Category Archives: International News

Excitation Engineering Services appoints Qatar-based agent to develop business in the local synchronous system control market

Power control specialist Excitation Engineering Services (EES) has appointed Qatar-based Synergy Gulf to develop business in the region. EES’ offering includes supplying front-end upgrades of existing excitation systems, designing and building complete new systems, system maintenance and servicing, failure investigation and engineer training.

As most excitation systems in Qatar are decades old and, in many cases, no longer supported by the original suppliers, EES aims to help engineers and engineering managers overcome challenges with obsolescence management. Synergy Gulf was selected as it met EES’ key criteria of having an in-house team of engineers, existing relationships with Qatar’s major industrial companies and a commitment to ongoing technical support.

EES’ offering in the synchronous machine control system market is unique as it is an independent company that can provide components from all major OEMs without being tied to one brand. Furthermore, it has a warehouse of new and refurbished legacy and obsolete parts that cannot be sourced from the wider marketplace. This enables it to provide cost-effective system upgrades that cause minimal plant disruption.

“Qatar is one of the big three markets in the GCC and has a high level of industrialisation that relies on decades-old excitation systems, which are difficult to source spare parts or support for,” explained Colin Cox, business development manager at EES. “With our in-house technical expertise and comprehensive stock of excitation system parts, we are well placed to provide cost-effective upgrades and offer long-term technical support, servicing and maintenance beyond the initial equipment supply.

“We chose Synergy Gulf to be our local agent in Qatar for two primary reasons. Firstly, the company has a diverse product portfolio, and a significant number of its team are qualified engineers, meaning it can act as more than just a sales agent and provide technical expertise and support. Furthermore, I have a long-standing professional relationship with Synergy Gulf’s CEO, Sudip Maitra, who is a highly respected engineer and a prominent member of the Institute of Engineers in Qatar,” continued Cox.

“Synergy Gulf is proud to partner with EES in Qatar,” explained Sudip Maitra, CEO of Synergy Gulf.” The wealth of experience and professionalism from EES, coupled with the local technical support we can provide, is a recipe for success in the Middle East market. This is especially true when it comes to supporting local customers’ synchronous excitation requirements.”

“Since we appointed Synergy Gulf, it has already arranged a well-attended Seminar in Qatar where EES gave a presentation to local engineers on synchronous system control. The presentation has resulted in several enquiries already, including a sizeable proposal opportunity for system replacement work,” concluded Cox.

Synergy Gulf’s appointment forms part of EES’ Middle-East growth strategy, which will see it appoint local agents in Qatar, Saudi Arabia and United Arab Emirates.

To find out more about EES’ technical expertise, visit https://excitationengineering.co.uk/design.

What business you should launch in the UAE if you want to succeed

Written by Vitaliy Chiryassov, CEO of UPPERCASE

When starting a business in the Emirates, certain industries offer more significant benefits, including a larger market size, higher demand, better profit potential, and stronger government support.

But, as a businessperson setting up here, it’s important to choose the vertical carefully. This means looking beyond just numbers — it’s essential to understand the field and have experience in the vertical you choose.

Venturing into an unfamiliar vertical in a country as culturally and legislatively unique as the UAE is a surefire way to rapidly deplete your funds. Keep this in mind as we explore the top 7 most profitable industries for starting a business in the Emirates.

What industries are the best types of business to open in the emirates?

Today, a growing number of both new and established businesses are expanding into the Emirates to tap into the lucrative UAE markets. In fact, thousands of businesses are setting up in the UAE. To illustrate the scale of this impact, consider that Dubai’s free zones aim to significantly boost their contribution to the emirate’s GDP, targeting $68 billion by 2030. With the market not yet oversaturated, now is an ideal time to start a business in the Emirates.  But what industry should you choose? If you’re entering this market now, here’s a shortlist of options to consider.

  1. Construction

The Emirates, especially Dubai, is among the fastest-growing mega-cities, famous for colossal projects like Burj Khalifa or the Palm Jumeirah. But beyond these landmarks, a significant influx of international businesses and expats has fueled a boom in constructing residential real estate, office buildings, and commercial facilities throughout the Emirates. Today, the country’s construction industry is estimated at USD 38.99 billion in 2023.

What’s more, the sector enjoys a strong development agenda, like the “Projects of the 50” initiative. The government is aiming to attract nearly $150 billion in foreign direct investment by 2030, offering lots of support for new construction businesses.

In this rapidly developing vertical, there’s a huge demand for construction companies, design and architectural firms. businesses producing or trading building materials, and companies offering construction equipment rental.

