Top Causes That Lead Companies To Go Bankrupt

The ruling is historical for the real estate market in the UAE as the Dubai court ordered Saudi Minister Ahmed Al-Rajhi to pay nearly 2 billion dirhams

According to Arabi21, the verdict was issued on the 25th of November.

An Emirati court has charged a Saudi minister with fraud in Dubai.

The case was filed by a Palestinian-Canadian owner of an investment company.

The well-known case dates back to 2008.

A court in Dubai has charged a Saudi minister and four of his brothers with fraud in a case filed by Palestinian-Canadian businessperson Omar Ayesh.

Ahmed al-Rajhi, the current Saudi Minister of Labour, and his brothers were accused of seizing the properties and assets of Tameer Holding Investment (LLC), including the shares of its founder, Omar Ayesh.

According to Arabi21, the verdict was issued on the 25th of November.

The court demanded the Saudi minister and his brothers pay compensation to the Palestinian businessperson of around 1.7 billion Emirati dirhams ($462.8 million).

The court also ruled to charge Rajhi an annual 9% interest on the amount of the fine, starting from the 12th of March, 2017, until the completion of payment.

The court also ordered Rajhi to pay Ayesh, who holds 25% of shares in Tameer Holding Investment (LLC), $2.8m in compensation for material and moral damages.

According to Arabi21, the case was filed when the Saudi minister and four of his brothers seized the assets and properties of Tameer Holding Investment (LLC), including the shares of its founder and hundreds of other clients.

“The ruling is significant for the real estate market in the emirate as the Dubai court demanded Saudi Minister Ahmed Al-Rajhi to pay nearly 2 billion dirhams,” Ayesh remarked.

“Although the ruling came at a much lower sum than I expected, it represents a big victory for justice in the face of injustice and corruption,” he added.

The International Justice Mission (IJM) in Washington reflected on the case, saying that it “will pursue to expose all corrupt persons, regardless of their seniority or position.”

How practice tests help you prepare for cloud certification exams

Cloud computing is a form of Internet-based computing that provides shared processing resources and data to computers and other devices on demand. A model for enabling ubiquitous, on-demand network access to a shared pool of reconfigurable computing resources (such as networks, servers, storage, applications, and services) that can be quickly provisioned and released with little management effort or service provider interaction is what is generally referred to as cloud computing.

Practice tests for cloud computing are the best way to prepare for the certification exam. Practice tests are designed to give you a feel of what the real exam is like. They also make sure that you know all the important topics and concepts in order to pass them with flying colors. Cloud computing certification practice tests are not a replacement for a dedicated, in-depth study guide. Remember that the best way to prepare for the exam is to take an online course or attend a VMware certification course.

Practice tests for cloud computing can be categorized into different types:

- Practice exam questions

- Online practice test

- Mock test

- Self-assessment test

- Free practice questions

There are many practice tests that you can take to take your preparation to next level, for example, The Microsoft Azure Practice Test is a free practice test with over 50 questions. It provides a variety of difficulty levels and is available in English, Spanish, and German.

Source

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It is important to minimize the negative impact of unintended bias in searching for talented workers.

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Diversification strategy is applied when companies wish to grow. It is the practice of introducing a new product into your supply chain in order to increase profits.

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Instead of your daily pipe-dreams, you highly need an open relationship with at least three different banks to finance your upcoming projects.

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Five pillars of real estate development

1. Site Selection and Acquisition: The foundation of any real estate development project lies in the careful selection and acquisition of the right piece of land. Developers assess factors such as location, accessibility, zoning regulations, and market demand to determine the viability of a site.

2. Financial Feasibility: Before proceeding with a project, developers conduct thorough financial analyses to ensure its economic viability. This involves assessing construction costs, estimating potential revenue, and evaluating the return on investment. Financial feasibility studies guide decision-making and help secure financing.

3. Effective Project Management: Successful real estate development requires effective project management throughout every phase, from design and construction to marketing and sales. This pillar encompasses coordinating various stakeholders, managing timelines, and addressing unexpected challenges to ensure the project stays on track and within budget.

4. Compliance with Regulations: Real estate developers must navigate a complex web of regulations, including zoning laws, building codes, and environmental regulations. Adhering to these regulations is crucial for obtaining necessary permits and approvals, mitigating legal risks, and ensuring the project aligns with local planning guidelines.

5. Market Analysis and Demand: Understanding the market and anticipating demand are essential pillars of real estate development. Developers analyze current market trends, demographic data, and consumer preferences to design and deliver projects that meet the needs of the target audience. This pillar involves staying attuned to market fluctuations and adapting strategies accordingly.

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How does Cloud Computing benefit businesses?

There is a good chance you already use cloud storage to store the photos from your smartphone or to run software on your laptop. In the UK, SMEs are now gravitating towards cloud computing rapidly thanks to the fact that it provides a relatively low-cost solution to a problem whilst offering massive amounts of flexibility.

Cloud computing allows a type of flexibility that we have never enjoyed before. It also allows businesses to improve their services to work far more efficiently and educate employees on the benefits of Cloud Computing.

The Cloud will play an active part in helping you achieve many of your business goals as it can be a powerful tool and expansive in a way that seemingly knows no bounds. It can also offer cost-effective solutions and allow smaller businesses to expand without breaking the bank.

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