Author Archives: Nicole Purin

UAE emerging as a global innovator in AI

UAE emerging as a global innovator in AI

Reading Time: 5 minutes The past few decades have seen major advances in the field of artificial intelligence (AI). As a result, AI has become a transformative business force, specifically in the technology sector. Numerous organizations are significantly expanding their use of AI tools and services, with 2018 a landmark year for this trend. Supporting technologies, such as computational

Internet copyright laws

Reading Time: 5 minutes As the growth of a few digital giants with base in the United States and state intrusion into the online world have reached dimensions that were unimaginable just a decade ago, some critics speak of ‘surveillance capitalism’ as the new form of dictatorship. In the middle of the uncertainty about our digital future, lawmakers are

The impetus for change

Reading Time: 6 minutes Shareholder activism has experienced a revival and is now growing in influence globally as an effective tool to transform companies by unlocking share price value and improving their strategic vision and governance tactics. The phenomenon of shareholder activism is not new. When it started back in the 1980s, it sparked numerous controversies due to the

Legal aspects of digital currencies

Reading Time: 7 minutes In the virtual Wild West of the digital economy created by the internet revolution, the emergence realm of cryptocurrency represents an important legal frontier. The rise of cryptocurrencies can be thought of as a digital-money revolution. Cryptocurrencies have the potential to transform the way people view money, how they transact, and even the overall structure

Cyberthreats in the GCC and Middle East

Reading Time: 6 minutes Cyberattacks present themselves in a multitude of facets, although there is no absolute single definition for cybercrime in existence. From a general perspective, cybercrime can be defined as “illegal activities, internet mediated, that occur in the context of global economic networks”. The main categories of attacks are hacktivism, financial theft, data theft, ransomware, cyberespionage, cyberterrorism

Private equity and the GCC

Reading Time: 5 minutes Private equity investment in the GCC appears to be experiencing a “rebirth”. This is a very positive development as it may be paving the way for less oil dependency and an innovative business environment. The private equity industry in the GCC has had a shorter life cycle than other markets and has faced alternating fortunes

Feeling the heat

Reading Time: 6 minutes The sight was electrifying: a solar powered flying machine ascended into the desert morning in order to probe a new frontier for ecology and sustainability. Venturing far beyond the conventional concept of an airplane, Solar Impulse II is a science adventure to test and develop new practical technologies that can deal with the urgent, global

Enabling the economic phoenix

Reading Time: 5 minutes In his 2003 book “The law of insolvency,” Ian Fletcher writes “commercial morality, and respect for the rule of law, may be said to constitute the very bedrock upon which the law of bankruptcy is founded.” The development of an efficient, transparent and foreseeable insolvency system is arguably at the center of a country’s economic

Dubai’s housing market – avoiding another bubble

Reading Time: 5 minutes The Dubai property market has experienced a rollercoaster ride in the last six years. After growth skyrocketed in 2006, Dubai became the envy of the world as the likes of David Beckham and Hollywood stars invested heavily in high-end luxury projects with prices comparable to New York and London. The housing market reached its peak

Leveling the playing field

Reading Time: 5 minutes Economic development and betterment are at the forefront of countries’ goals on a global scale. Governments’ desire to create stability within countries allow them to explore different archetypes. Some have argued that the level of a country’s progression and economic development is measurable by the level of advancement of women in society. Such advancement is