 

  1. Agriculture

When you picture Dubai, you probably imagine a futuristic city of steel-and-glass skyscrapers rising from the desert sands. Surprisingly, the UAE is striving to become a powerhouse in produce. The Emirates are working to reduce their reliance on imported foods, which currently account for 85% of consumption, by increasing home-grown food production. The UAE’s agriculture market, valued at USD 3.31 billion in 2024, is expected to grow further, reaching USD 4.09 billion by 2029, at a compound annual growth rate (CAGR) of 4.30%.

In Ras-al-Khaimah, there’s already a successful traditional agricultural sector focused on fruits and vegetables like tomatoes, cabbage, eggplant, squash, and cauliflower. These crops meet the country’s needs during the growing season.

But the harsh climate and intense summers have led the government to bank on innovative farming methods. Vertical and hydroponic farms, which are ideal for growing leafy greens and salads, are rapidly developing in the KEZAD special zone of Abu Dhabi. This presents a fantastic opportunity for new startups focused on sustainable farming.

 

  1. Tourism

Tourism is now the largest contributor to the UAE’s GDP outside the oil and gas sector. In 2022, the travel and tourism sector contributed nearly 167 billion AED to the Emirate’s GDP — that’s a growth of 60.2% over the previous year. The trend doesn’t  stop there.

The World Travel and Tourism Council (WTTC) forecasts that the sector will contribute around $49.18 billion to the UAE’s economy in 2023, which is nearly 10% of the total GDP. This remarkable growth stems from the country’s recent efforts to diversify its economy.

Tourism in the Emirates, particularly in Dubai, is synonymous with luxury. Known as the glamorous “Venice of the Gulf,” Dubai draws high-rollers from around the world. This constant influx creates a steady demand for travel agencies, apartment and villa rentals, and organizations that manage various events – including exhibitions, concerts, seminars, conferences, and festivals.

 

  1. Logistics

Remember that the UAE’s food consumption is 85% imports? Yes, Dubai’s import-export sector is highly profitable. The United Arab Emirates freight and logistics market is estimated at 18.63 billion USD in 2023 and is expected to grow to 27.51 billion USD by 2029, expanding at a CAGR of 6.71% during the forecast period​​.

The emirate’s strategic central location and diverse economy make it an ideal place for an international trading business, or a logistics center. Establishing such a business in Dubai offers significant opportunities for expansion.

 

  1. Education

The UAE’s education market is projected to grow at a CAGR of 5.55% from 2022 to 2027, with an expected increase of USD 817.5 million in market size. This growth is driven by a rising prioritization of education. Wealthy locals and expatriates alike tend to prefer private institutions over government ones due to noticeable gaps in the latter’s curriculum compared to international standards. As a result, there’s a high demand for quality education in the Emirates.

The UAE government also backs the private education sector through various policies. For example, the National Strategy for Higher Education 2030 aims to achieve superior scientific and professional education standards.

This environment is ripe for both traditional and digital educational projects. Language schools, art schools, private institutions catering to affluent families, and educational marketplaces are all likely to find a receptive market in the Emirates.

 

  1. Trading and retail

In the Emirates, trading stands out as a highly profitable venture. Low, 5% duty on trade within the UAE opens wide opportunities for local and international trade and also Ecommerce.

But there’s a nuance to consider. To sell retail goods across the entire country, beyond just your Free Zone, you must register a local company in the MainLand (we’ll cover the differences between registering a business in a Free Zone vs. the MainLand later in the article). As it stands, a UAE citizen co-founder isn’t required to complete the registration. But if your company is registered in a free zone, to trade outside that zone, you’ll need a distributor.

 

The hottest imports in the Emirates include:

  • Fresh vegetables and fruits.
  • Meat and meat products.
  • Flour and pasta.
  • Car spare parts.
  • Mineral fertilizers.
  • Textiles and ready-to-wear clothing.
  • Household chemicals.
  • Electrical appliances.
  • Luxury cars.
  • Exclusive gadgets and jewelry.

 

  1. Bonus industry: opening an IT business in the Emirates

IT is undeniably the future, and Dubai is a key player in this arena. The emirate’s booming economy makes it an attractive hub for businesses focused on innovation.

To foster growth in the IT sector, Dubai established hubs like Dubai Internet City (DIC), Dubai Silicon Oasis and DIFC Innovation Hub.

With digitalization becoming increasingly essential, there’s a growing need for digital solutions. For instance, starting an AI-focused startup in Dubai could be highly rewarding.

Dubai might seem like a digital utopia, but it’s a mixed bag. While it’s an excellent location for launching an IT business, it doesn’t necessarily hold a competitive edge over other countries in this sector. Nations like the UK, Canada, Singapore, and the US also offer impressive programs for IT enterprises, making the decision less straightforward.

However, if you do choose Dubai as your IT company’s base, you’ll be in good company. Digital entrepreneurs from around the globe are drawn here, not just for the dynamic IT community, but also for the high quality of life that cities like Dubai and Abu Dhabi offer.

