (CCPIT) and Government of Ningxia Hui Autonomous Region. A twenty-member delegation from Sultanate of Oman to participate

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Artificial intelligence: the new electricity

Artificial intelligence

AI is the new electricity. It will transform every industry and create huge economic value. Technology like supervised learning is automation on steroids. It is very good at automating tasks and will have an impact on every sector – from healthcare to manufacturing, logistics and retail.

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New B2B marketplace for SMEs

It will be a global B2B Managed Marketplace which besides giving extensive trade insights, will open doors for new businesses across countries to find global opportunities to import and export to their chosen destinations. It will hand-hold International SMEs for end-to-end transactions with their International counterparts for good and long trade standing trade relations

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