The Middle East is experiencing rising demand for high quality, innovative healthcare solutions. This is particularly true for the region’s largest healthcare market – Saudi Arabia. Saudi entities are increasingly willing to invest in healthcare companies overseas in order to source solutions and expertise that could meet the needs of the Saudi market. Healthcare is…
Investors based in the Middle East and regional healthcare companies having been actively seeking acquisitions and investment opportunities in the US. Overseas investments provide Middle Eastern individuals and institutions with a way to diversify their portfolios, rather than overexposing their operations to a single market, as noted recently in Forbes. According to Dhiraj Joshi, a…
The concept of organisational cost reduction has been at the top of corporate agendas ever since the global financial crisis of 2008-2009. In the immediate aftermath of the global recession, organisational cost reduction emerged as not only a necessity, but also a field that provided ample scope for innovation. For a long time, the question…
With a recent cost survey by Deloitte showing that 88 percent of companies will be pursuing cost-reduction measures over the next 24 months, effective cost strategies have never been in greater demand. As part of Naseba’s ongoing effort to meet this demand, we’ve researched and summarised 10 key strategies to help your organisation cut costs…
Earlier this year, the pharmaceutical arm of Fosun International, a Chinese company with a market cap of over 13 billion USD, announced a1.3 billion USD buyout of India based Gland Pharma. Chinese companies are increasingly making healthcare deals abroad in order to become relevant and active players in the global healthcare market. The domestic market…
I-Bridge Capital, a health-care focused venture capital firm and incubator based in Shanghai, has announced the establishment of a joint venture with BioLineRx Ltd., a drug company based in Israel. The venture will incubate healthcare startups, in order to develop innovative clinical and pre-clinical therapeutic projects. Though these projects will originate primarily in Israel, they…
For over 20 years, Joy Ajlouny has been an e-commerce industry professional whose business and fashion influence has spanned the globe. Joy is the co-found of Fetchr, a Silicon-Valley backed technology company based in Dubai aimed at solving emerging market shipping logistics. Fetchr is the first start-up in the Middle East to be funded by…
Last year, cyber attacks cost businesses an estimated 400 billion USD per year, according to British insurance company Lloyd’s. The estimate includes not only direct damage but also the disruption to business following the attack – because often, it is not the attack itself that causes the most damage, but its aftermath, which can drag on…
Today, an estimated two to five percent of global commerce takes place online. However, for many businesses, embracing the increasingly digital nature of business has been far more easily said than done. Businesses outside of the tech sector are often burdened with legacy systems and outdated methods of information processing. This results in a direct…
Following the historic decision by GCC member states to adopt value added tax (VAT) on January 1st 2018, regional businesses are scrambling to determine exactly what the tax will mean for them. For regional CFOs, the introduction of VAT within the GCC marks the beginning of a new era in financial reporting, and therefore a…