Key factors to consider when choosing your field

Choosing a business sector in the UAE requires an understanding of local nuances and legislation, and careful planning, much like anywhere else in the world.

Free zones vs the mainland

The UAE is segmented into Free Zones and the Mainland, each with its own set of rules and business permissions.

Free Zones are designated economic areas within the Emirates where foreign entrepreneurs can operate businesses, acquire or rent properties, and hire staff. There are about 50 Free Zones in the UAE, with 20 in Dubai alone. Each zone is autonomous with its own corporate regulations.

These zones cater to businesses targeting foreign markets, with a focus on sectors like IT, consulting, industry, education, logistics, real estate, trade, and telecommunications.

Entrepreneurs choose a Free Zone based on their business focus. Popular choices include DMCC, DAFZA, JAFZA, Dubai Internet City, Dubai Media City, Dubai Knowledge Park, Dubai Silicon Oasis, KIZAD, and RAKEZ.

 

The Mainland, in contrast, is the broader territory of the United Arab Emirates. Businesses registered here can operate across the entire country, making it ideal for investors and entrepreneurs planning a long-term presence in the UAE market.

Costs involved in starting a business in the Emirates

The expenses for launching a business in the Emirates vary depending on whether you choose a Free Zone or the Mainland.

 

In a Free Zone, the average cost for a business license ranges between 6000 to 7000 USD, though this can vary depending on the specific zone. Additionally, each Free Zone has its own visa costs for business owners and employees, typically around 2300 USD per person, including insurance.

 

In the Mainland, business costs depend on the business type, the number of visa quotas, and the premises’ type and size. Employee costs include a two-year residency and insurance, around 2300 USD, similar to free zones. Renting business space is required, with a minimum of 19 square meters. On average, establishing a company on the Mainland can cost anywhere from 8,000 to 25,000 USD. Therefore, the starting budget should be at least 10,000 USD, and often significantly higher.

These cost estimates don’t include the capital necessary for growing your business in the Emirates, which is a notably expensive country. Expect to invest in higher salaries, costly raw materials, and other significant expenses.

 

Before starting your business, it’s crucial to conduct extensive research. We advise spending at least 2-3 months living in the Emirates to get a feel for the culture and determine if it’s the right fit for you. During this period, you should:

 

  • Precisely calculate the required startup capital and develop a detailed business plan.
  • Perform a thorough market analysis to understand the current landscape and realistically assess competition. Remember, you’re likely not the only entrepreneur eyeing this market, after all.
  • Prepare meticulously for your company’s launch. This includes getting all documents in order to avoid complications during registration or further down the line.

 

Wrapping up

The Emirates is an excellent destination for setting up companies in construction, agriculture, tourism, retail, education, and IT industries. The government, keen on continuing economic diversification, actively supports international investment through initiatives like the “Projects of the 50.” Remember, a well-crafted business plan and attention to detail are key to making your venture in the Emirates a shining success.

If you find yourself feeling overwhelmed, don’t hesitate to seek assistance from an expert specializing in UAE business setups. They can help you navigate the entire process, from choosing the right industry to preparing and registering your business, and even provide ongoing support post-establishment. After all, sometimes, even a camel needs a guide through the desert.

 

The Questions Every Business Should Ask Before Expanding Internationally

Despite the current economic headwinds, global expansion is having its moment this year. It increased by 45% this year compared to pre-pandemic figures, Signifyd data shows.

International expansion has become a necessity for businesses. Global ecommerce presents ample opportunities for merchants to tap into new markets and increase their revenue. But before attempting international expansion, there are certain questions every business needs to ask to bulletproof their strategy.

In an interview for Signifyd’s commerce report, Signifyd head of global financial services and EMEA marketing Amal Ahmed sat down with Chris Holley, commercetools global director for independent software vendor partnerships to discuss the very important things a business should consider before taking that step. Here are the main takeaways.

Why am I expanding and why now?

The time has never been better for businesses to embark on cross-border expansion. That double-digit global ecommerce growth is more than attractive to ecommerce leaders looking to bring their game to the next level. The earlier you make the move and take advantage of the fresh global ecommerce market, the more you will be able to establish yourself and ward off competition once it comes along.

Apart from the time being right for most businesses, you need to consider individually if this is what will benefit your business the most right now.

“One of the questions that isn’t asked when it comes to global expansion is should you even do it? Sometimes you shouldn’t. Sometimes your product isn’t attractive,” Chris Holley said.

If you are a reseller of other people’s products, for example, it’s likely that you won’t have much traction in expanding such an activity. Other businesses, such as plumbing, will also have a hard time competing with the local plumbers in a new country. In that case, you should ask yourself if this really is for you.

“Everybody likes to think internationally, but sometimes it’s not the best idea,” continued Holley.

Where is the place to expand?

