Author: Mohit Singh

Dubai has become the world’s first paperless government, according to an announcement made on Saturday. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, made the announcement in a tweet. The paperless initiative launched in 2018, requested the government to switch to an eco-friendly environment. This move saves approximately 336 million sheets. “Today marks the start of a new chapter in Dubai’s quest to digitize life in all of its forms. A journey rooted in innovation.” A new adventure awaits you: All the businesses in Dubai, have come to…

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McDonald’s has been one of the businesses that are feeling the effects of inflation. This has forced the brand to boost its pricing. Former McDonald’s USA CEO Ed Rensi claimed that inflation is pushing every restaurant in the country completely insane. With the product prices have increased significantly, the portion sizes are getting smaller. The cost of living is rising. “What’s going on in the fast-food industry is ridiculous,” Rensi commented on “Cavuto: Coast to Coast.”. “It’s also valid of every other small business. This federal inflation is doing havoc on them all,” he added.  McDonald’s predicts that inflationary pressures…

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Top 5 UK Aspiring entrepreneurs of all time The United Kingdom has plenty of aspiring entrepreneurs who are experts in their fields. They put that information to good use, creating new chances and establishing themselves as the finest in their industry. Thousands of people in the United Kingdom have launched their own businesses, and their entrepreneurial spirit can be seen in a variety of ways. An entrepreneur isn’t merely someone who has come up with a variety of business concepts on their own. It also includes those who are able to collaborate with others, share their ideas, motivate their colleagues.…

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How does the sinking fund work?  A sinking fund is a fund set up for a specific purpose, for example, to pay off debt or a loan. Usually, companies that issue bonds, set up this fund to buy back bonds. They set aside a small amount regularly as the maturity date of the bond arrives. Also, through this fund, the company pays off a part of the debt, thus reducing the final payment. By setting up this fund, companies entice investors as it convinces them that the company will not default on the payment. Hence, they are created to make…

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The supermarkets across the country are facing empty shelves, amidst this ongoing pandemic, a surge in new omicron cases. The long stretch of harsh winter is also causing an imbalance of the supply-demand chain. Consumers, retailers, and market analysts are facing a nostalgia of the first few months of the pandemic. A great deal of uncertainty is looming over their minds. They are facing problems such as economic crisis, as the daily consumption goods are on the edge of going haywire.  According to a report by Bloomberg, covid-19 cases in the continent have been seen to be maximizing three times…

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The multinational company, Google headquartered in the USA has recently invested in a property in central London, which will accommodate approximately ten thousand people.  Ever since the pandemic began, companies adapted to a hybrid style of working, giving flexibility to their employees. Major firms such as the big four, made work from home a mandatory calling for its employees for two years. However, recent surveys and ease of covid restrictions are making employees willing to come back to office spaces. Google is acquiring the Central Saint Giles. A property located in central London, of which it has been a tenant…

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Private recruiting firms have reported a sudden surge in salary hikes, as the UK undergoes its highest pay inflation in two decades.  “15% is the minimum pay rise we’re seeing. While some are increasing their salaries by up to 50%, Unless something significant happens, 2022 should be even better for staff ”, said Alan Bannatyne in an interview with the BBC. He also added that there has been a high demand for better jobs in high salaried posts. Thereby, causing people with staffed jobs seeking for higher-income companies.  The job openings for such posts have created a major stir on…

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Dubai to open its doors for IceWarp, a multinational software developing company that has recently set its business in the heart of the middle east, Dubai.  The global company is one of the highest-ranking in its field for developing email communication and collaboration solutions. They have subsequent offices throughout the USA, India, Russia and have footsteps in Europe such as Czechia and Germany as well.  With the ongoing pandemic, the world is seeing a sudden boom towards digitization with new companies offering hybrid workplaces thereby connecting the world through software solutions and opening a plethora of opportunities for such fields. …

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Despite the ever-changing regulations, curbs on private organizations, and undiplomatic relations with China, nothing has stopped Americans from conducting business with the world’s second economy. “I talked to CEOs of Western companies literally every day, and I will tell you that on balance, the majority of them are planning on doing more business in China over the next 10 years, not less,” said Eurasia Group President Ian Bremmer. “The reason for that is simple. It’s because China is on track to be the world’s largest economy by 2030. And corporations ultimately want to be where their markets are going to…

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As the world races to recover from the economic impact due to the pandemic, the US has launched a $10 billion aid to boost the small business in deprived and minority groups as an attempt to get its economy back in order. According to the Wall Street Journal, the State Small Business Credit Initiative reintegrates a policy that was set following the 2007-2009 recession. These funds are dedicated towards the regulation of income to states, territories, and tribal governments for applications imparting venture capital or pushing private banks to issue loans to small firms.  Initially, it’s going to allocate $1.5…

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