Pretty much any market presents you with an opportunity to expand internationally. But each market has its own characteristics that you need to consider beforehand, and one might be better suited for your product and target audience than another.

Think about where you have a cultural affinity? Above research and analysis is your individual business acumen and intuition which can help guide you in the right direction.

Then comes the strategic part. Identify the countries where you think you will be more successful in and create a list of no more than five. Order it by starting with the most attractive one and stop at three. These are your primary target markets with the best opportunities for cross-border expansion. Chris Holley advises expanding into one market at a time. It’s also important that the country you invest into has good macro-dynamics, including a job growth, educational growth, and a net positive growth.

How am I going to get there?

Once you’ve established your target market, it’s time to consider your plan of action.

Chris Holley suggests tasting the new market by expanding through a marketplace at first rather than selling directly into a new country.

While you’re going to have a higher commission cost, the marketplace will do the majority of the work and help you attract a new customer base, thus allowing you to focus on pulling data and analysing it to form your strategy. Then, try and sell five products on a marketplace in three countries for a year. If you’re willing to risk a certain amount of money, this is a great way to get a sense of who your customers are in the given market and what their purchasing behaviours are, so that you’re well-equipped to succeed when you start selling on your own.

Expanding internationally is not a rapid process with momentary rewards. It will take time until you see results, so use that time to test the new market and see what’s working best for you.

Asking yourself these questions will help your business step into the new adventure prepared and with confidence! Cross-border expansion is a game of trial and error, and the more you practise it, the better you will get at it.

Why European Businesses Are Increasingly Setting Up Bases In The US

Expanding business to the US and creating a new base overseas might be a dream for many business owners. And it is no wonder why, as this step might help your company significantly. By taking your business to the US, you might be able to join the lucrative market that keeps constantly growing and is full of new opportunities. The country is also known for its constant progress in technology, and you might be able to get your hands on some of the latest solutions.

According to Fairfax County Economic Development Authority, more than 100 European became part of the strong business community only in their county, so the numbers are much higher throughout the US and are still on the rise.

Entering a new market might also allow you to gain access to a more varied customer base. And while we’re on the topic of people, you could also explore the extensive pool of skilled workforce. Running a business in a different country might help you to get in touch with employees who can bring in a new point of view and fresh ideas.

And while taking your company overseas might be tempting, you need to know what you’re getting yourself into. Here is why European businesses are increasingly setting up bases in the US.

 

Join A Strong Economy And Grow Your Customer Base

The US has one of the world’s strongest economies and is responsible for a significant share of the global gross domestic product (GDP). And when you expand your company into a country with such a large economy, you might also gain access to a brand-new customer base. The US has a highly diverse population, and you’ll be able to find clients from different backgrounds here.

However, one of the most important things for your company is that more people can spend money on your products or services and have the necessary financial means. Once you define your segment, engage your customers in conversation, and find a way to stand out from competitors, you might increase your business’s profits and find your rightful place in the US market.

 

Grow Your Team With A Skilled Workforce

The US takes pride in being home to thousands of colleges and universities. Many students attending these educational institutions are foreigners and might be driven by even more passion for proving themselves. The wide variety in the student population can bring your company many advantages when they decide to enter the job market. If they come from abroad, they might be able to offer you a different point of view and perhaps be even more determined to do well and grow professionally. On the other hand, the number of universities and colleges in the country allows the student to learn about a large scale of subjects that will enable them to specialize in a particular field.

Another benefit of bringing your business overseas is that you can easily find workers that can help you in areas where your company is lacking. For instance, to find the best warehouse storage facility, search for the term “Houston storage facility near me,” and you’ll be able to get in touch with companies like Cardinal Delivery. Outsourcing services might help you to grow your company and make your customers happier with the result of your work.

 

Take Advantage Of Economic Zones

Another aspect of conducting business in the US is the advantage of economic zones. If you set up in locations like Silicon Valley, you can take the opportunity to grow your network. There are also many government incentives that can bring you benefits based on the location you choose as a base for your company. In the end, you might get some tax relief and access to assistance that might be useful when you’re setting up your US headquarters.

In economic zones, it might also become easier for you to work with other companies. If you’re ever facing a problem, you might be able to get in touch with a business that might help you out. These areas also tend to have a wider variety of talented workers, so your hiring efforts might become more manageable.

 

Explore The World Of Advanced Technology

Technology can make our lives easier and help businesses to become more efficient. One of the main reasons why so many European companies want to set their new base in the US is the country’s advancement in the field of technology. By exploring the country’s market and building up your presence, you might be able to gain access to the newest innovations and use them to your advantage.

With the latest technology, you might be able to improve the services or products that you offer to your clients. In the end, it might help you to make your business more profitable and grow a base of loyal customers.

 

Conclusion: Study The Market Before Taking Any Specific Steps

Even though bringing your company to the US might be your dream, you must be realistic about your expectations. While the local economy is strong, and you might be able to reach more clients, you need to keep in mind that the market is highly competitive, and it might be challenging to stand out. You will go through many stressful moments, but if you ask for help when needed and surround yourself with the right people, you might be able to enjoy the full benefits of conducting business in the US.

Take advantage of the variety of skilled workforce that the US offers. You should also learn about any government incentives you might be eligible for. That might help you make the new venture less stressful and take some weight off your shoulders regarding taxes. In economic zones, you might also be able to grow your professional network and turn to others when you’re facing a business problem. Even though building your identity overseas might be difficult, it can be rewarding if you do it right and don’t give up.

Native vs Automated Translation Services UK: Pros and Cons

As technology evolves, we see solutions such as AI-powered artwork tools and automated writing platforms like ChatGPT becoming more widely accessible and possibly offering businesses and organisations easier, cheaper ways to manage content creation.

However, one area where automation is unsuitable is in a professional translation context, where software and apps don’t have the human ability to spot nuance, context, or tone – and a direct dictionary translation may not mean the same thing at all.

Absolute Translations, industry-leading certified translation company explains how automated translations work, where they may be of benefit, and scenarios where they strongly advocate for a professional, native translation to avoid reputational damage.

What Is an Automated Translation?

An automated translation might, to a non-speaker, look fairly similar to that produced by a qualified, highly experienced translator, but look a little closer, and you begin to see why the translation process is entirely different.

Automated software and tools use digital dictionaries. They can also use algorithms to try and identify grammatical inconsistencies, where the placement of symbols in one language differs from the next.

They’re quick, cheap, and on-demand, but unfortunately, rarely accurate enough to pass the quality expectations of a customer, service user, or overseas buyer.

Here are a couple of high-profile examples that illustrate the point perfectly:

  • Electrolux, the Swedish home appliance brand, translated a slogan into English when launching a vacuum cleaner in America. The direct translation, while technically correct, failed dramatically, stating that ‘nothing sucks like an Electrolux’, of course not realising that if something ‘sucks’ in US English, it means performing very badly.
  • A Florida hospital admitted a patient, misinterpreting his medical history in Spanish, which showed that he was ‘intoxicado’. This did not mean intoxicated, as the doctors had assumed, but he had suffered a reaction to food. The outcome was a multi-million-dollar damages lawsuit.

While most low-quality automated translations may not end in such expensive embarrassments, it is all too easy to assume a computerised translation is 100% accurate, only discovering the meaning, intention, or message has been changed beyond recognition.

How Do Native Translations Differ From Software Translations?

Native professional translators spend years perfecting their crafts, and improving their skills, even if they are already fluent in multiple languages and dialects.

Rather than translating individual words and sentences, they digest the whole article, manuscript, instruction, or marketing translation text before beginning to ensure they clearly understand what the material says, who it is intended for, and what it means in the original language.

Only then will they begin the translation work, adjusting sentence structures, terminology, and particularly technical or slang phrases to ensure they are culturally correct, sensitive, and mean the same thing as intended.

The limitations of automated translations are that a machine, no matter how advanced, cannot recognise nuance and may replicate a neutral phrase in one language that is potentially offensive in another.

How Accurate Are Automatic Translation Tools?

Some of the more well-known translation tools, such as Google Translate, claim to be 94% effective, but that is based on word-for-word translations, meaning it cannot find the correct word 6% of the time.

As we’ve explained, it isn’t simply picking the correct word that makes a professional, effective, and on-brand translation. Google Translate uses a three-part translation model where quality is ranked according to the following:

  1. Phrase-based translation
  2. Neural translation
  3. Human translation

An update released in 2016 means that the algorithm looks at whole sentences rather than individual words, which has undoubtedly improved performance. However, it remains incomparable to a professional translator when addressing human translation.

Some more widely used languages, such as English to Spanish translation, approach the top end of the accuracy spectrum. Still, in other languages, such as English to Armenian translation, it scores 55% – meaning that 45% of the content is expected to be inaccurate.

A peer-reviewed study conducted by researchers from UCLA Medical Centre and the Memorial Sloan Kettering Cancer Centre found that automated translations were, on average, 67.5% accurate in English to Farsi and 81.7% in English to Chinese.

These statistics show why an automated translation, while suitable for personal use or conversations, cannot reach the 100% flawless translation you receive when hiring a professional.

Note that Google Translate is considered one of the top digital translation tools, and these accuracy metrics are likely to be substantially lower elsewhere.

What Are the Potential Benefits of an Automated Translation?

While we do not recommend using automated translations for professional projects, particularly technical translation where one error can be extremely costly, they can be a useful tool.

Travellers and visitors in different countries can use translation apps to find out how to ask for directions, engage in a discussion, or read road signs, for example, and can access immediate results.

Automated translations can also be an effective way to establish a rough understanding of a document, or translate a label, provided you acknowledge the potential for inaccuracies.

Advantages include speed and availability, where online translation tools can respond at the touch of a button. However, be cautious about using the right spelling if entering a short piece of text or phrase in a language you do not speak or guessing the spelling from a spoken word.

For example, in Greek, the word for yes is ‘ναι’, pronounced ‘nai’, which is commonly misspelt or mistaken for no – with the opposite outcome.

When Should You Prioritise a Native Translation?

The key areas where an exact translation and precise language are essential include safety warnings, medical labelling, healthcare records, contractual and legal translation, and other translations of a technical nature or where an error could cause negative outcomes.

However, it is also imperative that companies, brands, and commercial enterprises ensure that any globalisation efforts are supported by native translation services.

Launching a product with obviously substandard translation can appear, at best negligent and, at worst, inappropriate. Where you cannot afford a margin of error or are unwilling to invest in publishing materials that contain mistakes, a professional native translation is the only viable choice.

 

 

Multi-local digital marketing agency, Digital Uncut, sets its sights state-side in rapid US expansion

Digital marketing agency, Digital Uncut, has today announced its ambitious plans for expansion into the US market as the company continues its phenomenal growth.

A leader in data-driven digital marketing, Digital Uncut are experts in the channels they operate, with expertise in SEO, PPC, Web Development, Content and Data. Having already achieved excellent growth in the US, comprising nearly 50% of their portfolio, the firm are looking to accelerate further as part of a wider strategy of international expansion.

Since its inception in 2016, the digital marketing agency has honed a clear niche in delivering data-driven campaigns for start-up and scale-up businesses, bridging the gap between what agencies typically offer and what businesses need.

Digital Uncut has already established an exciting state-side portfolio comprising of disruptive brands, including Matterport, Helpshift and PredictSpring, along with recent client win, NETDepot, a leading cloud solutions provider with nearly 30 years experience in the IT space. Digital Uncut have been appointed to assist with tripling revenue within the next 2 years through a comprehensive SEO and Web Development strategy.

Sam Martin-Ross, Founder and Director of Digital Uncut, said: “The US represents a key market for us, and I’m delighted to be leading our expansion into this space. We take immense pride in the service we provide to our clients, and we are incredibly lucky to already be working with so many exciting US brands.

Growth is my biggest driver, so working closely with scaling companies to directly see the impact of our hard work on growth is so rewarding. As a company, our passion is doing things bigger and better, and expanding our presence within the US gives us an opportunity to do exactly that, replicating the success we have already enjoyed in the UK, and applying that to the US market.”

Headquartered in London, Digital Uncut was acquired by French international marketing agency, Eskimoz earlier this year following a period of impressive growth for the firm. The group now boasts a headcount of over 150, with a turnover in excess of £20 million.

For more information visit https://digitaluncut.com

CybExer Technologies Cyber Range as a Service offering enters Polish market

CybExer Technologies and Polish cyber security company LabSecure PSA signed a Memorandum of Understanding in Mons at the NATO Communication and Information Agency Conference NATO Edge 2022 to start offering cyber security trainings in Polish market based on CybExer Cyber Range as a service solution.

LabSecure CEO Jacek Czech emphasized a significant gap in cybersecurity skills in Poland: “In Poland there are significant regulatory requirements for thousands of employees of state administration, business – state and private companies and mainly local government cybersecurity staff to go through a continuous cycle of training and certification. We are glad to partner with CybExer Technologies and bring on board effective cyber range technology to address this challenge.”

According to CybExer Technologies CEO Andrus Kivisaar the agreement is yet another proof of the appeal of CybExer SaaS offering: “Our mission is to make cyber range technology accessible to cyber training providers who have local knowledge and access to clients. We want to be a good cyber range partner allowing training providers to customize their content to local needs. We are very glad to sign the MOU with LabSecure to enhance the cyber resilience of Polish public sector and companies. This milestone marks for us the entering to the market of a 40 million country and helps scaling up our technology, ” Kivisaar added.

About CybExer Technologies: 

CybExer Technologies is a NATO-awarded Estonian cybersecurity company. CybExer has wide-ranging experience in providing and maintaining highly sophisticated cyber security training platforms with a special focus on cyber capability development.  CybExer offers access to state-of-the-art, full-featured cyber range technology and world class consultative and training expertise that helps the clients to foresee and mitigate their cyber security threats. CybExer services are available in an easy-to-buy subscription-based SaaS model or as an on-premise solution.  CybExer’s flagship solution is the proprietary cyber range platform and the highly realistic live-fire exercises conducted on the range.  
 
CybExer capabilities and solutions have been used to conduct some of the world’s largest cyber exercises. Trusted by multiple governments, European Defence Agency, European Space Agency CybExer has delivered exercises to over 100 000 end users.  
 
www.cybexer.com 

 

WeDo Business Services makes acquires significant stake in Australian finance firm

A north west business services group has gained a foothold in the Australian market by making a strategic seven-figure investment in a Brisbane-based invoice and trade finance company.

WeDo Business Services, which is headquartered in Oldham, has taken a significant stake in Invoice Finance Group (IFG).

IFG had been seeking an investment partner to help take it to the next level by adding funding capability and new business finance products. At the same time, WeDo was looking to establish itself Down Under.

WeDo directors Mark Lindsay and Chris Robinson engaged Wayne Smith, a former senior executive at Sydney-based business finance company ScotPac, to help with this phase of their growth plan.

Wayne was able to bring both parties together and helped to structure the deal. He has become chairman of IFG following the investment, and will work with its founders and directors Paul and Angela Tonges on its expansion strategy.

Mark, group chief executive of WeDo, said: “Our invoice finance business has been built on a simple model of delivering solutions in a transparent and value-added way, working with clients to ensure they get more than they expect.

“It was refreshing to see that IFG shares a similar approach which is very client-centric.

“The independent finance market in Australia is not as competitive as it is in the UK, and therefore we feel there is scope for IFG to expand significantly and develop additional service lines, much like our UK business has done in recent years. We are extremely excited by the opportunities and growth potential for IFG.”

WeDo provides a range of services to small and medium-sized companies. In addition to invoice and trade finance and start-up funding, it provides HR, back office, IT, digital and payroll support, with a focus on the recruitment sector.

Mark and Chris founded the business in 2019 with just four staff and the company has grown rapidly through organic expansion and acquisitions. The group now employs almost 100 people across its network of offices, including sites in Colchester, Swindon, Sheffield and MediaCityUK in Salford.

IFG is a boutique business which husband and wife team Paul and Angela set up in 2011. It specialises in providing invoice finance to businesses across Australia.

Paul said: “As the founders, we are very excited about the next chapter of IFG’s growth strategy. We’re delighted to share a common alignment in our vision and values with our new investors, by continuing to exceed our customers’ expectations.

“This strategic investment will allow IFG to better service our existing clients and attract new customers by enabling us to offer a broader range of finance products and a larger deal size. With so many Australian small businesses desperate to fund growth, IFG will be able to assist many more SMEs.”

Expand Your Business Apertures by Investing in Second Citizenship

Written by Laura Stace

Scaling your business is an exciting but tricky process.  But, if you’re doing the fundamentals correctly and the main leap is having the commitment to go through with it! Global expansion often pertains to taking a different path, dealing with marketing, sales, and understanding taxes in the foreign country where you’ll be operating.

No matter where you work and live, there will always be broader and bigger opportunities to expand your business horizons and invest in a foreign country. Many countries are more than happy to host foreign investors into their economies in exchange for citizenship.

But can you expand your business by investing in a second citizenship? Yes, you can! And here we’ll explain how a second passport can benefit your business globally.

How Can You Obtain Dual Citizenship?

Depending on your country of origin and the country where you want to invest for dual citizenship, the process of obtaining it differs between countries. However, it can be surprisingly easy since the governments have all kinds of projects you can invest in with the main aim to fund national development.

The investment options for obtaining a second passport include investment in real estate approved by the government, one-time donation to national funds, and investment in shares in luxury resorts or hotels.

For example, the Grenada citizenship investment program requires investors to make a contribution to the economy with a single donation of $150,000 to the National Transformation Fund or at least $200,000 investment in real estate. This passport allows you to apply for the US E-2 Treaty visa and travel and work in the USA.

 

How Dual Citizenship Can Expand Your Business Apertures?

Second citizenship is a popular choice among high-net-worth investors seeking business opportunities internationally. There are many benefits of dual citizenship, including working and living in another country, access to better healthcare and education, visa-free traveling, and an opportunity to live in a different country.

It also provides stability and security for citizens, moreover, if those citizens come from a country that’s politically or economically unstable. Here’s how dual citizenship can help you expand your business affairs abroad.

1. Freedom of Mobility

A second passport is a dream come true for people who travel often. It allows them to travel visa-free to multiple countries which boost financial and business opportunities since investors can save on visa fees and additional costs.

Having the ability to travel without a visa or with a visa on arrival is a huge advantage if you want to expand internationally. However, the number of countries you can travel to visa-free depends on the country’s credit rating – if the country has an excellent credit rating, the chances are your passport would be very powerful.

 

2. Unlimited Business Opportunities

With dual citizenship, you have endless business opportunities. It opens the doors to new entrepreneurial options and gives you access to emerging and established markets. If your business is relying on international trade, then a second passport is more than welcome.

3. Always Have a Plan B

In today’s world, it’s a good idea to have a plan B. And dual citizenship is the ultimate insurance of security and stability – a safety net that allows you to relocate your assets to another country in case of natural disasters, a war, market crash, civil unrest, or other unforeseen circumstances.

4. Access to Quality Education

Through dual citizenship, you can take advantage of quality education that might not be available in your home country. And if you have a family, access to educational institutions with high rankings is significant. You will provide a better future to your descendants so they can run your business affairs abroad.

What Are The Requirements?

Every nation has different terms and conditions regarding the CBI programs. However, there are quite a few ones that are common in all countries.

  • You need to be at least 18 years old at the time of application
  • You need to provide proof of the legal source of the investment fund
  • You must be able to show a clean background check, with no criminal record
  • Undergo health screenings
  • Pledge an oath of allegiance to demonstrate your commitment and principles for the new country that will become your home
  • Fill out the needed paperwork and disclose required documentation

Top Countries That Offer Dual Citizenship And Favorable Benefits For Your Business

Many nations allow foreigners to apply for dual citizenship, however, there are a couple that offer favorable business benefits. We’ll mention a few you can check and decide whether you want to apply for citizenship and expand your business globally.

Among the countries with the best CBI programs are Antigua and Barbuda, St. Kitts and Nevis, St. Lucia, Dominica, Grenada, Malta, Cyprus, Turkey, and Bulgaria.

Get Your Passport

A second passport can certainly help you expand your business to a foreign country and emerge into new markets. 

In this article, we’ve covered essential details about dual citizenship – how you can obtain one, what are the requirements and the countries with the best CBI programs, and how it can help entrepreneurs expand globally. So, get your passport now and enjoy the benefits later!

 

About the author

Laura Stace is a popular blogger who writes about business and travel

Hochiki Italia products chosen for prestigious winery fire safety update

In the heart of Franciacorta, at the top of the hill overlooking Bornato, sits the historic headquarters of the Società Agricola Monte Rossa srl. Owned by the Rabotti family since 1972, the Winery is famous for its fine wines that can satisfy even the most demanding palates.

Producing 500,000 bottles per year and with 70 hectares of managed vineyards, Monte Rossa is considered a leader for the quality level of the Franciacorta wines it produces.

Last May, the new Winery by Monte Rossa was inaugurated – just a few kilometres from the historical headquarters. This was an ambitious project, using the latest in wine making technology, that also included an innovative fire detection system designed with the support of the installation company Eurodue srl of Brescia, a leading distributor of fire-fighting equipment and Hochiki dealer.

Just like many other wineries in Italy, and indeed around the world, Monte Rossa is made up of different buildings for processing, storage, and packaging, which are mostly made of reinforced concrete and masonry. In terms of fire, the room that is the most at risk is the storage and packaging areas, since copious quantities of combustible materials are often stored in this room. In the wine industry, substances (such as nitrogen) contained in pressure vessels (cylinders) are commonly used, so particular care must be taken when using them, and the produces must ensure the room can be sealed in an emergency, to avoid explosions and fires.

The new fire detection system was to cover an area of 20,000Sqm, divided across four levels with indoor and outdoor areas. The automatic and manual fire detection systems were installed in offices, laboratory, vinification areas, the Barrique cellar, the “sur lattes” bottle ageing rooms and the disgorging and bottling areas. The new Hochiki fire detection system also controls the fire doors of the compartmentalised processing and production areas of the building.

Products chosen to protect the building, contents, staff and visitors include Hochiki’s SCI Sensors which are part of the ESP (Intelligent Range) which are trusted worldwide to reduce false alarms and allow systems to be tailored to achieve optimum performance.

Ezio Danese, Project Manager at Hochiki Italia explained: ‘The UNI 9795 standard requires the installation of a short-circuit isolator for each zone in a building. SCI detectors with integrated isolator and various installed devices such as call points and I/O modules with double isolator ensure that the system complies with the regulatory requirements, without having to install additional isolators. This is definitely an advantage for the installer.”

Visual Alarm Devices (VADs) were also installed. These were a key component to the install because they provide a visual indication of an alarm condition, essential for areas where the public might be visiting, or in areas where staff might be wearing ear defenders.

Filippo Piubeni, co-owner of Eurodue srl, commented: “It is always a pleasure to be able to complete such an important fire detection system project. We are proud to have made secure a site such as the Monte Rossa Winery, which is not only technologically advanced but equally linked to the winemaking tradition of the Franciacorta region. This top-quality system will provide the best possible protection for staff and the facility’s many visitors. The system was installed by the company Bignetti Salvato and carefully programmed by FYS srl di Gregorelli Francesco, Hochiki’s Technical Assistance Centre, which was able to optimise the various operational requirements in accordance with the project and current regulations.

The Hochiki fire detection system installed at Monte Rossa is a feather in our company’s cap for the foreseeable future.”